Common use of Maintenance of Perfected Security Interest Clause in Contracts

Maintenance of Perfected Security Interest. 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, shall enforce the rights, title and interests of the 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 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

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Maintenance of Perfected Security Interest. The Borrower Holdings shall maintain and preserve the security interest created by this Agreement and the other Security Documents as a first priority perfected security interest, shall enforce interest having at least the rights, title and interests of the Secured Party and the Secured Parties with respect to the Collateral priority described in subsection 3.3 and shall preserve and defend title to the Collateral and the rights and interests of the Secured Party and the other Secured Parties in such Collateral security interest against the claims and demands of all Persons whomsoever.

Appears in 3 contracts

Samples: Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Corp), 364 Day Credit Agreement (L 3 Communications Corp)

Maintenance of Perfected Security Interest. 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, shall enforce interest having at least the rights, title and interests of the Secured Party and the Secured Parties with respect to the Collateral priority described in subsection 3.2 and shall preserve and defend title to the Collateral and the rights and interests of the Secured Party and the other Secured Parties in such Collateral security interest against the claims and demands of all Persons whomsoever.

Appears in 3 contracts

Samples: Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Corp), 364 Day Credit Agreement (L 3 Communications Corp)

Maintenance of Perfected Security Interest. 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, shall enforce the rights, title and interests of the 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 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. The Borrower shall maintain and preserve Maintain the security interest created by this Agreement and the other Security Documents as a first priority perfected security interest, shall enforce interest having at least the rights, title and interests of the Secured Party and the Secured Parties with respect to the Collateral priority described in Section 3(b) and shall preserve defend such security interest and defend title to the Collateral and the rights and interests of the Secured Party and the other Secured Parties in such Collateral priority against the claims and demands of all Persons whomsoeverPersons.

Appears in 1 contract

Samples: Security and Pledge Agreement (Pernix Therapeutics Holdings, Inc.)

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