OBLIGATION SECURED Sample Clauses

OBLIGATION SECURED. This Agreement shall secure, in such order of priority as Secured Party may elect: (a) Payment of the sum of $45,000,000.00 according to the terms of that Revolving Promissory Note dated July 25, 1997, made by Pledgor, payable to the order of Secured Party, evidencing a revolving line of credit, all or any part of which may be advanced to Pledgor, repaid by Pledgor and readvanced to Pledgor, from time to time, subject to the terms and conditions thereof, with interest thereon, extension and other fees, late charges, prepayment premiums and attorneys' fees, according to the terms thereof, and all extensions, modifications, renewals or replacements thereof (hereinafter called the "Note"); (b) Payment, performance and observance by Pledgor of each covenant, condition, provision and agreement contained herein and of all monies expended or advanced by Secured Party pursuant to the terms hereof, or to preserve any right of Secured Party hereunder, or to protect or preserve the Pledged Securities or any part thereof; (c) Payment, performance and observance by Pledgor of each covenant, condition, provision and agreement contained in that Loan Agreement dated July 25, 1997, by and between Pledgor and Secured Party (hereinafter called the "Loan Agreement") and in any other document or instrument related to the indebtedness hereby secured and of all monies expended or advanced by Secured Party pursuant to the terms thereof or to preserve any right of Secured Party thereunder; (d) Payment and performance of any and all other indebtedness, obligations and liabilities of Pledgor to Secured Party of every kind and character, direct or indirect, absolute or contingent, due or to become due, now existing or hereafter incurred, whether such indebtedness is from time to time reduced and thereafter increased or entirely extinguished and thereafter reincurred; and (e) The full and timely payment of all amounts now or hereafter due and payable by Pledgor to Secured Party under any interest rate swap, cap, collar or similar transaction, or any Master Agreement for such transactions, now or hereafter in effect between Pledgor and Secured Party, whether such amounts are due and payable on the date(s) scheduled therefor, on the occurrence of an Early Termination Date (as defined in the Master Agreement), or otherwise.

OBLIGATION SECURED. In consideration of the purchase of the ------------------ Certificates, the Seller agrees to cause payment of the Certificates from funds available in the Subordination Spread Accounts (as hereinafter defined) and from receipt of Excess Amounts and Recapture Amounts (as hereinafter defined), as and to the extent set forth herein. Such obligation is non-recourse in respect of the Seller, and recourse may only be had to the Subordination Spread Accounts, the Excess Amounts and the Recapture Amounts. Neither the Subordination Spread Accounts, the Excess Amounts nor the Recapture Amounts shall be part of the Trust.

OBLIGATION SECURED. This Agreement shall secure the performance of the Notes on the conditions set forth below.

OBLIGATION SECURED. Guarantor hereby acknowledges and agrees that the security interest granted hereby secures the full and timely performance of all terms, covenants and conditions required to be performed and observed by Guarantor under this Agreement and the Guaranty and acknowledges and agrees that this Agreement shall extend to and secure any and all renewals, refinancings, amendments and extensions of any or all of the foregoing.

OBLIGATION SECURED. The security interest, lien and other interests granted to Pledgee pursuant to this Share Pledge shall secure the prompt performance and observance of the Obligation.

OBLIGATION SECURED. The Interest shall secure payment of the indebtedness evidenced by that certain Note ("Note") of even date between the Debtors and the Secured Parties, which is issued pursuant to the terms of the Company's Limited Liability Company Agreement.

OBLIGATION SECURED. This Deed of Trust is given for the purpose of securing, in such order of priority as Beneficiary may elect: 2.1 Payment of all sums at any time owing under those certain Promissory Notes, dated as of May 1, 1997, in the aggregate principal amount of One Hundred Million and No/100 Dollars ($100,000,000), executed by Trustor and payable to the order of each Lender (as defined in Section 2.3), evidencing a revolving line of credit, all or any part of which may be advanced to Trustor, repaid by Trustor and readvanced to Trustor, from time to time, subject to the terms and conditions thereof, provided that the principal balance outstanding at any time shall not exceed the sum set forth above in this Paragraph 2.1, with interest thereon, extension and other fees, late charges, prepayment premiums and attorneys' fees, according to the terms thereof, and all extensions, modifications, renewals or replacements thereof (hereinafter called the "Notes"

OBLIGATION SECURED. This Deed of Trust is given for the purpose of securing the payment by Trustor of the aggregate amount of Two Million Eight Hundred Fifty Thousand Dollars ($2,850,000.00) with interest thereon, extension and other fees, late charges and costs, according to the terms of that Secured Promissory Note, dated as of October 17, 2005, made by Trustor, payable to the order of Beneficiary, and all amendments, modifications, renewals or replacements thereof (hereinafter called the "Note") and payment, performance and observance by Trustor of each covenant, condition, provision and agreement contained herein and of all monies expended or advanced by Beneficiary pursuant to the terms hereof, or to preserve any right of Beneficiary hereunder, or to protect or preserve the Trust Property or any part thereof. All of the indebtedness and obligations secured by this Deed of Trust are hereinafter collectively called the "Obligation."

OBLIGATION SECURED. This Agreement shall secure, in such order of priority as Secured Party may elect: (a) payment of the sum of $1,250,000 with interest thereon, extension and other fees, late charges, prepayment premiums and attorneys' fees, according to the terms of that Promissory Note dated December 31, 1999, made by Pledgor, payable to the order of Secured Party, and all extensions, modifications, renewals or replacements thereof (hereinafter called the "Note") ; and (b) payment, performance and observance by Pledgor of each covenant, condition, provision and agreement contained herein and of all monies expended or advanced by Secured Party pursuant to the terms hereof, or to preserve any right of Secured Party hereunder, or to protect or preserve the Pledged Securities or any part thereof. All of the indebtedness and obligations secured by this Agreement are hereinafter collectively called the "obligation."