7RGG5LFK9$%DU1R

0F0LFKDHO7D\ORU*UD\//&

(QJLQHHULQJ'U6XLWH

3HDFKWUHH&RUQHUV*$

WULFK#PWJODZFRP

,17+(81,7('67$7(6%$1.5837&<&2857

($67(51',675,&72)9,5*,1,$

5LFKPRQG'LYLVLRQ

,15(  &+$37(5 

%(77,(*+23.,16  

  &$6(12 .5+

 '(%725   

  -8'*( .(9,15+8(11(.(16

86%$1.1$7,21$/$662&,$7,21

127,1,76,1',9,'8$/&$3$&,7<%87

62/(/<$6/(*$/7,7/(75867(()25

5073758676(5,(6%.0779

 

 029$17  

9   

%(77,(*+23.,16

  '(%725

3$0(/$'+23.,16

&2'(%725

 

   

&$5/0%$7(6

32%R[

5LFKPRQG9$

 

 75867((  

  

 5(6321'(176  

&216(1725'(502',)<,1*$8720$7,&67$<

$1'5(62/9,1*127,&(2)'()$8/7

7KLV PDWWHULV EHIRUHWKH FRXUW RQWKH 1RWLFH RI 'HIDXOW ILOHG E\ 86%$1. 1$7,21$/

$662&,$7,21 127 ,1 ,76 ,1',9,'8$/ &$3$&,7< %87 62/(/< $6 /(*$/ 7,7/(

75867(()255073758676(5,(6%.077930RYDQW ́RQ2FWREHUIRU

UHOLHIIURPWKHDXWRPDWLFVWD\ZLWKUHVSHFWWRWKHUHDOSURSHUW\ORFDWHGDW6HPLQDU\$YHQXH

5LFKPRQG9$3URSHUW\DQGLVPRUHSDUWLFXODUO\GHVFULEHGDVIROORZV

Case 18-36025-KRH Doc 127 Filed 06/13/23 Entered 06/13/23 10:16:16 Desc Main

Document Page 1 of 5
  

8SRQFRQVLGHUDWLRQRIZKLFKLWLV

25'(5('

