Secured Senior Indebtedness

Example Definitions of "Secured Senior Indebtedness"
Secured Senior Indebtedness. Means Indebtedness senior in right of payment to the Note, which Indebtedness is limited to Indebtedness incurred pursuant to that certain Accounts Receivable Purchase Agreement dated July 7, 2000, or any extension or renewal thereof, with Silicon Valley Financial Services, which Indebtedness may not at any time exceed $1,000,000.
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