FOREGOING SUMS definition

FOREGOING SUMS means the amounts of Credit, interest, Additional Interest, arrears interest, actual expenses of the Trust Company, actual expenses due to the realization of collateral and the institution of collection proceedings (including the fees of the Bank's legal counsel) that we shall owe the Bank in connection with the Credit or any part thereof, and fees in connection with the Credit or any part thereof as was agreed / will be agreed in writing between us and the Bank and fees in connection with the management of our accounts (including Our Account), as was agreed / will be agreed in writing between us and the Bank, and if not agreed / will not be agreed - insofar as the Bank shall be requested by us - under preferred terms, provided that neither us nor any one of our guarantors shall have breached any undertaking, term or condition under this agreement and/or under any other document in connection with the Foregoing Sums and/or the collateral.
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Examples of FOREGOING SUMS in a sentence

  • THE BORROWERS HEREBY AUTHORIZE AND EMPOWER THE PROTHONOTARY OR ANY ATTORNEY OF ANY COURT OF RECORD TO APPEAR FOR THE BORROWERS AND TO CONFESS JUDGMENT AS OFTEN AS NECESSARY AGAINST THE BORROWERS IN FAVOR OF THE BANKS, AS OF ANY TERM OR TIME, FOR ALL SUMS DUE HEREUNDER PLUS INTEREST DUE, TOGETHER WITH COSTS AND OTHER EXPENSES OF LEGAL PROCEEDINGS AND AN ATTORNEY'S COMMISSION EQUAL TO FIVE PERCENT OF THE AGGREGATE AMOUNT OF THE FOREGOING SUMS, BUT IN NO EVENT LESS THAN $500.00 WITH RELEASE OF ALL ERRORS.

  • IN THE EVENT OF ANY DEFAULT, TENANT HEREBY AUTHORIZES AND EMPOWERS ANY PROTHONOTARY OR ATTORNEY OF ANY COURT OF RECORD TO APPEAR FOR TENANT IN ANY AND ALL ACTIONS FOR RENT IN ARREARS OR TREATED AS IF IN ARREARS AND CHARGES, WHETHER OR NOT PAYABLE AS RENT, AND TO CONFESS JUDGMENT AGAINST TENANT FOR ALL ARREARS OR SUCH SUMS TREATED AS IF IN ARREARS AND THE SAID CHARGES, AND FOR INTEREST AND COSTS, TOGETHER WITH AN ATTORNEY’S COMMISSION OF TEN PERCENT (10%) OF THE AGGREGATE OF THE FOREGOING SUMS AND CHARGES.