Security – Loan Clause Samples

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Security – Loan. The Obligors’ obligations and liabilities under this Agreement, including (without limitation) the Obligors’ obligation to repay the Facility together with all unpaid interest, default interest, commissions, charges, expenses, recovery costs and any other derived liability whatsoever of the Obligors towards the Finance Parties in connection with this Agreement, shall at any time until all amounts due to the Finance Parties hereunder have been paid and/or repaid in full, be secured by: a) the Mortgage; b) the Assignment Agreement; c) the Share Pledge Agreement; d) the Guarantee; e) the Technical Manager’s Undertakings; and f) the Swap Agreement Assignments.
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Security – Loan. The Obligors’ obligations and liabilities under the Finance Documents, including (without limitation) the Obligors’ obligation to repay the Loans together with all unpaid interest, default interest, commissions, charges, expenses and any other derived liability whatsoever of the Obligors towards the Finance Parties in connection with this Agreement and any Finance Document, shall at any and all times during the Security Period, be secured by: (i) the Mortgages; (ii) the Assignment Agreement; and (iii) any Charterparty Assignment, (iv) if requested by the Majority Lenders, a security interest over the shares in an Additional Guarantor; and (v) if requested by the Majority Lenders, a security interest over any intercompany loan or credit granted by the Borrower to an Additional Guarantor. (together the “Security Documents”).
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Security – Loan. The Obligors' obligations and liabilities under the Finance Documents, including (without limitation) the Obligors' obligation to repay the Loans together with all unpaid interest, default interest, commissions, charges, expenses and any other derived liability whatsoever of the Obligors towards the Finance Parties in connection with this Agreement and any Finance Document, shall at any and all times during the Security Period, be secured by: (i) the Mortgages; (ii) the Assignment Agreements; (iii) the Parent's Assignment Agreement; and (iv) the Share Pledge Agreements, (together the "Security Documents").
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Security – Loan. The Borrower’s obligations and liabilities under the Finance Documents, including (without limitation) the Borrower’s obligation to repay the Loan together with all unpaid interest, default interest, commissions, charges, expenses and any other derived liability whatsoever of the Borrower towards the Lenders and the Agent in connection with this Agreement, shall at any time until all amounts due to the Lenders and the Agent hereunder have been paid and/or repaid in full, be secured by: a) the Mortgages; b) the Deeds of Covenants; c) the Assignment Agreements; d) the Account Charges; and
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Security – Loan. Upon execution of this Agreement, XIT shall loan to the Partnership an amount not to exceed Seven Hundred Fifty Thousand Dollars ($750,000) (the "Security Loan"). The Security Loan shall be on terms and conditions identical to those terms and conditions upon which XIT borrows the amounts comprising said Security Loan from Imperial Bank. The Security Loan shall be used by the Partnership as collateral for the Imperial Bank credit facility to be entered into by the Partnership contemporaneously herewith. The Security Loan shall be a loan, not a contribution of capital, and shall not be a part of XIT's Capital Account. The Security Loan may not be converted or exchanged into a partnership interest.
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Security – Loan. The Borrower's obligations and liabilities under the Finance Documents, including (without limitation) the Borrower's obligation to repay the Loans together with all unpaid interest, default interest, commissions, charges, expenses and any other derived liability whatsoever of the Borrower towards the Finance Parties in connection with this Agreement and any Finance Document, shall at any time until all amounts due to the Finance Parties hereunder have been paid and/or repaid in full, be secured by: (i) the Mortgages; (ii) the Assignment Agreement; and (iii) any Charterparty Assignment, (together the "Security Documents").
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Security – Loan. The Borrower’s obligations and liabilities under this Agreement, including (without limitation) the Borrower’s obligation to repay the Loan together with all unpaid interest, default interest, commissions, charges, expenses and any other derived liability whatsoever of the Borrower towards the Lenders and the Agent in connection with this Agreement, shall at any time until all amounts due to the Lenders and the Agent hereunder have been paid and/or repaid in full, be secured by: a) the Mortgage (including the deed of covenants (if any)); b) the Assignment Agreement; c) the Account Pledge; d) the Bareboat Charterparty Assignment; and
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Related to Security – Loan

  • Loan 2.01. The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in this Agreement, the amount of one hundred million Dollars ($100,000,000), as such amount may be converted from time to time through a Currency Conversion in accordance with the provisions of Section 2.07 of this Agreement (“Loan”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Borrower may withdraw the proceeds of the Loan in accordance with Section IV of Schedule 2 to this Agreement.

  • Mortgage Lessee does hereby agree to make reasonable modifications of this Lease requested by any Mortgagee of record from time to time, provided such modifications are not substantial and do not increase any of the Rents or obligations of Lessee under this Lease or substantially modify any of the business elements of this Lease.

  • Security Interest/Priority This Security Agreement creates a valid security interest in favor of the Agent, for the benefit of the Lenders, in the Collateral of such Obligor and, when properly perfected by filing, shall constitute a valid perfected security interest in such Collateral, to the extent such security can be perfected by filing under the UCC, free and clear of all Liens except for Permitted Liens.

  • Security Interest in Financed Vehicle Immediately prior to the sale, transfer and assignment thereof pursuant hereto and the First Step Receivables Assignment, each Receivable was secured by a validly perfected first priority security interest in the Financed Vehicle in favor of the Seller as secured party or all necessary and appropriate action had been commenced that would result in the valid perfection of a first priority security interest in the Financed Vehicle in favor of the Seller as secured party.

  • The Loan Section 2.01. (a) ADB agrees to lend to the Borrower from ADB's ordinary capital resources an amount of one hundred million Dollars ($100,000,000), as such amount may be converted from time to time through a Currency Conversion in accordance with the provisions of Section 2.06 of this Loan Agreement.