Common use of Maintenance of Perfected Security Interest Clause in Contracts

Maintenance of Perfected Security Interest. (a) Each Loan Party shall maintain and preserve the security interest created by this Agreement and the other Security Documents as a first priority perfected security interest (subject to Permitted Liens), shall enforce the rights, title and interests of the Collateral Agent and the Secured Parties with respect to the Collateral and shall preserve and defend title to the Collateral and the rights and interests of the Collateral Agent and the other Secured Parties in such Collateral against the claims and demands of all Persons whomsoever.

Appears in 7 contracts

Samples: Guarantee and Security Agreement, Guarantee and Security Agreement, Guarantee and Security Agreement (Nuveen Mortgage Opportunity Term Fund 2)

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Maintenance of Perfected Security Interest. (a) Each Loan Party The Borrower shall maintain and preserve the security interest created by this Agreement and the other Security Documents as a first priority perfected security interest (subject to Permitted Liens)interest, shall enforce the rights, title and interests of the Collateral Agent Secured Party and the Secured Parties with respect to the Collateral and shall preserve and defend title to the Collateral and the rights and interests of the Collateral Agent Secured Party and the other Secured Parties in such Collateral against the claims and demands of all Persons whomsoever.

Appears in 3 contracts

Samples: Security Agreement, Security Agreement, Security Agreement

Maintenance of Perfected Security Interest. (a) Each Loan Party The Borrower shall maintain and preserve the security interest created by this Agreement and the other Security Documents as a first priority perfected security interest (subject to Permitted Liens)interest, shall enforce the rights, title and interests of the Collateral Agent Secured Party and the Secured Parties with respect to the Collateral and shall preserve and defend title to the Collateral and the rights and interests of the Collateral Agent Secured Party and the other Secured Parties in such Collateral against the claims and demands of all Persons whomsoever.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement

Maintenance of Perfected Security Interest. (a) Each Loan Party Borrower shall maintain and preserve the security interest created by this Agreement and the other Security Documents as a first priority perfected security interest (subject to Permitted Liens)interest, shall enforce the rights, title and interests of the Collateral Agent Secured Party and the Secured Parties with respect to the Collateral and shall preserve and defend title to the Collateral and the rights and interests of the Collateral Agent Secured Party and the other Secured Parties in such Collateral against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Security Agreement

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Maintenance of Perfected Security Interest. (a) Each Loan Party The Borrower shall maintain and preserve the security interest created by this Agreement and the other Security Documents as a first priority perfected security interest (subject to Permitted Liens)interest, shall enforce the rights, title and interests of the Collateral Agent Secured Party and the Secured Parties with respect to the Collateral and shall preserve and defend title to the Collateral and the rights and interests of the Collateral Agent Secured Party and the other Secured Parties in such Collateral against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Security Agreement

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