Permitted Refinancing Senior Debt Documents

Permitted Refinancing Senior Debt Documents. Any financing documentation which replaces the Transaction Documents and pursuant to which the Senior Debt under the Transaction Documents is refinanced, as such financing documentation may be amended, supplemented or otherwise modified from time to time in accordance with the terms of this Agreement

Permitted Refinancing Senior Debt Documents. Any financing documentation which replaces the Senior Loan Documents and pursuant to which the Senior Debt under the Senior Loan Documents is refinanced, as such financing documentation may be amended, supplemented or otherwise modified from time to time in compliance with this Agreement, but specifically excluding any such financing documentation that contains, either initially or by amendment or other modification, any terms, conditions, covenants or defaults other than those which (a) then... exist in the Senior Loan Documents or (b) could be included in the Senior Loan Documents by an amendment or other modification that would not be prohibited by the terms of this Agreement; provided that any such Permitted Refinancing Senior Debt Documents must (a) include a liquidity covenant that is no more favorable to the Company than that in clause (ii) of the first sentence of Section 7 of the Senior Credit Agreement), (b) include a maturity date definition that gives effect to the Maturity Acceleration Event, (c) include a definition of Maturity Acceleration Event that is substantively identical to that contained in the Senior Credit Agreement, (d) not provide that the final maturity date of the Senior Debt thereunder occurs at any time after the date of occurrence of the Maturity Acceleration Event unless in connection with such extension the Subordinated Debt is permitted to be repaid prior to the Senior Debt, and (e) not impose any limitations on payments of the Subordinated Debt that would otherwise be permitted pursuant to the terms of this Agreement. View More