Common use of Maintenance of Perfected Security Interest Clause in Contracts

Maintenance of Perfected Security Interest. (i) The Pledgor shall maintain the security interest created by this Agreement as a first-priority, perfected security interest and shall defend such security interest against claims and demands of all Persons whomsoever.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Nevada Geothermal Power Inc), Development Loan Agreement (Nevada Geothermal Power Inc), Development Loan Agreement (Nevada Geothermal Power Inc)

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Maintenance of Perfected Security Interest. (ic) The Each Pledgor shall maintain the security interest Security Interest created by this Agreement as a first-priority, perfected security interest Security Interest having at least the priority described in Section 3.8 and shall defend such security interest Security Interest against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Credit Agreement (Texas Roadhouse, Inc.)

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Maintenance of Perfected Security Interest. (i) The Pledgor shall maintain the security interest created by this Agreement as a first-priority, perfected security interest having at least the priority described in Section 3.3 and shall take all reasonable actions to defend such security interest against the claims and demands of all Persons whomsoeverwhomsoever (subject to Liens permitted to exist on the Collateral under Section 3.3).

Appears in 1 contract

Samples: Pledge Agreement (Peabody Energy Corp)

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