Yes, this is standard legalese. Most documents, including the latest 8-K was littered with doom & gloom language accounting for every possible scenario that could derail the loan.
If they need additional equity or debt financing, they will use Forward Investments (i.e. Douglas Shooker). And it's still uncertain that they would need to resort to additional equity or debt financing; as indicated, it will depend on results of operations.
The positive thing is that toxic term loans were being paid off from 2015 to 2016 and the only reason why pps dropped so much during that time.
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