 7KHGHEWRUZLOOUHVXPHPDNLQJUHJXODUPRQWKO\LQVWDOOPHQWSD\PHQWVLQWKHDPRXQW

RIDVWKH\EHFRPHGXHFRPPHQFLQJRQ0D\

 7KHGHEWRUZLOOFXUHWKHSRVWSHWLWLRQDUUHDUDJHFXUUHQWO\GXHWRWKH0RYDQWLQWKHWRWDO

DPRXQWRIZKLFKLQFOXGHVWKHUHJXODUFRQWUDFWSD\PHQWVIURP$XJXVWWKURXJK

0DUFKRIHDFKWKH$SULOSD\PHQWRIDWWRUQH\V¶IHHVRI

DQGFUHGLW IRU IXQGVLQVXVSHQVHRIE\ ILOLQJDQ$PHQGHG0RGLILHG&KDSWHU3ODQ WKH

3$PHQGHG3ODQ ́ZLWKLQWZHQW\RQHGD\VRIWKHHQWU\RIWKLV2UGHU7KH0RYDQWLVKHUHE\

DXWKRUL]HGWR ILOHDQ$PHQGHG RU6XSSOHPHQWDO 3URRI RI&ODLPWR SURYLGH IRUWKH SRVWSHWLWLRQ

GHIDXOWDQGVKDOOILOHWKHFODLPZLWKLQVL[W\GD\VRIWKHHQWU\RIWKLV2UGHU

 ,Q WKH ILUVW SDUDJUDSK RI WKH $PHQGHG 3ODQ LQ WKH VSDFH SURYLGHG WKHUHIRUH WKH

$PHQGHG3ODQVKDOOFOHDUO\VHWIRUWKWKDWWKHSODQLVEHLQJDPHQGHGWRLQFOXGHSD\PHQWRISRVW

SHWLWLRQ PRUWJDJH DUUHDUDJHV DQG WKDW JHQHUDO XQVHFXUHG FUHGLWRUV PD\ EH DIIHFWHG E\ WKH

PRGLILFDWLRQ&RQVHQWE\WKH7UXVWHHWRWKHSURSRVHGWHUPVRIWKLV2UGHUGRHVQRWFRQVWLWXWHFRQVHQW

WRWKHWHUPVDQ\IXWXUHDPHQGHGSODQLQFOXGLQJWKHRQHFRQWHPSODWHGKHUHLQLQFOXGLQJEXWQRW

OLPLWHGWRWHUPVWKDWSURSRVHWRVKRUWHQWKHGXUDWLRQRIWKHSODQOHVVHQWKHDPRXQWRIWKHSODQ

SD\PHQWVRUGHFUHDVHWKHSODQEDVHRIWKHH[LVWLQJSODQ

 ,QWKHHYHQWWKDWDQ\SD\PHQWUHTXLUHGE\WKLVRUGHULVQRWUHFHLYHGE\WKHPRYDQWZLWKLQ

GD\VDIWHULWLVGXHRULIWKH$PHQGHG3ODQLVQRWWLPHO\ILOHGWKHPRYDQWPD\PDLODQRWLFHRI

GHIDXOWWRWKH GHEWRU E\ ILUVWFODVVPDLO SRVWDJH SUHSDLG DQGLILW GHVLUHVDOVR E\FHUWLILHG RU

UHJLVWHUHGPDLOZLWKDFRS\WRGHEWRU¶VFRXQVHODQGWKHWUXVWHHE\ILUVWFODVVPDLOSRVWDJHSUHSDLG

Case 18-36025-KRH Doc 127 Filed 06/13/23 Entered 06/13/23 10:16:16 Desc Main

Document Page 2 of 5
  

RUE\HPDLODWWKHVDPHWLPHDVWKHQRWLFHRIGHIDXOWLVPDLOHGWRWKHGHEWRU7KHQRWLFHRIGHIDXOW

ZLOOVWDWHLQVLPSOHDQGSODLQODQJXDJH

D 7KDWWKHGHEWRULVLQGHIDXOWLQPDNLQJDWOHDVWRQHSD\PHQWRUILOLQJWKH

$PHQGHG3ODQUHTXLUHGXQGHUWKLVRUGHU

E 7KHGDWHVDQGDPRXQWRIHDFKSD\PHQWPLVVHGDQGDQ\ODWHFKDQJHRURWKHU

IHHVQHFHVVDU\WRFXUHWKHGHIDXOW

F 7KHDFWLRQQHFHVVDU\WRFXUHWKHGHIDXOWLQFOXGLQJDQ\DGGUHVVWRZKLFK

SD\PHQWPXVWEHPDLOHG

G 7KDWWKHGHEWRURUWUXVWHHPXVWWDNHRQHRIWKHIROORZLQJDFWLRQVZLWKLQIRXUWHHQ

GD\VDIWHUWKHGDWHRIWKHPDLOLQJRIWKHQRWLFHRIGHIDXOW

L &XUHWKHGHIDXOW

LL )LOHDQREMHFWLRQZLWKWKHFRXUWVWDWLQJWKDWQRGHIDXOWH[LVWVRU

LLL )LOHDQREMHFWLRQZLWKWKHFRXUWVWDWLQJDQ\RWKHUUHDVRQZK\DQ

RUGHUJUDQWLQJUHOLHIIURPWKHDXWRPDWLFVWD\VKRXOGQRWEHHQWHUHG

H 7KDWLIWKHGHEWRURUWUXVWHHGRQRWWDNHRQHRIWKHDFWLRQVVHWIRUWKLQ

SDUDJUDSKGWKHPRYDQWPD\ILOHDFHUWLILFDWHWKDWLWKDVFRPSOLHGZLWKWKH

WHUPVRIWKLVRUGHUDQGWKDWWKHFRXUWPD\JUDQWUHOLHIIURPWKHDXWRPDWLFVWD\

ZLWKRXWIXUWKHUQRWLFHWRWKHGHEWRUDQG

I 7KDWLIWKHDXWRPDWLFVWD\LVWHUPLQDWHGWKHFROODWHUDOPD\EHVROGDW

IRUHFORVXUH

,IWKHGHEWRURUWUXVWHHGRQRWWDNHRQHRIWKHDFWLRQVVHWIRUWKLQSDUDJUDSKGWKH

PRYDQWPD\VXEPLWDFHUWLILFDWHVWDWLQJWKDWLWKDVFRPSOLHGZLWKWKHWHUPVRIWKHRUGHUDQGWKDW

QHLWKHUWKHGHEWRUQRUWKHWUXVWHHKDYHWDNHQRQHRIWKHDFWLRQVVHWIRUWKLQSDUDJUDSKGDQGPD\

