Example ContractsClausesSecured Obligations
Secured Obligations
Secured Obligations contract clause examples

Secured Obligations. The pledge set forth in Section 2, is made by Pledgor in favor of Secured Party to secure the prompt and complete performance of Pledgor’s obligations under the Secured Note and this Agreement (collectively, the “Obligations”).

Obligations Secured. The Security Interest granted by Borrower herein secures the full, prompt and complete payment and performance of all of the Obligations (as defined in the Loan Agreement).

Secured Obligations. The Collateral secures the due and prompt payment and performance of:

OBLIGATIONS SECURED. The obligations secured hereby are the payment and performance of: # all present and future Indebtedness of Debtor to Bank under that certain Credit Agreement between SMITH MICRO SOFTWARE, INC. and SMITH MICRO SOFTWARE, LLC and Bank dated as of March 31, 2022 and any promissory note executed in connection therewith, and any swap, derivative, foreign exchange, hedge or similar transaction or arrangement relating to any such promissory note, and specifically including, without limitation, any Reimbursement Obligations (as defined below), together with all extensions, renewals and/or modifications of any of the foregoing (collectively, the “Secured Indebtedness”); provided however that the obligations secured hereby shall not include any Indebtedness of Debtor to Bank # to the extent that the terms of the agreement(s) giving rise to such Indebtedness expressly state that such Indebtedness is unsecured or not secured by this Agreement, or otherwise expressly disclaim the security interest created hereby as security for such Indebtedness (excluding, for the avoidance of doubt, Reimbursement Obligations), or # that is secured by any real property; and # all obligations of Debtor and rights of Bank under this Agreement. For the avoidance of doubt, and notwithstanding anything herein or in any other agreement between Debtor and Bank to the contrary, the statement herein that Reimbursement Obligations are specifically included in the Indebtedness secured hereby, shall be sufficient to satisfy a requirement in any Reimbursement Agreement executed by Debtor and delivered to Bank stating that for such letter of credit or acceptance or similar product obligations to be secured, they must be specifically described.

Secured Obligations. The pledge set forth in Section 2, is made by Pledgor in favor of Secured Party to secure the prompt and complete performance of Pledgor’s obligations under the Secured Note and this Agreement (collectively, the “Obligations”).

Secured Obligations. The Collateral secures the due and prompt payment and performance of:

Obligations Secured. All obligations of the Grantors set forth in or arising under this Agreement will be Priority Lien Obligations and are secured by all Liens granted by the Security Documents.

Secured Obligations. All of the Secured Obligations which then remain unpaid;

Secured Obligations. The pledge set forth in Section 2, is made by Pledgor in favor of Secured Party to secure the prompt and complete performance of Pledgor’s obligations under the Secured Note and this Agreement (collectively, the “Obligations”).

Secured Obligations. The pledge set forth in Section 2, is made by Pledgor in favor of Secured Party to secure the prompt and complete performance of Pledgor’s obligations under the Secured Note and this Agreement (collectively, the “Obligations”).

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