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Re: MasterBlastr post# 6066

Friday, 07/15/2016 8:12:41 PM

Friday, July 15, 2016 8:12:41 PM

Post# of 8527
This is exactly what it says

"No later than July 15, 2016, the Borrower shall have filed the Plan of Reorganization in form and substance reasonably satisfactory to the Agent and the Required Lenders (it being understood and agreed that such Plan of Reorganization shall either repay all outstanding obligations under the DIP Credit Facility in cash on the effective date or provide alternative treatment satisfactory to the Agent and the Lenders in their sole and absolute discretion) and Disclosure Statement in form and substance satisfactory to Agent and the Required Lenders"

please note the words "reasonably satisfactory" which essentially really means just a rough draft or another words get it started, that's all

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