Warning Notice

Warning Notice. Means a written notice by the Subordinated Creditor or any Holder indicating its or their intention to accelerate all or any portion of the Subordinated Debt or exercise any of their remedies with respect to all or any portion of the Subordinated Debt, delivered to the Senior Creditor at least one Business Day (as defined in the Senior Note) prior to such proposed date of acceleration or exercise of remedies, provided that that none of the following shall be deemed a Warning Notice: (i) notice... by any Noteholder (as defined in the Indenture) to the Company requesting delivery of share certificates pursuant to the third paragraph of Section 15.2 of the Indenture and, (ii) any action taken by the Subordinated Creditor pursuant solely to clause (b) of the proviso of Section 4(a) of the Subordination Agreement and any notice in respect thereof (iii) any action taken by the Subordinated Creditor solely for the specific performance by the Company of its obligation to issue shares of common stock in accordance with the Indenture and any notice in respect thereof and (iv) a Notice of Default (as defined in the Indenture) delivered to the Company pursuant to and solely for the purpose set forth in clauses (d), (f), (i) and (j) of Section 7.1 of the Indenture. View More