Hey I have a quick question that I may need in the future. Can I terminate leases if I have a negative cash amount? For example, Can I terminate the lease costing 40 Mil with -10 mil in cash thus going down to -50mil?
Thanks.
Short answer, nope.
Long answer?
So you are saying that if I tried it would deny the termination telling me I was short on funds?
Quote from: Jake43 on December 09, 2009, 01:49:28 AM
So you are saying that if I tried it would deny the termination telling me I was short on funds?
That is correct. Once your in the hole. Its pretty much over.
Talentz