Notice of Encumbrances and Proceedings. The Debtor shall promptly notify the Secured Party of any Encumbrance made or asserted against any of the Collateral, and of any suit, action or proceeding affecting any of the Collateral or which could affect the Debtor. The Debtor shall, at its own expense, defend the Collateral against any and all Encumbrances (other than any Permitted Encumbrances) and against any and all such suits, actions or proceedings.
Appears in 3 contracts
Samples: General Security Agreement (CurrencyWorks Inc.), General Security Agreement (Northern Dynasty Minerals LTD), General Security Agreement (Maverick Minerals Corp)
Notice of Encumbrances and Proceedings. The Debtor shall will promptly notify the Secured Party of any Encumbrance made or asserted against any of the Collateral, and of any suit, action or proceeding affecting any of the Collateral or which could affect the Debtor. The Debtor shallwill, at its own expense, defend the Collateral against any and all such Encumbrances (other than any Permitted Encumbrances) and against any and all such suits, actions or proceedings.
Appears in 2 contracts
Samples: General Security Agreement (Innexus Biotechnology Inc), General Security Agreement (Innexus Biotechnology Inc)
Notice of Encumbrances and Proceedings. The Debtor shall promptly notify the Secured Party Parties of any Encumbrance made or asserted against any of the Collateral, and of any suit, action or proceeding affecting any of the Collateral or which could affect the Debtor. The Debtor shall, at its own expense, defend the Collateral against any and all Encumbrances (other than any Permitted Encumbrances) and against any and all such suits, actions or proceedings.
Appears in 1 contract
Notice of Encumbrances and Proceedings. The Debtor shall will promptly notify the Secured Party of any Encumbrance made or asserted against any of the Collateral, and of any suit, action or proceeding affecting any of the Collateral or which could affect the Debtor, in each case only to the extent expressly required in the Credit Agreement. The Debtor shallwill, at its own expense, defend the Collateral against any and all such Encumbrances (other than any Permitted Encumbrances) and against any and all such suits, actions or proceedings.
Appears in 1 contract
Samples: Security Agreement (West Marine Inc)
Notice of Encumbrances and Proceedings. The Debtor shall promptly notify the Secured Party of any Encumbrance made or asserted against any of the Collateral, and of any suit, action or proceeding affecting any of the Collateral or which could affect the Debtor. The Debtor shall, at its own expense, defend the Collateral against any and all Encumbrances (other than any Permitted Encumbrances) and against any and all such suits, actions or proceedings.;
Appears in 1 contract
Samples: General Security Agreement (Search by HEADLINES.COM Corp.)
Notice of Encumbrances and Proceedings. The Debtor shall will promptly notify the Secured Party of any Encumbrance made or asserted against any of the Collateral, and of any suit, action or proceeding affecting any of the Collateral or which could affect the Debtor. The Debtor shallwill, at its own expense, defend the Collateral against any and all such Encumbrances (other than any Permitted Encumbrances) and against aging any and all such suits, actions or proceedings.
Appears in 1 contract
