Total Indebtedness. Permit the aggregate amount of Indebtedness of the Obligors to exceed $67,000,000 outstanding at any time (excluding notes issued in lieu of payment of cash interest with respect to the New Notes and PIK Notes issued with respect to the Notes).
Appears in 2 contracts
Sources: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)
Total Indebtedness. Permit the aggregate amount of Indebtedness of the Obligors to exceed $67,000,000 outstanding at any time (excluding PIK Notes issued after the Closing in respect of the Notes and notes issued in lieu of payment of cash interest with respect to the New Existing Senior Secured Notes and PIK Notes issued with respect to the Subordinated Notes).
Appears in 2 contracts
Sources: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)