Extract to table

03 of the Senior Credit Agreement must each be carefully navigated

The pledge of the RedBet IP as mezzanine collateral must be confirmed as falling within this basket

Any indebtedness incurrence test under the Senior Credit Agreement must account for this ongoing PIK accretion to ensure that the Company does not inadvertently breach an indebtedness cap at a future measurement date

C&H must confirm that the Senior Credit Agreement contains such a carve-out and that the Mezzanine Notes, once the consent under Section 7

09 — Financial Covenants (Existing Senior Facility) The Senior Credit Agreement contains financial maintenance covenants that RGC must satisfy on an ongoing basis, typically measured at the end of each fiscal quarter based on trailing twelve-month financial data

With respect to the existing Senior Credit Facility leverage covenant, we must confirm the specific maximum leverage ratio threshold set forth in Section 7