The Secured Obligations. 6.14.2 Indebtedness existing on the date hereof and described in Schedule 6.14.2 (and renewals, refinancings or extensions thereof on terms and conditions (including amortization) no less favorable to the applicable obligor than such existing Indebtedness and in a principal amount not in excess of that outstanding as of the date of such renewal, refinancing or extension).
The Secured Obligations. The grants of security interest set out in Clause 2.1 shall secure as a continuing security for the payment and/or discharge on demand of the Guarantee and of all other present or future obligations, monies and liabilities of the Debtor to the Secured Parties which shall for the time being (and whether on or at any time after such demand) be or become due, owing or incurred to any Secured Party by the Debtor whether actually or contingently, solely or jointly with any other person or as principal or surety and including interest (whether simple or compound and as well after as before judgment) together with discount, commission and all other lawful charges and expenses (including, without limitation, legal fees and other professional fees plus disbursements) of the Secured Parties under the Guarantee (together the "SECURED OBLIGATIONS").
The Secured Obligations. Secured Party's security interest in the Collateral shall secure payment and performance of each and every debt, liability and obligation of Debtor and Subsidiary to Secured Party, due or to become due, direct or indirect, absolute or contingent, joint or several, howsoever created, arising or evidenced, now existing or hereafter at any time created, arising or incurred, under that certain Convertible Promissory Note executed by Debtor and Subsidiary in favor of Secured Party, of even date herewith, in the original principal amount of up to Five Hundred Thousand Dollars ($500,000) (the "Secured Obligations").
The Secured Obligations. The Collateral (as hereafter defined) is pledged to secure the punctual payment when due of all sums payable under the Note and all other indebtedness and liabilities of the Company to Investor at any time arising under the terms hereof or of the Note (the "Obligations").
The Secured Obligations. Section 2.1
The Secured Obligations. This Mortgage is given to secure the following:
The Secured Obligations. This instrument and all Rights, titles, interests and Liens created hereby or arising by virtue hereof, are given to secure payment and performance of the following covenants, indebtedness, liabilities and obligations (collectively, the “Mortgage Obligations”);
The Secured Obligations. The Collateral secures and will secure (i) all Obligations (as defined in the Loan Agreement) and (ii) all obligations of the Debtors under this Agreement (collectively, the “Secured Obligations”). The Debtors have fully completed and delivered to the Agent the attached Perfection Certificate, attached hereto as Exhibit A (“Perfection Certificate”). Each Debtor represents and warrants as of the date hereof that, to its knowledge, (i) the written information provided for in the Perfection Certificate is true and correct and (ii) the Perfection Certificate does not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements or information therein, in the light of the circumstances under which they were made, not materially misleading, taken as a whole.
The Secured Obligations. This Mortgage is given to secure the following obligations (collectively, the “Secured Obligations”):
The Secured Obligations. The Collateral secures and will secure (i) all Indebtedness and (ii) all obligations of the Debtors under this Agreement (collectively, the “Secured Obligations”). As used herein, “Indebtedness” means all debts, obligations or liabilities now or hereafter existing, other than contingent indemnification obligations, of the Debtors owed to the Creditors under the Debentures. The Debtors have fully completed and delivered to the Agent the attached Perfection Certificate, attached hereto as Exhibit A (“Perfection Certificate”). Each Debtor represents and warrants as of the date hereof that, to its knowledge, (i) the written information provided for in the Perfection Certificate is true and correct and (ii) the Perfection Certificate does not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements or information therein, in the light of the circumstances under which they were made, not materially misleading, taken as a whole.
