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6. Ascent Capital Group Inc. reported that the company is confident, based on the support agreement reached with its largest creditors, that it will be able to meet its financial commitments and otherwise continue to operate its business as usual throughout the restructuring period, including paying its employees, dealers and suppliers in the normal course of business and providing home security to all of its customers. 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.home security system houston
This feature is not standard on many home security systems, but is common enough that it can be obtained for a fee. Or, click on over to see our recommendations for the best medical alert systems. Home automation is a relatively new concept and as such it is not offered by many home security companies yet but is becoming more popular. This service allows users to access and control the lighting, thermostat and, in some cases, small appliances of the home through remote access. Some homeowners utilize this feature to shut down heating and cooling when no one is home and log on to start it an hour or so before heading back to the home so they arrive to a comfortable home. Other home owners use this feature to turn on lighting in the home before they leave their office so they do not have to enter an unlit home.