Examples of Secured Indebtedness in a sentence
Permit Total Secured Indebtedness as of the last day of each fiscal quarter of the Parent to exceed 40% of the Total Asset Value on such day.
Upon the sufficient and complete fulfillment of all Contractual Obligations and the full payment of all Secured Indebtedness by the Pledgers and Party C, this Agreement shall be terminated and the Pledgee shall terminate this Agreement within reasonable and effective scope.
Total Secured Indebtedness as of the Statement Date: $_______________ 3.
Xxxxxxx agrees to pledge all the Equity Interest as security for performance of the Contract Obligations and payment of the Secured Indebtedness under this Agreement.
The Pledge shall remain effective until all Contract Obligations have been fully performed and all Secured Indebtedness have been fully paid.