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If, however, Ascent is expected to hold cash equal to or in excess of $20 million but less than
the target cash amount as of the date of completion of the reorganization of Monitronics under the plan, the stockholders of Ascent will receive a proportionately lower percentage of shares of Monitronics common stock, and certain participants in the equity rights offering have agreed to contribute the shortfall. If Ascent is expected to hold less than $20 million in cash as of the date of completion of the reorganization of Monitronics under the plan, the merger will not be consummated, and certain participants in the equity rights offering have agreed to contribute the full target cash amount. Under the terms of the support agreement, Ascent must obtain approval for the merger from its stockholders within 65 days following the date on which Monitronics commences the chapter 11 cases. If the merger is not approved within 65 days following the petition date or the merger is not completed on the effective date of the plan for any reason, the merger will not occur, and the restructuring of Monitronics will be completed without the participation of Ascent. If the restructuring of Monitronics occurs
without the participation of Ascent, Ascent’s equity interests in Monitronics will be cancelled without Ascent recovering any property or value on account of such equity interests. Reasons Why Wireless Home Security Is the Best Way to Protect Your Home!As a homeowner and consumer, protecting your home should be your first priority. This is the place where you spend most of your time with loved ones and you have stored most of your assets. With the rising cases of burglary, having a good security system has become a necessity for all homes. This is because it will help you protect your family and your assets. Here are reasons why you should consider a wireless security system. Wire freeTraditional security units are plugged into walls and connected to your telephone line.