Secured Obligations definition

Secured Obligations shall have the meaning assigned in Section 3.1.

Secured Obligations has the meaning specified in the Security Agreement.

Secured Obligations means all Obligations, together with (a) all Banking Services Obligations and (b) all Secured Hedging Obligations.

Examples of Secured Obligations in a sentence

• Without limiting the generality of the foregoing clause (c), any assignee of the Secured Party’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment in accordance with this Section, Successors and Assigns of the Loan Agreement, become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

• The Pledgor shall remain liable for any deficiency if such cash and the cash Proceeds of any sale or other realization of the Collateral are insufficient to pay the Secured Obligations and the fees and other charges of any attorneys employed by the Secured Party to collect such deficiency.

• The Pledgor hereby waives and releases to the fullest extent permitted by law any right or equity of redemption with respect to the Collateral, whether before or after sale hereunder, and all rights, if any, of marshalling the Collateral and any other security for the Secured Obligations or otherwise.

• Any surplus of such cash or cash Proceeds held by the Secured Party and remaining after payment in full of all the Secured Obligations shall be paid over to the Pledgor or to whomsoever may be lawfully entitled to receive such surplus.

• The Security constituted by this Deed shall be a continuing security notwithstanding any intermediate payment or settlement of all or any part of the Secured Obligations or any other act, matter or thing.

More Definitions of Secured Obligations

Secured Obligations means all Obligations of and all other present and future liabilities and obligations at any time due, owing or incurred by the Company and the Guarantors and by each of them to any Secured Party under (or in connection with) the Debt Documents, both actual and contingent and whether incurred solely or jointly and as principal or surety or in any other capacity.

Secured Obligations means (a) the Loan Document Obligations, (b) the Secured Cash Management Obligations and (c) the Secured Swap Obligations (excluding with respect to any Loan Party, Excluded Swap Obligations of such Loan Party).

Secured Obligations means the “Obligations” (as defined in the Credit Agreement).

Secured Obligations means Borrower’s obligations under this Agreement and any Loan Document, including any obligation to pay any amount now owing or later arising.

Secured Obligations has the meaning set forth in Section 2 hereof.

Secured Obligations means all Obligations and all Additional Secured Obligations.

Secured Obligations is defined in Section 2.2.