EXCLUDED TERM LOAN DEBT

EXCLUDED TERM LOAN DEBT. At any time, (i) the aggregate outstanding principal amount of indebtedness under the Term Loan Documents in excess of the result of $24,600,000 MINUS all repayments and prepayments of the principal thereof as of such date and (ii) any prepayment or early termination fee set forth in the Term Loan Agreement; PROVIDED THAT, Excluded Term Loan Debt shall not include (a) any interest, costs, fees, expenses, or indemnities incurred by or owed to the Term Loan Agent or the Term Loan... Lenders pursuant to the Loan Documents and (b) any amounts not to exceed $2,500,000 in the aggregate at any time advanced by the Term Loan Agent, in its reasonable business judgment in the performance of its duties under the Term Loan Agreement, which the Term Loan Agent determines to be reasonably necessary to (1) preserve or protect the Term Loan Primary Collateral, or any portion thereof, or (2) enhance the likelihood of, or to maximize the amount of, repayment of the Term Loan Debt. View More