Senior Secured Debt. Permit the sum of (i) the aggregate outstanding amount of the Debt of Borrower and the Guarantors under this Agreement, the Notes, and/or the other Loan Documents, plus (ii) the aggregate outstanding amount of Debt of Borrower under the Insurance Company Loan Documents, to at any one time exceed One Hundred Ten Million ($110,000,000) Dollars.
Senior Secured Debt. Toronto Dominion (Texas), Inc. - Administrative Agent and Lender GE Capital Corp. - Lender Total Senior Secured Debt: $140,000,000 Senior Unsecured Notes: ---------------------- IPCS, Inc. will place Senior Unsecured Notes with Xxxxxxxxx, Lufkin & Xxxxxxxx Securities Corporation and TD Securities USA, Inc. on July 12, 2000, pursuant to Rule 144A, raising proceeds in the amount of $152,331,000. The proceeds will be immediately contributed or loaned to Manager.
Senior Secured Debt. Subject to (vi)(C), $350 million of the Existing Syndicate Debt will be restructured as senior secured debt (the "Senior Secured Debt"), in two tranches. One tranche will be $250 million of senior secured term debt (the "Senior Secured Term Debt") and the other tranche will be $100 million of secured convertible payment in kind debt ("Secured PIK Debt"). PSC shall have the right to prepay the Senior Secured Term Debt at any time provided that at the time of such prepayment PSC also pays all accrued and unpaid interest, fees and other amounts payable with respect to the amount prepaid, and any call premium payable under (iv) (C) below.
Senior Secured Debt. The Obligations constitute “senior debt”, “senior indebtedness”, “guarantor senior debt”, “senior secured financing” and “designated senior indebtedness” (or any comparable term) under the documentation for all Indebtedness that is subordinated in right of payment to the Obligations or secured by a junior ranking Lien to the Lien securing the Obligations, as applicable.
Senior Secured Debt. In relation to any Person at any time, the aggregate amount of Senior Debt that in each case is then secured, or intended to be secured, by Liens on property or assets of the Borrower or its Subsidiaries.” “Senior Secured Leverage Ratio. See § 8.3.”
Senior Secured Debt. No Obligor shall (and the Company shall ensure that no member of the Group will):
Senior Secured Debt. The obligations of LPL, LPL III and LPL IV (the “Senior Debt”) under
Senior Secured Debt. (a) The Company shall obtain all requisite consents or waivers under the Senior Secured Debt to allow for the transactions contemplated by this Agreement and the Note (including, specifically, such consents or waivers that will permit all payments and distributions payable with respect to the Shares and the Bond, notwithstanding any restrictive covenants in the documents for the Senior Secured Debt), subject to the terms of the Subordination Agreement. In the event of any refinancing, refunding, extension, renewal or replacement of the Senior Secured Debt permitted pursuant to Subsection 7.4, any such refinancing, refunding, extension, renewal or replacement facility will not otherwise limit or prohibit the Company from complying with any of the terms or conditions of this Agreement or the Note.
Senior Secured Debt. The Company is indebted to Xxxxxxx Business Credit Corporation ("Xxxxxxx Credit") in the amount of $819,203.83 (the "Senior Secured Debt") and upon the payment of such amount directly from the gross proceeds of the First Closing all of the outstanding obligations of the Company to Xxxxxxx Credit shall be paid in full.
Senior Secured Debt the total Indebtedness of the Borrower and the Subsidiaries that is secured by a Lien on that property or assets of the Borrower or the Subsidiaries: $[ ]
