Replies to post #17768 on Koil Energy Solutions Inc. (KLNG)

[darwindows]

Deathtotaxes

As I said in my origianl posting, I am was unsure of my original reading of the agreement since it was not provided in full. Where did you come across the part of the agreement that states:

"(a) The outstanding principal of the Loan will be repaid (i) by Borrower making quarterly installments of $75,000 commencing on September 30, 2008 and on the last Business Day of each quarter thereafter, and (ii) by Borrower making a final payment of the amount of the Loans outstanding on the Final Maturity Date, in each case as set forth on Schedule 2.03 to the Agent for the account of each Lender. The Borrower hereby authorizes the Agent to, and the Agent may, from time to time, debit the Debt Service Reserve Account with the amount of any payment due hereunder."

Is this part of a filing that we can access, or are u assuming this to be the case?

[darwindows]

I found it Deathtotaxes! Thanks!