FR EA

Extract to table

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

Extract to table / commitment-letter.docx
commitment-letter.docx · 1043-00001

Parties

CONFIDENTIAL Ironhaven Data Centers LLC
Ironhaven Data Centers LLC
Ironhaven Frankfurt GmbH
Harkness LLP
Mercer LLP
Ironhaven Holdings Inc
Euronova Digital GmbH
Thornfield Capital Management LLC

Dates

February 28, 2024
February 12, 2024
March 15, 2024
April 19, 2024
September 30, 2023
March 8, 2024
June 30, 2024
June 3, 2024
June 3, 2031
May 15, 2024

Amounts

$950,000,000
$200,000,000
$130,000,000
$410,000,000
$14,250,000
$175,000
$200,000
$125,000
$75,000
$4,750,000

Obligations

Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Summary of Terms and Conditions attached hereto as Exhibit A (the "Term Sheet")
In the event of any conflict between the terms of this Commitment Letter and the Term Sheet, the terms of this Commitment Letter shall control
It is understood that, upon completion of the syndication process described in Section 3 below, Crescent Harbor shall retain Two Hundred Million Dollars ($200,000,000) of the aggregate commitment as a Lender under the Facility
shall serve as Collateral Agent and Security Trustee with respect to the Facility, both in the domestic context (for all United States collateral) and, through its London branch (Pinnacle Trust Company, London Branch), for the German-law security package, which shall be structured under a parallel-debt mechanism (Parallelschuld) customary for German-law secured credit facilities
The German-law security documents relating to the assets of IHDC Frankfurt (including, without limitation, the Grundschuld, the Globalzession, the Kontoverpfändung, the Sicherungsübereignung, and the Security Purpose Agreement) shall be governed by German law
The parallel-debt and security trust provisions shall be governed as set forth in the definitive documentation