Secured Obligation definition

Secured Obligation means an obligation secured by a security interest;

Secured Obligation means an obligation the payment or performance of which is secured by a security agreement.

Secured Obligation has the meaning set forth in Section 8.02(a).

Examples of Secured Obligation in a sentence

• Secured obligation: all and any obligations of AB Klaipėdos Nafta arising out of the Time Charter Party, as amended or restated from time to time, both the principal and other obligations or related damages and expenses under the Time Charter Party.

• Thereby, the Guarantor bears a joint liability with the Debtor towards the Creditor under the Secured obligation; - proper and timely fulfillment of the Creditor's requirements to the Debtor, related with a full or partial nothingness, contestability, not being concluded or an impossibility of a compulsory execution of the lease Contract, including, but not limited to, the claims about the cost refund in money of what has been received, claims about refund of a unjustifiable enrichment.

• Secured obligation must be an obligation to pay a set amount of money24.

More Definitions of Secured Obligation

Secured Obligation has the meaning specified in the Security Agreement.

Secured Obligation means as defined in Section 21.1 of these Terms;

Secured Obligation means an obligation the performance of which is secured by an assignment of rents.

Secured Obligation means an obligation secured by a security right;

Secured Obligation means as defined in Section 22.1 of these Terms;

Secured Obligation means an obligation the payment or performance of which is

Secured Obligation has the meaning set out in clause 21.11;