Maintenance of Perfected Security Interest; Further Documentation. (a) The Grantor shall maintain the Security Interests created by this Agreement as perfected security interests subject to no Liens other than Permitted Liens and shall defend such security interests against the claims and demands of all Persons whomsoever, and shall maintain and preserve the Lien hereby created so long as any of the Secured Obligations remains unpaid.
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Samples: Security Agreement (GMX Resources Inc), Security Agreement (GMX Resources Inc)
Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain the Security Interests created by this Agreement hereby as perfected security interests (subject to no Liens other than any Permitted Lien, Revolving Liens and the terms of the Intercreditor Agreement) and shall take commercially reasonable actions to defend such security interests the Security Interests created hereby and the priority thereof against the claims and demands of all Persons whomsoever, and shall maintain and preserve the Lien hereby created so long as any other than holders of the Secured Obligations remains unpaidPermitted Liens.
Appears in 2 contracts
Samples: Security Agreement, Security Agreement (Milacron Holdings Corp.)
Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain the Security Interests security interests of the Administrative Agent (for the benefit of the Secured Parties) created by this Agreement as perfected security interests subject to no Liens other than Permitted Liens having at least the priority described in Section 4.2 and shall defend such security interests against the claims and demands of all Persons whomsoever, and shall maintain and preserve subject to the Lien hereby created so long as any rights of such Grantor under the Loan Documents to dispose of the Secured Obligations remains unpaidCollateral and subject to the rights of a holder of Permitted Liens.
Appears in 2 contracts
Samples: Credit Agreement (CrowdStrike Holdings, Inc.), Credit Agreement (CrowdStrike Holdings, Inc.)
Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain the Security Interests security interests of the Administrative Agent and the other Secured Parties created by this Agreement as perfected security interests subject (to no Liens other than Permitted Liens the extent such security interests are required to be perfected under the terms of this Agreement) having at least the priority described in Section 3.2 and shall defend such security interests against the claims and demands of all Persons whomsoeverwhomsoever (other than to the extent such claims or demands are based on Permitted Priority Liens), and shall maintain and preserve subject to the Lien hereby created so long as any rights of such Grantor under the Secured Obligations remains unpaidLoan Documents to dispose of Collateral.
Appears in 2 contracts
Samples: Credit Agreement (JELD-WEN Holding, Inc.), Credit Agreement (JELD-WEN Holding, Inc.)
Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain the Security Interests security interest created by this Agreement (other than with respect to Specified Collateral), subject to any limitations with respect to perfection set forth in the Indenture and this Agreement as a perfected security interests interest having at least the priority described in Section 4.2 of this Agreement (subject to no Liens other than Permitted Liens permitted by the Indenture) and shall defend such security interests interest against the claims and demands of all Persons whomsoever, subject to the rights of such Grantor under the Indenture and shall maintain and preserve the Lien hereby created so long as any Collateral Documents to dispose of the Secured Obligations remains unpaidCollateral.
Appears in 2 contracts
Samples: Security Agreement (Lri Holdings, Inc.), Joinder Agreement (Logan's Roadhouse of Kansas, Inc.)
Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain the Security Interests created by this Agreement hereby as perfected first priority security interests (subject to no Liens other than any Permitted Liens Lien and the terms of the Intercreditor Agreement) and shall defend such security interests the Security Interests created hereby and the priority thereof against the claims and demands not expressly permitted by the Term Loan Credit Agreement of all Persons whomsoever, and shall maintain and preserve the Lien hereby created so long as any of the Secured Obligations remains unpaid.
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Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain cooperate with Collateral Agent in maintaining the Security Interests security interest created by this Agreement as a perfected security interests subject to no Liens other than Permitted Liens interest having at least the priority described in Section 4.2 and shall defend such security interests interest against the claims and demands of all Persons whomsoever, subject to the rights of such Grantor under the Note Documents to dispose of the Collateral or incur Permitted Liens (in each case in accordance with the terms and conditions of the Note Documents); provided that Pledged Equity shall maintain and preserve not be subject to any Lien except the Lien hereby created so long as any of the Secured Obligations remains unpaidhereby.
