PURPOSE OF SECURING. Trustor makes the grant, conveyance, transfer and assignment set forth in Article 1 (Grant in Trust), makes the assignment set forth in Article 3 (Assignment of Leases and Rents), and grants the security interest set forth in Article 4 (Security Interest in Related Personalty), all for the purpose of securing the following obligations (the “Secured Obligations”) in any order of priority that Lxxxxx may choose:
(a) Payment of the indebtedness evidenced by that certain Promissory Note of even date herewith given by Trustor in favor of Lxxxxx, [__________] Dollars ([__________]), and having a final maturity date of [__________] (as the same may be increased, renewed, amended, restated, or otherwise modified from time to time, the “Promissory Note”), together with all interest, late charges, prepayment fees, additional interest, collection costs, fees, and expenses as provided in the Promissory Note;
(b) Payment and performance of all obligations of Trustor under this Deed of Trust;
(c) Prompt and complete performance and observance of each and every covenant, obligation, or agreement of Trustor contained in this Deed of Trust or contained in any other document or instrument given by Trustor to further evidence or secure the indebtedness represented by the Promissory Note, but excluding any separate environmental indemnity; and
(d) Payment of any additional sums (and accrued interest) that may be loaned or advanced by Lender to Trustor under any promissory note or notes evidencing Payment of any additional sums (and accrued interest) that may be loaned or advanced by Lender to Trustor under any promissory note or notes evidencing loans that specifically state that they are secured by this Deed of Trust. This Deed of Trust also secures payment of all obligations of Trustor under the Promissory Note which arise after the Promissory Note is extended, renewed, modified or amended pursuant to any written agreement between Trustor and Lender, and all obligations of Trustor under any successor agreement or instrument which restates and supersedes the Promissory Note in its entirety. This Deed of Trust does not secure any obligation which expressly states that it is unsecured, whether contained in the foregoing Promissory Note or in any other document, agreement or instrument. Without limiting the generality of the foregoing, this Deed of Trust does not and shall not in any event be deemed to, secure the obligations of Trustor owing to Lender under the Environmental I...
PURPOSE OF SECURING. The payment and performance of each and every obligation of Assignor contained in the Indenture and in Assignor’s Lease Revenue Bonds, Series 2021, and any Additional Bonds or Refunding Bonds (as defined in the Indenture) (collectively, the “Bonds”); and
PURPOSE OF SECURING. The debt evidenced by that certain Promissory Note (such Promissory Note, together with any and all renewals, amendments, modifications, consolidations and extensions thereof, is hereinafter referred to as the "Note") of even date with this Deed of Trust, made by Grantor payable to the order of Beneficiary in the principal face amount of Two Million Five Hundred Thousand and No/100 Dollars ($2,500,000.00), together with interest as therein provided;
PURPOSE OF SECURING. Payment of the indebtedness evidenced by the Promissory Note (the "Note"), given by Borrower to Lender in the amount of $5,000,000.00, dated of even date herewith, and together with any interest and all other charges under the Note, and any renewals, extensions, supplements and modifications of the Note.
PURPOSE OF SECURING. Mxxxxxxxx makes the grant, conveyance, transfer and assignment set forth in Article 1 (Gxxxx), makes the irrevocable and absolute assignment set forth in Article 3 (Assignment of Leases and Rents), and grants the security interest set forth in Article 4 (Security Interest in Related Personalty), all for the purpose of securing the following obligations (the “Secured Obligations”) in any order of priority that Mortgagee may choose:
(a) Payment of the indebtedness evidenced by that certain Promissory Note of even date herewith given by Mortgagor in favor of Mortgagee, pursuant to which Mortgagee made a loan to Mortgagor in the maximum principal amount of [______________] Dollars ([______________]), and having a final maturity date of [______________] (as the same may be increased, renewed, amended, restated, or otherwise modified from time to time, the “Promissory Note”), together with all interest, late charges, prepayment fees, additional interest, collection costs, fees, and expenses as provided in the Promissory Note, and any future advances of amounts available for borrowing under the Promissory Note, to the fullest extent permitted under applicable law;
(b) Payment and performance of all obligations of Mortgagor under this Mortgage;
(c) Prompt and complete performance and observance of each and every covenant, obligation, or agreement of Mortgagor contained in this Mortgage or contained in any other document or instrument given by Mxxxxxxxx to further evidence or secure the indebtedness represented by the Promissory Note, but excluding any separate environmental indemnity; and
(d) Payment of any additional sums (and accrued interest) that may be loaned or advanced by Mortgagee to Mortgagor under any promissory note or notes evidencing loans that specifically state that they are secured by this Mortgage. This Mortgage also secures payment of all obligations of Mortgagor under the Promissory Note which arise after the Promissory Note is extended, renewed, modified or amended pursuant to any written agreement between Mortgagor and Mortgagee, and all obligations of Mortgagor under any successor agreement or instrument which restates and supersedes the Promissory Note in its entirety. This Mortgage does not secure any obligation which expressly states that it is unsecured, whether contained in the foregoing Promissory Note or in any other document, agreement or instrument. Unless specifically described in subparagraph (a) above, “Secured Obligations” shall ...
