Liabilities Secured Sample Clauses

Liabilities Secured. The obligations which are secured by this Agreement are referred to collectively as the “Liabilities” and are as follows: Payment of all loans, advances and/or commitments made by the Bank to Debtor, together with interest thereon and other sums owing pursuant thereto; payment and performance of the provisions of this Security Agreement; payment and performance of all notes, undertakings, obligations, debts, liabilities, agreements, applications or agreements for issuance of letters of credit, assignments, guarantees, or promises of or by Debtor to or with the Bank, whether due, existing or arising, now or in the future, absolute or contingent, direct or indirect, however arising or acquired by the Bank, and including obligations originally owing by Debtor to a third party and assigned by such third party to the Bank; payment and performance of all existing and future obligations (including the kinds of obligations described above) to the Bank of any persons or entities for which Debtor is or becomes an accommodation party, surety or guarantor or whose obligations this Security Agreement is given to secure; and all extensions, renewals and modifications of the foregoing. If more than one person appears as Debtor above, the Liabilities shall include, without limitation, all of the foregoing joint, several and individual obligations of each such person to the Bank. Debtor agrees that if the proceeds of any of the Liabilities created in the future are utilized to pay and/or renew any of the Liabilities existing at this time, such future Liabilities shall be presumed to be renewals or extensions of the existing Liabilities.

Liabilities Secured. The Guarantor, jointly and severally, hereby guarantees the full, prompt, and unconditional payment of the Liabilities (as defined below), when and as the same shall become due, whether at the stated maturity date, by acceleration, or otherwise, and the full, prompt, and unconditional performance of each and every term and condition of every transaction to be kept and performed by the Borrower and any other Obligor under the Loan Documents (as defined below). This Guaranty is a primary obligation of the Guarantor and shall be a continuing inexhaustible Guaranty without limitation as to amount or duration and may not be revoked except by notice in writing by the Guarantor to the Bank and received by the Bank at least thirty (30) days prior to the date set for such revocation. No such notice shall affect the Guarantor's liability under this Guaranty for any loan, extension of credit or other financial accommodation made to or committed to be made to the Borrower or any Obligor by the Bank and/or any Affiliate occurring prior to the effective date of the revocation, regardless of whether such loan, extension of credit or financial accommodation is made before or after notice of revocation.

Liabilities Secured. For purposes hereof, “Letter of Credit” means your letter of credit no. SLC302627, as and if amended, restated, renewed, extended or replaced from time to time, This Agreement secures payment of any and all liabilities of Debtor or Organic Farm Marketing, LLC to you under or in connection with: (i) this Agreement; and (ii) the Letter of Credit, including our reimbursement obligations for draws thereunder, whether under any Application and Agreement for Letter of Credit or otherwise (such liabilities referenced in this sentence, the "Liabilities").

Liabilities Secured. The security interest herein conveyed shall secure the payment of (a) all of the Company’s obligations pursuant to this Agreement and the LC Agreement, including without limitation interest thereon, (b) all costs and expenses incurred by the Bank in the collection of any of the foregoing and enforcement of this Agreement and the LC Agreement, including reasonable attorneys’ fees, and (c) all other obligations owing to the Bank by the Company, but only to the extent that any such obligation is described or referred to in a document executed by the Company which specifically states that such obligation is secured by this Agreement, the Account or the Cash Collateral.

Liabilities Secured. The Collateral shall secure payment and performance of the following (collectively, the "Liabilities"): a. All Revolving Loans and all other obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Lender and/or its affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under the Loan Agreement or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute (including the payment of interest and other amounts which would accrue and become due but for the commencement of such case, whether or not such amounts are allowed or allowable in whole or in part in such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Lender; and b. All costs incurred by Lender to enforce this Agreement, the Loan Agreement and the Other Agreements, and the pledge and security interest granted hereby, to collect the Liabilities, and to maintain, preserve, collect and enforce the Collateral, including without limitation taxes, assessments, attorneys' fees, and expenses of sale.

Liabilities Secured. This Mortgage is executed, acknowledged and delivered by the Mortgagor to secure and enforce the following obligations and liabilities:

Liabilities Secured. The Guarantor hereby guarantees the full, prompt, and unconditional performance of the Security Liabilities (as defined below), when and as the same shall become due, whether at the stated maturity date, upon the occurrence of an Event of Default under the Restated Note, by acceleration, or otherwise. This Guaranty is a primary obligation of the Guarantor and shall be a continuing inexhaustible Guaranty without limitation except that the Lender's recourse against the Guarantor shall be limited to amounts that can be realized by the Lender with respect to the Collateral (hereafter defined).

Liabilities Secured. This assignment is made and the Policy is to be held as collateral security for certain liabilities of the Assignor to the Assignee, either now existing with respect to the Policy or that may hereafter arise with respect to the Policy, as and to the extent set forth in the Agreement.