Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / rsa-joinder-form.docx
rsa-joinder-form.docx
Parties
Crestline Packaging Solutions LLC
CPS Holdings Inc
Thornfield Capital Partners LP
Harkness LLP
Saunders LLP
Locke LLP
Dates
July 8, 2022
October 13, 2017
July 31, 2022
Amounts
$175,000,000
$40,000,000
$60,000,000
Obligations
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the RSA
Based upon the nature of the Claims identified on Schedule 1, the Joining Party shall be deemed a "Consenting First Lien Lender" (to the extent such Claims constitute First Lien Claims arising under the First Lien Credit Agreement) and/or a "Consenting Second Lien Noteholder" (to the extent such Claims constitute Second Lien Claims arising under the Second Lien Notes Indenture), as applicable, for all purposes under the RSA, and shall have all of the rights, benefits, privileges, and obligations attendant to such status as set forth in the RSA
Compliance with, and support for, the Milestone Schedule set forth in Exhibit B to the RSA, which provides for the following key milestones: (i) Petition Date: The Debtors shall commence voluntary cases under chapter 11 of the Bankruptcy Code in the Bankruptcy Court no later than July 31, 2022; (ii) Disclosure Statement Approval: The Bankruptcy Court shall have entered an order approving the Disclosure Statement within forty-five (45) calendar days after the Petition Date; (iii) Plan Confirmation: The Bankruptcy Court shall have entered the Confirmation Order confirming the Plan within ninety (90) calendar days after the Petition Date; and (iv) Effective Date: The Effective Date of the Plan shall occur within fifteen (15) business days after entry of the Confirmation Order; and (d) Other Obligations
Without limiting the generality of the foregoing, the Joining Party agrees that any sale, transfer, assignment, pledge, hypothecation, participation, or other disposition (each, a "Transfer") of all or any portion of the Claims listed on Schedule 1 (or any interest therein) shall only be made in strict compliance with the transfer provisions set forth in the RSA
Any purported Transfer of Claims that does not comply with the foregoing requirements shall be deemed void ab initio and of no force or effect
Upon the effective termination of this Joinder, the Joining Party shall be automatically and simultaneously released from all of its obligations hereunder and under the RSA, and this Joinder shall be of no further force or effect; provided, however, that (a) any obligations or provisions of the RSA that are expressly stated to survive the termination thereof shall continue in full force and effect in accordance with their terms notwithstanding such termination, and (b) no such termination shall relieve the Joining Party from liability for any breach of this Joinder or the RSA occurring prior to such termination