PURPOSE OF SECURING. Payment of the indebtedness, with interest thereon, under the Agreement and any and all modifications, extensions and renewals thereof.
PURPOSE OF SECURING. The debt evidenced by that certain Promissory Note (such Promissory Note; together with any and all renewals, modifications, amendments, restatements, consolidations, substitutions, replacements, and extensions thereof, is hereinafter referred to as the "Note") of even date with this Security Instrument, made by Grantor and payable to the order of Beneficiary in the original principal amount of FOURTEEN MILLION AND NO/00
PURPOSE OF SECURING. (i) the payment of the Loan and all interest, late charges, prepayment premium, if any, and other indebtedness evidenced by or owing under the Note, any of the other Loan Documents, together with any extensions, modifications, renewals or refinancings of any of the foregoing; (ii) the performance and observance of the covenants, conditions, agreements, representations, warranties and other liabilities and obligations of the Mortgagor or any other obligor to or benefiting the Lender which are evidenced or secured by or otherwise provided in the Note, this Mortgage or any of the other Loan Documents; and (iii) the reimbursement to the Lender of any and all sums incurred, expended or advanced by the Lender pursuant to any term or provision of or constituting additional indebtedness under or secured by this Mortgage or any of the other Loan Documents, with interest thereon as provided herein or therein (collectively, the “Obligations”).
PURPOSE OF SECURING. The debt evidenced by that certain Promissory Note (such Promissory Note, together with any and all renewals, modifications, amendments, restatements, consolidations, substitutions, replacements and extensions thereof, is hereinafter referred to as the “Note”) of even date with this Deed of Trust, made by Grantor and payable to the order of Beneficiary in the original principal 3 amount of FOUR MILLION NINE HUNDRED SIXTY -EIGHT THOUSAND SEVEN HUNDRED FIFTY AND NO/100 DOLLARS ($4,968,750.00) (the “Loan" or the “Loan Amount”), together with interest and any fees as therein provided which, if not accelerated due to a default or other circumstance permitting acceleration to Beneficiary, the remaining principal balance of the Note and all accrued and unpaid interest thereon shall be due and payable in full on November 11, 2012;
PURPOSE OF SECURING. Full and timely payment and performance by Trustor of each and every agreement, covenant, term and condition of (i) that certain Loan Agreement of even date herewith among Trustor and each Beneficiary (as amended, hereinafter referred to as the "Loan Agreement"); (ii) that certain Refining Agreement of even date herewith between Trustor and Xxxxxx (as amended, the "Refining Agreement"); (iii) that certain Trading Agreement of even date herewith between Trustor and Xxxxxx (as amended, the "Trading Agreement"), (iv) that certain Secured Promissory Note of even date herewith issued by Trustor to BHF pursuant to the Loan Agreement and that certain Secured Promissory Note of even date herewith issued by Trustor to Xxxxxx pursuant to the Loan Agreement (each a Note and, collectively, the "Notes"); and (v) all other agreements and instruments now or hereafter securing either of the Note or the Loan Agreement (the documents referred to in the immediately preceding clauses (i) through (v), inclusive, collectively the "Loan Documents" and individually as a "Loan Document").
