Examples of GCG Opco in a sentence
On June 22, 2020, MHI filed a Proof of Claim asserting an unsecured, nonpriority claim against GCG Opco in the amount of $33,592,942.55 (the “Claim”).
In addition, as of its Petition Date, Debtor GCG Opco owned one half of the equity interests in 4274 Colby, LLC (“Colby”).
Prior to the Order for Relief Date, in connection with the Debtors’ acquisition of the Paris Property, in addition to the cash purchase price for the Paris Property, GCG Opco agreed to reimburse the sellers of the Paris Property and certain related parties for certain tax obligations they may have incurred as a result of the transaction.
To this end, GCG Opco caused CFSB to issue an irrevocable letter of credit, dated March 22, 2019 (the “LOC”), in the amount of $1 million for the benefit of Southerland’s Greenhouses, Inc., William O.
On March 4, 2020, Debtor GCG Opco filed certain amendments to its Statement of Financial Affairs.
As of the Order for Relief Date, GCG Opco allegedly was indebted to Central Bank & Trust Co. (“Central Bank”) under that certain Commercial Note, dated as of December 28, 2018 (the “Winchester Commercial Note”), in the aggregate amount of approximately $244,322.07.
As of the Order for Relief Date, GCG Opco allegedly was indebted to CFSB under the Paducah Promissory Note for principal and prepetition interest totaling approximate $915,914.12, plus additional interest, fees and charges.
GCG Opco, as Borrower, and Community Financial Services Bank (“CFSB”), as Lender, entered into that certain promissory note, dated October 18, 2018, identified by CFSB as Loan No. 300495399, in the original principal amount of $937,500.00 (as amended from time to time, the “Paducah Promissory Note”).
Debtor Hemp KY, a wholly-owned subsidiary of GCG Opco, is organized as a Kentucky limited liability company.
As of the Order for Relief Date, GCG Opco allegedly was indebted to Kentucky Bank under that certain Promissory Note, dated April 5, 2019, (the “Paris Promissory Note”), for principal of approximately $1,798,988.29, plus interest, fees and charges.