Common use of Indebtedness Secured Clause in Contracts

Indebtedness Secured. The Security Interest secures payment of any and all indebtedness, and performance of all obligations and agreements, of Pledgor to Secured Party ("Indebtedness"), whether now existing or hereafter incurred or arising, of every kind and character, primary or secondary, direct or indirect, absolute or contingent, sole, joint or several, matured or unmatured, whether such Indebtedness was originally contracted with Secured Party or with another or others, whether or not such Indebtedness is evidenced by a negotiable or non-negotiable instrument or other writing, whether such Indebtedness is contracted by Pledgor alone or jointly and severally with another or others, and whether such Indebtedness is from time to time reduced and thereafter increased, or entirely extinguished and thereafter reincurred, including, without limitation: (a) Indebtedness arising in connection with that certain Term Note between Debtor and Secured Party dated the date hereof (the "Note"); (b) all interest which accrues on any such Indebtedness, until payment of such Indebtedness in full, including, without limitation, all interest provided for under the Note; (c) all other monies payable by Pledgor, and all obligations and agreements of Pledgor to Secured Party, pursuant to any other documents or agreements executed by Pledgor in connection with or with or relating to the Note ("Transaction Documents"); (d) all fees payable by Pledgor pursuant to the Note or any of the Transaction Documents; and (e) all extensions, renewals and replacements of all of the foregoing.

Appears in 1 contract

Samples: Security Agreement (Hotelworks Com Inc)

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Indebtedness Secured. The Security Interest secures payment of any and all indebtedness, Indebtedness and the performance of all obligations and agreements, agreements of Pledgor Sundance to Secured Party ("Indebtedness")Agent or any Lender under this Joinder or any other Transaction Documents, whether now existing or hereafter incurred or arising, of every kind and character, primary or secondary, direct or indirect, absolute or contingent, sole, joint or several, matured or unmatured, whether such Indebtedness was originally contracted with Secured Party or with another or others, whether or not such Indebtedness is evidenced by a negotiable or non-negotiable instrument or other writing, whether such Indebtedness is contracted by Pledgor alone or jointly and severally with another or others, and whether such Indebtedness is from time to time reduced and thereafter increased, or entirely extinguished and thereafter reincurred, including, without limitation: (a) all Advances under the Revolving Line of Credit, the Revolving Notes, and the Swingline Note, and all Indebtedness arising in connection with that certain Term Note between Debtor and Secured Party dated the date hereof (the "Note")under any Letters of Credit, including Reimbursement Obligations; (b) all amounts owed under the Term Loan and the Term Notes; (c) all interest which accrues on any such Indebtedness, until payment of such Indebtedness in full, including, without limitation, all interest provided for under the Notethis Agreement or any other Transaction Documents; (cd) all other monies payable by PledgorSundance, and all obligations and agreements of Pledgor Sundance to Secured PartyLenders, pursuant to any other documents or agreements executed by Pledgor in connection with or with or relating to the Note ("Transaction Documents"); (de) all fees Product Obligations; and (f) all monies payable by Pledgor any Third Party, and all obligations and agreements of any Third Party to Agent or any Lender, pursuant to the Note or any of the Transaction Documents; and (e) all extensions, renewals and replacements of all of the foregoing.

Appears in 1 contract

Samples: Pledge Agreement (Air Methods Corp)

Indebtedness Secured. The Security Interest secures payment of any and all indebtedness, Indebtedness and the performance of all obligations and agreements, of Pledgor Borrower to Secured Party ("Indebtedness")Lender, whether now existing or hereafter incurred or arising, of every kind and character, primary or secondary, direct or indirect, absolute or contingent, sole, joint or several, matured or unmatured, whether such Indebtedness was originally contracted with Secured Party or with another or others, whether or not such Indebtedness is evidenced by a negotiable or non-negotiable instrument or other writing, whether such Indebtedness is contracted by Pledgor alone or jointly and severally with another or others, and whether such Indebtedness indebtedness is from time to time reduced and thereafter increased, or entirely extinguished and thereafter reincurred, including, without limitation: (a) Indebtedness arising in connection with that certain Term Note between Debtor all Advances under the Revolving Facilities, the Revolving Notes, and Secured Party dated the date hereof (the "Note")any Letters of Credit; (b) all interest which accrues on any such Indebtedness, until payment of such Indebtedness indebtedness in full, including, without limitation, all interest provided for under the Notethis Agreement or any other Transaction Documents; (c) all other monies payable by PledgorBorrower, and all obligations and agreements of Pledgor Borrower to Secured PartyLender, pursuant to the Transaction Documents (including any other documents or agreements executed by Pledgor in connection with or with or relating to the Note ("Transaction Documents"interest rate swap obligations); (d) all fees payable debts owed, or to be owed, by Pledgor pursuant Borrower to the Note others which Lender has obtained, or may obtain, by assignment or otherwise, including, without limitation, debts acquired by Lender from any of the Transaction Documentstheir Affiliates that arise either (i) from negative balances which may exist from time to time in any operating, deposit or other account maintained with such Affiliate of Lender, or (ii) under any credit card line of credit established by such Affiliate of Lender for Borrower; and (e) all extensionsmonies payable by any Third Party, renewals and replacements all obligations and agreements of all any Third Party to Lender, pursuant to any of the foregoingTransaction Documents.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Vail Resorts Inc)

