Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / fee-letter-review-memo.docx
fee-letter-review-memo.docx
Parties
HARKNESS LLP
Cascade Retail Holdings Inc
Marlowe Crane CPAs LLP
NovaMart Global Inc
Loewe LLP
Pemberton Strauss Advisory LLC
Paige LLP
Towne LLP
Dates
May 15, 2025
May 20, 2025
August 15, 2025
October 15, 2025
December 31, 2025
May 8, 2025
May 16, 2025
July 14, 2025
May 17, 2025
May 18, 2025
Amounts
$750,000,000
$1,200,000,000
$19.7
$313,000
$711,000
$8,437,500
$47,300,000
$738,750,000
$11,250,000
$750
Obligations
Importantly, the Fee Letter includes a combined flex cap, which provides that the aggregate economic effect of any upward pricing flex (whether through spread increases, OID increases, or a combination thereof) shall not exceed an all-in yield increase of 75 basis points over the base terms, as measured on an effective yield basis assuming a three-year weighted average life
The structural flex right is subject to the following parameters: • Cornerstone must consult with Cascade prior to exercising structural flex, and must provide Cascade with a reasonable opportunity to comment on proposed modifications
As the closing date approaches, Calderwood & Harkness will coordinate with Cornerstone regarding the scope of permissible redactions to the Fee Letter in the event that it must be filed with the SEC (e