Common use of The Secured Obligations Clause in Contracts

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").

Appears in 2 contracts

Samples: Security Interest Agreement (Canargo Energy Corp), Security Interest Agreement (Canargo Energy Corp)

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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"“Secured Obligations”).

Appears in 1 contract

Samples: Security Interest Agreement (Canargo Energy Corp)

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The Secured Obligations. The grants grant of security interest set out in Clause 2.1 shall secure the Debtor's obligation under the Note Purchase Agreement as a continuing security for the payment and/or discharge on demand of of, the Guarantee Notes 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 Note Purchase Agreement (together the "SECURED OBLIGATIONS").

Appears in 1 contract

Samples: Security Interest Agreement (Canargo Energy Corp)

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