Subordinated Indebtedness

Subordinated Indebtedness. The words "Subordinated Indebtedness" mean the indebtedness described in the section of this Agreement titled "Subordinated Indebtedness".

Subordinated Indebtedness. With respect to the Company or a guarantor, any indebtedness of the Company or such guarantor (whether outstanding on the Issuance Date or thereafter incurred) that is expressly subordinated in right of payment (including without limitation, all cash interest and principal payments with respect thereto) to the Company's obligations under this Note.