Common use of Supplemental Debt Clause in Contracts

Supplemental Debt. (a) The Borrower may incur senior secured, subordinate or unsecured Indebtedness (which, if secured on a pari passu basis, shall constitute Senior Debt) or enter into agreements with Persons who commit to provide additional Indebtedness (“Supplemental Debt”), so long as and provided that the Borrower certifies that such Supplemental Debt meets all of the conditions set forth in any one of sub-clause (i) (Permitted Relevering Debt) (such Supplemental Debt, “Permitted Relevering Debt”), sub-clause (ii) (Permitted Completion Senior Debt) (such Supplemental Debt, “Permitted Completion Senior Debt”), sub-clause (iii) (PDE Senior Debt) (such Supplemental Debt, “PDE Senior Debt”) or sub-clause (iv) (Restoration Debt) (such Supplemental Debt, “Restoration Debt”) below (with the incurrence of such Senior Debt under one such clause not being preclusive of the later permitted incurrence of such Senior Debt under the same or other such clauses assuming compliance with sub-clauses (i) through (iv), as applicable);