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Dynasil Corporation of America Fails to Meet Financial Covenants in Loan … – DailyFinance



Dynasil Corporation of America Fails to Meet Financial Covenants in Loan ...
DailyFinance
These financial covenant defaults give the lenders the right to accelerate the maturity of the indebtedness outstanding and foreclose on any security interest. Furthermore, Sovereign Bank, N.A., the Company's senior lender, may, at its option, impose a ...

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