DIGEX OBLIGATION

DIGEX OBLIGATION. Means the Obligation (as defined below) to the extent of the greater of either (a) $90,000,000 less any amounts paid by any Subsidiary of Debtor under any Loan Document, or (b) the aggregate amount of all loans, advances, extensions of credit, or capital contributions from any Company to Debtor or any of Debtor's Subsidiaries on or after the date of this Security Agreement or any investments in Debtor or any of Debtor's Subsidiaries on or... after the date of this Security Agreement by any Company, less (x) any repayment of any such loan, advance, extension of credit, or investment by Debtor or any of Debtor's Subsidiaries, (y) the amount of all dividends and distributions received by any Company by Debtor or any of Debtor's Subsidiaries, and (z) any amounts paid by any Subsidiary of Debtor under any Loan Document. View More