Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / deal-summary-memorandum.docx
deal-summary-memorandum.docx
Parties
Nexford Industrial Holdings Inc
Pinnacle Metal Fabricators LLC
Harkness LLP
Commonwealth Escrow Services Inc
Crane LLP
M. Stanhope
Members Pinnacle Metal Fabricators LLC
Hoosier Registered Agents Inc
Dates
October 24, 2023
June 30, 2023
July 11, 2023
September 15, 2023
August 25, 2023
September 5, 2023
October 20, 2023
October 31, 2024
January 29, 2025
October 31, 2025
Amounts
$285
$18.4
$3.7
$30,000,000
$24,000,000
$6,000,000
$3,000,000
$21,000,000
$3,700,000
$1.2
Obligations
(ii) Following delivery of the objection notice, the parties shall engage in good-faith negotiations for a period of 30 calendar days in an effort to resolve the dispute
The independent accountant shall determine the disputed items in accordance with the Acquired Business EBITDA Methodology set forth in Exhibit C to the APA
(iv) The determination of the independent accountant shall be final and binding on the parties, absent manifest error
This means that for any covered claim, Nexford must first recover up to $750,000 from the escrow (or directly from the Seller) before the R&W Policy responds
To claim this exemption, Nexford is required to file Form ST-108E (Exemption Certificate for Sales of a Going Concern) with the Indiana Department of Revenue