Scope of Secured Obligations Sample Clauses

Scope of Secured Obligations. The security interests granted under this Section 7.14 will ratably secure the Obligations hereunder (including obligations under Swap Contracts between a Loan Party and a Lender or its affiliates to the extent permitted hereunder and obligations under Treasury Management Agreements between a Loan Party and a Lender or its affiliates).
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Scope of Secured Obligations. The Creditor has explained that the Assignor may select one of the following three types of the scope of secured obligations covered hereby, and the Assignor shall provide security for the type of debt specified in each box below (including interest, late charge and other ancillary debt) in favor of the Creditor. Any and all obligations, debts and liabilities of the Debtor to the Creditor, presently existing or to be incurred hereinafter, arising out of, connected with or related to the banking transactions pursuant to the following agreements; Agreement dated , 20 Agreement dated , 20 Any and all obligations, debts and liabilities of the Debtor to the Creditor, presently existing or to be incurred hereinafter, arising out of, connected with or related to the following transactions. [ ] Transaction, [ ] Transaction [ ] Transaction, [ ] Transaction Any and all obligations, debts and liabilities of the Debtor to the Creditor, presently existing or to be incurred hereinafter, arising out of, connected with or related to following transactions; ① loans against bills, discounting of bills, loans by deed, overdrafts, payment guarantees (including debenture payment guarantees), sales of bonds, mutual savings transaction s, lending of instruments and securities, foreign exchange transactions and all other cre dit transactions ② any and all credit card transactions (in the event that a third party except the Debtor pr ovides a collateral, such transactions shall be excluded.) ③ guarantee obligations under transactions as described in ① above which the Creditor makes with a third party ④ obligations under promissory notes or checks which the Creditor acquires from a third party in connection with transactions described in ① above.
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Scope of Secured Obligations. 2.1 The obligations secured hereunder include all obligations or debts (the “Secured Obligations”) due and payable by Party B and Party C under the Series of Cooperation Agreements (as renewed, amended and/or supplemented), including but not limited to the management and consulting service fees payable by Party B and Party C under the Series of Cooperation Agreements, interest, liquidated damages, compensation, costs of realizing claims, losses and all other amounts payable by Party B and Party C to Party A for their breach of the contract, damages (including but not limited to direct, indirect and consequential damages, and loss of anticipated profits) payable to the Pledgee due to invalidity, cancellation or termination of the Series of Cooperation Agreements, as well as all costs incurred by Party A for the purpose of enforcing the contractual obligations of Party C and/or Party B, etc. The aforesaid obligations or debts constitute the entire scope of secured obligations hereunder. 2.2 The validity of the security hereunder shall not in any way be affected by any amendment or change to any of the Series of Cooperation Agreements. No invalidity, cancellation or termination of any of the Series of Cooperation Agreements shall affect the validity of this Agreement. If any of the Series of Cooperation Agreements is held invalid or cancelled or terminated for any reasons, then the Pledgee shall be entitled to immediately realize the pledge in accordance with the provisions of Article 10 hereof.
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Scope of Secured Obligations. Subject to Section 9.03, the security interests granted under this Section 7.14 will ratably secure the Obligations.
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Scope of Secured Obligations. The Creditor has explained that the Mortgagor may select one type of secured obligation from the following three (3) types of secured obligations varying in the scope of the secured obligations, and the Mortgagor agrees to provide the secured obligations (including interest, default interest and other incidental obligations) specified below in
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Scope of Secured Obligations. Notwithstanding anything set forth in the Credit Agreement or the other Loan Documents to the contrary, on and after the Second Amendment Effective Date nothing in the Credit Agreement or other Loan Documents shall limit or otherwise restrict the ability of the Cayman Borrower, the Cayman Subsidiary Guarantors or any other Foreign Subsidiaries to (x) guarantee the U.S. Obligations or (y) grant a security interest to secure, or otherwise provide credit support for, any of the U.S. Obligations; it being understood and agreed that the intention of the parties is for the Cayman Borrower, the Cayman Subsidiary Guarantors and the other Foreign Subsidiaries to provide credit support for the U.S. Obligations on the same terms as they provide credit support for the Foreign Obligations.
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Scope of Secured Obligations. The Creditor has explained to the Mortgagor that the Mortgagor may elect to grant one of the following three (3) types of mortgages, and the Mortgagor hereby elects to have: granted to secure its obligations (including interest, default interest, and other incidental obligations). (i) Specified kun-mortgage: all obligations owed by the Obligor to the Creditor (including its head office and branch offices), which are existing now or will exist hereafter arising from or in connection with the following agreements: - Foreign currency credit facility agreement dated as of ; and - agreement dated as of ; (ii) Limited kun-mortgage: all obligations owed by the Obligor to the Creditor (including its head office and branch offices), which are existing now or will exist hereafter arising from or in connection with the following transactions: - transaction; and - transaction; (iii) All-inclusive kun-mortgage: all of the following obligations owed by the Obligor to the Creditor (including its head office and branch offices), which are existing now or will exist hereafter: (a) all obligations arising from or in connection with borrowings based on promissory notes, certificates or overdraft accounts, promissory note discounts, payment guarantee, factoring, transactions relating to installment deposits for mutual aid (sanghobukeum), transfer of corporate bonds, lending of securities, foreign exchange transactions, and other credit transactions; (b) all obligations arising from or in connection with credit card transactions (except where a third party other than the Obligor provides property as security); (c) all obligations under a guarantee relating to any transaction set forth in paragraph (a) and entered into between the Creditor and a third party; and (d) all obligations under promissory notes or cheques acquired by the Creditor in connection with any transaction set forth in paragraph (a) and entered into between the Creditor and a third party.
Sample 1
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Scope of Secured Obligations. Subject to Section 9.03, the security interests granted under this Section 7.14 will ratably secure the Obligations (including obligations under Swap Contracts (other than Excluded Swap Obligations) between AWI or any of its Subsidiaries and a Lender or its affiliates to the extent permitted hereunder and obligations under Treasury Management Agreements between AWI or any of its Subsidiaries and a Lender or its affiliates).
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Related to Scope of Secured Obligations

