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<br />event, shall include any liabilities secured by any mortgage,
<br />pledge, lien or security interest existing on such person's owned
<br />or acquired property.
<br />1.14 'Maximum Credit' shall mean the lesser of: (a}
<br />$10,000,000 or (b) the maximum. principal amount of loans„ advances
<br />and other financial accommodations which Borrower is authorized to
<br />borrow or obtain from Congress under the terms oP any interim
<br />Financing Order for the time period covered by such interim
<br />Financing Order.
<br />1.15 'Obligations" shall mean all now existing and. hereafter
<br />arising obligations, liabilities and indebtedness of Boz~rower to
<br />Congress and/or its affiliates or participants, of every kind and
<br />description, however evidenced, whether direct or indirect,
<br />absolute or contingent, joint or several, secured or une;ecured,
<br />due or not due, primary or secondary, liquidated or unli.quidated,
<br />whether arising before, during or after the initial or e:ny renewal
<br />term of the Financing Agreements, or after the conversion or
<br />dismissal of the Chapter it Case, or before, during and after the
<br />confirmation of any plan of reorganization in the ChaptE:r 11 Case,
<br />whether arising under or related to this Agreement, the other
<br />Financing Agreements, the Financing Order or by operation of law,
<br />and whether incurred by Borrower as principal, surety, endorser,
<br />guarantor or otherwise and including, without limitation, all
<br />principal, interest, financing charges, early termination and
<br />other fees, commissions, costs, expenses and attorneys' and
<br />accountants' fees and expenses incurred in connection with any of
<br />the foregoing.
<br />1.16 "Person' or "person" shall mean any individual, sole
<br />proprietorship, partnership, corporation (including a business
<br />trust), unincorporated association, joint stock corporation,
<br />trust, joint venture or other entity or government or any agency
<br />or instrumentality or political subdivision thereof.
<br />1.17 °Subsidiary" or 'subsidiary' shall mean any
<br />corporation, association or organization, active or ina<:tive, as
<br />to which more than fifty (50$) percent of the outstanding voting
<br />stock or shares or interests shall now or hereafter be owned or
<br />controlled, directly or indirectly by any Person, any Subsidiary
<br />of such Person, or any Subsidiary of such Subsidiary.
<br />1.18 All terms not specifically defined herein which are
<br />defined in the Uniform Commercial Code shall have the meaning set
<br />forth therein, except that the term "'lien' shall have the meaning
<br />set forth in Section 101(33) of the Bankruptcy Code.
<br />Section 2. ADDITIONAL REPRESENTATIONS, WARRANTIES AND COVENANTS
<br />In addition to the representations, warranties and covenants
<br />contained in the Agreement, Borrower hereby represents, warrants
<br />and covenants to Congress the following, the truth and accuracy of
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