Letter of IntentNew York • May 5th, 2020
Jurisdiction FiledMay 5th, 2020We are pleased to confirm our mutual agreement in principle to (i) an investment (the “Equity Investment”) by the United States Department of The Treasury (“UST”) in a Delaware limited partnership (the “Partnership”) to be formed by [Sponsor] or an Affiliate (as defined in the Equity Term Sheet referred to below) thereof (“Sponsor”) on the terms and conditions set forth herein and in the term sheet attached hereto as Annex I (the “Equity Term Sheet”) and (ii) a senior secured credit facility to be provided by UST to the Partnership (the “Debt Investment” and, together with the Equity Investment, the “Transaction”) on the terms and conditions set forth herein and in the term sheet attached hereto as Annex II (the “Debt Term Sheet” and, together with the Equity Term Sheet, the “Term Sheets”).
Letter of IntentNew York • July 7th, 2009
Jurisdiction FiledJuly 7th, 2009We are pleased to confirm our mutual agreement in principle to (i) an investment (the “Equity Investment”) by the United States Department of The Treasury (“UST”) in a Delaware limited partnership (the “Partnership”) to be formed by [Sponsor] or an Affiliate (as defined in the Equity Term Sheet referred to below) thereof (“Sponsor”) on the terms and conditions set forth herein and in the term sheet attached hereto as Annex I (the “Equity Term Sheet”) and (ii) a senior secured credit facility to be provided by UST to the Partnership (the “Debt Investment” and, together with the Equity Investment, the “Transaction”) on the terms and conditions set forth herein and in the term sheet attached hereto as Annex II (the “Debt Term Sheet” and, together with the Equity Term Sheet, the “Term Sheets”).