  • Payment of Secured Obligations Grantor will pay and perform or cause to be paid and performed the Secured Obligations according to the tenor thereof and all other sums now or hereafter secured hereby as the same shall become due.

  • Revival of Secured Obligations This Agreement and the Loan Documents shall remain in full force and effect and continue to be effective if any petition is filed by or against Borrower for liquidation or reorganization, if Borrower becomes insolvent or makes an assignment for the benefit of creditors, if a receiver or trustee is appointed for all or any significant part of Borrower’s assets, or if any payment or transfer of Collateral is recovered from Agent or Lender. The Loan Documents and the Secured Obligations and Collateral security shall continue to be effective, or shall be revived or reinstated, as the case may be, if at any time payment and performance of the Secured Obligations or any transfer of Collateral to Agent, or any part thereof is rescinded, avoided or avoidable, reduced in amount, or must otherwise be restored or returned by, or is recovered from, Agent, Lender or by any obligee of the Secured Obligations, whether as a “voidable preference,” “fraudulent conveyance,” or otherwise, all as though such payment, performance, or transfer of Collateral had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, avoided, avoidable, restored, returned, or recovered, the Loan Documents and the Secured Obligations shall be deemed, without any further action or documentation, to have been revived and reinstated except to the extent of the full, final, and indefeasible payment to Agent or Lender in Cash.

  • Grant of Security and Secured Obligations SECTION 2.1. Pledge; Grant of Security Interest 6 SECTION 2.2. Secured Obligations 7 SECTION 2.3. Security Interest 7

