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Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / board-presentation-insurance-tower-review.docx
board-presentation-insurance-tower-review.docx
Parties
Nexford Industrial Holdings Inc
Harkness LLP
Ashford Breckinridge LLP
Structure Nexford Industrial Holdings Inc
Triton Fastener Corp
Governance Nexford Industrial Holdings Inc
Combined Inc
Strauss LLP
Dates
June 22, 2022
April 22, 2022
April 26, 2022
July 1, 2022
May 27, 2022
June 17, 2022
June 3, 2022
June 4, 2022
June 6, 2022
June 7, 2022
Amounts
$4,483,700
$477,350
$4,006,350
$15
$20
$2.5
$10
$1.44
$4,600,000
$795.2
Obligations
Defense cost erosion must be tracked carefully to monitor the approach to the Great Basin excess attachment point of $10 million, at which point the excess tower would begin to respond
E, the current D&O tower limits must be revisited and likely increased substantially in connection with any IPO
A corrective endorsement is required to align the issued policy form with the agreed terms
The formal endorsement reflecting this sub-limit increase must be attached to the Midland Casualty primary PL renewal policy (MCS-GL-2022-58904)