Debt Secured Sample Clauses
Debt Secured. This Mortgage is given to secure all monies due under the Agreements and Action owed by Mortgagor to Mortgagee.
Debt Secured. Except as otherwise provided herein or in the other Loan Documents, all Collateral assigned, pledged or otherwise granted by Borrowers and the Guarantors to Agent for the benefit of the Lenders or to the Lenders under or in connection with this Agreement shall secure all of the following obligations and liabilities (collectively the "Obligations"):
(a) the payment when due of all Indebtedness incurred by Borrowers to Agent and/or the Lenders at any time under or in connection with this Agreement, including, without limitation, all of the principal of and interest on the Loan, fees provided to be paid by Borrowers to Agent and/or the Lenders herein, Related Expenses and any and all other amounts owed by Borrower to Agent and/or the Lenders at any time evidenced by the Notes and/or pursuant to any provision of this Agreement, in all cases without regard to whether Agent and/or the Lenders were obligated to make any advance or incur any Related Expense comprising all or part of any such Indebtedness;
(b) the payment of all amounts from time to time owing to Agent and/or the Lenders under or in connection with this Agreement and/or any of the other Loan Documents;
(c) the payment by Borrowers of all reasonable sums expended or sums advanced by Agent and/or the Lenders pursuant to the terms of any Loan Document; and
(d) the performance by Borrowers and the Guarantors of all of their obligations under this Agreement, the Notes and the other Loan Documents; and
(e) the payment of any and all other Indebtedness (including principal, interest or fees, if any) in respect of overdrafts for the account(s) of Borrowers and/or any of the Guarantors; provided, however, all amounts and obligations secured under preceding clauses (a) through (d), inclusive, shall be paid in full before proceeds realized from the Collateral are applied to obligations secured under this clause (e).
Debt Secured. This Assignment is given for the purpose of securing:
(a) Payment of the indebtedness evidenced by the Assignor's Note, including any renewals or extensions thereof.
(b) Payment of all other sums with interest thereon becoming due and payable to the Bank under the provisions hereof.
(c) Performance and discharge of all obligations, covenants and agreements of the Assignor herein and in the Assignor's Note.
Debt Secured. The security interest conveyed hereunder shall secure all obligations and indebtedness of Debtor to Secured Party of every kind and nature under and pursuant to the Note.
Debt Secured. Payment of the Indebtedness evidenced by the following instruments, including any amendments, extensions or renewals thereof in the aggregate sum of the consideration expressed above with interest, and the performance and observance of each term thereof by the parties obligated thereon and any guarantor thereof (singularly and collectively "Obligor"):
(i) Promissory Note $720,00.00 OIOPT Acquisition Corp. -------------------- ----------- ------------- ------------------------- Instrument Amount Date Obligor Educational Medical, Inc. ------------------------- ------------------------ --------------------- Guarantor Obligor Obligor
Debt Secured. 16- Section 3.03 Collateral . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -17- Section 3.04 Collateral Disclosure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -17- Section 3.05
Debt Secured. The term “Secured Debt” as used herein shall mean:
Debt Secured. Payment of the Indebtedness evidenced by the following instruments, including any amendments, extensions or renewals thereof in the aggregate sum of the consideration expressed above with interest, and the performance and observance of each term thereof by the parties obligated thereon and any guarantor thereof (singularly and collectively "Obligor"): Promissory Note $540,000 April 30, 1996 North Coast Energy, Inc. (i) ------------------- ------------------- --------------------- -------------------------------------- Instrument Amount Date Obligor ------------------------------- -------------------------------- -------------------------------------- Obligor Obligor Oblgor (ii) $ ------------------- ------------------- --------------------- -------------------------------------- Instrument Amount Date Obligor ------------------------------- -------------------------------- -------------------------------------- Obligor Obligor Oblgor (iii) $ ------------------- ------------------- --------------------- -------------------------------------- Instrument Amount Date Obligor ------------------------------- -------------------------------- -------------------------------------- Obligor Obligor Oblgor
Debt Secured. Pledgor has borrowed from the Secured Party the sum of Six Hundred Thousand ($600,000) Dollars, in accordance with the terms and conditions of a Second Amendment to Promissory Note dated as of the date hereof (the "Note"), a copy of which is attached hereto as Exhibit "B". The Collateral herein described shall secure the obligation set forth in the Note."
Debt Secured. 20 Section 3.03 COLLATERAL............................................................................21