Senior Loan Obligations

Senior Loan Obligations. Means: (a) the Supplemental Senior Loan Obligations; and (b) all of the obligations, liabilities, and indebtedness (including without limitation, interest, premiums, fees, costs, or expenses, and other amounts owing thereunder not consisting of principal, whether or not those amounts have been converted into principal as a result of making Advances under the Senior Loan Documents in order to pay such amounts, and all premiums, interest, fees, costs, or expenses which would accrue and become due... but for the commencement of an Insolvency Proceeding, whether or not such premiums, interest, fees, costs, or expenses are allowed or are allowable in whole or in part in any such Insolvency Proceeding) of Obligors under any of the Senior Loan Documents in an aggregate amount not to exceed $100,000,000 ($140,000,000 after the date of the commencement by any Obligor of an Insolvency Proceeding) (minus the amount of any reductions in the Senior Maximum Revolver Amount), plus all amounts in excess of the foregoing maximum amount to the extent such excess amounts consist of interest, premiums, fees, costs, or expenses, and other amounts owing thereunder not consisting of principal, whether or not those amounts have been converted into principal as a result of making Advances under the Senior Loan Documents in order to pay such amounts, to the extent such amounts accrue or become due and payable from and after the time at which the obligations, liabilities, and indebtedness of Obligors under any of the Senior Loan Documents equal or exceed the foregoing maximum amount. View More