Common use of Limitations on Secured Debt Clause in Contracts

Limitations on Secured Debt. To the extent the Holdco repurchases, amortises or otherwise repays the Senior Notes so that the aggregate Nominal Amount of Senior Notes held by other Senior Noteholders other than Group Companies, falls below seventy-five (75) per cent. of the aggregate Nominal Amount of Senior Notes outstanding on the Restructuring Completion Date, the debt outstanding under the Super Senior RCF Agreement and/or Super Senior Notes debt shall, if requested by the Super Senior RCF Agent and/or the Super Senior Agent, as applicable, be repaid and cancelled pro rata with such repurchase, amortisation or other repayment.