FR EA

Extract to table

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

Extract to table / rw-insurance-coverage-memo.docx
rw-insurance-coverage-memo.docx · 1001-00003

Parties

Harkness LLP
Team Ardent Capital Management LLC
Alder Risk Partners LLC
Caldwell Strand LLP
Ardent Capital Management LLC
Ardent Healthcare Acquisition Corp
Ardent Capital Partners III LP
Creighton LLP

Dates

April 8, 2024
April 2, 2024
June 20, 2024
April 10, 2024
March 4, 2024
June 30, 2025
December 30, 2025
June 30, 2024
June 30, 2027
October 12, 2023

Amounts

$620,000,000
$62,000,000
$6,200,000
$3,100,000
$2,800,000
$5,100,000
$412,000,000
$74,160,000
$45,000,000
$31,000,000

Obligations

However, the policy contains important exclusions and coverage gaps that must be addressed through the APA's direct indemnification provisions and other protective mechanisms
For matters excluded from the R&W policy, the Buyer must rely on the APA's direct indemnification provisions, the escrow, and (where applicable) the Seller's specific indemnity obligations
This carve-out ensures that the Buyer can recover under the R&W policy for punitive or multiplied damages that it is required to pay to a third party (e
The Buyer is required to cooperate with Sentinel in the investigation and defense of any claim under the policy
The policy provides that Sentinel's consent to settlement shall not be unreasonably withheld, delayed, or conditioned