Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / draft-restrictive-covenant-agreement-outline.docx
draft-restrictive-covenant-agreement-outline.docx
Parties
Harkness LLP
Solara Fleet Holdings LLC
Solara Digital Infrastructure LP
Northgate Escrow Services LLC
Dates
April 30, 2026
April 30, 2029
April 30, 2028
March 15, 2022
January 1, 2023
January 8, 2026
Amounts
$350,000,000
$62,000,000
$25,000,000
$35.00
$87,000,000
$63,000,000
$3,800,000
$17,500,000
Obligations
Under Delaware law, restrictive covenants entered into in connection with the sale of a business must be supported by adequate consideration
Defined Terms The recitals should include a provision noting that capitalized terms used but not defined in the RCA shall have the meanings ascribed to such terms in the SPA, unless the context otherwise requires
1 "Competing Business" The definition of "Competing Business" is the cornerstone of the non-competition covenant and must be drafted with precision to ensure both adequate protection for the Buyer and enforceability under Delaware law
The following activities shall not be deemed to constitute engagement in a "Competing Business": (a) Passive Investment
Holliday shall be the period commencing on the closing date and ending on the third (3rd) anniversary of the closing date
Vasquez-Park shall be the period commencing on the closing date and ending on the second (2nd) anniversary of the closing date