Senior Secured Debt. Permit the sum of (i) the aggregate outstanding amount of the Debt of Borrower and the Guarantors under this Agreement, the Notes, and/or the other Loan Documents, plus (ii) the aggregate outstanding amount of Debt of Borrower under the Insurance Company Loan Documents, to at any one time exceed One Hundred Ten Million ($110,000,000) Dollars.
Senior Secured Debt. Toronto Dominion (Texas), Inc. - Administrative Agent and Lender GE Capital Corp. - Lender Total Senior Secured Debt: $140,000,000 Senior Unsecured Notes: ---------------------- IPCS, Inc. will place Senior Unsecured Notes with Xxxxxxxxx, Lufkin & Xxxxxxxx Securities Corporation and TD Securities USA, Inc. on July 12, 2000, pursuant to Rule 144A, raising proceeds in the amount of $152,331,000. The proceeds will be immediately contributed or loaned to Manager.
Senior Secured Debt. The Obligations constitute “senior debt”, “senior indebtedness”, “guarantor senior debt”, “senior secured financing” and “designated senior indebtedness” (or any comparable term) under the documentation for all Indebtedness that is subordinated in right of payment to the Obligations or secured by a junior ranking Lien to the Lien securing the Obligations, as applicable.
Senior Secured Debt. Subject to (vi)(C), $350 million of the Existing Syndicate Debt will be restructured as senior secured debt (the "Senior Secured Debt"), in two tranches. One tranche will be $250 million of senior secured term debt (the "Senior Secured Term Debt") and the other tranche will be $100 million of secured convertible payment in kind debt ("Secured PIK Debt"). PSC shall have the right to prepay the Senior Secured Term Debt at any time provided that at the time of such prepayment PSC also pays all accrued and unpaid interest, fees and other amounts payable with respect to the amount prepaid, and any call premium payable under (iv)(C) below.
(I) BORROWERS: PSC as to the Secured PIK Debt and Philxx Xxxvices (Delaware) Inc. (the "US Borrower") as to the Senior Secured Term Debt.
Senior Secured Debt. The obligations of LPL, LPL III and LPL IV (the “Senior Debt”) under
Senior Secured Debt. In relation to any Person at any time, the aggregate amount of Senior Debt that in each case is then secured, or intended to be secured, by Liens on property or assets of the Borrower or its Subsidiaries.” “Senior Secured Leverage Ratio. See § 8.3.”
Senior Secured Debt. Borrower shall not enter into any debt facility that has a lien or security interest against any of the Collateral that is senior or pari pasu to the Lenders.
Senior Secured Debt. The following definitions are hereby added to Section 1.1 of the Existing Credit Agreement in the appropriate alphabetical order and shall read as follows:
Senior Secured Debt the total Indebtedness of the Borrower and the Subsidiaries that is secured by a Lien on that property or assets of the Borrower or the Subsidiaries: $[ ]
Senior Secured Debt. No Obligor shall (and the Company shall ensure that no member of the Group will):
(a) amend, vary, novate, supplement, supersede, waive or terminate any term of any Senior Secured Debt so as to bring forward the maturity of such Senior Secured Debt to a date prior to the date falling three months after the Termination Date; or
(b) other than the 2022 BAML Facility (which shall not mature prior to the Termination Date), issue or incur any Senior Secured Debt which matures prior to the date falling three months after the Termination Date.
