Obligations Secured definition

Obligations Secured means your present and future obligations to pay the indebtedness secured by the Mortgage in accordance with your promises and agreements pertaining to same (including those contained in the Mortgage, those contained in the Loan Agreement and those contained in any other present or future agreement which you and we may enter into, modifying or adding to the Obligations Secured or any of them), together with all other obligations which you now or in the future owe to us under the terms of the Mortgage.

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

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.

• 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.

• 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.

• 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. The following items of indebtedness are secured hereby:

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

Obligations Secured means the Loans, and all other obligations, liabilities and indebtedness now or hereafter owing by you to us, whether reduced or extinguished from time to time and afterwards increased, and whether any of such liabilities or indebtedness arise from dealings between us or from any other dealings or proceedings by which we may be or become, in any manner whatsoever, a creditor of you, and whether such obligations, liabilities and indebtedness are incurred by you alone or with any other person, and whether so incurred by you as principal, guarantor, surety or otherwise;

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

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.