Secured Notes Subscription

Secured Notes Subscription. Means subscription by the Exchanging Holders, each acting in their own capacity, who are "qualified institutional buyers" (as defined in Rule 144A under the Securities Act), in cash for $350 million in aggregate principal amount of the Secured Notes.

Secured Notes Subscription. Means subscription by the Exchanging Holders, each acting in their own capacity, who are "qualified institutional buyers" (as defined in Rule 144A under the Securities Act), in cash for $225 million in aggregate principal amount of newly-issued first lien secured notes and $100 million in aggregate principal amount of newly issued second lien notes.