Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / novamart-stockholder-consent-solicitation-package.docx
novamart-stockholder-consent-solicitation-package.docx
Parties
NovaMart Global Inc
Cascade Retail Holdings Inc
Harkness LLP
Loewe LLP
Package NovaMart Global Inc
Delaware General Corp
Pemberton Strauss Advisory LLC
Severin Beck CPAs LLP
Dates
May 20, 2025
May 18, 2025
May 28, 2025
December 31, 2025
April 11, 2025
May 8, 2025
Amounts
$1,200,000,000
$96,000,000
$1,104,000,000
$78,500,000
$5,000,000
$73,500,000
$83,500,000
$216,000,000
$12,000,000
$5,400,000
Obligations
In the event of any conflict or inconsistency between this Summary Term Sheet and the SPA, the terms of the SPA shall control
Any disputes regarding the final working capital calculation shall be resolved in accordance with the dispute resolution procedures set forth in Section 2
The retention amount represents the initial layer of loss that Cascade must absorb before the R&W Policy responds
If the SPA is terminated due to (a) Cascade's failure to consummate the closing at a time when all conditions to Cascade's obligations to close have been satisfied or waived, or (b) Cascade's willful and material breach of the SPA, then Cascade shall pay to the Stockholder Representative, for the benefit of the Selling Stockholders, a reverse termination fee of $30,000,000 (representing 2
Payment of the reverse termination fee shall be the Selling Stockholders' sole and exclusive monetary remedy against Cascade for such termination, except in the case of fraud
If the SPA is terminated due to (a) a material breach by NovaMart or the Selling Stockholders that is not cured within the applicable cure period, or (b) the Board's acceptance of a Superior Proposal (as defined in the SPA), then the Selling Stockholders shall pay (or cause to be paid) to Cascade a forward termination fee of $30,000,000 (representing 2