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Re: kthomp19 post# 562634

Saturday, 09/21/2019 9:10:11 AM

Saturday, September 21, 2019 9:10:11 AM

Post# of 867027

"Paydown (payoff, really) of liquidation preference is only one possible remedy. One that isn't actually permitted by the terms of the original SPSPAs, actually."



This is false. Please post the SPSPA terms.

As per original SPSPA, SPS liquidation value changes based on draws and repayments.

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