Secured Obligations definition: Copy, customize, and use instantly
Introduction
The term "Secured Obligations" refers to financial, contractual, or legal commitments that are backed by collateral to ensure fulfillment. These obligations typically arise in loan agreements, credit facilities, and secured transactions, providing lenders with security in case of default.
Below are various definitions of "Secured Obligations" in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Secured Obligations" as debt repayment obligations
This definition ties "Secured Obligations" to repayment liabilities backed by collateral.
"Secured Obligations" means all amounts owed by the Borrower, including principal, interest, fees, and other charges, that are secured by the collateral described in the Security Agreement.
Definition of "Secured Obligations" as obligations under a credit agreement
This definition connects "Secured Obligations" to credit facility agreements.
"Secured Obligations" refers to all present and future obligations of the Borrower under the Credit Agreement, including loans, advances, and reimbursement obligations for letters of credit.
Definition of "Secured Obligations" as obligations under a revolving credit facility
This definition links "Secured Obligations" to revolving credit arrangements.
"Secured Obligations" includes all amounts owed under the revolving credit facility, including drawn and undrawn amounts, accrued interest, fees, and any other amounts payable by the Borrower.
Definition of "Secured Obligations" as bond and note liabilities
This definition applies "Secured Obligations" to bond and note issuances.
"Secured Obligations" means all principal, interest, penalties, and other sums payable under bonds, notes, and similar instruments secured by pledged assets.
Definition of "Secured Obligations" as performance obligations in a contract
This definition clarifies "Secured Obligations" in service or contract performance contexts.
"Secured Obligations" refers to the contractual duties of the Obligor to perform specified actions, including the provision of services, delivery of goods, and compliance with agreed terms, all secured by designated collateral.
Definition of "Secured Obligations" as obligations under derivative transactions
This definition describes "Secured Obligations" in the derivatives market.
"Secured Obligations" includes all payment and performance obligations arising from swap agreements, forward contracts, options, and other derivative transactions secured by collateral.
Definition of "Secured Obligations" as lease payment obligations
This definition applies "Secured Obligations" to lease agreements.
"Secured Obligations" means all present and future lease payment obligations, including rent, taxes, and other charges secured by the leased property or other collateral.
Definition of "Secured Obligations" as liabilities under a guaranty agreement
This definition clarifies "Secured Obligations" as guaranteed liabilities.
"Secured Obligations" refers to all liabilities, debts, and duties guaranteed by the Guarantor, secured by pledged assets or security interests.
Definition of "Secured Obligations" as trade finance obligations
This definition ties "Secured Obligations" to trade finance transactions.
"Secured Obligations" includes all liabilities arising from trade financing, including letters of credit, import/export financing, and factoring arrangements secured by trade receivables.
Definition of "Secured Obligations" as obligations under a margin loan
This definition connects "Secured Obligations" to margin lending agreements.
"Secured Obligations" means all amounts owed under a margin loan agreement, including principal, accrued interest, and fees, secured by the pledged securities or financial assets.
Definition of "Secured Obligations" as environmental compliance liabilities
This definition links "Secured Obligations" to regulatory and compliance matters.
"Secured Obligations" refers to all environmental remediation costs, penalties, and compliance obligations secured by dedicated financial assurances or pledged collateral.
Definition of "Secured Obligations" as tax liabilities secured by collateral
This definition applies "Secured Obligations" to tax-related financial obligations.
"Secured Obligations" includes all unpaid taxes, duties, and related penalties or interest that are secured by liens on assets or other pledged security.
Definition of "Secured Obligations" as indemnity obligations
This definition describes "Secured Obligations" in indemnification contexts.
"Secured Obligations" means all indemnification liabilities, including defense costs, settlements, and judgments, secured by specific assets or financial guarantees.
Definition of "Secured Obligations" as bankruptcy and restructuring liabilities
This definition clarifies "Secured Obligations" for insolvency cases.
"Secured Obligations" includes all pre- and post-petition debts and liabilities that remain secured under applicable bankruptcy or restructuring proceedings.
Definition of "Secured Obligations" as obligations under a purchase and sale agreement
This definition ties "Secured Obligations" to transactional commitments.
"Secured Obligations" refers to all payment and performance duties under a purchase and sale agreement, including deposit guarantees and installment payments secured by collateral.
Definition of "Secured Obligations" as construction loan liabilities
This definition connects "Secured Obligations" to real estate financing.
"Secured Obligations" means all principal, interest, fees, and construction-related disbursements secured by a mortgage or deed of trust.
