Common use of Limitation on Liens on Collateral Clause in Contracts

Limitation on Liens on Collateral. No Grantor shall create, permit or suffer to exist, and each Grantor shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except Permitted Liens. Each Grantor shall, jointly and severally, further defend the right, title and interest of any Secured Party in and to any of such Grantor's rights under the Collateral, including, without limitation, all Chattel Paper, Contracts, Documents, General Intangibles, Pledged Instruments and Investment Property, and to the Inventory, and in and to the Proceeds thereof against the claims and demands of all Persons whomsoever.

Limitation on Liens on Collateral. No Grantor shall create, permit or suffer to exist, and each Grantor shall defend the Collateral against and take such other action as is necessary to remove, any Lien lien on the Collateral, except the Permitted Liens. Each Grantor shall, jointly and severally, further defend the right, title and interest of any Secured Party the Administrative Agent in and to any of such any Grantor's ’s rights under the Collateral, including, without limitation, all Chattel Paper, Contracts, Documents, General Intangibles, Pledged Instruments and Investment Property, Property and to the Inventory, Equipment and Inventory and in and to the Proceeds thereof against the claims and demands of all Persons whomsoever.

Limitation on Liens on Collateral. No Grantor shall create, permit or suffer to exist, and each Grantor shall defend the Collateral against and take such other action as is necessary to remove, any Lien lien on the Collateral, except the Permitted LiensEncumbrances. Each Grantor shall, jointly and severally, further defend the right, title and interest of any Secured Party the Administrative Agent in and to any of such any Grantor's ’s rights under the Collateral, including, without limitation, all Chattel Paper, Contracts, Documents, General Intangibles, Pledged Instruments and Investment Property, Property and to the Inventory, Equipment and Inventory and in and to the Proceeds thereof against the claims and demands of all Persons whomsoever.

Limitation on Liens on Collateral. No Grantor shall create, permit or suffer to exist, and each Grantor shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except Customary Permitted Liens. Each Grantor shall, jointly and severally, further defend the right, title and interest of any Secured Party in and to any of such Grantor's ’s rights under the Collateral, including, without limitation, all Chattel Paper, Contracts, Documents, General Intangibles, Pledged Instruments and Investment Property, and to the Equipment and Inventory, and in and to the Proceeds thereof against the claims and demands of all Persons whomsoever.

Limitation on Liens on Collateral. No Grantor shall create, permit or suffer to exist, and each Grantor shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except the Permitted Liens. Each Grantor shall, jointly and severally, shall further defend the right, title and interest of any Secured Party Administrative Agent in and to any of such Grantor's ’s rights under the Collateral, including, without limitation, all Chattel Paper, Contracts, Documents, General Intangibles, Pledged Instruments and Investment Property, Property and to the Inventory, Equipment and Inventory and in and to the Proceeds thereof against the claims and demands of all Persons whomsoever.

Limitation on Liens on Collateral. No Grantor shall not, directly or indirectly, create, permit or suffer to exist, and each Grantor shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except (a) Permitted LiensLiens and (b) the Lien granted to Secured Party under this Security Agreement. Each Grantor shall, jointly and severally, shall further defend the right, title and interest of any Secured Party Bank in and to any of such Grantor's ’s rights under the Collateral, including, without limitation, all Chattel Paper, Contracts, Documents, General Intangibles, Pledged Instruments and Investment Property, Property and to the Inventory, Equipment and Inventory and in and to the Proceeds thereof against the claims and demands of all Persons persons whomsoever.

Limitation on Liens on Collateral. No Grantor shall create, permit or suffer to exist, and each Grantor shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except the Permitted Liens. Each Grantor shall, jointly and severally, further defend the right, title and interest of any Secured Party the Collateral Agent in and to any of such Grantor's ’s rights under the Collateral, including, without limitation, all Chattel Paper, Contracts, Documents, General Intangibles, Pledged Instruments and Investment Property, Property and to the Inventory, Equipment and Inventory and in and to the Proceeds thereof against the claims and demands of all Persons whomsoever.

Limitation on Liens on Collateral. No Grantor shall create, permit or suffer to exist, and each Grantor shall defend the Collateral against and take such other action as is necessary to remove, any Lien lien on the Collateral, except the Permitted Liens. Each Grantor shall, jointly and severally, further defend the right, title and interest of any Secured Party the Administrative Agent in and to any of such any Grantor's rights under the Collateral, including, without limitation, all Chattel Paper, Contracts, Documents, General Intangibles, Pledged Instruments and Investment Property, Property and to the Inventory, Equipment and Inventory and in and to the Proceeds thereof against the claims and demands of all Persons whomsoever, in each case to the extent constituting Collateral hereunder.

Limitation on Liens on Collateral. No Grantor shall will create, permit or suffer to exist, and each Grantor shall will defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except Permitted Liens. Each Grantor shall, jointly and severally, further will defend the right, title and interest of any Secured Party the Administrative Agent and the Lenders in and to any of such Grantor's rights under the Collateral, including, without limitation, all Chattel Paper, ContractsContractual Obligations, Documents, General Intangibles, Pledged Intangibles and Instruments and Investment Property, (to the extent constituting Collateral) and to the Inventory, Inventory and in and to the Proceeds thereof against the claims and demands of all Persons whomsoever.

Limitation on Liens on Collateral. No Grantor shall create, permit or suffer to exist, and each Grantor shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except Customary Permitted Liens. Each Grantor shall, jointly and severally, further defend the right, title and interest of any Secured Party in and to any of such Grantor's ’s rights under the Collateral, including, without limitation, all Chattel Paper, Pledged Contracts, Documents, General Intangibles, Pledged Instruments and Investment Property, and to the Inventory, and in and to the Proceeds thereof against the claims and demands of all Persons whomsoever.