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EACH AND EVERY LIABILITY DUE OR TO BECOM E DUE FROM ANY OBLIGOR INTO THE DEBENTUR E (AS DEFINED) TO THE CHARGEE AS TRUSTEE FOR THE BENEFICIARIES (AS DEFINED) OR A NY OF THE OTHER BENEFICIARIES UNDER OR P URSUANT TO ANY OF THE FINANCE DOCUMENTS (AS DEFINED) INCLUDING ANY LIABILITY IN RESPECT OF ANY FURTHER ADVANCES AND ON A NY ACCOUNT WHATSOEVER

EACH AND EVERY LIABILITY (PRESENT AND FU TURE) WHICH ANY OBLIGOR (AS THEREIN DEFI NED) MAY HAVE TO THE CHARGEE (AS TRUSTEE FOR THE BENEFICIARIES, AS THEREIN DEFIN ED)) (WHETHER FOR ITS OWN ACCOUNT OR AS TRUSTEE FOR THE BENEFICIARIES), OR ANY O THER BENEFICIARIES ON ANY ACCOUNT WHATSO EVER UNDER OR PURSUANT TO ANY OF THE FIN ANCE DOCUMENTS (AS THEREIN DEFINED), INC LUDING ANY LIABILITY IN RESPECT OF ANY F URTHER ADVANCES MADE THEREUNDER AND EVER Y SUM OWING DUE OR INCURRED BY ANY OBLIG OR TO THE CHARGEE (AS TRUSTEE FOR THE BE NEFICIARIES) (WHETHER FOR ITS OWN ACCOUN T OR AS TRUSTEE FOR THE BENEFICIARIES) O R ANY OF THE OTHER BENEFICIARIES IN RESP ECT OF ANY SUCH LIABILITIES

EACH AND EVERY LIABILITY (PRESENT AND FU TURE) WHICH ANY OBLIGOR MAY HAVE TO THE CHARGEE UNDER OR PURSUANT TO ANY OF THE FINANCE DOCUMENTS, INCLUDING ANY LIABILI TY IN RESPECT OF ANY FURTHER ADVANCES MA DE THEREUNDER AND EVERY SUM (OF PRINCIPA L, INTEREST OR OTHERWISE, PRESENT OR FUT URE) OWING, DUE OR INCURRED BY ANY OBLIG OR TO THE BANK IN RESPECT OF SUCH LIABIL ITIES (THE "SECURED OBLIGATIONS")

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