FR EA

Extract to table

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

Extract to table / memo-interim-operating-covenants.docx
memo-interim-operating-covenants.docx · 1041-00003

Parties

HARKNESS LLP
Stratos Merger Sub Inc
Digital Infrastructure Fund VI LP
Solara Digital Infrastructure LP
Delaware General Corp
Atlas Commercial Lending Corp
Parties Solara Digital Infrastructure LP
Solara Fund VI GP LLC

Dates

January 12, 2024
January 17, 2024
January 22, 2024
January 15, 2024
June 30, 2024
January 8, 2024
March 15, 2021
September 30, 2024
December 31, 2023
January 23, 2024

Amounts

$6,800,000,000
$36.92
$6.8
$20,000,000
$30,000,000
$38
$12.4
$620,000,000
$200,000,000
$820,000,000

Obligations

Solara, as the acquiror, must ensure that the business it is paying $6
The material contracts covenant must be calibrated to permit ordinary-course customer acquisition without creating bottlenecks
The consent process must be efficient enough to avoid disrupting these renewals while still protecting Solara's interests
The Merger Agreement's interim covenants must be harmonized with these obligations
These actions must be expressly carved out from the Section 6
This standard is appropriate given that Cloudium will remain an independent, publicly traded company during the Interim Period and must balance its obligations under the Merger Agreement with its ongoing fiduciary duties to its stockholders