VXEPLWWRJHWKHUZLWKWKHFHUWLILFDWHDGUDIWRUGHUWHUPLQDWLQJWKHDXWRPDWLFVWD\

,IWKHGHEWRURUWUXVWHHILOHDQREMHFWLRQWKHPRYDQWPXVWVHWWKHPDWWHUIRUKHDULQJDQG

JLYHQRWLFHRIWKHKHDULQJWRWKHGHEWRUGHEWRU¶VFRXQVHODQGWKHWUXVWHH$WWKHKHDULQJWKHFRXUW

PD\WHUPLQDWHWKHVWD\RUWDNHRWKHUDFWLRQDSSURSULDWHWRWKHFLUFXPVWDQFHV

 7KHSURYLVLRQVRIWKLVRUGHUZLWKUHVSHFWWRUHJXODUPRQWKO\SD\PHQWVDQGFXUHSD\PHQWV

H[SLUHWZHOYHPRQWKVDIWHUWKHGDWHRIWKHHQWU\RIWKLVRUGHU,QWKHHYHQWRIWKHGHIDXOWLQ

SD\PHQWVRIDQ\UHJXODUPRQWKO\SD\PHQWGXHPRUHWKDQWZHOYHPRQWKVDIWHUWKHHQWU\RIWKLV

RUGHUWKHPRYDQWPXVWREWDLQUHOLHIE\ILOLQJDQHZPRWLRQIRUUHOLHIIURPVWD\ZLWKDSSURSULDWH

QRWLFHDQGKHDULQJ

 8QWLODQRUGHULVHQWHUHGWHUPLQDWLQJWKHDXWRPDWLFVWD\WKHPRYDQWPD\QRWUHIXVHWR

DFFHSWRUDSSO\SD\PHQWVWHQGHUHGE\WKHGHEWRUHYHQLIVXFKSD\PHQWVDUHODWHRULQDQLPSURSHU

DPRXQW KRZHYHU DFFHSWDQFH RI QRQFRQIRUPLQJ SD\PHQWV LV ZLWKRXW SUHMXGLFH DQG VKDOO QRW

Case 18-36025-KRH Doc 127 Filed 06/13/23 Entered 06/13/23 10:16:16 Desc Main

Document Page 3 of 5
  

FRQVWLWXWHDZDLYHURIDQ\GHIDXOW

 7KHDXWRPDWLFVWD\LVPRGLILHGWRSHUPLWWKHQRWHKROGHURUVHUYLFLQJDJHQWWRVHQGWKH

GHEWRU SD\PHQW FRXSRQV SD\PHQW VWDWHPHQWV RU LQYRLFHV QRWLFHV RI ODWH SD\PHQW QRWLFHV RI

SD\PHQW FKDQJHV QRWLFHV RI VHUYLFLQJ WUDQVIHUV RU DQ\ RWKHU QRWLFHV RWKHU WKDQ D QRWLFH RI

DFFHOHUDWLRQRUGHPDQGIRUSD\PHQWRIWKHHQWLUHEDODQFHQRUPDOO\VHQWWRFXVWRPHUVLQWKHRUGLQDU\

FRXUVHRIEXVLQHVV

 6KRXOG WKH GHEWRU GHIDXOW SXUVXDQW WR WKH WHUPV FRQWDLQHG KHUHLQ XQOHVV RWKHUZLVH

RUGHUHGE\WKLVFRXUWWKHPRYDQWVKDOOEHHQWLWOHGWRUHDVRQDEOHDWWRUQH\
VIHHVLQWKHDPRXQWRI

IRULVVXDQFHRIDQRWLFHRIGHIDXOWDQGDQDGGLWLRQDOIRULVVXDQFHRIDFHUWLILFDWHRI

GHIDXOWDQGSUHSDUDWLRQRIDQRUGHUWHUPLQDWLQJWKHDXWRPDWLFVWD\

'21(DW5LFKPRQG9LUJLQLDWKLVGD\

BBBBBBBBBBBBBBBBBBBBBBBBBB

8QLWHG6WDWHV%DQNUXSWF\-XGJH

 (17(5('21'2&.(7

,$6.)257+,6

V7RGG5LFKBB

7RGG5LFK

9LUJLQLD%DU1R

(QJLQHHULQJ'U6XLWH

3HDFKWUHH&RUQHUV*$

   

WULFK#PWJODZFRP

$WWRUQH\IRU0RYDQW

6((1$1'$*5(('

V.HYHWWH%(OOLRWW

.HYHWWH%(OOLRWW

(OOLRWW/DZ2IILFH

3DUKDP3DUN

0D\ODQG'U6WH

5LFKPRQG9$

$WWRUQH\IRU'HEWRU

/s/ Kevin R Huennekens

Jun 9 2023

Jun 13 2023

Case 18-36025-KRH Doc 127 Filed 06/13/23 Entered 06/13/23 10:16:16 Desc Main

Document Page 4 of 5
  

6((1

V&DUO0%DWHV

&DUO0%DWHV

32%R[

5LFKPRQG9$

&KDSWHU7UXVWHH

&(57,),&$7,21

7KHXQGHUVLJQHGFHUWLILHVWKDWWKHIRUHJRLQJ2UGHULVVXEVWDQWLDOO\LQFRPSOLDQFHZLWKWKHIRUP

RUGHUUHTXLUHGE\$GPLQLVWUDWLYH2UGHU

V7RGG5LFK

$WWRUQH\IRU0RYDQW

&(57,),&$7,21

7KHXQGHUVLJQHGFHUWLILHVSXUVXDQWWR5XOHFWKDWDOOQHFHVVDU\SDUWLHVKDYH

HQGRUVHGWKHIRUHJRLQJ2UGHUDQGWKDWWKH2UGHULVUHDG\IRUHQWU\

V7RGG5LFK

$WWRUQH\IRU0RYDQW

:LOOWKHFOHUNSOHDVHVHQGFRSLHVRIWKLV2UGHULQHOHFWURQLFIRUPDWWRDOOSDUWLHVZKRDUHOLVWHGRQ

WKH(&)V\VWHPDQGWR

%HWWLH*+RSNLQV

6HPLQDU\$YHQXH

5LFKPRQG9$

3DPHOD'+RSNLQV

6HPLQDU\$YHQXH

5LFKPRQG9$

Case 18-36025-KRH Doc 127 Filed 06/13/23 Entered 06/13/23 10:16:16 Desc Main

Document Page 5 of 5