Maintenance of Perfected Security Interest Further Documentation and Consents. (a) [Reserved]. (b) Such Grantor shall (i) maintain the security interest in the Collateral created by this Agreement as a perfected security interest having at least the priority described in Section 4.2 and (ii) shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all Persons.
Appears in 2 contracts
Samples: Second Lien Guaranty and Security Agreement (Westwood One Inc /De/), Guaranty and Security Agreement (Westwood One Inc /De/)
Maintenance of Perfected Security Interest Further Documentation and Consents. (a) [Reserved].
(b) Such To the extent that an item of Collateral is required to be perfected pursuant to this Article IV, such Grantor shall (i) maintain the security interest in the Collateral created by this Agreement as a perfected security interest having at least the priority described in Section 4.2 3.2 and (ii) shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all Persons.
Appears in 2 contracts
Samples: Security Agreement (Olympic-Cascade Publishing, Inc.), Security Agreement (Newsprint Ventures, Inc.)