Definition of Temporary Indebtedness


Temporary Indebtedness means Subordinated Indebtedness the Company intends to repay (whether by open market purchase or pursuant to a tender offer) using cash proceeds received by the Company from the issuance of other Subordinated Indebtedness permitted by Section 7.03(h); provided that, such applicable Subordinated Indebtedness shall only qualify as "Temporary Indebtedness" for so long as such cash proceeds qualify as "Temporary Excess Cash".