Common use of Payment of Secured Obligations Clause in Contracts

Payment of Secured Obligations. Mortgagor shall pay when due the principal of and the interest on the indebtedness evidenced by the Notes, all charges, fees and other sums as provided in the Loan Documents (including, without limitation, any prepayment fee); the principal of and interest on any future advances secured by this Mortgage; and the principal of and interest on any other indebtedness secured by this Mortgage.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing (KBS Real Estate Investment Trust II, Inc.), Security Agreement and Fixture Filing (KBS Real Estate Investment Trust II, Inc.)

AutoNDA by SimpleDocs

Payment of Secured Obligations. Mortgagor shall pay when due the principal of of, and the interest on on, the indebtedness evidenced by created under the NotesAgreement, all charges, fees and other sums as provided in the Loan Documents (including, without limitation, any prepayment fee); the principal of of, and interest on on, any future advances secured by this Mortgage; and that Mortgagor shall pay when due the principal of charges, fees and interest on any all other indebtedness secured by this Mortgagesums as provided in the Loan Documents.

Appears in 1 contract

Samples: Reimbursement Agreement (Lannett Co Inc)

Payment of Secured Obligations. Mortgagor shall pay when due the principal of of, and the interest on the indebtedness evidenced by the Notes, and all charges, fees and other sums as provided in amounts due under the Obligations and the Notes and shall otherwise comply with all the terms of the Senior Loan Agreement, the Loan Documents (includingDocuments, without limitationthe Security Agreement, any prepayment fee); the principal of Notes, the Prior Mortgage, this Mortgage and interest on any future advances secured by this Mortgage; and the principal of and interest on any other indebtedness secured by this Mortgageagreements related to the Security Agreement and Notes.

Appears in 1 contract

Samples: Open End Mortgage Deed and Security Agreement (General Datacomm Industries Inc)

Payment of Secured Obligations. Mortgagor shall pay when due the principal of of, and the interest on the indebtedness evidenced by the Notes, and all charges, fees and other sums as provided in amounts due under the Loan Documents (including, without limitation, any prepayment fee); Note shall otherwise comply with all the principal terms of and interest on any future advances secured by this Mortgage; and the principal of and interest on any other indebtedness secured by this Mortgage.

Appears in 1 contract

Samples: Credit Line Mortgage and Security Agreement (Sk Realty Ventures Inc)

AutoNDA by SimpleDocs

Payment of Secured Obligations. Mortgagor shall pay when due the principal of of, and the interest on on, the indebtedness evidenced by the NotesNote, all and the charges, fees and other sums as provided in the Loan Documents (including, without limitation, any prepayment fee); the principal of of, and interest on on, any future advances secured by this Mortgage; Mortgage and shall otherwise comply with all the principal terms of the Note, this Mortgage and interest on any all other indebtedness documents executed by Mortgagor in connection with the loan secured by this Mortgage, and that certain Construction Loan Agreement between Mortgagor and Mortgagee dated November 2, 1998 (collectively the "Loan Documents").

Appears in 1 contract

Samples: Mortgage and Security Agreement (Featherlite Inc)

Payment of Secured Obligations. Mortgagor shall pay when due the principal of of, and the interest on on, the indebtedness evidenced by the NotesNote, all and the charges, fees and other sums as provided in the Loan Documents (including, without limitation, any prepayment fee); the principal of of, and interest on on, any future advances secured by this Mortgage; Mortgage and shall otherwise comply with all the principal terms of the Note, the Loan Agreement, the L/C Facility and interest on any other indebtedness secured by this Mortgage.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Oriole Homes Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!