means any and all moneys, liabilities and obligations (whether actual or contingent, whether now existing or hereafter arising, whether or not for the payment of money) from time to time due and owing to the Secured Party by the Chargor pursuant to the Promissory Note, provided that,notwithstanding anything to the contrary herein, any amount due by the Chargor to the Secured Party under the Promissory Note or this Agreement shall be reduced by any and all amounts received by the Secured Party under or in connection with the Guarantee dated on or about the date hereof between Dr. Musab Jassim Al Qassimi, as guarantor, and the Chargor;