Common use of Defense of Claims; Transferability of Collateral Clause in Contracts

Defense of Claims; Transferability of Collateral. Each Pledgor shall, at its own cost and expense, defend title to the Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Collateral Agent or any other Secured Party other than holders of obligations or other liabilities secured by Permitted Liens.

Appears in 2 contracts

Samples: Security Agreement (iPCS, INC), Security Agreement (iPCS, INC)

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Defense of Claims; Transferability of Collateral. Each Pledgor shall, at its own cost and expense, defend title to the Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Collateral Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, Persons at any time claiming any interest therein adverse to the Collateral Administrative Agent or any other Secured Party other than holders of obligations or other liabilities secured by Permitted LiensLender.

Appears in 1 contract

Samples: Pledge Agreement (Postal Realty Trust, Inc.)

Defense of Claims; Transferability of Collateral. Each Pledgor shall, at its own cost and expense, defend title to the Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Collateral Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, persons at any time claiming any interest therein adverse to the Collateral Administrative Agent or any other Secured Party other than holders of obligations or other liabilities secured by Permitted LiensLender.

Appears in 1 contract

Samples: Credit Agreement (American Realty Capital Trust V, Inc.)

Defense of Claims; Transferability of Collateral. Each Except as otherwise permitted by the Indenture, each Pledgor shall, at its own cost and expense, use its commercially reasonable efforts to defend title to the Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Collateral Agent and the priority thereof against all claims and demands of all personsPersons, at its own cost and expense, at any time claiming any interest therein adverse to the Collateral Agent or any other Secured Party Party, other than such claims and demands brought by holders of obligations or other liabilities secured by Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (GOOD TECHNOLOGY Corp)

Defense of Claims; Transferability of Collateral. Each Pledgor shall, at its own cost and expense, take commercially reasonable actions to defend title to the Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Collateral Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Collateral Agent or any other Secured Party Lien thereon other than holders Liens permitted pursuant to Section 6.02 of obligations or other liabilities secured by Permitted Liensthe Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Cable One, Inc.)

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Defense of Claims; Transferability of Collateral. Each Pledgor shall, at its own cost and expense, defend title to the Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Collateral Agent or any other Secured Party other than holders of obligations or Permitted Collateral Liens (other liabilities secured by Permitted than Contested Liens).

Appears in 1 contract

Samples: Security Agreement (Granite Broadcasting Corp)

Defense of Claims; Transferability of Collateral. Each Pledgor shall, at its own cost and expense, take commercially reasonable actions to defend title to the Collateral pledged by it hereunder and the security interest therein and Lien Xxxx thereon granted to the Collateral Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Collateral Agent or any other Secured Party Lien thereon other than holders Liens permitted pursuant to Section 6.03 of obligations or other liabilities secured by Permitted Liensthe Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (On Semiconductor Corp)

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