Common use of Secured Liabilities Clause in Contracts

Secured Liabilities. The Security Interests created by this Debenture are created to secure the full and punctual payment and performance of all the obligations of the Company and the Co-Borrowers pursuant to the Loan Agreement, or to any amendment thereof with all expenses and other amounts due or to become due from the Company and the Co-Borrowers under the terms of this Debenture including, without limitation, reasonable legal fees, fees and out-of-pocket costs of any Receiver and any other reasonable, necessary and actual costs incurred in realizing the Security Interests granted hereunder (all such amounts, the “Secured Liabilities”).

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 of the Company and the Co-Borrowers pursuant to the Venture Loan Agreement, or to any amendment thereof Agreement together with all expenses and other amounts due or to become due from the Company and the Co-Borrowers under the terms of this Debenture including, without limitation, reasonable legal fees, the fees and out-of-pocket costs of any Receiver and any other reasonable, necessary and actual costs incurred in realizing the Security Interests granted hereunder (all such amounts, the “Secured Liabilities”).

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 and/or WhiteSmoke Inc.’s obligations of the Company and the Co-Borrowers pursuant to the Venture Loan Agreement, or to any amendment thereof Agreement together with all expenses and other amounts due or to become due from the Company and the Co-Borrowers under the terms of this Debenture including, without limitation, reasonable legal fees, the fees and out-of-pocket costs of any Receiver and any other reasonable, necessary and actual costs incurred in realizing the Security Interests granted hereunder (all such amounts, the “Secured Liabilities”).