Secured definition
Examples of Secured in a sentence
The Company agrees to furnish any such information to the Secured Party promptly upon request.
The Company will (a) give the Secured Party at least 30 days’ prior written notice of any change in the Company’s name, identity, or organizational structure, (b) maintain its jurisdiction of incorporation, organization or formation as set forth on Schedule 4.4 attached hereto, (c) immediately notify the Secured Party upon obtaining an organizational identification number, if on the date hereof the Company did not have such identification number.
The Secured Party, in turn, acknowledges that this paragraph shall not be construed as a restriction or prohibition on the Company’s rights to file any voluntary petition or make application for or seek relief or protection under the United States Bankruptcy Code.
Secured Party may, but shall not be required to, perform any or all of such obligations of the Company under any of the License Agreements, including, but not limited to, the payment of any or all sums due from the Company thereunder.
The Company also ratifies its authorization for the Secured Party to have filed in any jurisdiction any initial financing statements or amendments thereto if filed prior to the date hereof.