If the AAPL debt gets canceled they will also probably have to pay everyone's legal costs, won't they? GTAT's consulting fees too, I think.
Now they already have mentioned three buyers for the furnaces, we've been told they are bought by the 100's, @ $700K each very conservatively there would be a near term sale of $210 million.
They won't even need DIP financing then, IMO and creditors would be confident of getting paid as they sell additional furnaces.
I also think that there's a very good chance that AAPL would buy them all and ship them to China.
In other words - I think cash flow could ramp up quick enough that things wouldn't take that long.