FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / payoff-letter-ridgeline.docx
payoff-letter-ridgeline.docx · 1039-00002

Parties

AND COURIER Torchlight Mining Corp
Harkness LLP
Claire Pendleton Ross LLP
Torchlight Mining Corp
Wolverine Lake Mining Ltd
Processing Inc
Canada Business Corp
Business Corp

Dates

April 19, 2022
August 12, 2019
March 6, 2020
November 14, 2021
January 1, 2022
May 12, 2022
August 13, 2019
August 15, 2019
August 16, 2019

Amounts

$225,000,000
$140,000,000
$85,000,000
$300,000,000
$140,000,000.00
$12,260.27
$110,250,000
$1,347,260.27
$127,397.26
$83,541.10

Obligations

Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement
In the event that the Payoff Amount is not received on the Payoff Date and a revised payoff letter is required, additional per diem interest shall accrue at such rate until the date of actual receipt
If the Borrower elects to remit payment in United States dollars, the conversion shall be effected at the prevailing spot exchange rate as quoted by Ridgeline Bank of Canada on the Payoff Date
dollars required to satisfy the Payoff Amount in full shall be determined by Ridgeline at the time of receipt, and any shortfall resulting from exchange rate movements must be promptly remitted by the Borrower
SECTION 3: PAYMENT INSTRUCTIONS The Payoff Amount shall be remitted by wire transfer of immediately available funds to the following account: 3
3 Timing of Payment Payment of the Payoff Amount must be received in immediately available funds no later than 2:00 p