Maximum Permitted Senior Note Amount
Maximum Permitted Senior Note Amount. Means $300,000,000; provided that in connection with the issuance of the 2011 Permitted Senior Notes the Maximum Permitted Senior Note Amount shall automatically increase (up to but not exceeding $600,000,000) by an amount equal to (i) the stated aggregate principal amount of the 2011 Permitted Senior Notes issued minus (ii) the aggregate principal amount of any Permitted Senior Notes redeemed, retired or purchased with the proceeds from the sale or issuance of the 2011 Permitted Senior Notes.
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BRIGHAM EXPLORATION CO contract