Indebtedness and Obligations Secured Sample Clauses

Indebtedness and Obligations Secured. This Agreement and the Collateral secure repayment of the indebtedness and the obligations of the Pledgor indicated below (collectively, the "Obligations"), equally and ratably as to all such indebtedness and obligations and without preference or priority as to any class of such indebtedness or obligations or any component thereof: (a) the indebtedness evidenced by the Loan Agreement and the Notes (and any promissory note of the Pledgor issued in exchange for, or replacement of, or substitution for, any of the Notes, which shall be included in the term "Notes" as used herein), with interest and premiums thereon as therein provided; (b) all other amounts payable by the Pledgor under the Loan Agreement and the Notes, including without limitation, all fees, costs, expenses and indemnities payable by the Pledgor thereunder; (c) all indebtedness of the Pledgor arising under this Agreement and all costs and expenses of the Pledgee in enforcing this Agreement, the Loan Agreement and the Notes; and (d) all renewals and extensions, in whole or in part, of the Notes or of any other indebtedness or obligation described above.
View SourceView Similar (8)
Indebtedness and Obligations Secured. This Mortgage secures the ARPA SLFRF Funds advanced under the Loan Agreement, and secures the performance Obligations of the Borrower under the Declaration of Affordability Requirements, this Mortgage and Security Agreement, and all other instruments now or hereafter evidencing the Obligations of Borrower. The total principal amount of the Crimson Flats West Loan secured by this Mortgage is four million, six hundred eighteen thousand, five hundred and 00/100 dollars ($4,618,500.00). In addition, this Mortgage shall secure unpaid balances of advances made by Lender with respect to the Project, for the payment of Impositions, (as hereinafter defined in Section 7, hereto), insurance premiums and costs incurred for the protection of the Project or the demised lease premises and any charges, expenses, and fees, including, without limitation, attorneys’ fees, which, by the terms hereof, shall be added to and increase the Obligations. This Mortgage shall remain in full force and effect with respect to the Mortgaged Property until either the Obligations of the Loan Agreement are performed in full or the Crimson Flats West Loan is fully repaid. If the Obligations are performed in accordance with the terms of the Loan Agreement, the Declaration of Affordability Requirements, and other applicable Loan Documents, including, without limitation, the observance of all the agreements contained in this Mortgage, this Mortgage shall be released by the Lender.
View SourceView Similar (2)
Indebtedness and Obligations Secured. Mortgagor is granting this Mortgage to secure payment of the Indebtedness and performance of all Mortgagor's Obligations under the Note Purchase Agreement, the Note, this Mortgage and all of the other Note Purchase Documents.
View SourceView Similar (2)
Indebtedness and Obligations Secured. This Assignment is given as security for the performance and observance of the covenants and agreements herein contained and any other agreement executed by Assignor to Assignee in connection with the indebtedness secured hereby and to secure the payment when due of the principal of and interest on all present and future indebtedness and obligations of Assignor, individually or with others, in accordance with the terms and conditions of such indebtedness and obligations, whether direct or indirect, absolute of contingent and whether evidenced by promissory notes, agreements, checks, drafts, letters of credit, bills, overdrafts, open accounts or otherwise, including but not limited to the indebtedness evidenced by a certain promissory note executed by Assignor of even date and concurrently with this Assignment and payable to the order of Assignee in the principal sum of Four Million Seven Hundred Forty-Five Thousand Dollars ($4,745,000.00) or any notes in renewal thereof (such promissory note, and/or any promissory note which is a direct or remote renewal, extension, modification, amendment, restatement, or replacement of such promissory note, as may be from time to time modified or amended is hereinafter referred to as the "Note"), with interest thereon at the rate and payable in a manner described in the Note, and including any and all extensions, renewals, increases, modifications, amendments, restatements and replacements of any of the foregoing. In addition to any other indebtedness and obligations secured by this Assignment, this Assignment secures any and all future advances, together with any interest thereon, which are made by Assignee to or for the benefit of Assignor.
View Source
Indebtedness and Obligations Secured. This Pledge Agreement is given as security for (a) the payment when due of the Note and (b) all extensions, renewals, modifications or amendments of the Note (the indebtedness, obligations, agreements, commitments and liabilities secured hereby are hereinafter referred to collectively as the “Indebtedness”).
View Source
Indebtedness and Obligations Secured. This Agreement and the Collateral secure (i) payment of all amounts payable and performance of all of the covenants and obligations of Debtor under the Sublease, (ii) performance of all covenants and obligations of the Debtor arising pursuant to the provisions of this Agreement, and (iii) all reasonable costs and expenses of the Secured Party in enforcing this Agreement and selling or otherwise disposing of any Collateral (collectively, the “Obligations”).
View Source
Indebtedness and Obligations Secured. The pledge, security interest and assignment of rights contained herein is granted to secure the payment and performance of the following (collectively, the “Secured Obligations”): (a) any and all indebtedness of the Buyer and Pledgor to Secured Party evidenced by the Note (the “Indebtedness”); (b) all costs and expenses reasonably incurred by Secured Party to obtain, preserve and perfect and enforce the security interests granted hereby and all other liens and security interests securing payment of the Indebtedness, to collect the Indebtedness and to maintain, preserve and collect the Collateral, as applicable, including, but not limited to, taxes, assessments, insurance premiums, reasonable attorneys’ fees and legal expenses, advertising costs, brokerage fees and expenses of sale; and (c) all renewals, extensions and modifications of the Indebtedness.
View Source
Indebtedness and Obligations Secured. This Agreement and the Collateral secure performance of the Mandatory Repayment Obligation with respect to the shares of Series B Preferred Stock held by Pledgee only.
View Source

