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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 3 of 13 <br /> (Hallauer Decl. at¶5). <br /> 4. On July 22, 2020 (the "Petition Date"), the Debtors filed voluntary petitions for <br /> relief under chapter 11 of title 11 of the United States Code (the`Bankruptcy Code")in this Court. <br /> Pursuant to sections 1107(a) and 1108 of the Bankruptcy Code, the Debtors are operating their <br /> businesses and managing their affairs as debtors-in-possession. <br /> 5. Though the Debtors have continued to use the Wintrust Equipment since the <br /> Petition Date, Wintrust has not received a rent payment under the Lease Agreement since July 1, <br /> 2020. (Id. at¶¶ 10, 12). <br /> 6. As of the date of this Objection, Rhino Energy LLC owed Wintrust the following <br /> amounts under the Lease Agreement: <br /> August Rent Payment $100,142.78 <br /> Late Charge $ 5,007.14 <br /> Legal fees and expenses (including estimate <br /> through assumption) $ 26,675.50 <br /> Total Monetary Cure Amount $ 131,825.42 <br /> (Id. at¶ 10). <br /> 7. Based on its discussions with Rhino Energy LLC, Wintrust does not anticipate that <br /> Rhino Energy LLC will timely pay the September 1, 2020 rent payment due under the Lease <br /> Agreement. (Id. at¶ 11). <br /> 8. During an onsite inspection of the Wintrust Equipment on July 28, 2020, Wintrust <br /> determined that significant maintenance deficiencies exist with respect to the equipment <br /> (collectively, the"Maintenance Deficiencies")that constitute defaults under the Lease Agreement. <br /> (Id. at ¶¶ 12, 15). The estimated cost to remedy the Maintenance Deficiencies is in excess of <br /> 3 <br />