Obligations Secured Hereby. The agreements contained in this Article IV are made to provide for and secure repayment of the following indebtedness and liabilities of the Company (such indebtedness and liabilities being herein called the "Obligations") in the order of priority indicated:
First, (i) the repayment of all amounts, if any, advanced or expended by the Collateral Agent, in its capacity as Collateral Agent, for the account of the Company hereunder, (ii) the payment of all reasonable costs and expenses at any time and from time to time incurred by the Collateral Agent, in its capacity as Collateral Agent, in connection with the administration or enforcement of this Agreement or any related document (including, without limitation, the fees and out-of-pocket expenses of counsel employed by the Collateral Agent in connection therewith) and (iii) the payment of all indemnities at any time and from time to time payable hereunder to the Collateral Agent, by the Company, and Second, (i) the repayment of all amounts advanced or paid by Financial Security under the Policies pursuant to this Agreement and (ii) the payment of any accrued but unpaid installments of the Premium and all costs and expenses at any time and from time to time incurred by Financial Security in connection with the administration or enforcement of this Agreement or any other Transaction Agreement or any related document (including, without limitation, the fees and out-of-pocket expenses of counsel employed by Financial Security in connection therewith) and under or in connection with this Agreement and the Policies.
Obligations Secured Hereby. This Article VII is made to secure and provide for payment of all amounts due by the Borrower to the Issuing Lender under this Agreement (such obligations and liabilities being in this Agreement called the “Secured Obligations”).
Obligations Secured Hereby. The agreements contained in this Article IV are made to provide for and secure repayment of the following indebtedness and liabilities of the Company (such indebtedness and liabilities being herein called the "Obligations") in the order of priority indicated:
Obligations Secured Hereby. The agreements contained in this Article IV are made to provide for and secure repayment of the following indebtedness and liabilities of the Company (such indebtedness and liabilities being herein called the "Obligations") in the order of priority indicated: First, (i) the repayment of all amounts, if any, advanced or expended by the Collateral Agent, in its capacity as Collateral Agent, for the account of the Company hereunder, (ii) the payment of all reasonable costs and expenses at any time and from time to time incurred by the Collateral Agent, in its capacity as Collateral Agent, in connection with the administration or enforcement of this Agreement or any related document (including, without limitation, the fees and out-of-pocket expenses of counsel employed by the
Obligations Secured Hereby. This Security Agreement is made to provide for and secure repayment and performance of the following indebtedness, obligations and liabilities of the Issuer whether now existing or hereafter incurred (such indebtedness, obligations and liabilities being herein called the “Obligations”):
(a) all amounts due and owing to the Swap Counterparties under the Interest Rate Swaps;
(b) all indebtedness (including interest thereon and, in the case of the Subordinated Notes, the Principal Amount Charge-offs that have not been reinstated and interest thereon), whether absolute, fixed or contingent, at any time and from time to time due and owing by the Issuer to the Holders from time to time of the outstanding Notes;
(c) all Reimburseable Expenses and Allocated Expenses without giving effect to the Maximum Indemnity Amount or the Budget Expense Limit, respectively;
(d) all unreimbursed Monthly Servicer Advances and Servicing Advances with respect to any Mortgage Loan which has been sold, up to a maximum amount of the sale proceeds received in respect of such Mortgage Loan; and
(e) any advances made by the Depositary from time to time pursuant to Section 2(b) of the Depositary Agreement.
Obligations Secured Hereby. (a) This Security Agreement is made to provide for and secure repayment and performance of the indebtedness, obligations and liabilities of the Issuer whether now existing or hereinafter incurred (such indebtedness and liabilities being herein called the “Obligations”) specified in paragraph (b).
