Insider Subordinated Indebtedness. Cause any Insider Indebtedness owing by any Loan Party to become Insider Subordinated Indebtedness # on or prior to the Closing Date, in respect of any such Insider Indebtedness in existence as of the Closing Date or # contemporaneously with the incurrence thereof, in respect of any such Insider Indebtedness incurred at any time after the Closing Date; provided that no Insider Indebtedness shall in any event and under any circumstances be secured by any assets of any Group Member.
. Cause any Insider Indebtedness owing by any Loan Party to become Insider Subordinated Indebtedness # on or prior to the Restatement Date, in respect of any such Insider Indebtedness in existence as of the Restatement Date or # contemporaneously with the incurrence thereof, in respect of any such Insider Indebtedness incurred at any time after the Restatement Date; provided that no Insider Indebtedness shall in any event and under any circumstances be secured by any assets of any Group Member.
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