Maintenance of Security Interest. The Pledgor shall maintain the security interest created by this Agreement in the Pledged Stock as a security interest having at least the perfection and priority described in subsection 4.1.4, and shall defend such security interest against the claims and demands of all Persons whomsoever. At any time and from time to time, upon the written request of the Collateral Agent and at the sole expense of the Pledgor, the Pledgor will promptly and duly execute and deliver such further instruments and documents and take such further actions as the Collateral Agent may reasonably request for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted by the Pledgor.
Appears in 5 contracts
Samples: Abl Credit Agreement (Hd Supply, Inc.), Holding Pledge Agreement (Hd Supply, Inc.), Pledge Agreement (Hd Supply, Inc.)
Maintenance of Security Interest. The Such Pledgor shall maintain the security interest created by this Agreement in the such Pledgor’s Pledged Stock Collateral as a perfected security interest having at least the perfection and priority described in subsection 4.1.44.3.4 or 4.3.5, as applicable, and shall defend such security interest against the claims and demands of all Persons whomsoever. At any time and from time to time, upon the written request of the Collateral Agent and at the sole expense of the such Pledgor, the such Pledgor will promptly and duly execute and deliver such further instruments and documents and take such further actions as the Collateral Agent may reasonably request for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted by the such Pledgor.
Appears in 4 contracts
Samples: Guarantee and Collateral Agreement (Hertz Corp), Guarantee and Collateral Agreement (New Sally Holdings, Inc.), Guarantee and Collateral Agreement (Hertz Corp)
Maintenance of Security Interest. The Such Pledgor shall maintain the security interest created by this Agreement in the such Pledgor’s Pledged Stock Collateral as a security interest having at least the perfection and priority described in subsection 4.1.44.3.4 or 4.3.5, as applicable, and shall defend such security interest against the claims and demands of all Persons whomsoever. At any time and from time to time, upon the written request of the Collateral Agent and at the sole expense of the such Pledgor, the such Pledgor will promptly and duly execute and deliver such further instruments and documents and take such further actions as the Collateral Agent may reasonably request for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted by the such Pledgor.
Appears in 2 contracts
Samples: Guarantee and Collateral Agreement (HSI IP, Inc.), Guarantee and Collateral Agreement (Servicemaster Co)
Maintenance of Security Interest. The Such Pledgor shall maintain the security interest created by this Agreement in the such Pledgor’s Pledged Stock Collateral as a security interest having at least the perfection and priority described in subsection 4.1.4Section 4.3.4 or 4.3.5 of this Agreement, as applicable, and shall defend such security interest against the claims and demands of all Persons whomsoever. At any time and from time to time, upon the written request of the Collateral Agent and at the sole expense of the such Pledgor, the such Pledgor will promptly and duly execute and deliver such further instruments and documents and take such further actions as the Collateral Agent may reasonably request for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted by the such Pledgor.
Appears in 2 contracts
Samples: Credit Agreement (Nci Building Systems Inc), Guarantee and Collateral Agreement (Nci Building Systems Inc)
Maintenance of Security Interest. The Pledgor shall maintain the security interest created by this Agreement in the Pledged Stock as a security interest having at least the perfection and priority described in subsection 4.1.4, and shall defend such security interest against the claims and demands of all Persons whomsoever. At any time and from time to time, upon the written request of the Collateral Agent and at the sole expense of the Pledgor, the Pledgor will promptly and duly execute and deliver such further instruments and documents and take such further actions as the Collateral Agent may reasonably request for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted by the Pledgor.. REMEDIAL PROVISIONS
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