Common use of Definition of Secured Indebtedness Clause in Contracts

Definition of Secured Indebtedness. As used herein, "Secured Indebtedness" shall mean all present and future debts and other obligations of Borrower to Lender under this Assignment, the Note Purchase Agreement, including those certain Promissory Notes of even date herewith in the aggregate original principal amount of $2,000,000.00 made by Borrower payable to the order of Lender, or each of them as the case may be, including all modifications, amendments, extensions and renewals thereof.

Appears in 1 contract

Samples: Collateral Assignment of Promissory Note (HLM Design Inc)

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Definition of Secured Indebtedness. As used herein, "β€œSecured Indebtedness" ” shall mean all present and future debts and other obligations of the Borrower to Lender under this Assignmentevidenced by the Bond, the Note Purchase and the Loan Agreement, including those certain Promissory Notes of even date herewith in the aggregate original principal amount of $2,000,000.00 made by Borrower payable as they may hereafter from time to the order of Lendertime be amended, modified, extended, renewed or each of them as the case may berestated, including and all modifications, amendments, extensions and renewals thereofobligations arising hereunder.

Appears in 1 contract

Samples: Investment Agreement (Adtran Inc)

Definition of Secured Indebtedness. As used hereinThe indebtedness referred to in subparagraphs (a), (b) and (c) of Section 1.01 hereinabove, and all renewals and extensions thereof and all substitutions therefor, are sometimes hereinafter referred to as the "Secured Indebtedness" shall mean all present and future debts and other obligations of Borrower to Lender under this Assignment, the Note Purchase Agreement, including those certain Promissory Notes of even date herewith in the aggregate original principal amount of $2,000,000.00 made by Borrower payable to the order of Lender, or each of them as the case may be, including all modifications, amendments, extensions and renewals thereof."

Appears in 1 contract

Samples: Purchase and Sale Agreement (Tidelands Oil & Gas Corp/Wa)

Definition of Secured Indebtedness. As used herein, "Secured ---------------------------------- Indebtedness" shall mean all present and future debts and other the obligations of Borrower to Lender under this Assignment, Agreement and the Note Purchase Agreement, including those certain Promissory Notes of even date herewith in indebtedness and obligations evidenced by the aggregate original principal amount of $2,000,000.00 made by Borrower payable to the order of Lender, or each of them as the case may be, including all modifications, amendments, extensions and renewals thereofDemand Note.

Appears in 1 contract

Samples: Security Agreement (Onepoint Communications Corp /De)

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Definition of Secured Indebtedness. As used herein, "Secured Indebtedness" shall mean all present and future debts and other obligations of Borrower to Lender under this Assignment, the Note Purchase Agreement, including those certain Promissory Notes of even date herewith in the aggregate original principal amount of $2,000,000.00 made by Borrower payable to the order of Lender, or each of them as the case may be, including all modifications, amendments, extensions and renewals thereof.

Appears in 1 contract

Samples: Collateral Assignment of Contract Rights (HLM Design Inc)

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