SECURED DEBTS. The term “Secured Debts” includes and this Agreement will secure each of the following:
SECURED DEBTS. I agree that this security agreement will secure the payment and performance of the debts, liabilities or obligations described below that (Check one) [ ] I [X] (name)FAITH WALK DESIGNS, INC. owes) to you now or in the future: (Check one below): [ ] Specific Debt(s). The debt(s), liability or obligations evidenced by (describe): __________________ and all extensions, renewals, refinancings, modifications and replacements of the debt, liability or obligation. [X] All Debt(s). Except In those cases listed In the "LIMITATIONS" paragraph on page 2, each and every debt, liability and obligation of every type and description (whether such debt, liability or obligation now exists or is Incurred or created in the future and whether it is or may be direct or indirect, due or to become due, absolute or contingent, primary or secondary, liquidated or unliquidated, or joint, several or joint and several).
SECURED DEBTS. This Security Agreement will secure the following debts (Secured Debts), together with all extensions, renewals, refinancings, modifications and replacements of the Secured Debts:
SECURED DEBTS. This Agreement will secure the following Secured Debts:
A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and replacements. A promissory note or other agreement, No. CL522040275-1, dated January 2, 2008, from me to you, in the amount of $5,000,000.00.
SECURED DEBTS refers to all direct and indirect losses and loss of any foreseeable interests suffered by the Pledgee as a result of any Default Event by the Pledgor and/or the Domestic-funded Company; and the costs incurred by the Pledgee for enforcing the performance by the Pledgor and the Domestic-funded Company of their Contractual Obligations and the costs of realizing the pledge.
SECURED DEBTS. The term “Secured Debts” includes and this Security Instrument will secure each of the following:
SECURED DEBTS. This Agreement will secure all some advanced by Secured Party under the terms of this Agreement and the payment and performance of the following described Secured Debts that (check one)[X] Debtor [ ] ________________________________________ (Borrower) owes to Secured party: [ ] SPECIFIC DEBTS. The following debts and all extensions, renewals, refinancings, modifications, and replacements (describe): [X] ALL DEBTS. All present and future debts, even if this Agreement is not referenced, the debts are also secured by other collateral, or the future debt is unrelated to or of a different type than the current debt. Nothing in this Agreement is a commitment to make future loans or advances.
SECURED DEBTS. This Agreement will secure all sums advanced by Secured Party under the terms of this Agreement and the payment and performance of the following described Secured Debts that Debtor owes to Secured Party.
SECURED DEBTS. This Agreement will secure all sums advanced by Secured Party under the terms of this Agreement and the payment and performance of the following described Secured Debts that (check one) þ Debtor o (Borrower) owes to Secured Party: þ Specific Debts. The following debts and all extensions, renewals, refinancings, modifications, and replacements (describe): PROMISSORY NOTE FOR $500,000.00 DATED 06/30/2008. o All debts. All present and future debts, even if this Agreement is not referenced, the debts are also secured by other collateral, or the future debt is unrelated to or of a different type than the current debt. Nothing in this Agreement is a commitment to make future loans or advances.
SECURED DEBTS. The Pledgor and the Target Company agree that the pledge of shares under Clause 2 hereof (“Pledge of Shares”) shall be completed to secure all obligations and debts assumed by the obligor to the Lender/Pledgee under Finance Documents (whether actual or threatened, and whether incurred by the obligor individually or jointly with others, or otherwise), including, without limitation, the principal, interest, compound interest and default interest, liquidated damages, costs and expenses incurred for realization of the claims under Finance Documents, and costs and expenses incurred for retention and maintenance of the pledge/collateral (collectively, the “Secured Debts”). Interest, default interest and compound interest shall be calculated according to the Facility Agreement untill the debts are discharged in full. Costs and expenses incurred for realization of the claims under Finance Documents include, without limitation, taxes applicable to transfer of the pledge/collateral, announcement fee, fee for service of process, expert’s fee, attorney’s fee, arbitration cost, legal cost, travel cost, evaluation cost, auction cost, property preservation cost, and specific performance cost. Non-RMB currency shall be converted into RMB at the RMB middle exchange rate published by the People’s Bank of China on the business day prior to the actual date when the specific transaction occurs.
