Common use of Covenants with Respect to Collateral Clause in Contracts

Covenants with Respect to Collateral. The Pledgor hereby covenants and agrees with respect to the Pledged Collateral as follows: (A) The Pledgor will cause any additional securities issued by MCTC or property issued by MCTC with respect to the Pledged Collateral, whether for value paid by the Pledgor or otherwise, to be forthwith deposited and pledged hereunder and delivered to CoBank, in each case accompanied by proper instruments of assignment duly executed; and (B) The Pledgor will defend its title to the Pledged Collateral against the claims of all persons whomsoever.

Covenants with Respect to Collateral. The Pledgor hereby covenants and agrees with respect to the Pledged Collateral as follows: (A) The Pledgor will cause any additional securities issued by MCTC any of the Borrowers or property issued by MCTC any of the Borrowers with respect to the Pledged Collateral, whether for value paid by the Pledgor or otherwise, to be forthwith deposited and pledged hereunder and delivered to CoBank, in each case accompanied by proper instruments of assignment duly executed; and (B) The Pledgor will defend its title to the Pledged Collateral against the claims of all persons whomsoever.

Covenants with Respect to Collateral. The Pledgor hereby covenants and agrees with respect to the Pledged Collateral as follows: (A) The Pledgor will cause any additional securities issued by MCTC the Borrower or property issued by MCTC the Borrower with respect to the Pledged Collateral, whether for value paid by the Pledgor or otherwise, to be forthwith deposited and pledged hereunder and delivered to CoBank, in each case accompanied by proper instruments of assignment duly executed; and (B) The Pledgor will defend its title to the Pledged Collateral against the claims of all persons whomsoever.