Appears in 1 contract
Samples: Guaranty and Collateral Agreement (Numerex Corp /Pa/)
Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain the Security Interests created by this Agreement hereby as perfected first priority security interests (subject to no Liens other than any Permitted Liens Lien and the terms of the Intercreditor Agreement) and shall defend such security interests the Security Interests created hereby and the priority thereof against the claims and demands not expressly permitted by the Revolving Credit Agreement of all Persons whomsoever, and shall maintain and preserve the Lien hereby created so long as any of the Secured Obligations remains unpaid.
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Maintenance of Perfected Security Interest; Further Documentation. (a1) The Each Grantor shall will not create, incur or permit to exist any Lien or claim on or to the Collateral, other than the security interests created hereby and other than as permitted pursuant to the Indenture, will maintain the Security Interests security interest created by this Agreement as a perfected security interests interest (subject only to no Liens other than Permitted Liens Liens) and shall will defend such security interests interest against the claims and demands of all Persons whomsoever, and shall maintain and preserve the Lien hereby created so long as any of the Secured Obligations remains unpaid.
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Maintenance of Perfected Security Interest; Further Documentation. (a) The Such US Grantor shall maintain the Security Interests created by this Agreement hereby as perfected security interests (subject to no Liens other than any Permitted Liens Lien and the terms of the Intercreditor Agreement) and shall defend such security interests the Security Interests created hereby and the priority thereof against the claims and demands not expressly permitted by the Credit Agreement of all Persons whomsoever, and shall maintain and preserve the Lien hereby created so long as any of the Secured Obligations remains unpaid.
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Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain cooperate with Purchaser in maintaining the Security Interests security interest created by this Agreement as a perfected security interests subject to no Liens other than Permitted Liens interest having at least the priority described in Section 4.2 and shall defend such security interests interest against the claims and demands of all Persons whomsoever, subject to the rights of such Grantor under the Note Documents to dispose of the Collateral or incur Permitted Liens (in each case in accordance with the terms and conditions of the Note Documents); provided that Pledged Equity shall maintain and preserve not be subject to any Lien except the Lien hereby created so long as any of the Secured Obligations remains unpaidhereby.
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Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain the Security Interests created by this Agreement hereby as perfected security interests (subject to no Liens other than any Permitted Liens Lien) and shall take commercially reasonable actions to defend such security interests the Security Interests created hereby and the priority thereof against the claims and demands of all Persons whomsoever, and shall maintain and preserve the Lien hereby created so long as any other than holders of the Secured Obligations remains unpaidPermitted Liens.
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Samples: Canadian Security Agreement (Milacron Holdings Corp.)
Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain the Security Interests created by this Agreement hereby as perfected security interests (subject to no Liens other than any Permitted Lien, Term Loan Liens and the terms of the Intercreditor Agreement) and shall take commercially reasonable actions to defend such security interests the Security Interests created hereby and the priority thereof against the claims and demands of all Persons whomsoever, and shall maintain and preserve the Lien hereby created so long as any other than holders of the Secured Obligations remains unpaidPermitted Liens or Term Loan Liens.
Appears in 1 contract
Samples: Canadian Security Agreement (Milacron Holdings Corp.)
Maintenance of Perfected Security Interest; Further Documentation. (a) The Such Grantor shall maintain the Security Interests created by this Agreement hereby as perfected security interests (subject to no Liens other than any Permitted Liens Lien and the terms of the Intercreditor Agreement) and shall defend such security interests the Security Interests created hereby and the priority thereof against the claims and demands not expressly permitted by the Indenture and each Other Pari Passu Lien Obligations Agreement of all Persons whomsoever, and shall maintain and preserve the Lien hereby created so long as any of the Secured Obligations remains unpaid.
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Samples: Notes Security Agreement (Associated Materials, LLC)