Definition of Specified Contingent Obligations


Specified Contingent Obligations means the obligations listed on Schedule X, together with all other obligations of a similar nature binding on any Obligor and all obligations of a similar nature that replace or supplement a Specified Contingent Obligation in connection with a transaction that results in a net reduction of Specified Contingent Obligations, from time to time outstanding. The amount of any Specified Contingent Obligation shall be the maximum amount that the Obligors upon which such Specified Contingent Obligation is binding could be required to pay thereunder.