Common use of Senior Unsecured Debt Clause in Contracts

Senior Unsecured Debt. The Private Placement Debt and any other unsecured Indebtedness of Borrower with a principal amount in excess of $15 million that is not in any manner subordinated in right of payment or security in any respect to the Indebtedness of Borrower under this Credit Agreement.

Appears in 3 contracts

Samples: Revolving Credit Agreement (MCG Capital Corp), Revolving Credit Agreement (MCG Capital Corp), Revolving Credit Agreement (MCG Capital Corp)

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Senior Unsecured Debt. The Any Private Placement Debt and any other unsecured Indebtedness of Borrower with a principal amount in excess of $15 million that is not in any manner subordinated in right of payment or security in any respect to the Indebtedness of Borrower under this Credit Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (MCG Capital Corp)

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