Definition of "Secured Obligations" as software licensing payment duties
This definition links "Secured Obligations" to intellectual property licensing.
"Secured Obligations" refers to all royalty payments, subscription fees, and compliance duties under a software licensing agreement secured by financial guarantees.
Definition of "Secured Obligations" as obligations under venture capital funding
This definition applies "Secured Obligations" to startup financing.
"Secured Obligations" includes all amounts owed under venture financing agreements, including convertible debt, SAFE instruments, and equity investments secured by corporate assets.
Definition of "Secured Obligations" as obligations under a cross-border financing arrangement
This definition describes "Secured Obligations" in international finance.
"Secured Obligations" means all obligations arising from cross-border loan agreements, currency hedging transactions, and sovereign debt securities secured by pledged assets.
Definition of "Secured Obligations" as obligations under a syndicated loan
This definition applies "Secured Obligations" to multi-lender credit facilities.
"Secured Obligations" refers to all present and future amounts owed under a syndicated loan agreement, including commitments to multiple lenders, secured by specified collateral.
Definition of "Secured Obligations" as unfunded commitments secured by assets
This definition clarifies "Secured Obligations" for contingent liabilities.
"Secured Obligations" means all unfunded commitments, including undrawn loan amounts and contingent payment obligations, that are backed by pledged security interests.
Definition of "Secured Obligations" as obligations under a mezzanine financing arrangement
This definition ties "Secured Obligations" to subordinated lending structures.
"Secured Obligations" includes all principal, interest, and fees owed under a mezzanine financing arrangement, secured by equity pledges or subordinated liens.
Definition of "Secured Obligations" as deferred payment liabilities
This definition connects "Secured Obligations" to delayed financial obligations.
"Secured Obligations" refers to all deferred payment obligations, including installment payments and extended credit terms, secured by collateral to ensure fulfillment.
Definition of "Secured Obligations" as financial obligations in a joint venture
This definition applies "Secured Obligations" to co-financed business projects.
"Secured Obligations" means all financial commitments made by a joint venture party, including capital contributions and operational funding, secured by project assets.
Definition of "Secured Obligations" as secured employee compensation liabilities
This definition describes "Secured Obligations" in employment contexts.
"Secured Obligations" includes all unpaid wages, bonuses, severance payments, and employee benefits secured by company assets or a dedicated reserve fund.
Definition of "Secured Obligations" as vendor financing liabilities
This definition ties "Secured Obligations" to supplier credit arrangements.
"Secured Obligations" refers to all outstanding balances, deferred payments, and financing obligations owed to suppliers or vendors, secured by goods or receivables.
Definition of "Secured Obligations" as secured intellectual property obligations
This definition connects "Secured Obligations" to IP-related financial commitments.
"Secured Obligations" means all license fees, patent royalties, and intellectual property-related debts that are backed by pledged assets or licensing rights.
Definition of "Secured Obligations" as obligations under a bridge loan
This definition applies "Secured Obligations" to short-term financing.
"Secured Obligations" includes all amounts due under a bridge loan facility, including interest, fees, and extensions, secured by interim collateral.
Definition of "Secured Obligations" as secured working capital loans
This definition clarifies "Secured Obligations" for operational financing.
"Secured Obligations" refers to all outstanding balances under a working capital loan, secured by accounts receivable, inventory, or other liquid assets.
Definition of "Secured Obligations" as obligations under a restructuring plan
This definition ties "Secured Obligations" to corporate debt restructuring.
"Secured Obligations" includes all renegotiated or restructured debt commitments, secured by liens or asset pledges, arising under an approved restructuring plan.
Definition of "Secured Obligations" as secured obligations under a profit-sharing arrangement
This definition connects "Secured Obligations" to performance-based financial commitments.
"Secured Obligations" means all profit-sharing distributions and performance-based financial obligations secured by pledged revenue streams or corporate assets.
Definition of "Secured Obligations" as secured obligations under an escrow arrangement
This definition applies "Secured Obligations" to escrowed funds.
"Secured Obligations" refers to all funds held in escrow to guarantee future payments or contractual performance, secured by the underlying escrow agreement.
Definition of "Secured Obligations" as secured regulatory compliance costs
This definition describes "Secured Obligations" in legal and regulatory contexts.
"Secured Obligations" includes all penalties, fines, and compliance-related expenditures secured by financial guarantees or restricted reserves.
Definition of "Secured Obligations" as secured obligations under an asset-backed security
This definition ties "Secured Obligations" to structured finance transactions.
"Secured Obligations" means all payment and performance liabilities under an asset-backed security arrangement, secured by the underlying pool of receivables or assets.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.