Common use of Secured Obligations; Pledge Agreement Clause in Contracts

Secured Obligations; Pledge Agreement. (a) All Reimbursement Obligations, all interest accrued thereon and all other amounts from time to time payable by MSMI hereunder, and the performance by MSMI of all its obligations and covenants hereunder, are subject to, and secured pursuant to, the Security Agreement dated June 28, 2006, by and between MSMI and the Fund. (b) All Reimbursement Obligations, all interest accrued thereon and all other amounts from time to time payable by MSMI hereunder, and the performance by MSMI of all its obligations and covenants hereunder, are subject to, and secured pursuant to, the Pledge Agreement dated June 28, 2006, by and between MSMI and the Fund.

Appears in 4 contracts

Samples: Guarantee Fee, Reimbursement and Indemnification Agreement, Guarantee Fee, Reimbursement and Indemnification Agreement (Vicis Capital, LLC), Guarantee Fee, Reimbursement and Indemnification Agreement (Medical Solutions Management Inc.)

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