Common use of Lien Notices Clause in Contracts

Lien Notices. The Leasing Company will defend its interest in the Collateral against all claims and demands of all persons at any time claiming the same or any interest therein and the Leasing Company will not permit any Lien Notices with respect to the Collateral or any portion thereof to exist or be on file in any public office for more than 30 days after the Leasing Company shall have notice thereof, except with respect to Permitted Liens or Liens otherwise permitted by Section 4.11 of the Senior Note Indenture. The Leasing Company will advise the Collateral Agent and the Trustees promptly, in reasonable detail, at the addresses as specified in Section 17(a) of this Agreement, of any Lien (other than Permitted Liens) on, or claim asserted against, any of the Collateral.

Lien Notices. The Leasing Company will defend its interest in the Collateral against all claims and demands of all persons at any time claiming the same or any interest therein therein, and the Leasing Company will not permit any Lien Notices with respect to the Collateral or any portion thereof to exist or be on file in any public office for more than 30 days after the Leasing Company shall have notice thereof, except with respect to Permitted Liens or Liens otherwise permitted by Section 4.11 of the Senior Note Indenture. The Leasing Company will advise the Collateral Agent and the Trustees promptly, in reasonable detail, at the addresses as specified in Section 17(a) of this Agreement, of any Lien (other than Permitted Liens) on, or claim asserted against, any of the Collateral.