Obligations Secured definition

Obligations Secured means, collectively, the obligations secured by this Pledge Agreement as described in paragraphs 2, 3 and 4 below;

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Obligations Secured means all present and future debts, expenses and liabilities, direct or indirect, absolute or contingent, due, owing or accruing due or owing from time to time by the Trust to the Specified Creditors in their capacity as such. For greater certainty, amounts owing to any Specified Creditors by the Trust, at any time, shall include (i) the unpaid face amount of any Notes issued on a discount basis, discounted to their present value using a discount rate equivalent to the yield to maturity of such Notes when it was issued; (ii) the principal amount together with the accrued and unpaid interest on interest bearing Notes; and (iii) accrued fees, whether or not then due and payable;

Obligations Secured means all present and future debts, expenses and liabilities, direct or indirect, absolute or contingent, due, owing or accruing due or owing from time to time by the Trust to Noteholders in their capacity as such.

Examples of Obligations Secured in a sentence

• Notwithstanding anything to the contrary contained in this Mortgage, this Mortgage is only intended as security for the Obligations Secured and the Secured Parties shall not be obligated to perform or discharge, and do not hereby undertake to perform or discharge, any obligation, duty or liability of the Mortgagor with respect to any of the Mortgaged Property.

• The Mortgagor agrees to indemnify each Secured Party against liability on account of such documentary stamps, taxes, assessments or impositions, whether such liability arises before or after payment of the Obligations Secured and regardless of whether this Mortgage shall have been released.

• It is agreed that the obligations of the Senior Representative and the rights of the Junior Representative and the other Junior Secured Obligations Secured Parties in connection with any such bailment arrangement will be in all respects subject to the provisions of Article II.

• The receiver, out of the Rents when collected, may pay reasonable costs incurred in the management and operation of the Real Property, prior and subordinate liens, if any, and taxes, assessments, water and other utilities and insurance, then due or thereafter accruing, and may make and pay for any necessary repairs to the Real Property, and may pay any part of the Obligations Secured in accordance with the Loan Agreement or any deficiency decree entered in such foreclosure proceeding.

• Notwithstanding anything to the contrary contained in this Deed of Trust, this Deed of Trust is only intended as security for the Obligations Secured and the Secured Parties shall not be obligated to perform or discharge, and do not hereby undertake to perform or discharge, any obligation, duty or liability of the Grantor with respect to any of the Mortgaged Property.

More Definitions of Obligations Secured

Obligations Secured as defined in this Mortgage shall include, without limitation, any judgment(s) or final decree(s) rendered to collect any money obligations of Mortgagor to Lenders and/or to enforce the performance or collection of all covenants, agreements, other obligations and liabilities of the Mortgagor under this Mortgage or any or all of the Loan Documents. The obtaining of any judgment by Lenders (other than a judgment foreclosing this Mortgage) and any levy of any execution under any such judgment upon the Mortgaged Property shall not affect in any manner or to any extent the lien of this Mortgage upon the Mortgaged Property or any part thereof, or any liens, powers, rights and remedies of Lenders, but such liens, powers, rights and remedies shall continue unimpaired as before until the judgment or levy is satisfied.

Obligations Secured. The Security Interest granted hereby secures payment, performance and satisfaction of the Obligations.

Obligations Secured. The following items of indebtedness are secured hereby: A. All Obligations (including all future advances, if any, to be made under the Credit Agreement by the Lenders), and all other obligations and liabilities of Trustor and the other Loan Parties under the Credit Agreement and the other Loan Documents; B. Any sums advanced or expenses or costs incurred by the Trustee, the Agent or any of the Secured Parties (or any receiver appointed hereunder) which are made or incurred pursuant to, or permitted by, the terms hereof, plus interest thereon at the rate herein specified or otherwise agreed upon, from the date of the advances or the incurring of such expenses or costs until reimbursed; C. Any and all other indebtedness of Trustor to any Lender or any Affiliate of such Lender now or hereafter owing whether direct or indirect, primary or secondary, fixed or absolute or contingent, joint or several, regardless of how evidenced or arising including, without limitation, all Hedging Obligations arising under Hedging Agreements; and D. Any extensions, refinancings, modifications or renewals of all such indebtedness described in subparagraphs (A) through (C) above, whether or not Trustor executes any extension agreement or renewal instrument.

Obligations Secured has the meaning specified in the Granting Clause of this Indenture. “Obligor” has the meaning specified in the Transfer Agreement.

Obligations Secured all Obligations Secured relating to the holders of such Notes and to Specified Creditors under the Related Programme Agreements including the Related Expenses;

Obligations Secured means, for any Series of Debt Obligations, all present and future debts, expenses and liabilities, direct or indirect, absolute or contingent, due, owing or accruing due or owing from time to time by the Issuer to the Related Specified Creditors in their capacity as such, including, without limitation, (i) the unpaid face amount of any Notes of that Series issued on a discount basis, discounted to their present value using a discount rate equivalent to the yield to

Obligations Secured means: (i) the indebtedness evidenced by this Agreement, the Note and the Loan Documents; (ii) any and all advances by Lender to Borrower, and any and all debts, obligations and liabilities owed to Lender by Borrower, now or hereafter existing, incurred or created, whether voluntary or involuntary, due or not due, secured or unsecured, absolute or contingent, liquidated or unliquidated, determined or undetermined, and regardless whether Borrower may be liable individually or jointly with others or whether recovery upon any such indebtedness may be or hereafter become barred or otherwise unenforceable, and all extensions, renewals or replacements thereof, but excluding any indebtedness incurred primarily for personal, family or household purposes; and, (iii) all sums and expenses, including attorney's fees, advanced or incurred by Lender for or in connection with the Collateral or any obligation of Borrower undertaken herein or in any other agreement with Lender. It is the intention of the parties hereto that the Obligations Secured shall constitute one indebtedness, and shall constitute one general obligation, including all whole or partial extensions, renewals or replacements thereof, and including any obligation to perform or forbear from any action as well as any obligation to pay money.