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Common use of Secured Indebtedness Clause in Contracts

Secured Indebtedness. The security interest granted hereby shall secure the prompt payment of the Obligations (as defined in the Loan Agreement) and the prompt performance of each of the covenants and duties under the Loan Documents (as defined in the Loan Agreement).

Appears in 7 contracts

Samples: Loan Agreement (Accentia Biopharmaceuticals Inc), Loan Agreement (Accentia Biopharmaceuticals Inc), Loan Agreement (Accentia Biopharmaceuticals Inc)

Secured Indebtedness. The security interest granted hereby shall secure the prompt payment of the Obligations (as defined in the Loan Agreement) and the prompt performance of each of the covenants and duties under this Agreement and the Loan Documents (as defined in the Loan Agreement)Documents.

Appears in 4 contracts

Samples: Loan and Security Agreement (Odyssey Marine Exploration Inc), Loan and Security Agreement (Odyssey Marine Exploration Inc), Loan and Security Agreement (Odyssey Marine Exploration Inc)