Total Senior Debt. Permit the aggregate amount of Senior Debt of the Obligors to exceed $40,000,000 outstanding at any time (excluding PIK Notes issued after the Closing in respect of the Notes and notes issued in lieu of payment of cash interest with respect to the Existing Senior Secured Notes).
Appears in 2 contracts
Samples: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)
Total Senior Debt. Permit the aggregate amount of Senior Debt of the Obligors to exceed $40,000,000 outstanding at any time (excluding PIK Notes issued after the Closing in respect of the Notes and notes issued in lieu of payment of cash interest with respect to the Existing Senior Secured New Notes and PIK Notes issued with respect to the Notes).
Appears in 2 contracts
Samples: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)
