Replies to post #24418 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[Nightdaytrader]

"or filed motion seeking approval of bidding procedures/sale"

NOTE: above edited to make it fit on one line.. See highlighted text below.

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4 The ABL Business Plan Milestone states, “On or before July 15, 2020, the Debtors shall have either (i) delivered
evidence in form and substance acceptable to ABL Agent that no less than 66.7% of the DIP Lenders have
approved the Business Plan or (ii)(A) filed a motion seeking approval of bidding procedures and a sale, in each
case that is in form and substance acceptable to the ABL Agent, and (B) delivered and updated Approved DIP
Budget to ABL Agent in form and substance acceptable to ABL Agent, which Approved DIP Budget shall replace
the Approved DIP Budget then in effect and to the extent such Approved DIP Budget is amended or modified
pursuant to this subclause (b), such modifications must be in form and substance acceptable to ABL Agent.”