Defend the Collateral Clause Samples
The 'Defend the Collateral' clause obligates a party, typically the borrower, to protect the collateral pledged under an agreement from any legal claims, encumbrances, or actions that could threaten its value or the lender's security interest. In practice, this means the borrower must take necessary steps to prevent third parties from asserting rights over the collateral, such as promptly addressing liens or legal disputes. The core function of this clause is to ensure that the lender's interest in the collateral remains secure and unchallenged, thereby reducing the risk of loss or complications in the event of default.
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Defend the Collateral. TES shall, at its own expense, defend the Collateral against the claims and demands of all persons and entities, and shall take or cause to be taken all actions necessary or appropriate to preserve, protect and maintain good right and title to all of the Collateral at all times.
Defend the Collateral. Debtor shall defend the title to the Collateral ------ --- ----------- against all persons and against all claims and demands whatsoever, which Collateral, except for the security interest granted hereby, is lawfully owned by Debtor and is now free and clear of any and all liens, security interests, claims, charges, encumbrances, taxes, and assessments of any kind, except as may be set forth on the Schedules. At the request of Secured Party, Debtor shall furnish adequate assurance of title, execute any written agreement or do any other acts reasonably necessary to effectuate the purposes and provisions of this Agreement, execute any instrument or statement required by law or otherwise in order to perfect, continue, or terminate the security interest of Secured Party in the Collateral and pay all reasonable costs of filing in connection therewith.
Defend the Collateral. In the event that the Collateral shall hereafter become subject to any lien, encumbrance, security interest or claim of any other person or entity (other than with the express written consent of the Collateral Agent), the Obligors shall immediately undertake to secure the release of the Collateral from such lien, encumbrance, security interest or claim at the Obligors’ own cost and expense. The Obligors shall appear in and defend any action or proceeding which may affect the security interest of the Collateral Agent in the Collateral.
Defend the Collateral. The Borrower shall at its own expense, defend the Collateral against claims and demands of all persons and entities, and shall take or cause to be taken all actions necessary or appropriate to preserve, protect and maintain good right and title to all of the Collateral at all times.