Amount of Secured Obligations Sample Clauses

Amount of Secured Obligations. A certificate of the Agent as to the amount of any Secured Obligations due at any time will, in the absence of manifest error, be conclusive and binding on the Chargor.
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Amount of Secured Obligations. So long as the Senior Unsecured Note Documents are in effect, the Senior Unsecured Notes are outstanding and the Indebtedness thereunder is outstanding, the aggregate outstanding principal amount of Secured Obligations does not, and after giving effect to each Credit Extension will not, exceed $235,000,000.
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Amount of Secured Obligations. So long as any Note Documents are in effect, any Notes are outstanding and the Indebtedness thereunder is outstanding, the aggregate outstanding principal amount of Secured Obligations does not, and after giving effect to each Credit Extension will not, exceed the Maximum Secured Obligations Amount.
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Amount of Secured Obligations. A certificate of the Collateral Agent as to the amount of any Secured Obligations due at any time will, in the absence of manifest error, be conclusive and binding on each Grantor.
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Amount of Secured Obligations. (i) Maximum Bank Credit Amount $ ---------- (ii) Amount equal to 10% of Consolidated Net Tangible Assets $ ---------- (iii) Greater of (i) or (ii) $ ---------- (iv) Permitted Subsidiary Indebtedness $ ---------- (v) Sum of (iii) and (iv) $ ---------- The Borrower hereby represents, warrants and agrees, pursuant to the Credit Agreement, that the delivery of this Advance Request Form-A and the acceptance by the Borrower of the proceeds of the Advance-A constitutes a representation and warranty by the Borrower that, on the date of such Advance-A, and before and after 217 218 giving effect thereto and to the application of proceeds therefrom, all conditions precedent set forth in Article VII of the Credit Agreement have been satisfied and that all the representations and warranties of the Borrower set forth in Article VIII of the Credit Agreement remain true and correct on and as of the date of such Advance-A with the same force and effect as if such representations and warranties had been made on and as of such date. Immediately after the Advance-A to which this Advance Request Form-A relates, no Default or Event of Default shall have occurred and be continuing. The proceeds of Advances-A which are the subject of this Advance Request Form-A will be used for the purposes permitted under the Credit Agreement. All capitalized terms not otherwise defined herein shall have the respective meanings ascribed to them in the Credit Agreement. VERITAS DGC INC. By: -------------------------------- Authorized Signatory for and on behalf of the Borrower 218 219 EXHIBIT "E-2" ADVANCE REQUEST FORM-B Date: ------------- TO: BANK ONE, TEXAS, N.A. Ladies and Gentlemen: The undersigned Veritas DGC Inc., (the "Borrower") hereby refers to the Credit Agreement dated as of November 1, 1999 among the Borrower, Bank One, Texas, N.A., as agent (the "Agent"), and the Banks and the Issuing Bank signatories thereto, as the same may be amended, modified, supplemented or restated from time to time (the "Credit Agreement") and gives you irrevocable notice pursuant to Section 4.1 of the Credit Agreement, of the Advance-B specified below:
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Related to Amount of Secured Obligations

  • Payment of Secured Obligations Grantor will pay and perform or cause to be paid and performed the Secured Obligations according to the tenor thereof and all other sums now or hereafter secured hereby as the same shall become due.

  • Revival of Secured Obligations This Agreement and the Loan Documents shall remain in full force and effect and continue to be effective if any petition is filed by or against Borrower for liquidation or reorganization, if Borrower becomes insolvent or makes an assignment for the benefit of creditors, if a receiver or trustee is appointed for all or any significant part of Borrower’s assets, or if any payment or transfer of Collateral is recovered from Agent or Lender. The Loan Documents and the Secured Obligations and Collateral security shall continue to be effective, or shall be revived or reinstated, as the case may be, if at any time payment and performance of the Secured Obligations or any transfer of Collateral to Agent, or any part thereof is rescinded, avoided or avoidable, reduced in amount, or must otherwise be restored or returned by, or is recovered from, Agent, Lender or by any obligee of the Secured Obligations, whether as a “voidable preference,” “fraudulent conveyance,” or otherwise, all as though such payment, performance, or transfer of Collateral had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, avoided, avoidable, restored, returned, or recovered, the Loan Documents and the Secured Obligations shall be deemed, without any further action or documentation, to have been revived and reinstated except to the extent of the full, final, and indefeasible payment to Agent or Lender in Cash.