Related to Indebtedness and Obligations Secured

  • Debt and Obligations Secured All property and Liens assigned, pledged or otherwise granted under or in connection with this Agreement (including, without limitation, those under Section 3.2 (Grant of Liens)) or any of the Financing Documents shall secure (a) the payment of all of the Obligations, and (b) the performance, compliance with and observance by the Borrower of the provisions of this Agreement and all of the other Financing Documents or otherwise under the Obligations.

  • Obligations Secured The obligations secured hereby are any and all obligations of the Company now existing or hereinafter incurred to the Secured Party, whether oral or written and whether arising before, on or after the date hereof including, without limitation, those obligations of the Company to the Secured Party under this Agreement, the Transaction Documents, and any other amounts now or hereafter owed to the Secured Party by the Company thereunder or hereunder (collectively, the "Obligations").

  • DESCRIPTION OF EXISTING INDEBTEDNESS AND OBLIGATIONS Among other indebtedness and obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to a loan arrangement dated as of June 11, 2003, evidenced by, among other documents, a certain Loan and Security Agreement dated as of June 11, 2003 between Borrower and Bank, as amended from time to time (as amended, the "Loan Agreement"). Capitalized terms used but not otherwise defined herein shall have the same meaning as in the Loan Agreement.

  • Indebtedness Secured The Security Interest granted hereby secures payment and performance of any and all obligations, indebtedness and liability of Debtor to RBC (including interest thereon) present or future, direct or indirect, absolute or contingent, matured or not, extended or renewed, wheresoever and howsoever incurred and any ultimate unpaid balance thereof and whether the same is from time to time reduced and thereafter increased or entirely extinguished and thereafter incurred again and whether Debtor be bound alone or with another or others and whether as principal or surety (hereinafter collectively called the “Indebtedness”). If the Security Interest in the Collateral is not sufficient, in the event of default, to satisfy all Indebtedness of the Debtor, the Debtor acknowledges and agrees that Debtor shall continue to be liable for any Indebtedness remaining outstanding and RBC shall be entitled to pursue full payment thereof.

  • ▇▇▇▇▇ OBLIGATIONS A ▇▇▇▇▇▇▇'s acceptance of funds directly under the Grant or indirectly through a subaward acts as acceptance of the authority of the State, under the direction of the legislative audit committee, to conduct an audit or investigation in connection with those funds. In accordance with the legislative audit committee, DFPS can request any documentation, at any time, to be sent to DFPS to a location DFPS chooses. Examples of documentation that DFPS may request include, but are not limited to: 1. Participant files in their entirety. This includes, but is not limited to: a. Progress notes. b. Action plans. c. Registration forms. d. Surveys. e. Sign-in sheets. f. Monthly tracking forms.