Second Indenture Subordinated Obligations

Second Indenture Subordinated Obligations. Means all of the obligations, liabilities, and indebtedness of the Borrower under the Second Indenture Subordinated Documents, irrespective of whether on account of principal, premium, interest, fees, costs, or expenses and including any premium, interest, fees, costs, or expenses that, but for the provisions of the Bankruptcy Code, would have accrued.