Obligations Secured definition

Obligations Secured means your present and future obligations to pay the indebtedness secured by the Mortgage in accordance with your promises and agreements pertaining to same (including those contained in the Mortgage, those contained in the Loan Agreement and those contained in any other present or future agreement which you and we may enter into, modifying or adding to the Obligations Secured or any of them), together with all other obligations which you now or in the future owe to us under the terms of the Mortgage.

Obligations Secured means all present and future debts, expenses and liabilities, direct or indirect, absolute or contingent, due, owing or accruing due or owing from time to time by the Trust to the Specified Creditors in their capacity as such. For greater certainty, amounts owing to any Specified Creditors by the Trust, at any time, shall include (i) the unpaid face amount of any Notes issued on a discount basis, discounted to their present value using a discount rate equivalent to the yield to maturity of such Notes when it was issued; (ii) the principal amount together with the accrued and unpaid interest on interest bearing Notes; and (iii) accrued fees, whether or not then due and payable;

Obligations Secured means, collectively, the obligations secured by this Pledge Agreement as described in paragraphs 2, 3 and 4 below;

Examples of Obligations Secured in a sentence

• Notwithstanding anything to the contrary contained in this Mortgage, this Mortgage is only intended as security for the Obligations Secured and the Secured Parties shall not be obligated to perform or discharge, and do not hereby undertake to perform or discharge, any obligation, duty or liability of the Mortgagor with respect to any of the Mortgaged Property.

• The Mortgagor agrees to indemnify each Secured Party against liability on account of such documentary stamps, taxes, assessments or impositions, whether such liability arises before or after payment of the Obligations Secured and regardless of whether this Mortgage shall have been released.

• The receiver, out of the Rents when collected, may pay reasonable costs incurred in the management and operation of the Real Property, prior and subordinate liens, if any, and taxes, assessments, water and other utilities and insurance, then due or thereafter accruing, and may make and pay for any necessary repairs to the Real Property, and may pay any part of the Obligations Secured in accordance with the Loan Agreement or any deficiency decree entered in such foreclosure proceeding.

• It is agreed that the obligations of the Senior Representative and the rights of the Junior Representative and the other Junior Secured Obligations Secured Parties in connection with any such bailment arrangement will be in all respects subject to the provisions of Article II.

• Notwithstanding anything to the contrary contained in this Deed of Trust, this Deed of Trust is only intended as security for the Obligations Secured and the Secured Parties shall not be obligated to perform or discharge, and do not hereby undertake to perform or discharge, any obligation, duty or liability of the Grantor with respect to any of the Mortgaged Property.

More Definitions of Obligations Secured

Obligations Secured means all present and future debts, expenses and liabilities, direct or indirect, absolute or contingent, due, owing or accruing due or owing from time to time by the Trust to Noteholders in their capacity as such.

Obligations Secured means the Loans, and all other obligations, liabilities and indebtedness now or hereafter owing by you to us, whether reduced or extinguished from time to time and afterwards increased, and whether any of such liabilities or indebtedness arise from dealings between us or from any other dealings or proceedings by which we may be or become, in any manner whatsoever, a creditor of you, and whether such obligations, liabilities and indebtedness are incurred by you alone or with any other person, and whether so incurred by you as principal, guarantor, surety or otherwise;

Obligations Secured. The following items of indebtedness are secured hereby: A. All Obligations (including all future advances, if any, to be made under the Credit Agreement by the Lenders), and all other obligations and liabilities of Trustor and the other Loan Parties under the Credit Agreement and the other Loan Documents; B. Any sums advanced or expenses or costs incurred by the Trustee, the Agent or any of the Secured Parties (or any receiver appointed hereunder) which are made or incurred pursuant to, or permitted by, the terms hereof, plus interest thereon at the rate herein specified or otherwise agreed upon, from the date of the advances or the incurring of such expenses or costs until reimbursed; C. Any and all other indebtedness of Trustor to any Lender or any Affiliate of such Lender now or hereafter owing whether direct or indirect, primary or secondary, fixed or absolute or contingent, joint or several, regardless of how evidenced or arising including, without limitation, all Hedging Obligations arising under Hedging Agreements; and D. Any extensions, refinancings, modifications or renewals of all such indebtedness described in subparagraphs (A) through (C) above, whether or not Trustor executes any extension agreement or renewal instrument.

Obligations Secured. The Security Interest granted hereby secures payment, performance and satisfaction of the Obligations.

Obligations Secured as defined in this Mortgage shall include, without limitation, any judgment(s) or final decree(s) rendered to collect any money obligations of Mortgagor to Lenders and/or to enforce the performance or collection of all covenants, agreements, other obligations and liabilities of the Mortgagor under this Mortgage or any or all of the Loan Documents. The obtaining of any judgment by Lenders (other than a judgment foreclosing this Mortgage) and any levy of any execution under any such judgment upon the Mortgaged Property shall not affect in any manner or to any extent the lien of this Mortgage upon the Mortgaged Property or any part thereof, or any liens, powers, rights and remedies of Lenders, but such liens, powers, rights and remedies shall continue unimpaired as before until the judgment or levy is satisfied.

Obligations Secured all Obligations Secured relating to the holders of such Notes and to Specified Creditors under the Related Programme Agreements including the Related Expenses;

Obligations Secured. The obligations (collectively "Secured Obligations") secured hereby include: a. Any and all of the indebtedness and obligations of Debtor under the Note and this Security Agreement, and any and all assignments, renewals, extensions, modifications and substitutions thereof, including, but not limited to, payment of all principal and interest; and, b. Payment of any and all attorneys' fees and expenses incurred by Secured Party in the exercise, preservation or enforcement of the rights of Secured Party under this Security Agreement, including any expenses incurred by Secured Party in performing for Debtor's account any obligation of Debtor under this Security Agreement.