Second Lien Agent Payments definition
Second Lien Agent Payments means (i) except during the occurrence and continuance of a Second Lien Agent Payment Trigger Event, any payments of the fees, costs, expenses, and other amounts payable to the Second Lien Agent (for its own account) under the terms of the Second Lien Documents as in effect on the date hereof; and (ii) during the occurrence and continuance of a Second Lien Agent Payment Trigger Event, payments of the fees, costs, expenses, and other amounts payable to the Second Lien Agent (for its own account) under the terms of the Second Lien Documents as in effect on the date hereof, not to exceed $350,000 for the first year following such Second Lien Agent Payment Trigger Event and $250,000 for each year thereafter; provided, that if the actual amount of such fees, costs, expenses, and other amounts is less than the applicable cap for any given year, such unused amounts may be carried forward and used in subsequent years.