Discharge of the Junior Subordinated Obligations

Example Definitions of "Discharge of the Junior Subordinated Obligations"
Discharge of the Junior Subordinated Obligations. The payment in full of the Junior Subordinated Obligations (other than unasserted contingent indemnification obligations as to which no claim is known or determinable), either by exchanging all such Junior Subordinated Obligations into Qualified Equity Interests of the Borrower or by payment in full of such Junior Subordinated Obligations in cash solely with the proceeds of an issuance of Qualified Equity Interests of the Borrower
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