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

Maintenance of Perfected Security Interests; Further Documentation. (a) The Grantor will maintain the security interests created by this Agreement as perfected security interests and shall defend such security interests against the claims and demands of all Persons.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Proxim Corp), Securities Purchase Agreement (Proxim Corp), Securities Purchase Agreement (Proxim Corp)

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Maintenance of Perfected Security Interests; Further Documentation. (a) The Such Grantor will shall maintain the security interests created by this Agreement as perfected security interests (to the extent the security interests in such Collateral can be perfected by filing of one or more financing statements or by possession of such Collateral by the Collateral Agent) having at least the priority described in Section 3.2 and shall defend such security interests against the claims and demands of all PersonsPersons whomsoever, except for Permitted Liens.

Appears in 1 contract

Samples: Collateral Agreement (Recoton Corp)

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