Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / payoff-letter-atlas-review.docx
payoff-letter-atlas-review.docx
Parties
Digital Infrastructure Fund VI LP
Harkness LLP
Atlas Commercial Lending Corp
Stratos Merger Sub Inc
Archer LLP
Services Atlas Commercial Lending Corp
Cloudium Technologies UK Ltd
Cloudium Solutions GmbH
Dates
July 5, 2024
March 15, 2021
March 15, 2028
March 15, 2026
January 22, 2024
July 9, 2024
July 15, 2024
January 1, 2024
July 12, 2024
July 8, 2024
Amounts
$620,000,000.00
$400,000,000.00
$200,000,000.00
$2,683,716.67
$132,942.47
$189,411.23
$866,037.50
$42,885.00
$41,666.67
$61,100.39
Obligations
Unless otherwise defined herein, capitalized terms used in this Payoff Letter shall have the meanings ascribed to them in the Existing Credit Agreement
To the extent that actual expenses differ from the estimated amount, the Borrower's obligation to reimburse such expenses shall survive the payoff and termination as set forth in Section 6 below
For avoidance of doubt, if payment is received prior to July 9, 2024, the aggregate payoff amount shall be reduced by $177,910
1 Termination of Revolving Commitments Upon receipt by the Administrative Agent of the aggregate payoff amount in full in immediately available funds in accordance with Section 3 above, all revolving credit commitments of the Lenders under the Revolving Credit Facility shall automatically and irrevocably terminate, and no further borrowings, conversions, continuations, or letter of credit issuances shall be requested or permitted under the Existing Credit Agreement
(b) Such release shall extend to all assets of the Borrower and each of its domestic and foreign subsidiaries (including, without limitation, Cloudium Technologies UK Ltd
4 Additional Release Documents Atlas, as Administrative Agent, hereby agrees to execute and deliver, at the Borrower's expense (to the extent not already included in the estimated expenses set forth in Section 2