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Tuesday, June 30, 2020 3:23:42 PM
Paid in full means that their whole claim must be paid off.
There is a difference between both of these terms. Now, this being said, what was the original percentage that the creditors had agreed? If I recall it was lower than what they have now been distributed.
So, I can't figure out why the court just keeps on giving them a higher percentage than what the original POR was offering. Plus , why are the CT's interest payments being halted for more than the 20 quarters that were mentioned in the prospectus? Isn't this a breach of the covenant?
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