Common use of Defense of Collateral Clause in Contracts

Defense of Collateral. The Company will appear in and defend any action, suit or proceeding which may affect to a material extent its title to, or right or interest in, or Aron’s right or interest in, the Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Par Pacific Holdings, Inc.), Pledge and Security Agreement (Par Petroleum Corp/Co)

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Defense of Collateral. The Company will appear in and defend any action, --------------------- suit or proceeding which may affect to a material extent its title to, or right or interest in, or Aron’s the Collateral Agent's right or interest in, the CollateralCollateral consistent with customary and prudent business practices.

Appears in 1 contract

Samples: Security Agreement (Storage Technology Corp)

Defense of Collateral. The Company will appear in and defend any action, suit or proceeding which may affect to a material extent its title to, or right or interest in, or Aronthe Collateral Agent’s or any other Secured Party’s right or interest in, the Collateral.

Appears in 1 contract

Samples: Security Agreement (Par Pacific Holdings, Inc.)

Defense of Collateral. The Company will appear in and defend any action, suit or proceeding which may affect to a material extent its title to, or right or interest in, or Aron’s the Collateral Agent's right or interest in, the CollateralCollateral consistent with customary and prudent business practices.

Appears in 1 contract

Samples: Security Agreement (Storage Technology Corp)

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Defense of Collateral. The Company will appear in and defend any action, suit or proceeding which may affect to a material extent its title to, or right or interest in, or Aron’s the Investors' right or interest in, the Collateral.

Appears in 1 contract

Samples: Security Agreement (Watson General Corp)

Defense of Collateral. The Company will appear in and defend any --------------------- action, suit or proceeding which may affect to a material extent its title to, or right or interest in, or Aron’s the Agent's right or interest in, the any material portion of Collateral.

Appears in 1 contract

Samples: Revolving Credit Agreement (Micron Technology Inc)

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