The Guaranteed Notes Sample Clauses

The Guaranteed Notes. The Guaranteed Notes shall initially be issued in the aggregate principal amount of Ninety Million Dollars ($90,000,000). The aggregate principal amount of the Guaranteed Notes that may be issued from time to time may be increased solely in connection with the incurrence of PIK Interest and the issuance of PIK Notes. The aggregate amount of the Guaranteed Notes (including any PIK Notes) shall, subject to the provisions for repurchase, optional redemption and acceleration contained herein, mature and be payable in full on the Maturity Date. The Guaranteed Notes constitute direct unsecured, senior obligations of the Company and the Guarantee constitutes a direct unsecured, senior obligation of the Guarantor. The Guaranteed Notes shall be executed on behalf of the Company by a Responsible Officer.