OBLIGATIONS DEFINED. This assignment, pledge and transfer is given to Lender by Assignor as collateral security for all of the following obligations (individually and collectively, the “Obligations”): all indebtedness, liabilities and obligations now or hereafter owing to Lender by Assignor of any kind and description pursuant to or evidenced by the Loan Agreement or any other instruments or documents executed in connection therewith, whether direct or indirect, absolute or contingent, joint or several, and howsoever evidenced, no matter how arising; all amounts advanced or incurred by Lender on account of Assignor under the terms of this Agreement or for the maintenance or preservation of the Collateral; any and all amendments, modifications, renewals or extensions of Obligations including those evidenced by new or additional agreements or instruments changing the rate of interest or adding or releasing any third party on the Obligations; and all costs of collection, including fees and expenses in connection with the protection or realization of the Collateral or the enforcement of this Agreement, the Loan Documents (as defined in the Loan Agreement), the instruments, other notes, or other agreements evidencing the Obligations, whether or not suit is filed.
Appears in 3 contracts
Sources: Revolving Loan and Security Agreement, Revolving Loan and Security Agreement (Amphastar Pharmaceuticals, Inc.), Revolving Loan and Security Agreement (Amphastar Pharmaceuticals, Inc.)