Common use of Limitation of Liens on Collateral Clause in Contracts

Limitation of Liens on Collateral. Borrower will not create, permit or suffer to exist, and will defend the Collateral against and take such other action as is necessary to remove any lien, security interest, encumbrance, claim or right, in or to the Collateral, and will defend the right, title and interest of Lender in and to any of Borrower's rights under the Licenses and to the Proceeds thereof against the claims and demands of all persons whomever.

Limitation of Liens on Collateral. Borrower The Debtor will not create, incur or permit or suffer to exist, and will defend the Collateral against against, and will take such other action as is necessary to remove remove, any lien, security interest, encumbrance, Lien or claim or right, in on or to the Collateral, other than the Bank Liens created hereby and other than as permitted pursuant to the Loan Agreement, and will defend the right, title and interest of Lender the Secured Party in and to any of Borrower's rights under the Licenses and to the Proceeds thereof Collateral against the claims and demands of all persons whomeverwhomsoever.

Limitation of Liens on Collateral. Except for Permitted Liens, Borrower will not create, permit or suffer to exist, and will defend the Collateral against and take such other action as is necessary to remove any lien, security interest, encumbrance, claim or right, in or to the Collateral, and will defend the right, title and interest of Lender in and to any of Borrower's rights under the Licenses any License and to the Proceeds thereof against the claims and demands of all persons whomeverthereof.

Limitation of Liens on Collateral. Borrower will not create, permit or suffer to exist, and will defend the Collateral against and take such other action as is necessary to remove any lien, security interest, encumbrance, claim or right, in or to the Collateral, and will defend the right, title and interest of Lender Agent in and to any of Borrower's rights under the Licenses any License and to the Proceeds thereof against the claims and demands of all persons whomever.

Limitation of Liens on Collateral. Except for Permitted Liens, Borrower will not create, permit or suffer to exist, and will defend the Collateral against and take such other action as is necessary to remove exist any lien, security interest, encumbrance, claim or right, in or to the Collateral, and will defend the right, title and interest of Lender in and to any of Borrower's rights under the Licenses and to the Proceeds thereof against the claims and demands of all persons whomeverunless such a lien, security interest, encumbrance, claim or right would not cause a Material Adverse Effect.