Common use of Defense of Litigation Clause in Contracts

Defense of Litigation. To appear in and defend any action or proceeding which may materially and adversely affect the Pledgor's title to or each Secured Party's interest in the Collateral;

Appears in 5 contracts

Samples: Stock and Partnership Interest Pledge Agreement (National Golf Properties Inc), Stock and Partnership Interest Pledge Agreement (National Golf Properties Inc), Pledge Agreement (National Golf Properties Inc)

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Defense of Litigation. To appear in and defend any action or proceeding which may materially and adversely affect the Pledgor's title to or each Secured Partythe Lender's interest in the Collateral;

Appears in 2 contracts

Samples: Partnership Interest Pledge Agreement (National Golf Properties Inc), Partnership Interest Pledge Agreement (National Golf Properties Inc)

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