Common use of Defense of Account Collateral Clause in Contracts

Defense of Account Collateral. Such Borrower Entity shall defend its Account Collateral against all claims and demands of all Persons (other than the Administrative Agent and the other Secured Parties and any other Person holding any Permitted Lien) claiming an interest in any of Account Collateral.

Appears in 3 contracts

Samples: Credit Agreement (Orion Power Holdings Inc), Partnership Interest Pledge Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc)

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Defense of Account Collateral. Such Borrower Entity It shall defend its Account Collateral against all claims and demands of all Persons (other than the Administrative Collateral Agent and the other Secured Parties and any other Person holding any Permitted LienParties) claiming an interest in any of the Account Collateral.

Appears in 1 contract

Samples: Deposit Account Agreement (Orion Power Holdings Inc)

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