Permitted Series A1 Repurchase Transaction

Permitted Series A1 Repurchase Transaction. Shall mean the repurchase of Series A-1 Preferred Stock of the Borrower pursuant to either the Series A-1 Call Right (as described in Section 2.1 of the Put-Call Agreement) or the Series A-1 Put Right (as described in Section 1.1 of the Put-Call Agreement), and with any of such transactions complying with and satisfying all the terms and conditions set forth the Put-Call Agreement relating thereto.