Obligation

Obligation. Means the outstanding amount of the Loan plus all accrued unpaid interest thereon. "Obligation" also includes amounts owing under the Amended and Restated 15% Convertible Promissory Note dated July 14, 2010, as amended, issued by the Debtor to each of the Secured Parties and the 10% Secured Convertible Promissory Note dated October 14, 2016 issued by the Debtor to each of the Secured Parties. Finally, "Obligation" includes any amounts owing pursuant to shares purchased by each of the Secured... Parties which are redeemable with gold proceeds. View More

Obligation. Means, collectively, (a) the "Obligations" as defined in the Credit Agreement, and (b) all indebtedness, liabilities, and obligations of Debtor arising under this Security Agreement or any Guaranty assuring payment of the Obligation; it being the intention and contemplation of Debtor and Secured Party that future advances will be made by Secured Party to Debtor for a variety of purposes, that Debtor may guarantee (or otherwise become directly or contingently obligated with respect to) the... obligations of others to Secured Party, and that Secured Party may from time to time acquire from others obligations of Debtor to such others, and that payment and repayment of all of the foregoing are intended to and shall be part of the Obligation secured hereby. The Obligation shall include, without limitation, future, as well as existing, advances, indebtedness, liabilities, and obligations owed by Debtor to Secured Party arising under the Loan Documents or otherwise. View More

Obligation. Means: (a) any obligation of the Borrower to the Bank for the payment of money, including without limitation the Note and the Loan; (b) the performance and observance by Borrower of each and every covenant contained in this Agreement or any other Loan Document; (c) all interest and other charges due from Borrower to the Bank; (d) all liabilities of Borrower to the Bank to repay overdrafts and other amounts due to the Bank; (e) all fees, expenses, charges and other amounts owing by or chargeable... to Borrower under any such agreements; and (f) all costs and expenses owing to Bank, in each case whether direct or indirect, absolute or contingent, matured or unmatured, primary or secondary, certain or contingent, due or to become due, now existing or hereafter arising, and whether denominated secured or unsecured. View More

Obligation. All of the interest, principal and other amounts payable under that certain promissory note dated April 11, 2005, payable by Borrower to Secured Party for fifty thousand United States dollars ($50,000 USD), bearing interest at a rate of twelve percent (12%) per annum, a copy of which is attached hereto as Exhibit A.

Obligation. The collective reference to the unpaid principal of and interest on the Loan and all other obligations and liabilities of the Borrower to the Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Note and this Agreement, in each case whether on account of principal, interest, fees, costs, expenses, reimbursement... obligations or otherwise. View More

Obligation. Any and all Reasonable Costs and Expenses incurred, relating to the offering, sale and issuance of the Notes by a Trust and the administration of the Program documents, including (i) the reasonable fees and expenses of counsel, and (ii) costs and expenses of a Trust; provided that Obligations do not include Excluded Amounts or Fees and further provided that the parties acknowledge that Law Debenture is not obligated to pay the cost or expenses of any Trust.

Obligation. Means all present and future Loans, advances, debts, liabilities, obligations, guaranties, covenants, duties and indebtedness at any time owing by Borrower to Silicon, whether evidenced by this Agreement or any note or other instrument or document, whether arising from an extension of credit, opening of a letter of credit, banker's acceptance, loan, guaranty, indemnification or otherwise, whether direct or indirect (including, without limitation, those acquired by assignment and any... participation by Silicon in Borrower's debts owing to others), absolute or contingent, due or to become due, including, without limitation, all interest, charges, expenses, fees, attorney's fees, expert witness fees, audit fees, letter of credit fees, collateral monitoring fees, closing fees, facility fees, termination fees, minimum interest charges and any other sums chargeable to Borrower under this Agreement or under any other present or future instrument or agreement between Borrower and Silicon. View More

Obligation. Means all Principal Debt, interest, and other amounts due under this Note and all other present and future debt, liabilities and obligations, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, and all renewals, increases and extensions thereof, or any part thereof, now or in the future owed to Lender by Borrower or any other obligor under any Loan Document, together with all interest accruing thereon, reasonable fees, costs and... expenses payable under the Loan Documents or in connection with the enforcement of rights under the Loan Documents. View More

Obligation. Means the unpaid principal of and interest on (including, without limitation, interest accruing after the maturity of the Note and interest on or after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Debtor, whether or not a claim for post-filing or postpetition interest is allowed in such proceeding) the Note and all other present and future indebtedness, obligations and... liabilities of Debtor to the Secured Party under the Loan Agreement, and all renewals, enlargements, rearrangements and extensions thereof, or any part thereof, now or hereafter owed to Secured Party by Debtor arising from, by virtue of, or pursuant to any Loan Document, or otherwise, together with all interest accruing thereon and all costs, expenses and attorneys' fees incurred in the enforcement or collection thereof, whether such indebtedness, obligations and liabilities are direct, indirect, fixed, contingent, liquidated, unliquidated, joint, several, or joint and several or were, prior to acquisition thereof by Secured Party, owed to some other Person. View More

Obligation. Means any present or future obligation, indebtedness or liability of the Borrower owed to any Lender, of whatever kind and however evidenced, together with all extensions, renewals, amendments, restatements and substitutions thereof or therefor (including, without limitation, each payment of principal or interest on each Advance or any fee or other amount payable under this Agreement or pursuant to any Note.