INDEBTEDNESS SECURED BY THE MORTGAGE Sample Clauses

INDEBTEDNESS SECURED BY THE MORTGAGE. The Mortgagor agrees that the mortgage secures all Indebtedness up to the Principal Amount with interest thereon at the interest rate set out above.
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INDEBTEDNESS SECURED BY THE MORTGAGE. You agree the mortgage secures all debts and liabilities described as indebtedness in Schedule “A” up to the Principal Amount with interest thereon at the Interest Rate, including the debt described in Section 3.
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INDEBTEDNESS SECURED BY THE MORTGAGE. You agree the mortgage secures the loan and credit we extend to you for the Principal Amount of this mortgage with interest thereon as set out in Section 3 below.
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INDEBTEDNESS SECURED BY THE MORTGAGE. You agree the mortgage secures the Principal Amount with interest thereon as set out in Section 3 below, as amended from time to time, and all other indebtedness and credit extended to you from to time. HOW YOU WILL REPAY CERTAIN DEBTS [fixed loan/delete if not applicable] Fixed Loan The mortgage secures a fixed loan in the amount of $ . You agree to pay the loan with interest thereon as well after as before maturity and both before and after default at the rate of percent ( %) [if an adjustable rate loan, state as prime rate plus___%] per annum calculated semi-annually, not in advance (the “Interest Rate”), computed from the date the loan, or any part thereof, is advanced on so much of the loan as shall from time to time remain unpaid until the whole of the loan is paid. The principal and interest of the loan shall become due and be paid as follows:
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Related to INDEBTEDNESS SECURED BY THE MORTGAGE

  • Indebtedness Create, incur, assume or suffer to exist any Indebtedness, except:

  • Subordinated Debt (a) Make or permit any payment on any Subordinated Debt, except under the terms of the subordination, intercreditor, or other similar agreement to which such Subordinated Debt is subject, or (b) amend any provision in any document relating to the Subordinated Debt which would increase the amount thereof or adversely affect the subordination thereof to Obligations owed to Bank.

  • Additional Indebtedness This Indenture does not restrict the Corporation from incurring additional indebtedness for borrowed money or other obligations or liabilities (including Senior Indebtedness) or mortgaging, pledging or charging its properties to secure any indebtedness or obligations or liabilities.

  • Obligations Secured The obligations secured hereby are any and all obligations of the Company now existing or hereinafter incurred to the Secured Party, whether oral or written and whether arising before, on or after the date hereof including, without limitation, those obligations of the Company to the Secured Party under this Agreement, the Transaction Documents, and any other amounts now or hereafter owed to the Secured Party by the Company thereunder or hereunder (collectively, the "Obligations").

  • Debt Due (a) If the LHIN requires the re-payment by the HSP of any Funding, the amount required will be deemed to be a debt owing to the Crown by the HSP. The LHIN may adjust future funding instalments to recover the amounts owed or may, at its discretion direct the HSP to pay the amount owing to the Crown and the HSP shall comply immediately with any such direction.

  • The Loan Section 2.01. The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Loan Agreement, various currencies that shall have an aggregate value equivalent to the amount of one hundred million dollars ($100,000,000), being the sum of withdrawals of the proceeds of the Loan, with each withdrawal valued by the Bank as of the date of such withdrawal.

  • Repayment of Loans; Evidence of Debt (a) The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Lender the then unpaid principal amount of each Loan on the Maturity Date.

  • Limited Obligations This Agreement does not create any obligation of the Securities Intermediary except for those expressly set forth in this Agreement. The Securities Intermediary may conclusively rely and shall be fully protected in acting or refraining from acting upon notices and communications it believes to be genuine and given by the appropriate party. Except for permitting a withdrawal, delivery or payment in violation of Article III, the Securities Intermediary shall not be liable to the Secured Party or the Issuer for any error of judgment made in good faith and in accordance with this Agreement, nor shall it otherwise be liable under this Agreement except as a result of its own willful misconduct, bad faith or negligence.

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