Common use of Defense of Title and Further Assurances Clause in Contracts

Defense of Title and Further Assurances. The Pledgor will do or cause to be done all things necessary to preserve and to keep in full force and effect its interests in the Stock Collateral, and shall defend, at its sole expense, the title to the Stock Collateral and any part thereof. Further, the Pledgor shall promptly, upon request by the Agent, execute, acknowledge and deliver any financing statement, endorsement, renewal, affidavit, deed, assignment, continuation statement, security agreement, certificate or other document as the Agent may require in order to perfect, preserve, maintain, protect, continue, realize upon, and/or extend the lien and security interest of the Agent under this Agreement and the priority thereof. The Pledgor shall pay to the Agent upon demand all taxes, costs and expenses (including but not limited to reasonable attorney’s fees) incurred by the Agent in connection with the preparation, execution, recording and filing of any such document or instrument mentioned aforesaid.

Appears in 2 contracts

Samples: Pledge, Assignment and Security Agreement (Dcap Group Inc), Pledge, Assignment and Security Agreement (Dcap Group Inc)

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Defense of Title and Further Assurances. The Pledgor will do or cause to be done all things necessary to preserve and to keep in full force and effect its interests in the Stock Collateral, and shall defend, at its sole expense, the title to the Stock Collateral and any part thereof. Further, the Pledgor shall promptly, upon request by the AgentLender, execute, acknowledge and deliver any financing statement, endorsement, renewal, affidavit, deed, assignment, continuation statement, security agreement, certificate or other document as the Agent Lender may require in order to perfect, preserve, maintain, protect, continue, realize upon, and/or extend the lien and security interest of the Agent Lender under this Agreement and the priority thereof. The Pledgor shall pay to the Agent Lender upon demand all taxes, costs and expenses (including but not limited to reasonable attorney’s 's fees) incurred by the Agent Lender in connection with the preparation, execution, recording and filing of any such document or instrument mentioned aforesaid.

Appears in 2 contracts

Samples: Pledge, Assignment and Security Agreement (Dcap Group Inc/), Pledge, Assignment and Security Agreement (Dcap Group Inc/)

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Defense of Title and Further Assurances. The Pledgor will do or cause to be done all things necessary to preserve and to keep in full force and effect affect its interests in the Stock Collateral, and shall defend, at its sole expense, the title to the Stock Collateral and any part thereof. Further, the Pledgor shall promptly, upon request by the Administrative Agent, execute, acknowledge and deliver any financing statement, endorsement, renewal, affidavit, deed, assignment, continuation statement, security agreement, certificate or other document as the Administrative Agent may require in order to perfect, preserve, maintain, protect, continue, realize upon, and/or extend the lien and security interest of the Administrative Agent under this Agreement and the priority thereof. The Pledgor shall pay to the Administrative Agent upon demand all taxes, costs and expenses (including but not limited to reasonable attorney’s fees) incurred by the Administrative Agent in connection with the preparation, execution, recording and filing of any such document or instrument mentioned aforesaid.

Appears in 1 contract

Samples: Pledge, Assignment and Security Agreement (Sunrise Senior Living Inc)

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