(b) Following an Event of Default, all payments or proceeds with respect to the Assigned Collateral and any amounts on deposit in the Collateral Account shall be applied by the Collateral Agent in the following order: First, the repayment of amounts advanced, incurred or expended (including fees and expenses of agents and counsel) by (a) the Collateral Agent, the Indenture Trustee, or the Custodian, up to an aggregate amount of $25,000, and (b) the Owner Trustee, up to a maximum of $5,000; Second, the payment, in accordance with the allocation set forth in Section 2.02 below, of all amounts due and owing to each Swap Counterparty under the Interest Rate Swaps (other than (x) the Party B Third Floating Amount as defined therein, and (y) termination payments in connection with the early termination of each such Interest Rate Swap as provided for in Part 5(b) of the Schedule to each such Interest Rate Swap); Third, pro rata, (x) to the Depositary for repayment of any unreimbursed advances and (y) to the payment of all indebtedness (including principal and all interest thereon), whether absolute, fixed or contingent, at any time and from time to time due and owing by the Issuer to the holders from time to time of the outstanding Secured Liquidity Notes and Extended Notes; Fourth, the payment of all Reimbursable Expenses, provided, that, no Reimbursable Expenses shall be paid with funds withdrawn from the Reserve Fund; Fifth, the payment (pro rata, in accordance with the allocations set forth in Section 2.03 hereof, to each Series of Subordinated Notes) of all amounts due and owing (including all principal and interest) under all outstanding Series of Subordinated Notes including the aggregate amount, if any, of Principal Amount Charge-Offs which have not been reinstated and interest thereon; Sixth, the payment, in accordance with the allocation set forth in Section 2.02 below, of all amounts due and owing to each Swap Counterparty under the Interest Rate Swaps (other than the Party B Third Floating Amount as defined therein), in connection with the early termination of each such Interest Rate Swap, as provided for in Part 5(b) of the Schedule to each such Interest Rat...
Obligations Secured Hereby. This Article Fifteen is made to secure and provide for payment of the following obligations and liabilities of the Company (such obligations and liabilities being in this Indenture called the “Secured Obligations”):
(1) to pay any interest, principal, premium and other amounts payable on the Notes (including interest on any deferred interest payments) and any Liquidated Damages in respect of the Notes (and interest accruing thereon if provided); and
(2) to pay any amounts owing to the Insurer pursuant to this Indenture and the Insurance Agreement; and
(3) to pay to the Swap Counterparty any amounts owing under the Swaps. The Collateral shall be applied to the Secured Obligations in accordance with the provisions of Article Six and this Article Fifteen. Table of Contents
Obligations Secured Hereby. The security interest in the Collateral granted hereby secures and covers the payment and performance by Debtor of all of its obligations under that certain Guaranty of Debtor in favor of the Secured Party dated as of the date hereof (the foregoing are referred to herein as the "Obligations").
Obligations Secured Hereby. The Collateral shall be security for the payment and performance of the following (collectively, the "Obligations"): all loans, advances, indebtedness and each and every other obligation or liability of Pledgor owed to Secured Party and any affiliate of Fifth Third Bancorp, however created, of every kind and description, whether now existing or hereafter arising and whether direct or indirect, primary or as guarantor or surety, absolute or contingent, due or to become due, liquidated or unliquidated, matured or unmatured, participated in whole or in part, created by trust agreement, lease, overdraft, agreement, or otherwise, whether or not secured by additional collateral, whether originated with Secured Party or owed to others and acquired by Secured Party by purchase, assignment or otherwise, and including, without limitation, all loans, advances, indebtedness and each and every other obligation or liability arising under the Loan Documents, letters of credit now or hereafter issued by Secured Party or any affiliate of Fifth Third Bancorp for the benefit of or at the request of Pledgor, all obligations to perform or forbear from performing acts, any and all Rate Management Obligations (as defined in the Loan Documents), and all agreements, instruments and documents evidencing, guarantying, securing or otherwise executed in connection with any of the foregoing, together with any amendments, modifications, and restatements thereof, and all expenses and attorneys' fees incurred or other sums disbursed by Secured Party under this Assignment or any other document, instrument or agreement related to any of the foregoing (collectively, the "Obligations").
Obligations Secured Hereby. Borrower and Agent have entered into a certain Loan Agreement dated August ____, 2000 (as such agreement may be amended, modified or supplemented from time to time, the "Loan Agreement"), providing for extensions of credit to be made by the Lenders to Borrower, in accordance with the terms and conditions of the Loan Agreement, on a revolving credit basis in the aggregate maximum principal amount of Seventy-Five Million Dollars and 00/100 Dollars ($75,000,000.00) (the "Loan"). To induce Agent and Lenders to enter into the Loan Agreement and to extend the credit thereunder, Borrower hereby grants a security interest in the Collateral to Agent to secure the full and timely payment and performance of the Obligations, as defined in the Loan Agreement, including, but not limited to, the full and timely payment of all sums due under the Notes.
