Common use of Limitation of Liens on Collateral Clause in Contracts

Limitation of Liens on Collateral. The Pledgor will not create, incur or permit to exist, will defend the Collateral against, and will take such other action as is necessary to remove, any Lien or claim 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 the Secured Party in and to any of the Collateral against the claims and demands of all persons whomsoever.

Limitation of Liens on Collateral. The Pledgor will not create, incur --------------------------------- permit or permit suffer to exist, and will defend the Collateral against, against and will take such other action as is necessary to remove, any Lien lien, security interest or claim encumbrance on or to the Collateral, other than Collateral except for the Bank Liens created hereby and other than as permitted pursuant to the Loan Agreementsecurity interest of Secured Party hereunder, and will defend the right, title and interest of the Secured Party in and to any of the Pledgor's rights under the Collateral against the claims and demands of all entities and persons whomsoever.

Limitation of Liens on Collateral. The Pledgor will not create, incur --------------------------------- permit or permit suffer to exist, and will defend the Collateral against, against and will take such other action as is necessary to remove, any Lien lien, security interest or claim encumbrance on or to the Collateral, other than Collateral except for (i) the Bank Liens created hereby and other than as permitted pursuant to the Loan Agreement, security interest of Secured Party hereunder and will defend the right, title and interest of the Secured Party in and to any of the Pledgor's rights under the Collateral against the claims and demands of all entities and persons whomsoever. Pledgor shall promptly pay when due all claims (including claims for labor, material and supplies) against the Collateral.

Limitation of Liens on Collateral. The Pledgor will not create, incur permit --------------------------------- or permit suffer to exist, and will defend the Collateral against, against and will take such other action as is necessary to remove, any Lien lien, security interest or claim encumbrance on or to the Collateral, other than Collateral except for the Bank Liens created hereby and other than as permitted pursuant to the Loan Agreementsecurity interest of Secured Party hereunder, and will defend the right, title and interest of the Secured Party in and to any of the Pledgor's rights under the Collateral against the claims and demands of all entities and persons whomsoever.