Obligations Secured by Collateral Clause Samples
Obligations Secured by Collateral. Any amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement, and any amounts paid by the Security Agent in preservation of any of its rights or interest in the Collateral, together with interest on such amounts from the date paid until reimbursement in full at a rate per annum equal at all times to the Overdue Rate shall constitute Obligations secured by the Collateral.
Obligations Secured by Collateral. Any amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement, and any amounts paid by the Secured Party in preservation of any of its rights or interest in the Collateral, shall constitute Secured Obligations secured by the Collateral.
Obligations Secured by Collateral. 2.1. The funds provided by the Pledgor under this Agreement as collateral secure the obligations of the Pledgor to the Pledgee, including:
1) All and any obligations of the Pledgor to the Pledgee under this Agreement, under the Agreement and/or Agreements that will be concluded between them in the future, including, but not limited to:
(a) to repay the loan principal in full; (b) for the payment of interest accrued for using the loan, for the delay in repaying the principal debt on the loan, for the delay in paying interest, (c) for the payment of commissions and other payments provided for in the Agreement;
2) All and any obligations (in monetary terms or expressed in monetary terms) of the Pledgor to the Pledgee under this Agreement;
3) Any verifiable expenses (including, but not limited to, court costs, attorneys' fees, fees and charges) incurred by the Mortgagee or any person designated by the Mortgagee in connection with the execution of a mortgage, judicial or extrajudicial foreclosure, or the exercise of any of the rights of the Pledgee under the Loan Agreement, any other costs associated with the protection of the rights of the Pledgee under the pledge to third Parties.
2.2. The Parties to this Agreement have determined that the pledge is valid until the Pledgor fully fulfills its obligations to the Pledgee specified in this section of the Agreement.
2.3. The Parties to this Agreement have determined that in the event of fulfillment of an obligation secured under this Agreement by a pledge, the pledge may also secure other subsequent obligations if the main Agreement for the obligation assumed concerns the same Parties.
Obligations Secured by Collateral. Notwithstanding anything to the contrary contained in the Collateral Documents, the aggregate amount of the Obligations secured by the Collateral shall be limited to an amount equal to the sum of (i) $30,000,000, plus (ii) all interest, fees, charges, expenses, reimbursement obligations and indemnification obligations of the Company under the Transaction Documents, whether absolute or contingent, due or to become due, or now existing or hereafter arising or incurred, including, without limitation, all fees, charges and disbursements of counsel to the Agent or to any other Secured Party that are required to be paid by the Company pursuant to any Transaction Document. Nothing contained in this Section 6.17(d) shall limit or affect the absolute and unconditional obligation of the Company to pay and perform when due all of the Obligations.
Obligations Secured by Collateral. 2.1. The movable property provided by the Borrower-▇▇▇▇▇▇▇ as collateral secures the obligations of the Borrower-Pledgor to the Pledgee, including:
2.1.1. All obligations of the Borrower-Pledgor to the Pledgee under this Agreement;
2.1.2. Any verifiable expenses (including, but not limited to, court costs, attorney's fees, fees and charges) incurred by the Mortgagee in connection with the execution of the mortgage, the foreclosure of the mortgaged property through judicial proceedings, or the exercise of any of the Mortgagee's rights under the Agreement related to the protection of the rights of the Pledgee.
