Claims Against Collateral. Maintain the Collateral, as the same is constituted from time to time, free and clear of all Liens, except to the extent, if any, of the Permitted Liens, and Borrowers will defend or cause to be defended the Collateral against all of the claims and demands of all Persons whomsoever (except to the extent, if any, of the Permitted Liens).
Claims Against Collateral. Each Loan Party shall maintain the Collateral free and clear of all Liens, except to the extent, if any, of the Permitted Liens. Each Loan Party will defend or cause to be defended the Collateral against all of the claims and demands of all Persons whomsoever (except to the extent, if any, of the Permitted Liens).
Claims Against Collateral. Each Grantor shall, at its own cost and expense, defend title to the Collateral and the security interest and Lien granted to the Collateral Agent with respect thereto against all claims and demands of all Persons at any time claiming any interest therein adverse to the Collateral Agent or any other Secured Party other than Liens permitted under the Indenture. Except as expressly permitted by the Indenture, there is no agreement to which any Grantor is a party, order, judgment or decree, and no Grantor shall enter into any agreement or take any other action, that could reasonably be expected to restrict the transferability of any of the Collateral or otherwise impair or conflict with such Grantors’ obligations or the rights of the Collateral Agent hereunder.
Claims Against Collateral. The Pledgor shall, within 5 days of receipt of knowledge by the Pledgor, notify GMAC in reasonable detail of any lien, encumbrance or claim made or asserted against the Collateral.
Claims Against Collateral. Borrower shall maintain the Collateral, as the same is constituted from time to time, free and clear of all liens, and the Borrower will defend or cause to be defended the Collateral against all of the claims and demands of all persons whomsoever. Borrower shall not sell, assign, lease, transfer, abandon or otherwise dispose of any of the Collateral except for sales in the ordinary course of business.
Claims Against Collateral. Borrower shall promptly pay or cause to be paid, when due, all costs, charges, and expenses incurred in connection with the Properties; provided, however, Borrower may, in good faith, in lieu of paying such costs, charges, and expenses as they become due, contest the validity thereof by appropriate proceedings after posting with Lender if such amount is in excess of $250,000.00 either: (i) a bond on such terms, in such amount, and with such surety reasonably acceptable to Lender or (ii) cash equal to one hundred fifty percent (150%) of such contested sums for payment of such costs, charges or expenses.
Claims Against Collateral. EPC shall, within 5 Business Day of receipt of knowledge by EPC, notify Lender in reasonable detail, of any Lien or claim made or asserted against the Collateral.
Claims Against Collateral. The Borrowers will not permit (i) to occur any attachment or distraint of any of the Loan Collateral or other security for the Obligations or (ii) any of the Loan Collateral or other security for the Obligations to become subject, at any time, to any mandatory court order or other legal process except for the attachment, distraint, court order or other legal process involving an amount less than One Hundred Thousand and 00/100 Dollars ($100,000.00); provided, however, that the Borrowers shall provide the Agent notice thereof promptly after receiving notice thereof or otherwise obtaining knowledge thereof.
Claims Against Collateral. The Grantor shall, at its own cost and expense, defend title to the Collateral and the First Priority security interest and Xxxx granted to Collateral Agent for the benefit of the Secured Parties with respect thereto against all Claims and demands of all Persons at any time claiming any interest therein adverse to the Noteholders other than Permitted Liens. Except as expressly permitted by the Note or any other Note Document (including for the avoidance of doubt, such as may relate to Permitted Liens), there is no agreement, order, judgment or decree, and the Grantor shall not enter into any agreement or take any other action, that would reasonably be expected to restrict the transferability of any of the Collateral or otherwise impair or conflict with the Grantor’s obligations or the rights of Collateral Agent hereunder.
Claims Against Collateral. Each Debtor shall, at its own cost and expense, defend title to the Collateral and the first priority security interest and Lien granted to the Administrative Agent with respect thereto against all claims and demands of all persons at any time claiming any interest therein adverse to the Administrative Agent other than Permitted Liens. Except as expressly permitted by the Credit Agreement or any other Loan Document, or created pursuant to a Permitted Lien, there is no agreement, order, judgment decree in effect on the Closing Date, and no Debtor shall enter into any agreement or take any other action after the Closing Date that restricts the transferability of any of the Collateral or otherwise impair or conflict with such Debtor’s obligations or the rights of the Administrative Agent hereunder.
