$PSV $80MILLION doesn't even touch what senior debt holders are owed....BANKRUPT E. Debtor Hermitage Offshore Services Ltd., as borrower, and the Lenders are party to a senior secured term loan facility, dated January 14, 2020 (as amended, supplemented or otherwise modified from time to time, the “Hermitage Facility Agreement”). Pursuant to the Hermitage Facility Agreement, the Lenders have extended loans to the Debtors in the aggregate principal amount of $132,905,132.00 (the “Senior Loans”). As of the date hereof, the Lenders have allowed, secured claims against the Debtors’ estates on account of the Senior Loans in an amount equal to $132,905,132.00, plus accrued and unpaid interest and accrued and unpaid fees and expenses, as well as further interest, expenses, and fees that continue to accrue through the Closing (the “Lender Secured Claim”). The Lender Secured Claim was deemed allowed pursuant to the Bidding Procedures Order (as defined herein).
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