Indebtedness Secured. The Security Interest secures payment of any and all indebtednessIndebtedness, and the performance of all obligations and agreements, of Pledgor Borrower to Secured Party ("Indebtedness")Lenders, whether now existing or hereafter incurred or arising, of every kind and character, primary or secondary, direct or indirect, absolute or contingent, sole, joint or several, matured or unmatured, whether such Indebtedness was originally contracted with Secured Party or with another or others, whether or not such Indebtedness is evidenced by a negotiable or non-negotiable instrument or other writing, whether such Indebtedness is contracted by Pledgor alone or jointly and severally with another or others, and whether such Indebtedness indebtedness is from time to time reduced and thereafter increased, or entirely extinguished and thereafter reincurred, including, without limitation: (a) Indebtedness arising in connection with that certain Term Note between Debtor all Advances under the Revolving Line of Credit, the Revolving Note, and Secured Party dated the date hereof (the "Note")any Letters of Credit; (b) all interest which accrues on any such Indebtednessindebtedness, until payment of such Indebtedness indebtedness in full, including, without limitation, all interest provided for under the Notethis Agreement or any other Transaction Documents; (c) all other monies payable by PledgorBorrower, and all obligations and agreements of Pledgor Borrower to Secured PartyLenders, pursuant to any other documents or agreements executed by Pledgor in connection with or with or relating to the Note ("Transaction Documents"); (d) all fees debts owed, or to be owed, by Borrower to others which Lenders have obtained, or may obtain, by assignment or otherwise, including, without limitation, debts acquired by Lenders from its affiliates that arise either (i) from negative balances which may exist from time to time in any operating, deposit or other account maintained with such affiliate of Lenders, or (ii) under any credit card line of credit established by such affiliate of Lenders for Borrower; (e) all monies payable by Pledgor any Third Party, and all obligations and agreements of any Third Party to Lenders, pursuant to the Note or any of the Transaction Documents; and (ef) all extensionsmonies due, renewals and replacements of all of to become due, in any way under the foregoingTransaction Documents.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Koala Corp /Co/)

Indebtedness Secured. The Security Interest secures payment of any and all indebtedness, Indebtedness and the performance of all obligations and agreements, agreements of Pledgor any one or more of the Borrowers to Secured Party ("Indebtedness")Agent or any Lender under this Agreement or any other Transaction Documents, whether now existing or hereafter incurred or arising, of every kind and character, primary or secondary, direct or indirect, absolute or contingent, sole, joint or several, matured or unmatured, whether such Indebtedness was originally contracted with Secured Party or with another or others, whether or not such Indebtedness is evidenced by a negotiable or non-negotiable instrument or other writing, whether such Indebtedness is contracted by Pledgor alone or jointly and severally with another or others, and whether such Indebtedness is from time to time reduced and thereafter increased, or entirely extinguished and thereafter reincurred, including, without limitation: (a) Indebtedness arising in connection with that certain Term all Advances under the Revolving Line of Credit, the Revolving Note, the Swingline Note between Debtor and Secured Party dated the date hereof (the "Note")any Letters of Credit, including Reimbursement Obligations; (b) all amounts owed under the Term Loan; (c) all interest which accrues on any such Indebtedness, until payment of such Indebtedness in full, including, without limitation, all interest provided for under the Notethis Agreement or any other Transaction Documents; (cd) all other monies payable by PledgorBorrowers, and all obligations and agreements of Pledgor Borrowers to Secured PartyLenders, pursuant to the Transaction Documents; (e) all Product Obligations, other than Excluded Hedge Obligations; and (f) all monies payable by any other documents or Third Party, and all obligations and agreements executed by Pledgor in connection with or with or relating of any Third Party to the Note ("Transaction Documents"); (d) all fees payable by Pledgor Agent or any Lender, pursuant to the Note or any of the Transaction Documents; and (e) all extensions, renewals and replacements of all of the foregoing.

Appears in 1 contract

Samples: And Security Agreement (Air Methods Corp)

