Permitted Additional Indebtedness. The incurrence by the Borrower of Indebtedness (in addition to Indebtedness permitted by any other clause of Section 4.09 of 1993 Senior Note Indenture as in effect on August 13, 1993) in an aggregate principal amount at any time outstanding not to exceed the sum of (a) $35 million plus (b) up to $40 million of permanent reductions in commitments for Senior Revolving Debt (other than pursuant to the mandatory repayment provisions thereof) made since August 13, 1993. Each capitalized term used in the foregoing sentence shall have the meaning assigned in the 1993 Senior Note Indenture as in effect on August 13, 1993.
Appears in 2 contracts
Sources: Term Loan Agreement (Specialty Foods Corp), Term Loan Agreement (Specialty Foods Acquisition Corp)