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Re: JenningsB post# 111

Thursday, 02/16/2017 1:23:17 AM

Thursday, February 16, 2017 1:23:17 AM

Post# of 398
As expected, deferred to Feb. 28.

"The Amendment further defers Bacterin’s accrued interest payment date for the fiscal quarter ended until February 28, 2017. The interest due on February 28, 2017 will be $1,107,244.19, plus interest accrued on such interest from January 2, 2017 until paid at a rate equal to 14% plus the higher of the LIBO Rate (as defined in the Facility) for the fiscal quarter ended on December 31, 2016, or 1%."
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