Common use of Indebtedness Secured Clause in Contracts

Indebtedness Secured. This Agreement and the Security Interest created by it secures payment of the Note owing by Borrower to Secured Party (the “Indebtedness”). The Indebtedness includes any credit extended, sums advanced, and any expenses incurred by Secured Party under the Note.

Appears in 5 contracts

Samples: Security Agreement (Accentia Biopharmaceuticals Inc), Security Agreement (Accentia Biopharmaceuticals Inc), Security Agreement (Accentia Biopharmaceuticals Inc)

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Indebtedness Secured. This Agreement and the Security Interest created by it secures secure payment of the Note owing by Borrower to Secured Party (the “Indebtedness”). The Indebtedness includes any credit extended, sums advanced, and any expenses incurred by Secured Party under the Note.

Appears in 2 contracts

Samples: Security Agreement (Biovest International Inc), Security Agreement (Biovest International Inc)

Indebtedness Secured. This The foregoing security interest is given to secure payment and performance of all indebtedness and obligations of Debtor to Secured Party under this Agreement and the Security Interest created by it secures payment of the Note indebtedness and obligations owing by Borrower to Secured Party (the “Indebtedness”)by Debtor pursuant to a Promissory Note of even date, including any and all modifications, extensions, and renewals. The Indebtedness includes any credit extended, sums advanced, indebtedness and any expenses incurred obligations that are secured by Secured Party under this security interest are collectively called the Note"indebtedness."

Appears in 1 contract

Samples: Security Agreement (Americhip International Inc)

Indebtedness Secured. This Agreement and the The Security Interest created granted by it Debtor secures payment of any and all indebtedness and liabilities of Debtor to the Note owing by Borrower to Secured Party pursuant to the Purchase Price Note and the Non-Competition Agreements, as may be amended from time to time by the parties thereto (the "Indebtedness"). The Indebtedness includes any credit extended, sums advanced, and any expenses incurred by Secured Party under the Note.

Appears in 1 contract

Samples: Security Agreement (Horizon Medical Products Inc)

Indebtedness Secured. This Agreement and the Security Interest created by it secures secure payment of the Note all obligations of any kind owing by Borrower the Debtor to the Secured Party pursuant to a 1996 Stock Purchase Award Agreement of even date herewith between the Debtor and the Secured Party and a Promissory Note executed pursuant thereto by the Debtor in favor of the Secured Party (the "Indebtedness"). The Indebtedness includes any credit extended1996 Stock Purchase Award Agreement, sums advancedthe Note, this Agreement and any expenses incurred by Secured Party under other documents executed in connection therewith are referred to collectively as the Note"Transaction Documents."

Appears in 1 contract

Samples: Management Stock Pledge Agreement (Regency Realty Corp)

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Indebtedness Secured. This Agreement and the The Security Interest created granted by it Debtor secures payment of any and all indebtedness and liabilities of Debtor to the Note owing by Borrower to Secured Party pursuant the Purchase Price Note and the Non-Competition Agreements, as may be amended from time to time by the parties thereto (the "Indebtedness"). The Indebtedness includes any credit extended, sums advanced, and any expenses incurred by Secured Party under the Note.

Appears in 1 contract

Samples: Competition and Consulting Agreement (Horizon Medical Products Inc)

Indebtedness Secured. This Agreement secures the Indebtedness due and owing by the Security Interest created Debtor to the Secured Party pursuant to the Loan Agreement. This Agreement further secures all other amounts due and owing by it secures payment the Debtor to the Secured Party pursuant to this Agreement, including without limitation, any amounts advanced by the Secured Party on behalf of the Note owing by Borrower Debtor pursuant to Secured Party (the “Indebtedness”). The Indebtedness includes any credit extended, sums advanced, and any expenses incurred by Secured Party under the Notethis Agreement.

Appears in 1 contract

Samples: Security Agreement (Riviera Tool Co)

Indebtedness Secured. This Agreement and the Security Interest created by it secures hereunder secure payment of the Note Loan owing by Borrower to Secured Party Party, and whether the Loan is, from time to time, reduced and thereafter increased or entirely extinguished and thereafter reincurred (the “Indebtedness”). The Indebtedness includes any credit extended, sums advanced, and any expenses incurred by Secured Party under and specifically includes the Loan of Secured Party to Borrower evidenced by the Note.

Appears in 1 contract

Samples: Security Agreement (Biovest International Inc)

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