Secured Loans. In connection with financing provided, invested in, participated in or purchased by the Trust, all of the notes, deeds of trust, security interests or other evidences of indebtedness or obligations, which are secured or collateralized by Real Property owned by the borrowers under such notes, deeds of trust, security interests or other evidences of indebtedness or obligations or pledges of equity interests in entities owning Real Property.
Secured Loans. To the extent applicable, the Servicer’s duties described above in this Section 1.A.(b) shall include the Secured Loans.
Secured Loans. 10.1 Where you grant us a security interest, this is explained in the loan agreement.
Secured Loans. The Borrower’s obligations in connection with the Loan Limit Advances will be secured by the grant by the Borrower of all of the Borrower’s right, title and interest in and to the Collateral, in each case, pursuant to the Loan Documents.
Secured Loans. Article VIII of the Series G Purchase Agreement is hereby amended as follows:
Secured Loans. The loans to be obtained by IHHI and/or the LLC with respect to the purchase of the hospitals under the Asset Purchase Agreement and collateralized against the real estate shall not exceed an aggregate of $120 million, consisting of (a) a maximum of $50 million which may be a term loan secured by the real property, (b) a maximum of $50 million which may be asset based financing secured by, among other things, the accounts receivables of the hospitals based on revolving round of credit and cross collateralized against the real property and (c) a credit facility not to exceed $20 million to purchase new equipment secured by furniture, fixtures and equipment to the extent such facility is cross collateralized against the real estate. No such debt limitations shall apply to loans not secured against the real estate.
Secured Loans. Subject to the terms and conditions set forth herein (including the conditions set forth in Sections 3.1 and 3.2), the Lender shall make advances (each an “Advance”) to the Borrower, from time to time from and after the Closing Date, as the Borrower may request in writing, which shall be deposited into the Securities Account, and the Lender will record such Advance on Schedule C hereto promptly upon the funding of such Advance. Once funded, each Advance shall form part of the Tranche A Term Loan or the Tranche B Term Loan as indicated on Schedule C hereto.
Secured Loans. Unless the Closing or the Termination Date shall have earlier occurred, Purchaser shall make secured loans to The Wiz Distributors, Ltd. in the amounts and on the dates set forth in Schedule 2.6(b)-A. Unless the Closing or the Termination Date shall have earlier occurred, the advances scheduled for January 30, 1998 shall be conditioned on and made immediately following the issuance of the Amended DIP Financing Order and the advances scheduled for February 3, 1998 shall be conditioned on and made immediately following the issuance of the Approval Order (as hereinafter defined). Each subsequent secured advance shall be conditional upon the previous receipt of the orders mentioned in the previous sentence. Each secured loan provided by this Section 2.6(b) shall be made pursuant to the Amended DIP Financing Arrangements and shall have the following additional terms:
Secured Loans. All Loans to Borrower and all of the other Obligations shall be secured, until the Termination Date, by all of the Collateral.
Secured Loans. The full amount of this Note is secured by the Collateral identified and described as security therefor in the Security Agreement executed by and delivered by Borrower to Agent on behalf of Banks and by the Pledged Collateral identified and described in the Guaranty and Pledge Agreement executed and delivered by TGH to Agent on behalf of Banks. Borrower shall not, directly or indirectly, suffer or permit to be created or to remain, and shall promptly discharge, any security interest, Lien, charge or encumbrance on or in the Collateral or the Pledged Collateral, or in any portion thereof, except as permitted by the Credit Agreement or the other Loan Documents, and shall not suffer any other matter whereby the interest of Bank in the Collateral or the Pledged Collateral might be impaired.
