Principal Secured Sample Clauses

Principal Secured. This Mortgage secures the aggregate principal amount of up to $2,000,000 plus such additional amounts as Mortgagee may from time to time advance subsequent to a default by Mortgagor pursuant to the terms and conditions of this Mortgage, with respect to an obligation secured by a lien or encumbrance prior to the lien of this Mortgage or for the protection of the lien of this Mortgage, together with interest thereon. In the event that all or any part of the Premises is located in the State of New York, then, notwithstanding the language in the Granting Clause and Section 2.2 or anything else contained herein to the contrary, the maximum amount secured hereby at execution or which under any contingency may become secured hereby at any time hereafter is the Mortgage Amount and all interest, additional interest and late payment and prepayment charges in respect thereof, plus all amounts expended by Mortgagee following a default hereunder in respect of insurance premiums and real estate taxes, and all legal costs or expenses of collection of the debt secured hereby or of the defense or prosecution of the rights and lien created hereby.

Principal Secured. This County Deed of Trust secures the aggregate principal amount of Seventy-Three Thousand One Hundred Eighty and 00/100 Dollars ($73,180.00) plus such additional amounts as the County may from time to time advance pursuant to the terms and conditions of this County Deed of Trust and not met by Grantor, with respect to an obligation secured by a lien or encumbrance prior to the lien of this County Deed of Trust or for the protection of the lien of this County Deed of Trust, together with interest thereon.

Principal Secured. This Mortgage secures a loan made by Mortgagee on the date hereof to Mortgagor in the principal amount of Fifteen Million and No/100 Dollars ($15,000,000.00), plus such additional amounts as Mortgagee may from time to time advance pursuant to the terms and conditions of this Mortgage, with respect to an obligation secured by a lien or encumbrance prior to the lien of this Mortgage or for the protection of the lien of this Mortgage, together with interest thereon (the “NL Loan”). Without limiting the scope of the definition of Secured Indebtedness set forth in Section 1.5 hereof, this Mortgage secures accrued and unpaid interest and the unpaid balances of advances made by Mortgagee in accordance with the terms of this Mortgage for the payment of taxes, assessments, maintenance charges and insurance premiums with respect to the Property (as defined below), expenses incurred by Mortgagee for the protection of the Property or the lien of this Mortgage, expenses incurred by Mortgagee by reason of default by Mortgagor.

Principal Secured. This Deed of Trust secures the aggregate principal amount of Eleven Million Five Hundred Thousand Dollars ($11,500,000) plus such additional amounts as Lender may from time to time advance pursuant to the terms and conditions of this Deed of Trust and not met by Grantor, for advances for the protection of the lien of this Deed of Trust, together with interest thereon.

Principal Secured. This Amended and Restated Deed of Trust secures the aggregate principal amount of Nine Million Nine Hundred Ninety-Six Thousand One Hundred Seventy-One and 06/100 Dollars ($9,996,171.06) plus such additional amounts as the County may from time to time advance pursuant to the terms and conditions of this Amended and Restated Deed of Trust and any other monetary obligation owed by the Grantor to the County.

Principal Secured. This Amended and Restated Deed of Trust secures the aggregate principal amount of Eight Million Five Hundred Sixty Eight Thousand Seven Hundred Sixteen and 00/100 Dollars ($8,568,716.00) plus such additional amounts as the County may from time to time advance pursuant to the terms and conditions of this Amended and Restated Deed of Trust and not met by Grantor, with respect to an obligation secured by a lien or encumbrance prior to the lien of this Amended and Restated Deed of Trust or for the protection of the lien of this Amended and Restated Deed of Trust, together with interest thereon.

Principal Secured. This Mortgage secures the aggregate ----------------- principal amount of TWENTY SIX MILLION SEVEN HUNDRED TWENTY FIVE THOUSAND AND NO/100 DOLLARS ($26,725,000.00). The maximum aggregate principal amount which may be outstanding at any time under the Amended and Restated Revolving Credit Note and the Promissory Note is $26,725,000.00.

Principal Secured. This Amended and Restated Deed of Trust secures the aggregate principal amount of One Million Three Hundred Eighty-Eight Thousand Three Hundred Seventy-Eight and 00/100 Dollars ($1,388,378.00) plus such additional amounts as the County may from time to time advance pursuant to the terms and conditions of this Amended and Restated Deed of Trust and not met by Grantor, with respect to an obligation secured by a lien or encumbrance prior to the lien of this Amended and Restated Deed of Trust or for the protection of the lien of this Amended and Restated Deed of Trust and any other monetary obligation owed by the Grantor to the County.

Principal Secured. This Mortgage secures the aggregate principal amount of Sixty-Nine Million, Eight Hundred Thousand and No/100 Dollars ($69,800,000.00) plus other obligations as provided herein and such additional amounts as Mortgagee may from time to time advance pursuant to the terms and conditions of this Mortgage or for the protection of the lien of this Mortgage, together with interest thereon.