FR EA

Extract to table

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

Extract to table / greystone-lender-consent.docx
greystone-lender-consent.docx · 1005-00006

Parties

COURIER Nexford Industrial Holdings Inc
M. Stanhope
Counsel Nexford Industrial Holdings Inc
Harkness LLP
Pinnacle Metal Fabricators LLC
Nexford Industrial Holdings Inc
Commonwealth Escrow Services Inc
Target Pinnacle Metal Fabricators LLC

Dates

October 6, 2023
February 10, 2023
March 15, 2021
September 18, 2023
September 22, 2023
September 29, 2023
September 5, 2023
June 30, 2023

Amounts

$75,000,000
$30,000,000
$24,000,000
$6,000,000
$3,000,000
$21,000,000
$18,400,000
$3,700,000
$7,200,000
$5,000,000

Obligations

Capitalized terms used but not otherwise defined in this consent letter (this "Consent Letter") shall have the respective meanings ascribed to such terms in the Credit Agreement
Execution and Delivery of the APA The APA shall have been duly executed and delivered by all parties thereto, including the Borrower, Pinnacle, and each of the Members, and shall be in full force and effect
The APA shall not have been amended, modified, supplemented, or waived in any material respect without the prior written consent of the Administrative Agent
For purposes of this condition, any change to the purchase price, the structure or amount of the earnout consideration, the indemnification provisions, or the closing conditions under the APA shall be deemed material
Pro Forma Compliance with Financial Covenants After giving pro forma effect to the Proposed Acquisition and the Acquisition Draw (including, for purposes of such calculation, the consolidation of the Target's historical financial results with those of the Borrower in a manner consistent with GAAP and the definitions set forth in the Credit Agreement), the Borrower shall be in compliance with all financial covenants set forth in Section 8
Accuracy of Representations and Warranties The representations and warranties of the Borrower set forth in Article V of the Credit Agreement and in each other Loan Document shall be true and correct in all material respects (or, in the case of any representation or warranty that is qualified by materiality or Material Adverse Effect, true and correct in all respects) on and as of the date of the closing of the Proposed Acquisition, after giving effect thereto, as though made on and as of such date; provided, however, that to the extent any such representation or warranty expressly relates to a specific earlier date, such representation or warranty shall be true and correct in all material respects (or, as applicable, in all respects) as of such earlier date