Permitted Specified Indebtedness

Permitted Specified Indebtedness. Means one or more issues of Indebtedness in the form of notes or a bank loan facility resulting in aggregate net proceeds to the Company not to exceed $130,000,000, after any amounts paid in respect of any underwriting discounts and commissions, fees, expenses and other costs payable by the Company and associated with such issuance of such notes or creation of such bank loan facility, as the case may be, incurred after the Closing ... 2 Date and so specified as Permitted Specified Indebtedness by the Company at the time of incurrence pursuant to an officers' certificate delivered to the Trustee under the Indenture; which Indebtedness (i) shall be equal in priority of payment or subordinate in right of payment with the Notes, (ii) shall not be secured by any collateral other than the Collateral and/or any prefunded interest advanced in connection with such Indebtedness, (iii) shall be an obligation of the Company only and not any Subsidiary of the Company and (iv) shall share in the Collateral in the manner specified in the Security Documents. View More