  • Grant of Security and Secured Obligations SECTION 3.1. Pledge; Grant of Security Interest 9 SECTION 3.2. Secured Obligations 10 SECTION 3.3. Security Interest 10

  • Continuing Agreement, Transfer of Secured Obligations This Agreement is a continuing agreement and shall (a) subject to Section 5.3, remain in full force and effect until the Discharge of ABL Obligations shall have occurred, (b) be binding upon the Parties and their successors and assigns, and (c) inure to the benefit of and be enforceable by the Parties and their respective successors, transferees and assigns. Nothing herein is intended, or shall be construed to give, any other Person any right, remedy or claim under, to or in respect of this Agreement or any Common Collateral. All references to any Grantor shall include any Grantor as debtor-in-possession and any receiver or trustee for such Grantor in any Insolvency Proceeding. Without limiting the generality of the foregoing clause (c), the ABL Collateral Agent, any ABL Secured Party, the New First Lien Collateral Agent and any New First Lien Secured Party may assign or otherwise transfer all or any portion of the ABL Obligations or the New First Lien Obligations, as applicable, to any other Person (other than the Company, any Grantor or any Affiliate of the Company or any Grantor and any Subsidiary of the Company or any Grantor), and such other Person shall thereupon become vested with all the rights and obligations in respect thereof granted to the ABL Collateral Agent, the New First Lien Collateral Agent, any ABL Secured Party or any New First Lien Secured Party, as the case may be, herein or otherwise. The ABL Secured Parties and the New First Lien Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide Indebtedness to, or for the benefit of, any Grantor on the faith hereof.

  • Unsecured Obligations The obligations of the Company to the Purchasers under the Subordinated Notes shall be unsecured.

  • Unsecured Obligation Your Award is unfunded, and as a holder of a vested Award, you shall be considered an unsecured creditor of the Company with respect to the Company’s obligation, if any, to issue shares pursuant to this Agreement. You shall not have voting or any other rights as a stockholder of the Company with respect to the shares to be issued pursuant to this Agreement until such shares are issued to you pursuant to Section 6 of this Agreement. Upon such issuance, you will obtain full voting and other rights as a stockholder of the Company. Nothing contained in this Agreement, and no action taken pursuant to its provisions, shall create or be construed to create a trust of any kind or a fiduciary relationship between you and the Company or any other person.

  • Additional Secured Obligations On or after the Issue Date the Issuers may from time to time designate additional Pari Passu Lien Obligations (as defined in the Indenture) of the Issuers or any Guarantor permitted to be Incurred under the Indenture and to be secured by a Lien on the Collateral (as defined in the Indenture) permitted by the Indenture as additional Secured Obligations hereunder (“Additional Secured Obligations”) by delivering to the Collateral Agent and each Authorized Representative (a) a certificate signed by the chief financial officer of the Issuers (i) identifying the Class of obligations so designated and the aggregate principal amount or face amount thereof, stating that such Class of obligations is designated as an Additional Secured Obligation for purposes hereof, (ii) representing that such designation of such Class of obligations as an Additional Secured Obligation complies with the terms of each of the Secured Agreements and (iii) specifying the name and address of the Authorized Representative for such Class of obligations, (b) a fully executed Additional Secured Party Joinder (in the form attached as Exhibit 6); and (c) an Opinion of Counsel to the effect that the designation of such Class of obligations as “Additional Secured Obligations” is in compliance with the terms of the Indenture. Each Authorized Representative agrees that upon the satisfaction of all conditions set forth in the preceding sentence, the Collateral Agent shall act as agent under and subject to the terms of this Agreement for the benefit of all Secured Parties, including without limitation, any Secured Parties that hold any such Additional Secured Obligations, and each Authorized Representative agrees to the appointment, and acceptance of the appointment, of the Collateral Agent as agent for the holders of such Additional Secured Obligations as set forth in each Additional Secured Party Joinder and agrees, on behalf of itself and each Additional Secured Party it represents, to be bound by this Agreement.

  • Rights of Secured Party Secured Party shall have the rights contained in this Section at all times during the period of time this Agreement is effective.

  • Secured Party Performance of Debtor Obligations Without having any obligation to do so, the Administrative Agent may perform or pay any obligation which any Grantor has agreed to perform or pay in this Security Agreement and the Grantors shall reimburse the Administrative Agent for any amounts paid by the Administrative Agent pursuant to this Section 8.4. The Grantors’ obligation to reimburse the Administrative Agent pursuant to the preceding sentence shall be a Secured Obligation payable on demand.

  • Secured Obligation The obligations of the Company under this Debenture are secured by all assets of the Company and each Subsidiary pursuant to the Security Agreement, dated as of February 22, 2011, between the Company, the Subsidiaries of the Company and the Secured Parties (as defined therein) (the “Security Agreement”) and further agreements with respect to certain foreign assets of the Company and its Subsidiaries. ********************* (Signature Page Follows)

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