FCFC Debt. Means all indebtedness, obligations and liability of Borrower and each Person who hereafter becomes Borrower, that is now or hereafter owing to FCFC , regardless whether such indebtedness, obligation or liability is now existing or hereafter arising, whether it is voluntary or involuntary, whether due or not, secured or unsecured, absolute or contingent, liquidated or unliquidated, and whether it is for principal, interest, fees, expenses or otherwise, and regardless whether the Person who is
... or hereafter becomes Borrower may be liable individually or jointly with others, or whether recovery upon any such obligations may be or hereafter become barred or otherwise unenforceable. The term, "FCFC Debt," also includes: (a) all amounts which arise after the filing of a petition by or against Borrower under Title 11 of the United States Code (the "Bankruptcy Code"), even if the obligations do not accrue because of the automatic stay under Bankruptcy Code (S) 362 or otherwise, and all amounts which would become due but for the operation of the automatic stay under (S) 362(a) of the Bankruptcy Code, and the operation of (S)(S) 502(b) and 506(b) of the Bankruptcy Code; (b) indebtedness arising under modifications, renewals, replacements and extensions of the FCFC Debt, and successive transactions which renew, continue, refinance or refund the FCFC Debt; and (c) all covenants and duties of Borrower to FCFC of every kind, nature and description, (whether arising out of FCFC `s Loan Documents, this Agreement or any other agreement, instrument, document, record or contract now existing or hereafter made by Borrower in favor of FCFC , and whether created by oral agreement or operation of law, and whether or not for the payment of money), including without limitation any debt, liability or obligation owing by Borrower to others which FCFC may have acquired by assignment or otherwise.
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