Senior Liabilities

Senior Liabilities. Means all Liabilities to the Senior Lender from time to time outstanding pursuant to or in connection with the Senior Loan Documents (including, without limitation, all principal, interest, fees, reimbursement obligations with respect to letters of credit, indemnities, costs and expenses) up to an aggregate amount not to exceed the sum of (a) up to $20,000,000 of revolving loans and letters of credit at any time outstanding pursuant to the Senior Credit Agreement; PLUS (b) up to $7,000,000 of... term loans made pursuant to the Senior Credit Agreement; PLUS (c) all interest arising under or with respect to the Senior Loan Documents, including, in the event of an Insolvency or Liquidation Proceeding, any and all post-petition interest and costs from and after the date of filing of a petition by or against any Debtor or its bankruptcy estate, whether or not such amounts are allowed as a claim against any Debtor in any Insolvency or Liquidation Proceeding; PLUS (d) all Liabilities arising under or out of any other product or service offered by Senior Lender to Miller; PLUS (e) all reasonable costs and expenses incurred by the Senior Lender in connection with its enforcement of any rights or remedies under the Senior Loan Documents and under this Agreement, the collection of any of the Senior Liabilities, or the protection of, or realization upon, any collateral therefor after the occurrence and during the continuance of an Event of Default under the Senior Loan Documents, including, by way of example, reasonable attorneys' fees, court costs, appraisal and consulting fees, auctioneers' fees, rent, storage, insurance premiums and like items, and whether or not such amounts are allowed as a claim against any Debtor in any Insolvency or Liquidation Proceeding; PLUS (f) all fees, charges, and indemnities owing by any Debtor to the Senior Lender under or in connection with the Senior Loan Documents. View More

Senior Liabilities. (i) all indebtedness, obligations and liabilities of PXP arising under or pursuant to the Bank Credit Agreement including the principal of and interest on all loans made to PXP pursuant thereto and all other obligations of PXP to the financial institutions from time to time party to the Bank Credit Agreement and/or to any agent or arranger thereunder and (ii) any other indebtedness of PXP which is not by its terms subordinated in right of ... payment to any other indebtedness of PXP and which 2 has been designated as "Senior Debt" for purposes of this Agreement by an instrument in writing signed by PXP and PLIC and being in the form of Exhibit A annexed hereto or in such other form as PXP and PLIC may from time to time agree (a "Designation"). View More

Senior Liabilities. Are hereinafter called, together with any other Liabilities hereafter arising to the Agent or the Senior Banks from the Company, the "Senior Liabilities"

Senior Liabilities. All Liabilities and other obligations of the Borrower to the Senior Lender under, or arising as a result of, the Senior Debt Documents.

Senior Liabilities. All liabilities except the Obligations and the Excluded Liabilities