Second Supplemental Loan Debt

Example Definitions of "Second Supplemental Loan Debt"
Second Supplemental Loan Debt. Shall mean the aggregate of the following, whether now or hereafter existing and however and whenever made or incurred, and whether direct or indirect, absolute or contingent, due or to become due, or secured or unsecured, which arise solely and directly under the Financing Agreements: (A) the principal amount of Second Supplement Loans, and (B) all accrued and unpaid interest, expenses, fees, indemnity amounts, reimbursement obligations, and other amounts owed by Borrowers to Lender in respect... of the Second Supplemental Loans, including without limitation (1) all interest thereon that would accrue and become due but for the commencement of such Insolvency Proceeding whether or not Lender is allowed to collect such interest from any Borrower, (2) all Enforcement Expenses incurred solely for the protection or realization with respect to the Liquidation of the Second Supplemental Loan Priority Collateral, whether or not Lender is authorized to collect such Enforcement Expenses under the U.S. Bankruptcy Code. View More Arrow
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