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Re: nagoya1 post# 5665

Wednesday, 04/24/2013 3:16:06 PM

Wednesday, April 24, 2013 3:16:06 PM

Post# of 14330
Hmmm... that second one is interesting...

Sounds like we are trying to keep Hollister, doesn't it?

Definitely not a pro at reading legal stuff, but this sounds like they are trying to hang on to Hollister to me...

Schedule "A" To Amendment No. 2 (page 27)
Schedule 10
Milestones

h) On or prior to 31 May, 2013, the Borrower and GBGI shall have reached an agreement with the Facility Agent with respect to the treatment and voting of certain intercompany claims held by GBGL and GBGI against the Hollister Parties in any plan of reorganization filed by the Holister Parties, on terms and conditions satisfactory to the Facility Agent in its sole discretion; and

j) On or prior to 31 May, 2013, the Business Rescure Practitioner shall have published to creditors its business rescue plan in the Business Rescue Proceeding

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