Secured Liabilities. Each obligation and liability whether:
(a) present or future, actual, contingent or unliquidated; or
(b) owed jointly or severally (or in any other capacity whatsoever), of each Obligor to any Finance Party under or in connection with each Finance Document is a Secured Liability.
Secured Liabilities. Security documents will secure:
Secured Liabilities. Security documents will secure the borrowing and guarantee obligations of the Issuer and each Guarantor respectively under the Notes Documents, in each case in accordance with, and subject to, the requirements of these Agreed Security Principles in each relevant jurisdiction.
Secured Liabilities. Each obligation and liability whether: (a) present or future, actual, contingent or unliquidated; or (b) owed jointly or severally (or in any other capacity whatsoever), of the Grantor to any Noteholder, the Trustee, the Paying Agent, the Registrar or the Collateral Agent under or in connection with each Finance Document is a Secured Liability.
Secured Liabilities. The Security Interests created by this Debenture are created to secure the full and punctual payment and performance of all the Company’s obligations pursuant to the Venture Loan Agreement together with all expenses and other amounts due or to become due from the Company under the terms of this Debenture including, without limitation, reasonable legal fees, the fees and costs of any Receiver and any other costs incurred in realizing the Security Interests granted hereunder (all such amounts, the “Secured Liabilities”).
Secured Liabilities. Each obligation and liability whether:
(a) present or future, actual, contingent or unliquidated; or
(b) owed jointly or severally (or in any other capacity whatsoever), of the Pledgor to any Noteholder, the Trustee or the Collateral Agent under or in connection with each Finance Document is a Secured Liability.
Secured Liabilities. Security documents will secure, subject to local law restrictions, all liabilities of Note Parties under the Note Documents in accordance with, and subject to, the terms of the Agreed Security Principles in each relevant jurisdiction.
Secured Liabilities. 3.1 The security created pursuant to Clause 2.1 shall stand as continuing security for the payment to the Agent and the discharge when due of the following:-
(i) all indebtedness and monies and all liabilities whatsoever, in whatever currency denominated, whether actual or contingent, present or future, of the Borrower to the Banks, or any of them, under the Credit Agreement in connection with: (x) the Tranche B Term Loans; and (y) its obligations to indemnify the Tranche B Lenders in respect of their obligations and liabilities to reimburse the Issuing Bank in respect of payments made and/or obligations and liabilities incurred by the Issuing Bank pursuant to or in connection with the Loan Notes Guaranty;
(ii) all reasonable costs (including legal costs), charges and expenses properly incurred by the Banks, or any of them, in connection with the enforcement, defence or protection of the security constituted by this Deed or the pursuit of any rights herein contained or under or in connection with the amounts referred to in sub-clause 3.1(i) above, this Deed and/or the Charged Property in each case on a full indemnity basis; and
(iii) interest on and in respect of any amounts due under the foregoing subclauses 3.1(i) and (ii) from day to day until full discharge (whether before or after judgment, liquidation, winding-up or administration (or the equivalent of any of the same) of the Chargor or the Borrower at such rate or rates as may from time to time be payable or deemed to be payable by the Borrower and compounded (whether before or after demand or judgment) in accordance with Section 2.8(b) of the -3- Credit Agreement or, if appropriate, in the case of any sum payable under sub-clause 3.1 (ii) above, at the rate of two per cent per annum over the Sterling Base Rate as defined in the Credit Agreement.
Secured Liabilities. Each of the Depositor and the Countersignors hereby unconditionally and irrevocably acknowledges and agrees that the Secured Liabilities will not be duly and fully discharged until each and every of their respective obligations and/or liabilities whatsoever provided for in Clause 2.1 (Liabilities arising under the Senior Finance Documents) and Clause 2.2 (Liabilities arising under this Agreement) have been duly and fully discharged.
Secured Liabilities all present and future monies, obligations and liabilities owed by the Borrower to the Beneficiary, whether actual or contingent and whether owed jointly or severally, as principal or surety or in any other capacity whatsoever, under or in connection with this deed (including, but not limited to those arising under clause 5.1, clause 12.1 or clause 20.3) or any of the Convertible Note Documents, together with all interest accruing on such monies and liabilities.