Common use of Principal Secured Clause in Contracts

Principal Secured. This Deed of Trust secures the aggregate principal amount of Twelve Million Seven Hundred Thousand Dollars ($12,700,000) plus such additional amounts as Lender may from time to time advance pursuant to the terms and conditions of this Deed of Trust for advances for the protection of the lien of this Deed of Trust, together with interest thereon.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Rents and Leases, Security Agreement and Financing Statement (Interline Resources Corp)

AutoNDA by SimpleDocs

Principal Secured. This Deed of Trust secures the aggregate principal amount of Twelve Million Seven Hundred Thousand one million seven hundred forty five thousand six hundred fifty six dollars and 25/100 Dollars ($12,700,0001,745,656.25) plus such additional amounts additionalamounts as Lender may from time to time advance pursuant to the terms and conditions of this Deed of Trust for advances 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: Deed of Trust (American Medical Technologies Inc/De)

Principal Secured. This Deed of Trust secures the aggregate principal amount of Twelve Eleven Million Seven Five Hundred Thousand Dollars ($12,700,00011,500,000) 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.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Rents and Leases, Security Agreement and Financing Statement (Interline Resources Corp)

AutoNDA by SimpleDocs

Principal Secured. This Deed of Trust secures the aggregate principal amount of Twelve Eleven Million Seven Five Hundred Thousand Dollars ($12,700,00011,500,000) 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 Borrower or Grantor under its Guaranty, for the advances for the protection of the lien of this Deed of Trust, together with interest thereon.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Rents and Leases, Security Agreement and Financing Statement (Interline Resources Corp)

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