Maintenance and Protection of Collateral. Lender may, but shall not be obligated to, take such steps as it deems necessary or desirable to protect, maintain, insure, store, or care for the Collateral, including payment of any liens or claims against the Collateral. Lender may charge any cost incurred in so doing to Grantor. INCOME AND PROCEEDS FROM THE COLLATERAL. Lender may receive all Income and Proceeds and add it to the Collateral. Grantor agrees to deliver to Lender immediately upon receipt, in the exact form received and without commingling with other property, all Income and Proceeds from the Collateral which may be received by, paid, or delivered to Grantor or for Grantor's account, whether as an addition to, in discharge of, in substitution of, or in exchange for any of the Collateral.
Maintenance and Protection of Collateral. The Grantor will keep the Collateral in good order, condition and repair so as to protect and preserve the Collateral and will not permit the Collateral to be affixed to real or personal property so as to become a fixture or accession without the prior written consent of the Agent. The Grantor will not use the Collateral in violation of this Agreement, or any other agreement relating to the Collateral or any policy of insurance thereon, or any applicable law. The Grantor will keep all licences, permits, agreements, registrations and applications relating to intellectual property used by Grantor in good standing. The Grantor shall register all existing and future trademarks, patents, copyrights and industrial designs required for the business of the Grantor. The Grantor shall, at its own cost and expense, defend title to the Collateral and the security interests of the Secured Parties therein against the claim or demand of any person claiming against or through the Grantor and shall maintain and preserve such perfected security interests for so long as this Agreement shall remain in effect.
Maintenance and Protection of Collateral. Lender may, but shall not be obligated to, take such steps as it deems necessary or desirable to protect, maintain, insure, control, receive, or manage the Collateral, including payment of any liens or claims against the Collateral. Xxxxxx may charge any cost incurred in so doing to Borrower.
Maintenance and Protection of Collateral. It will not use the Collateral in violation of this Security Agreement, or any other agreement relating to the Collateral or any policy of insurance thereon, or any applicable law. The Debtor shall, at its own cost and expense, defend title to the Collateral and the Security Interests of the Trustee against the claim or demand of any person claiming against or through the Debtor and shall maintain and preserve such perfected security interests for so long as this Security Agreement shall remain in effect.
Maintenance and Protection of Collateral. Creditor may, but shall not be obligated to, take such steps as it deems necessary or desirable to protect, maintain, insure, store, or care for the Collateral, including paying of any liens or claims against the Collateral. This may include such things as hiring other people, such as attorneys, appraisers or other experts. Creditor may charge Debtor for any cost incurred in so doing. When applicable law provides more than one method of perfection of Creditor’s security interest, Creditor may choose the method(s) to be used. If the Collateral consists of stock, bonds or other investment property for which no certificate has been issued, Debtor agrees, at Creditor’s request, either to request issuance of an appropriate certificate or to give instructions on Creditor’s forms to the issuer, transfer agent, mutual fund company, or broker, as the case may be, to record on its books or records Creditor’s security interest in the Collateral.
Maintenance and Protection of Collateral. Pledgee may, but shall not be obligated to, take such steps as it reasonably deems necessary or desirable to protect, maintain, insure, control, receive or manage the Collateral and the real property encumbered by the SHF Deeds of Trust, including payment of any lien or claims against the Collateral. Pledgee may charge any cost incurred in doing so to Pledgor and all such expenditures incurred or paid by Pledgee will bear interest at the rate charged under the Settlement Note from the date paid by Pledgee to the date of repayment by Pledgor, and will be due and payable on demand.
Maintenance and Protection of Collateral. Lender may, but shall not be obligated to, take such steps as it deems necessary or desirable to protect, maintain, insure, store, or care for the Collateral, including paying of any liens or claims against the Collateral. This may include such things as hiring other people, such as attorneys, appraisers or other experts. Xxxxxx may charge Grantor for any cost incurred in so doing. When applicable law provides more than one method of perfection of Xxxxxx's security interest, Xxxxxx may choose the method(s) to be used. If the Collateral consists of stock, bonds or other investment property for which no certificate has been issued, Grantor agrees, at Xxxxxx's request, either to request issuance of an appropriate certificate or to give instructions on Xxxxxx's forms to the issuer, transfer agent, mutual fund company, or broker, as the case may be, to record on its books or records Xxxxxx's security interest in the Collateral. Xxxxxxx also agrees to execute any additional documents, including but not limited to, a control agreement, necessary to perfect Xxxxxx's security interest as Xxxxxx may desire. Income and Proceeds from the Collateral. Lender may receive all Income and Proceeds and add it to the Collateral. Xxxxxxx agrees to deliver to Xxxxxx immediately upon receipt, in the exact form received and without commingling with other property, all Income and Proceeds from the Collateral which may be received by, paid, or delivered to Grantor or for Grantor's account, whether as an addition to, in discharge of, in substitution of, or in exchange for any of the Collateral.
Maintenance and Protection of Collateral. The Collateral Agent may, but shall not be obligated to, take such steps as it deems necessary or desirable to protect, maintain, insure, store, or care for the Collateral, including paying of any liens or claims against the Collateral not otherwise permitted under this Agreement. This may include such things as hiring other people, such as attorneys, appraisers or other experts. The Collateral Agent may charge Grantor for any cost incurred in so doing.
Maintenance and Protection of Collateral. The Grantor will not do, or suffer to be done, any acts or things whereby the security interest and Lien created hereby might or could be impaired; provided that (a) so long as no Default Event (defined below) has occurred and is continuing, Grantor may retain possession of, use, and deal in the ordinary course of its business with the Collateral, (b) Grantor shall in no event be liable for breach of this Section 4 if the breach arises as a result of or in connection with Select's breach of Select's obligation under Section 11 of this Security Agreement, and (c) Grantor shall in no event be liable for breach of this Section 4 as a result of any failure by Grantor to perform or undertake actions which are or which reasonably could constitute Patent Work (as that term is defined in Section 5.2(a) of the Stock Purchase Agreement).
Maintenance and Protection of Collateral. Lender may, but shall not be obligated to, take such steps as it deems necessary or desirable to protect, maintain, insure, store, or care for the Collateral, inducing paying of any liens or claims against the Collateral. This may include such things as hiring other people, such as attorneys, appraisers or other experts. Lxxxxx may charge Grantor for any cost incurred in so doing. When applicable law provides more than one method of perfection of Lxxxxx’s security interest, Lxxxxx may choose the method(s) to be used. If the Collateral consists of stock, bonds or other investment property for which no certificate has been issued, Grantor agrees, at Lxxxxx’s request, either to request issuance of an appropriate certificate or to give instructions on Lxxxxx’s forms to the issuer, transfer agent, mutual fund company, or broker, as the case may be, to record on its books or records Lxxxxx’s security interest in the Collateral.
