Additional Amounts Secured Sample Clauses

Additional Amounts Secured. Any amounts disbursed by Xxxxxx under this Section 9 will become additional debt of Borrower secured by this Security Instrument. These amounts may bear interest at the Note rate from the date of disbursement and will be payable, with such interest, upon notice from Lender to Borrower requesting payment.
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Additional Amounts Secured. Any amounts disbursed by Xxxxxx under this Section 6 will become additional debt of Borrower secured by this Security Instrument. These amounts may bear interest at the Note rate (if any) from the date of disbursement and will be payable, with such interest, upon notice from Lender to Borrower requesting payment. [If (i) the Borrower is in default under the Note, (ii) the mortgage securing the first lien note is an FHA-insured mortgage, and (iii) the default results solely from a violation of a legal restriction on conveyance as defined by 24 C.F.R. § 203.41 (such as an owner-occupancy requirement), then the Borrower will not be liable for the Note Holder’s costs and expenses, including attorneys’ fees; the Borrower will, however, be liable to repay the outstanding amount of principal provided to make the Property affordable as low- or moderate-income housing plus a reasonable rate of interest, as applicable.]
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Additional Amounts Secured. I will pay to Lender any amounts, with interest, which Xxxxxx spends under this Section 9. I will pay those amounts to Lender when Xxxxxx sends me a notice requesting that I do so. I will pay interest on those amounts at the interest rate set forth in the Note. Interest on each amount will begin on the date that the amount is spent by Xxxxxx. These amounts will become my additional debt that is secured by this Security Instrument.
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Additional Amounts Secured. In addition to the Obligor's prompt and full repayment of the Indebtedness, the security interest and pledge created hereby shall secure reimbursement to the Secured Party for: (i) all costs and expenses incurred in collection of all amounts due to the Secured Party from the Obligor, including without limitation, the costs of suit and attorneys' fees in execution of this Agreement and the Note; (ii) prompt performance by the Obligor of his obligations under the Note and this Agreement; and (iii) interest on all of the foregoing at the rates set forth in the Note.
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Additional Amounts Secured. In addition to Mr. Faulkner's prompt and full repayment of the Indebtedness, the sexxxxxx xxxxxxxt and pledge created hereby shall secure reimbursement to the Secured Party for: (i) all costs and expenses incurred in collection of all amounts due to the Secured Party from Mr. Faulkner or the Pledgors, including without limitation, the costx xx xxxx xxd attorneys' fees in execution of this Agreement and the Note; (ii) prompt performance by Mr. Faulkner of his obligations under the Note; (iii) prompt performxxxx xx Xx. Faulkner and the Pledgors of their obligations under this Agreemxxx; xxx (xx) interest on all of the foregoing at the rates set forth in the Note.
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Related to Additional Amounts Secured

  • Additional Amounts If the Securities of a series expressly provide for the payment of Additional Amounts, the Company will pay to the Holder of any Security of such series Additional Amounts as expressly provided therein. Whenever in this Indenture there is mentioned, in any context, the payment of the principal of, or premium (if any) or interest on any Security of any series or the net proceeds received from the sale or exchange of any Security of any series, such mention shall be deemed to include mention of the payment of Additional Amounts provided for in this Section 10.10 to the extent that, in such context, Additional Amounts are, were or would be payable in respect thereof pursuant to the provisions of this Section 10.10 and express mention of the payment of Additional Amounts (if applicable) in any provisions hereof shall not be construed as excluding Additional Amounts in those provisions hereof where such express mention is not made. If the Securities of a series provide for the payment of Additional Amounts, at least 10 days prior to the first Interest Payment Date with respect to that series of Securities (or if the Securities of that series will not bear interest prior to Maturity, the first day on which a payment of principal and any premium is made), and at least 10 days prior to each date of payment of principal and any premium or interest if there has been any change with respect to the matters set forth in the below-mentioned Officers’ Certificate, the Company shall furnish the Trustee and the Company’s principal Paying Agent or Paying Agents, if other than the Trustee, with an Officers’ Certificate instructing the Trustee and such Paying Agent or Paying Agents whether such payment of principal of and any premium or interest on the Securities of that series shall be made to Holders of Securities of that series who are United States Aliens without withholding for or on account of any tax, assessment or other governmental charge described in the Securities of that series. If any such withholding shall be required, then such Officers’ Certificate shall specify by country the amount, if any, required to be withheld on such payments to such Holders of Securities and the Company will pay to such Paying Agent the Additional Amounts required by this Section 10.10. The Company covenants to indemnify the Trustee and any Paying Agent for, and to hold them harmless against any loss, liability or expense reasonably incurred without negligence, willful misconduct or bad faith on their part arising out of or in connection with actions taken or omitted by any of them in reliance on any Officers’ Certificate furnished pursuant to this Section 10.10.

  • Payment of Additional Amounts (a) The Issuer and the Guarantor shall pay, in respect of any payment of principal of, and any premium and interest on the Notes, to a registered holder or beneficial owner thereof that, in the case of payment by the Issuer, is not a resident of the jurisdiction of incorporation or residence for tax purposes of the Issuer or any successor entity, or any political subdivision or taxing authority thereof or therein (the “Issuer Jurisdiction”), or in the case of payment by the Guarantor, is not a resident of the jurisdiction of incorporation or residence for tax purposes of the Guarantor or any successor entity, or any political subdivision or taxing authority thereof or therein (the “Guarantor Jurisdiction”, and together with the Issuer Jurisdiction, the “Relevant Jurisdictions”) for purposes of taxation, such additional amounts (“Additional Amounts”) as may be necessary so that the net amount received by such registered holder or beneficial owner of a Note, after deduction or withholding for any and all present and future tax, levy, impost or other governmental charge whatsoever imposed, assessed, levied or collected by or for the account of the United States, the United Kingdom or any political subdivision thereof or any authority thereof having the power to tax, or any other Relevant Jurisdiction (“Taxes”) will not be less than the amount such holder would have received if such Taxes had not been withheld or deducted; provided, however, that neither the Issuer nor the Guarantor shall be required to pay any Additional Amounts for or on account of:

  • Default Interest Upon the occurrence and during the continuance of an Event of Default under Section 6.01(a), the Agent may, and upon the request of the Required Lenders shall, require the Borrower to pay interest (“Default Interest”) on (i) the unpaid principal amount of each Advance owing to each Lender, payable in arrears on the dates referred to in clause (a)(i) or (a)(ii) above, at a rate per annum equal at all times to 2% per annum above the rate per annum required to be paid on such Advance pursuant to clause (a)(i) or (a)(ii) above and (ii) to the fullest extent permitted by law, the amount of any interest, fee or other amount payable hereunder that is not paid when due, from the date such amount shall be due until such amount shall be paid in full, payable in arrears on the date such amount shall be paid in full and on demand, at a rate per annum equal at all times to 2% per annum above the rate per annum required to be paid on Base Rate Advances pursuant to clause (a)(i) above; provided, however, that following acceleration of the Advances pursuant to Section 6.01, Default Interest shall accrue and be payable hereunder whether or not previously required by the Agent.

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