  • Continuing Agreement, Transfer of Secured Obligations This Agreement is a continuing agreement and shall (a) subject to Section 5.3, remain in full force and effect until the Discharge of ABL Obligations shall have occurred, (b) be binding upon the Parties and their successors and assigns, and (c) inure to the benefit of and be enforceable by the Parties and their respective successors, transferees and assigns. Nothing herein is intended, or shall be construed to give, any other Person any right, remedy or claim under, to or in respect of this Agreement or any Common Collateral. All references to any Grantor shall include any Grantor as debtor-in-possession and any receiver or trustee for such Grantor in any Insolvency Proceeding. Without limiting the generality of the foregoing clause (c), the ABL Collateral Agent, any ABL Secured Party, the New First Lien Collateral Agent and any New First Lien Secured Party may assign or otherwise transfer all or any portion of the ABL Obligations or the New First Lien Obligations, as applicable, to any other Person (other than the Company, any Grantor or any Affiliate of the Company or any Grantor and any Subsidiary of the Company or any Grantor), and such other Person shall thereupon become vested with all the rights and obligations in respect thereof granted to the ABL Collateral Agent, the New First Lien Collateral Agent, any ABL Secured Party or any New First Lien Secured Party, as the case may be, herein or otherwise. The ABL Secured Parties and the New First Lien Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide Indebtedness to, or for the benefit of, any Grantor on the faith hereof.

  • Unsecured Obligations The obligations of the Company to the Purchasers under the Subordinated Notes shall be unsecured.

  • Unsecured Obligation Your Award is unfunded, and as a holder of a vested Award, you shall be considered an unsecured creditor of the Company with respect to the Company’s obligation, if any, to issue shares or other property pursuant to this Agreement. You shall not have voting or any other rights as a stockholder of the Company with respect to the shares to be issued pursuant to this Agreement until such shares are issued to you pursuant to Section 6 of this Agreement. Upon such issuance, you will obtain full voting and other rights as a stockholder of the Company. Nothing contained in this Agreement, and no action taken pursuant to its provisions, shall create or be construed to create a trust of any kind or a fiduciary relationship between you and the Company or any other person.

  • Secured Obligation The obligations of the Company under this Debenture are secured by all assets of the Company and each Subsidiary pursuant to the Security Agreement, dated as of February 22, 2011, between the Company, the Subsidiaries of the Company and the Secured Parties (as defined therein) (the “Security Agreement”) and further agreements with respect to certain foreign assets of the Company and its Subsidiaries.

  • Security for Secured Obligations This Patent Security Agreement and the Security Interest created hereby secures the payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Patent Security Agreement secures the payment of all amounts which constitute part of the Secured Obligations and would be owed by Grantors, or any of them, to Agent, the other members of the Lender Group, the Bank Product Providers or any of them, whether or not they are unenforceable or not allowable due to the existence of an Insolvency Proceeding involving any Grantor.

  • Secured Obligations The Collateral secures the due and prompt payment and performance of: (a) the obligations of the Grantor from time to time arising under the Note, the Purchase Agreement, this Agreement, the other Transaction Documents or otherwise with respect to the due and prompt payment of (i) the principal of and premium, if any, and interest on the Note (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all other monetary obligations, including fees, commissions, costs, attorneys’ fees and disbursements, reimbursement obligations, contract causes of action, expenses and indemnities, whether primary, secondary, direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), of the Grantor under or in respect of the Note, the Purchase Agreement and this Agreement; and (b) all other covenants, duties, debts, obligations and liabilities of any kind of the Grantor under or in respect of the Note, the Purchase Agreement, this Agreement, the other Transaction Documents or any other document made, delivered or given in connection with any of the foregoing, in each case whether evidenced by a note or other writing, whether allowed in any bankruptcy, insolvency, receivership or other similar proceeding, whether arising from an extension of credit, issuance of a letter of credit, acceptance, loan, guaranty, indemnification or otherwise, and whether primary, secondary, direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, fixed or otherwise (all such obligations, covenants, duties, debts, liabilities, sums and expenses set forth in this Section 3 being herein collectively called the “Secured Obligations”).

  • Secured Party Performance of Debtor Obligations Without having any obligation to do so, the Administrative Agent may perform or pay any obligation which any Grantor has agreed to perform or pay in this Security Agreement and the Grantors shall reimburse the Administrative Agent for any amounts paid by the Administrative Agent pursuant to this Section 8.4. The Grantors’ obligation to reimburse the Administrative Agent pursuant to the preceding sentence shall be a Secured Obligation payable on demand.

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