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As part of the anticipated chapter 11 process, the company has secured a commitment for $245 million in debtor in possession DIP financing that will be replaced by $295 million in exit financing at the completion of the reorganization. The support agreement contemplates that all trade claims whether arising prior to or after the commencement of the voluntary chapter 11 cases will be paid in full in the ordinary course of business, and that the company will continue operating its business without disruption to its customers, vendors, partners or employees. Ascent will, subject to, among other things, the receipt of the requisite approval of Ascent’s stockholders, merge into Monitronics. As a result of the merger, all assets of Ascent, including an anticipated approximately $23 million in cash, will become assets of Monitronics. Ascent’s stockholders are expected to receive approximately up to 5. 82 percent of the total shares of Monitronics common stock expected to be issued and outstanding immediately following completion of the reorganization and merger, but subject to dilution by certain shares issued under a management incentive plan for the company, in exchange for all then issued and outstanding shares of Ascent common stock.

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That’s why adding security cameras during construction, or re positioning your current ones to monitor the work area, can be very helpful. Here are 7 reasons you should use surveillance cameras during construction. Finding safety issues Reviewing the surveillance footage from the construction area can help you identify safety weak points caused by the work. If there is a massive hole in the wall facing the street, that can be an enticing entryway for potential burglars. Ask workers to cover this hole up at the end of each day, and arm that area with extra motion sensor alarms and lights. Monitoring entryways While… Read moreOnline shopping makes buying holiday gifts so much more convenient. You don’t need to struggle through the mall crowds, stand in line to check out, or deal with pushy retail associates. Plus, when you online shop, you can easily check multiple sites to compare prices and find coupon codes. The one issue with this otherwise simple way to shop is this: rather than you personally bringing your purchases home, UPS, FedEx, or another delivery company does it for you. And the packages on your porch can pile up quickly around this time of year, which is a rather enticing sight for package thieves. Here are ways to use your home automated system to prevent package theft this holiday season.