Conditional collateral release under revolver
Company: TeraWulf
The claim, verbatim
The amendment provides for release of collateral from the agent's security interest upon the occurrence of certain conditions set forth in the amendment.
Source (primary)
TeraWulf Inc. Enters into Amendment No. 1 to Revolving Credit Agreement to Increase Senior Secured Revolving Credit Facility Commitments to Approximately $400 Million - www.marketscreener.com (-, news_article)
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Quote: “The Amendment also provides for the release of collateral from the security interest of the Agent upon the occurrence of certain conditions as set forth in the Amendment.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms TeraWulf Inc. Enters into Amendment No. 1 to Revolving Credit Agreement to Increase Senior Secured Revolving Credit Facility Commitments to Approximately $400 Million - www.marketscreener.com
Quote: “The Amendment also provides for the release of collateral from the security interest of the Agent upon the occurrence of certain conditions as set forth in the Amendment.”