Common use of Principal Secured Clause in Contracts

Principal Secured. This Deed of Trust secures the aggregate principal amount of one million seven hundred forty five thousand six hundred fifty six dollars and 25/100 Dollars ($1,745,656.25) plus such additionalamounts as Lender may from time to time advance pursuant to the terms and conditions of this 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 Deed of Trust or for the protection of the lien of this Deed of Trust, together with interest thereon.

Appears in 1 contract

Samples: And Security Agreement (American Medical Technologies Inc/De)

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Principal Secured. This Deed of Trust secures the aggregate principal amount of one million seven hundred forty five thousand six hundred fifty six dollars and 25/100 Twelve Million Seven Hundred Thousand Dollars ($1,745,656.2512,700,000) plus such additionalamounts 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, with respect to an obligation secured by a lien or encumbrance prior to the lien of this Deed of Trust or for advances for the protection of the lien of this Deed of Trust, together with interest thereon.

Appears in 1 contract

Samples: Security Agreement (Interline Resources Corp)

Principal Secured. This Deed of Trust secures the aggregate principal amount of one million seven hundred forty five thousand six hundred fifty six dollars and 25/100 Eleven Million Five Hundred Thousand Dollars ($1,745,656.2511,500,000) plus such additionalamounts 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 GrantorBorrower or Grantor under its Guaranty, with respect to an obligation secured by a lien or encumbrance prior to for the lien of this Deed of Trust or advances for the protection of the lien of this Deed of Trust, together with interest thereon.

Appears in 1 contract

Samples: Interline Resources Corp

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Principal Secured. This Deed of Trust secures the aggregate principal amount of one million seven hundred forty five thousand six hundred fifty six dollars and 25/100 Eleven Million Five Hundred Thousand Dollars ($1,745,656.2511,500,000) plus such additionalamounts 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, with respect to an obligation secured by a lien or encumbrance prior to the lien of this Deed of Trust or for advances for the protection of the lien of this Deed of Trust, together with interest thereon.

Appears in 1 contract

Samples: Interline Resources Corp

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