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AIzaSyAYiBZKx7MnpbEhh9jyipgxe19OcubqV5w
April 1, 2024
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Atualizado 11 nov 2022
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Created by
Zach
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$80MM ABL Credit Agreement Signed
GS & North Castle Fund $30.0MM to B/S
EBITDA Violation - 36% PtP
1st Forbearance - lasts 2 weeks
2nd Fobearance - Cut LOC to $55.0MM
Overadvance; GS/NC Fund due to no LOC draws
3rd Forbearance - Cut LOC to $40.0MM
4th Forbearance - Begin Advancing with threat of BK
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