Common use of Defense of Collateral, Etc Clause in Contracts

Defense of Collateral, Etc. The Company shall defend and enforce its right, title and interest in and to any part of: (a) the Pledged Property; and (b) if not included within the Pledged Property , those assets and properties whose loss could have a Material Adverse Effect, the Company shall defend the Secured Party's right, title and interest in and to each and every part of the Pledged Property, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law.

Appears in 32 contracts

Samples: Security Agreement (Eyi Industries Inc), Security Agreement (Global It Holdings Inc), Merger Agreement (Michelex Corp)

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Defense of Collateral, Etc. The Company shall defend and enforce its right, title and interest in and to any part of: (a) the Pledged Property; and (b) if not included within the Pledged Property Property, those assets and properties whose loss could would be reasonably likely to have a Material Adverse Effect, the Company shall defend the Secured Party's right, title and interest in and to each and every part of the Pledged Property, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law.

Appears in 1 contract

Samples: Security Agreement (Nanoscience Technologies Inc)

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Defense of Collateral, Etc. The Company shall defend and enforce its their right, title and interest in and to any part of: (a) the Pledged Property; and (b) if not included within the Pledged Property Property, those assets and properties whose loss could have a Material Adverse Effect, the Company shall defend the Secured Party's right, title and interest in and to each and every part of the Pledged Property, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law.

Appears in 1 contract

Samples: Security Agreement (Nanoscience Technologies Inc)

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