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Case 1:20-bk-12043 Doc 303 Filed 08/28/20 Entered 08/28/20 11:03:45 Desc Main <br /> Document Page 2 of 13 <br /> Costs (the "Notice of Cure Costs") (Dkt. No. 236) of the above-captioned debtors and debtors in <br /> possession (collectively, "Debtors"). In support of its Objection, Wintrust states as follows: <br /> BACKGROUND <br /> 1. Rhino Energy LLC and Wintrust are parties to a Master Lease Agreement made as <br /> of May 17, 2018 (together with all schedules,riders and addenda thereto,the"Lease Agreement") <br /> under which Wintrust agreed to lease certain mining equipment (collectively, the "Wintrust <br /> Equipment") to Rhino Energy LLC described as follows: <br /> 2012 Caterpillar Haul Truck Model 777G, Serial No. RDR00114; <br /> 2012 Caterpillar Haul Truck Model 777G, Serial No. RDR00115; <br /> 2012 Caterpillar Haul Truck Model 777G, Serial No. RDR00138; <br /> 2012 Caterpillar Haul Truck Model 777G, Serial No. RDR00139; and <br /> 2006 Caterpillar Crawler Dozer Model D11R, Serial No. 7PZ01485. <br /> 2. Rhino Resource Partners LP unconditionally guarantees payment and performance <br /> of Rhino Energy LLC's obligations under the Lease Agreement pursuant to a Master Lease <br /> Guaranty dated as of May 17, 2018 given by Rhino Resource Partners LP in favor of Wintrust(the <br /> "Guaranty"). Copies of the Lease Agreement and the Guaranty (collectively, the "Lease <br /> Documents") are attached as Exhibits A-1 and A-2 to the Declaration of Paul Hallauer in Support <br /> of Objection of Wintrust Commercial Finance to Sale Motion[Dkt. No. 26] and Equipment Lease <br /> Cure Amount[Dkt. No. 236] (the "Hallauer Decl.") submitted herewith as Exhibit 1. <br /> 3. Pursuant to the Lease Agreement,Wintrust agreed to lease the Wintrust Equipment <br /> to Rhino Energy LLC for a term of 36 months and Rhino Energy LLC agreed to make monthly <br /> rent payments to Wintrust commencing on June 1, 2018 and continuing on the first day of each <br /> month thereafter during the term of the lease as follows: <br /> 1 rent payment @ $400,571.12 <br /> 32 rent payments @ $100,142.78 <br /> 3 rent payments @ $0.00 <br /> 2 <br />