OBLIGATION SECURED Sample Clauses

OBLIGATION SECURED. The Security Interest shall secure, in such order of priority as Secured Party may elect:
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OBLIGATION SECURED. This Agreement shall secure, in such order of priority as Secured Party may elect:
OBLIGATION SECURED. This Deed of Trust is given for the purpose of securing, in such order of priority as Beneficiary may elect:
OBLIGATION SECURED. In consideration of the purchase of the ------------------ Certificates, the Seller agrees to cause payment of the Certificates from funds available in the Subordination Spread Accounts (as hereinafter defined) and from receipt of Excess Amounts and Recapture Amounts (as hereinafter defined), as and to the extent set forth herein. Such obligation is non-recourse in respect of the Seller, and recourse may only be had to the Subordination Spread Accounts, the Excess Amounts and the Recapture Amounts. Neither the Subordination Spread Accounts, the Excess Amounts nor the Recapture Amounts shall be part of the Trust.
OBLIGATION SECURED. This Agreement shall secure the performance of the Notes on the conditions set forth below.
OBLIGATION SECURED. The security interest, lien and other interests granted to Pledgee pursuant to this Share Pledge shall secure the prompt performance and observance of the Obligation.
OBLIGATION SECURED. Guarantor hereby acknowledges and agrees that the security interest granted hereby secures the full and timely performance of all terms, covenants and conditions required to be performed and observed by Guarantor under this Agreement and the Guaranty and acknowledges and agrees that this Agreement shall extend to and secure any and all renewals, refinancings, amendments and extensions of any or all of the foregoing.
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OBLIGATION SECURED. This Deed of Trust is given for the purpose of securing the payment by Trustor of the aggregate amount of Two Million Eight Hundred Fifty Thousand Dollars ($2,850,000.00) with interest thereon, extension and other fees, late charges and costs, according to the terms of that Secured Promissory Note, dated as of October 17, 2005, made by Trustor, payable to the order of Beneficiary, and all amendments, modifications, renewals or replacements thereof (hereinafter called the "Note") and payment, performance and observance by Trustor of each covenant, condition, provision and agreement contained herein and of all monies expended or advanced by Beneficiary pursuant to the terms hereof, or to preserve any right of Beneficiary hereunder, or to protect or preserve the Trust Property or any part thereof. All of the indebtedness and obligations secured by this Deed of Trust are hereinafter collectively called the "Obligation."
OBLIGATION SECURED. The Interest shall secure payment of the indebtedness evidenced by that certain Note ("Note") of even date between the Debtors and the Secured Parties, which is issued pursuant to the terms of the Company's Limited Liability Company Agreement.
OBLIGATION SECURED. The Collateral shall secure the performance and payment by Debtor of the Note.
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