Common use of Defense of Collateral Clause in Contracts

Defense of Collateral. Assignor shall at all times defend the Collateral against all claims and demands of all persons at any time claiming any interest in the Collateral adverse to Agent’s interest in the Collateral as granted hereunder.

Appears in 5 contracts

Samples: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.)

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Defense of Collateral. Assignor shall at all times defend the Collateral against all claims and demands of all persons at any time claiming any interest in the Collateral adverse to Agent’s 's interest in the Collateral as granted hereunder.

Appears in 2 contracts

Samples: Assignment of Member's Interest (Wellsford Real Properties Inc), Assignment of Member's Interest (Wellsford Real Properties Inc)

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