Senior Debt

Senior Debt. Shall mean all obligations, liabilities and indebtedness of every nature of the Company from time to time owed to Agent or any Senior Lender under the Senior Loan Documents, including, without limitation, the principal amount of all debts, claims and indebtedness, accrued and unpaid interest and all fees, costs and expenses, whether primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and from time to time hereafter owing, due or payable, whether before or after the... filing of a Proceeding under the Bankruptcy Code together with (a) any amendments, modifications, renewals or extensions thereof to the extent not prohibited by the terms of this Agreement and (b) any interest accruing thereon after the commencement of a Proceeding, without regard to whether or not such interest is an allowed claim. Senior Debt shall be considered to be outstanding whenever any loan commitment under the Senior Loan Document is outstanding View More

Senior Debt. All principal, interest, fees, costs, enforcement expenses (including legal fees and disbursements), collateral protection expenses and other reimbursement or indemnity obligations created or evidenced by the Securities Purchase Agreement, the Senior Notes or any of the other Transaction Documents or any prior, concurrent, or subsequent notes, instruments or agreements of indebtedness, liabilities or obligations of any type or form whatsoever relating thereto in favor of the Collateral Agent or... any of the Senior Creditors (including without limitation, the Collateral Agent's and the Senior Creditors' respective successors, assigns and participants). Without limiting any term contained in the immediately preceding sentence, Senior Debt shall expressly include any and all interest accruing or out of pocket costs or expenses incurred after the date of any filing by or against any Credit Party of any petition under any Bankruptcy Law regardless of whether the Collateral Agent's or any Senior Creditor's claim therefor is allowed or allowable in the case or proceeding relating thereto. View More

Senior Debt. Shall mean (i) all obligations, liabilities and indebtedness of every kind, nature and description owing by Borrowers and Guarantors to any Senior Creditor and/or its affiliates, or participants, including principal, interest, charges, fees, premiums, indemnities and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under the Senior Creditor Agreements or otherwise, whether now existing or hereafter arising, whether arising before,... during or after the initial or any renewal term of the Senior Creditor Agreements or after the commencement of any case with respect to any Borrower or Guarantor under the U.S. Bankruptcy Code or any similar statute (and including, without limitation, any principal, interest, fees, costs, expenses and other amounts, whether or not such amounts are allowable either in whole or in part, in any such case or similar proceeding), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and whether arising directly or howsoever acquired by any Senior Creditor and (ii) all other present and future Obligations (as such term is defined in the Senior Credit Agreement). View More

Senior Debt. Collectively, all indebtedness due and owing by Borrower pursuant to (i) a line of credit provided by Textron Financial Group in the amount of $30,000,000, and (ii) all other indebtedness of Borrower to any national or state chartered banking association or other institutional lender that is approved by Lender in writing to be Senior Debt for purposes of this definition.

Senior Debt. All amounts outstanding under (i) the Credit Agreement, dated May 23, 2006, by and among Petroleum Engineers, Inc. and Tradestar Construction Services, Inc., as debtors, and Wells Fargo, as lender, including all amendments thereto, and all related loan documents, including but not limited to that certain Amended and Restated Revolving Note payable to Wells Fargo in the original principal amount of US $7,000,000 and that certain Structural Overdraft Note payable to Wells Fargo in the original... principal amount of $1,500,000; (ii) any obligations or indebtedness arising under or related to credit agreements, promissory notes or other loan documents pursuant to which Wells Fargo, any successor lender, or any of their affiliates, loan additional funds or otherwise extend credit to Maker or any of its affiliates following the date hereof; and (iii) any extensions, renewals, modifications or replacements of any of the foregoing obligations and indebtedness View More

Senior Debt. Shall mean and include all obligations, liabilities and indebtedness of every kind, nature and description owing by the Borrower or any other Loan Party to the Lenders, including, without limitation, all principal, interest (including, without limitation, interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed... in such proceeding), and costs of collection, and all other charges, fees, premiums, indemnities and expenses, now existing or hereafter created or incurred, and all extensions, renewals, rearrangements, modifications and refinancings thereof, however arising, regardless of whether such obligations, liabilities and indebtedness are direct or indirect,' absolute or contingent, liquidated or unliquidated, due or to become due, primary or secondary, whether acquired by assignment or otherwise, whether evidenced by written instrument or not, and whether the Borrower is liable individually, severally or jointly with others, including without limitation all Obligations View More

Senior Debt. The (i) principal of, premium, if any, and interest on the Senior Note or pursuant to the Senior Loan Agreement (whether payable under the Senior Note, the Senior Loan Agreement, or the Senior Guaranty or any other Senior Loan Document), (ii) prepayment fees, exit fee, yield maintenance charges, breakage costs, late charges, default interest, agent's fees, costs of collection, protective advances, advances to cure defaults, and indemnities, (iii) any other amount or obligations (including any... fee or expense) due or payable with respect to the Senior Loan or any of the Senior Loan Documents (including interest and any other of the foregoing amounts accruing after the commencement of any Insolvency Proceeding, and any other interest that would have accrued but for the commencement of such Insolvency Proceeding, whether or not any such interest is allowed as an enforceable claim in such Insolvency Proceeding and regardless of the value of the Collateral at the time of such accrual), whether outstanding on the date of this Agreement or hereafter incurred, whether as a secured claim, undersecured claim, unsecured claim, deficiency claim or otherwise, and all renewals, modifications, amendments, supplements, consolidations, restatements, extensions, refinances, and refundings of any thereof. View More

Senior Debt. All debt and obligations incurred by the Borrower and its Subsidiaries under than certain $250,000,000 Credit Agreement dated December 21, 2009, among DMLP, Ltd., Talon Exploration, Ltd., TransAtlantic Turkey, Ltd., and Petroleum Exploration Mediterranean International Pty. Ltd., as borrowers, and Incremental Petroleum (Selmo) Pty. Ltd., TA-Worldwide, TransAtlantic Petroleum (USA) Corp., and the Borrower, as guarantors, Standard Bank PLC, as LC Issuer, Administrative Agent, Collateral Agent,... and Technical Agent, and the lenders party thereto (as amended, restated, increased, extended or replaced from time to time) View More

Senior Debt. Shall mean the "Obligations," as such term is defined in each Credit Agreement, including, without limitation, the principal amount of all debts, claims and indebtedness, accrued and unpaid interest and all fees, costs and expenses, whether primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and from time to time hereafter owing, due or payable, whether before or after the filing of a Proceeding, together with (a) any amendments, modifications, refinancings,... replacements, renewals or extensions thereof and (b) any interest accruing thereon after the commencement of a Proceeding, without regard to whether or not such interest is an allowed claim; provided, however, that in no event shall the aggregate outstanding principal amount of the Senior Debt exceed $10,000,000, reduced by the aggregate amount of all principal payments made thereon (whether scheduled or unscheduled, optional or mandatory or otherwise made) at any time and from time to time under the $4,000,000 term loan facility under the US Loan Agreement. Senior Debt shall be considered to be outstanding whenever any loan commitment under any Senior Debt Document is outstanding. View More

Senior Debt. The Note in favor of Shaar (the "Senior Lender"), including all principal, interest (including any interest accruing after commencement of a bankruptcy or similar proceeding) thereon, and any modification, extension, removal, refunding or refinancing of the foregoing, and all fees, expenses and other amounts payable under or in respect of the Note and this Agreement.