Common use of Maintenance of Perfected Security Interest; Further Documentation Clause in Contracts

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), and 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: Pledge and Security Agreement (Jarden Corp), Pledge and Security Agreement (Jarden Corp)

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Maintenance of Perfected Security Interest; Further Documentation. (a) Such Other than as permitted by this Agreement or the Credit Agreement, such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), SECTION 3.3 and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever including without limitation, completing the Filings and filing any financing or continuation statements under the Uniform Commercial Code (or other similar laws) in effect in any jurisdiction with respect to the security interests created hereby.

Appears in 2 contracts

Samples: Security and Guarantee Agreement (National Coal Corp), Security and Guarantee Agreement (National Coal Corp)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest to the extent required by and having at least the priority described in Section 3.2 (Perfection and Priorityother than by reason of the action or inaction of the Collateral Agent or any Lender) and Section 2.2 (Grant of Security Interest in Collateral), and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever.

Appears in 1 contract

Samples: Credit Agreement (International Multifoods Corp)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall will maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section SECTION 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all Persons.

Appears in 1 contract

Samples: Pledge and Security Agreement (Paragon Trade Brands Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), 4.3 20 and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Tsi Finance Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Except as provided by the Transaction Documents, such Grantor shall will maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all Persons.

Appears in 1 contract

Samples: Subordinated Pledge and Security Agreement (Opticare Health Systems Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall will maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section SECTION 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons (other than Persons holding Liens (other than with respect to the Pledged Stock or the Pledged Notes) expressly permitted by SECTION 6.3 of the Credit Agreement).

Appears in 1 contract

Samples: Security Agreement (Merisant Foreign Holdings I Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), subsection 7.3 hereof and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever.

Appears in 1 contract

Samples: Master Security Agreement (Service Merchandise Co Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Except as permitted by the Credit Agreement, such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 2.2 (Grants of Security Interest in Collateral) and Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), and shall use commercially reasonable efforts to defend such security interest and the applicable priorities of such priority security interests against the claims and demands of all PersonsPersons unless the Administrative Agent determines in its reasonable discretion that the benefits of doing so are not justified by the costs.

Appears in 1 contract

Samples: Pledge and Security Agreement (WCI Steel, Inc.)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement in such Grantor's Collateral as a perfected security interest having at least the perfection and priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), 4.3 and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever, subject to the rights of such Grantor under the Loan Documents to dispose of the Collateral.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Del Laboratories Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Except as provided in Section 3.2, the Grantor shall maintain the security interest interests created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever.

Appears in 1 contract

Samples: Collateral Agreement (Styleclick Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), ) and shall use its commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all Persons.

Appears in 1 contract

Samples: Pledge and Security Agreement (Delphi Technologies PLC)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section subsection 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever.

Appears in 1 contract

Samples: Security Agreement (Core Mark International Inc)

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Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section SECTION 3.2 (Perfection and PriorityPERFECTION AND PRIORITY) and Section 2.2 (Grant of Security Interest in Collateral), and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all Persons.

Appears in 1 contract

Samples: Pledge and Security Agreement (Washington Group International Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Other than as permitted by this Agreement or the Indenture, such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), SECTION 3.3 and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever including without limitation, completing the Filings and filing any financing or continuation statements under the Uniform Commercial Code (or other similar laws) in effect in any jurisdiction with respect to the security interests created hereby.

Appears in 1 contract

Samples: Security Agreement (National Coal Corp)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), subsection and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever.

Appears in 1 contract

Samples: Credit Agreement (Core Mark International Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest to the extent required by and having at least the priority described in Section 3.2 4.2 (Perfection and Priorityother than by reason of the action or inaction of the Collateral Agent or any Lender) and Section 2.2 (Grant of Security Interest in Collateral), and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever.

Appears in 1 contract

Samples: Credit Agreement (International Multifoods Corp)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Subject to the provisions of Section 2.2, such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), 3.4 and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever.

Appears in 1 contract

Samples: Master Security Agreement (Itsa LTD)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected (to the extent perfected by the actions or filings described in SCHEDULE 3 hereto) security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), 4.3 and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all PersonsPersons whomsoever other than the holders of Liens permitted by the Security Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Grubb & Ellis Co)

Maintenance of Perfected Security Interest; Further Documentation. (a) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.2 (Perfection and Priority) and Section 2.2 (Grant of Security Interest in Collateral), and shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all Persons.. PLEDGE AND SECURITY AGREEMENT SWIFT & COMPANY

Appears in 1 contract

Samples: Pledge and Security Agreement (S&c Resale Co)

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