Common use of Maintenance of Perfected Security Interest Clause in Contracts

Maintenance of Perfected Security Interest. Holdings shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in subsection 3.3 and shall defend such security interest against the claims and demands of all Persons whomsoever.

Appears in 3 contracts

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

AutoNDA by SimpleDocs

Maintenance of Perfected Security Interest. Holdings The Borrower shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in subsection 3.3 3.2 and shall defend such 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. Holdings shall maintain Maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in subsection 3.3 Section 4(b) and shall defend such security interest and such priority against the claims and demands of all Persons whomsoeverPersons.

Appears in 1 contract

Samples: Security and Pledge Agreement (Standard Premium Finance Holdings, Inc.)

AutoNDA by SimpleDocs

Maintenance of Perfected Security Interest. Holdings shall maintain Maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in subsection 3.3 Section 3(b) and shall defend such security interest and such priority against the claims and demands of all Persons whomsoeverPersons.

Appears in 1 contract

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!