Defense of Collateral. The Borrower, at its expense, will defend the Collateral against any claims or demands adverse to the Lender's security interest therein and will promptly pay, when due, all taxes or assessments levied against the Borrower on the Collateral.
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Samples: Loan and Security Agreement (Template Software Inc), Loan and Security Agreement (Dunn Computer Corp)
Defense of Collateral. The Borrower, at its expense, will defend the Collateral against any claims or demands adverse to the LenderBank's security interest therein and will promptly pay, when due, all taxes or assessments levied against the Borrower on the Collateral.
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Samples: Credit, Security and Pledge Agreement (Allied Capital Lending Corp), Line of Credit, Security and Pledge Agreement (Allied Capital Lending Corp)
Defense of Collateral. The Borrower, at its expense, will shall defend the Collateral against any claims or demands adverse to the LenderAgent's security interest therein granted hereunder and will shall promptly pay, when due, all taxes or assessments levied against the Borrower on the Collateral.
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Defense of Collateral. The Each Borrower, at its expense, will defend the Collateral against any claims or demands adverse to the Lender's security interest therein and will promptly pay, pay when due, due all taxes or assessments levied against the such Borrower on the Collateral.
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Defense of Collateral. The Borrower, at its expense, will defend the Collateral against any claims or demands adverse to the Lender's security interest therein and will promptly pay, pay when due, due all taxes or assessments levied against the Borrower on the Collateral.
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Defense of Collateral. The BorrowerBorrowers, at its their expense, will defend the Collateral against any claims or demands adverse to the Lender's security interest therein and will promptly pay, when due, all taxes or assessments levied against the any Borrower on the Collateral. Section 3.5.
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