The amount of the sum of Closing Indebtedness and Additional Long Term Liabilities (but in any case excluding any Prepayment Liabilities with respect to the Payoff Indebtedness) shall not exceed Three Hundred Twenty-Five Million Dollars ($325,000,000).
Parent Liabilities shall have the meaning set forth in Section 2.3(b).
Current Liabilities are all obligations and liabilities of Borrower to Bank, plus, without duplication, the aggregate amount of Borrower’s Total Liabilities that mature within one (1) year.
Prepayment Asset Sale means any Disposition by the Borrower or its Restricted Subsidiaries made pursuant to Section 6.07(h).
Identified Contingent Liabilities means the maximum estimated amount of liabilities reasonably likely to result from pending litigation, asserted claims and assessments, guaranties, uninsured risks and other contingent liabilities of the Borrower and its Subsidiaries taken as a whole after giving effect to the Transactions (including all fees and expenses related thereto but exclusive of such contingent liabilities to the extent reflected in Stated Liabilities), as identified and explained in terms of their nature and estimated magnitude by responsible officers of the Borrower.
non-current liabilities means all liabilities other than current liabilities