Condition of Collateral. The Debtor shall maintain the Collateral in good condition and operate the Collateral with reasonable care and caution and the Debtor hereby indemnifies and holds the Secured Party harmless from any and all loss, damage and liability suffered, incurred or asserted by or against the Secured Party as a result of the use and operation of the Collateral.
Appears in 16 contracts
Samples: Security Agreement (Xa, Inc.), Security Agreement (Xa, Inc.), Security Agreement (Xa, Inc.)
Condition of Collateral. The Debtor shall maintain the Collateral in ------------------------ good condition and operate the Collateral with reasonable care and caution and the Debtor hereby indemnifies and holds the Secured Party harmless from any and all loss, damage and liability suffered, incurred or asserted by or against the Secured Party as a result of the use and operation of the Collateral.
Appears in 3 contracts
Samples: Security Agreement (Xa, Inc.), Security Agreement (Xa, Inc.), Security Agreement (Xa, Inc.)
Condition of Collateral. The Debtor shall maintain the Collateral in good condition and operate the Collateral with reasonable care and caution and the Debtor hereby indemnifies and holds the Secured Party Parties harmless from any and all loss, damage and liability suffered, incurred or asserted by or against the Secured Party Parties as a result of the use and operation of the Collateral.
Appears in 2 contracts
Samples: Security Agreement (Manhattan Pharmaceuticals Inc), Security Agreement (BAXL Holdings, Inc.)