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Indebtedness Secured. The Security Interest secures payment of any and all indebtedness, and performance of all obligations and agreements, of Pledgor Debtor to Secured Party ("Indebtedness")Party, whether now existing or hereafter incurred or arising, of every kind and character, primary or secondary, direct or indirect, absolute or contingent, sole, joint or several, matured or unmatured, whether such Indebtedness was originally contracted with Secured Party or with another or others, whether or not such Indebtedness is evidenced by a negotiable or non-negotiable instrument or other writing, whether such Indebtedness is contracted by Pledgor alone or jointly and severally with another or others, and whether such Indebtedness indebtedness is from time to time reduced and thereafter increased, or entirely extinguished and thereafter reincurred, including, without limitation: (a) Indebtedness arising in connection with that certain Term Note between Debtor and Secured Party dated the date hereof (the "Note")all Advances; (b) all interest which accrues on any such Indebtednessindebtedness, until payment of such Indebtedness indebtedness in full, including, without limitation, all interest provided for under the Notethis Agreement; (c) all other monies payable by PledgorDebtor, and all obligations and agreements of Pledgor Debtor to Secured Party, pursuant to the Transaction Documents; (d) all debts owed, or to be owed, by Debtor to others which Secured Party has obtained, or may obtain, by assignment or otherwise; (e) all monies payable by any Third Party, and all obligations and agreements of any Third Party to Secured Party, pursuant to any other documents or agreements executed by Pledgor in connection with or with or relating to the Note ("Transaction Documents"); (d) all fees payable by Pledgor pursuant to the Note or any of the Transaction Documents; (f) all monies due, and to become due, pursuant to Section 7.3; and (eg) all extensionsobligations arising under that certain unlimited continuing guaranty of Debtor to Secured Party dated July 27, renewals 20000, wherein Debtor unconditionally guaranteed the full and replacements prompt payment to Secured Party when due, whether by acceleration or otherwise, of any and all indebtedness (as defined in such guaranty) of Continental Systems to Secured Party, as such guaranty may be modified, reaffirmed or otherwise amended from time to time; and (h) the foregoingobligations of Continental Systems in favor of Secured Party under the Master Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Napco Security Systems Inc)

Indebtedness Secured. The Security Interest secures payment of any and all indebtedness, Indebtedness and the performance of all obligations and agreementsagreements of any one or more of the Borrowers to Agent or any Lender under this Agreement or any other Transaction Documents, of Pledgor or with respect to Secured Party ("Indebtedness")Product Obligations, any agreement, instrument or other document entered into in connection therewith, in each case, whether now existing or hereafter incurred or arising, of every kind and character, primary or secondary, direct or indirect, absolute or contingent, sole, joint or several, matured or unmatured, whether such Indebtedness was originally contracted with Secured Party or with another or others, whether or not such Indebtedness is evidenced by a negotiable or non-negotiable instrument or other writing, whether such Indebtedness is contracted by Pledgor alone or jointly and severally with another or others, and whether such Indebtedness is from time to time reduced and thereafter increased, or entirely extinguished and thereafter reincurred, including, without limitation: (a) Indebtedness arising in connection with that certain Term all Advances under the Revolving Line of Credit, the Revolving Note, the Swingline Note between Debtor and Secured Party dated the date hereof (the "Note")any Letters of Credit, including Reimbursement Obligations; (b) all amounts owed under the Term Loans; (c) all interest which accrues on any such Indebtedness, until payment of such Indebtedness in full, including, without limitation, all interest provided for under the Notethis Agreement or any other Transaction Documents; (cd) all other monies payable by PledgorBorrowers, and all obligations and agreements of Pledgor Borrowers to Secured PartyLenders, pursuant to the Transaction Documents; (e) all Product Obligations, other than Excluded Hedge Obligations; and (f) all monies payable by any other documents or Third Party, and all obligations and agreements executed by Pledgor in connection with or with or relating of any Third Party to the Note ("Transaction Documents"); (d) all fees payable by Pledgor Agent or any Lender, pursuant to the Note or any of the Transaction Documents; and (e) all extensions, renewals and replacements of all of the foregoing.

Appears in 1 contract

Samples: And Security Agreement (Air Methods Corp)

Indebtedness Secured. The Security Interest secures payment of any and all indebtedness, Indebtedness and the performance of all obligations and agreements, agreements of Pledgor any one or more of the Borrowers to Secured Party ("Indebtedness")Agent or any Lender under this Agreement or any other Transaction Documents, whether now existing or hereafter incurred or arising, of every kind and character, primary or secondary, direct or indirect, absolute or contingent, sole, joint or several, matured or unmatured, whether such Indebtedness was originally contracted with Secured Party or with another or others, whether or not such Indebtedness is evidenced by a negotiable or non-negotiable instrument or other writing, whether such Indebtedness is contracted by Pledgor alone or jointly and severally with another or others, and whether such Indebtedness is from time to time reduced and thereafter increased, or entirely extinguished and thereafter reincurred, including, without limitation: (a) Indebtedness arising in connection with that certain Term all Advances under the Revolving Line of Credit, the Revolving Note, the Swingline Note between Debtor and Secured Party dated the date hereof (the "Note")any Letters of Credit, including Reimbursement Obligations; (b) all amounts owed under the Term Loan; (c) all interest which accrues on any such Indebtedness, until payment of such Indebtedness in full, including, without limitation, all interest provided for under the Notethis Agreement or any other Transaction Documents; (cd) all other monies payable by PledgorBorrowers, and all obligations and agreements of Pledgor Borrowers to Secured PartyLenders, pursuant to the Transaction Documents; (e) all Product Obligations; and (f) all monies payable by any other documents or Third Party, and all obligations and agreements executed by Pledgor in connection with or with or relating of any Third Party to the Note ("Transaction Documents"); (d) all fees payable by Pledgor Agent or any Lender, pursuant to the Note or any of the Transaction Documents; and (e) all extensions, renewals and replacements of all of the foregoing.

Appears in 1 contract

Samples: And Security Agreement (Air Methods Corp)

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