Preservation of Security Interests. The Borrower shall preserve and undertake all actions necessary to maintain the security interests granted under the Security Documents in full force and effect (including the priority thereof).
Preservation of Security Interests. The Issuer covenants that it shall not make any change to its company name, or use any trade names, fictitious names, assumed names or “doing business as” names. The Issuer will from time to time, at its own expense, execute and file such additional financing statements (including continuation statements) as may be necessary to ensure that at any time, the interest of the Issuer in all of the Receivables and such other portion of the Trust Estate as to which a sale or Security Interest may be perfected by filing under the UCC, and the Security Interest of the Indenture Trustee in all of the Receivables and such other portion of the Trust Estate as to which a Security Interest may be perfected by filing under the UCC, are fully protected.
Preservation of Security Interests. Each Loan Party shall preserve and undertake all actions necessary to maintain the security interests granted under the Security Documents in full force and effect (including the priority thereof).
Preservation of Security Interests. Borrower shall:
Preservation of Security Interests. Guarantor shall:
Preservation of Security Interests. PFSC will defend the Client Portfolio against all persons, claims, and demands whatsoever. PFSC shall not assign, sell, pledge, or exchange, or in any way encumber or otherwise dispose of the Client Portfolio, except as expressly permitted under this Agreement and only with permission of Client.
Preservation of Security Interests. Grantor assumes full responsibility for taking and hereby agrees to take any and all necessary steps to preserve and defend the Secured Party's right, title and security interests in and to the Collateral against the claims and demands of all persons. The Secured Party shall be deemed to have exercised reasonable care in the custody and preservation of the Collateral in the Secured Party's possession if, prior to the existence of an Event of Default, the Secured Party takes such action for that purpose as such Grantor shall reasonably request in writing, provided that such requested action will not, in the judgment of the Secured Party, impair the security interests in the Collateral created hereby or the Secured Party's rights in, or the value of, such Collateral, and provided further that such written request is received by the Secured Party in sufficient time to permit the Secured Party to take the requested action.
Preservation of Security Interests. Each of the Company and its Restricted Subsidiaries shall preserve, maintain and perfect the first priority security interests subject to Permitted Liens granted under the Security Documents and preserve and protect the Shared Collateral as set forth in the Security Documents.
Preservation of Security Interests. Do everything necessary or expedient or as reasonably requested by Secured Party to preserve or perfect the security interest of Secured Party and obtain, if a certificate of title be required or permitted by Law, such certificate with respect to the Collateral, showing the security interest of Secured Party thereon.
Preservation of Security Interests. The Borrower shall preserve the security interests granted under the Security Documents and upon request by the Security Agent undertake all actions which are necessary or appropriate in the reasonable judgment of the Security Agent to (x) maintain the Security Agent's security interest in the Collateral in full force and effect at all times (including the priority thereof), and (y) preserve and protect the Collateral and protect and enforce the Borrower's rights and title and the rights of the Security Agent to the Collateral, including the making or delivery of all filings and recordations, the payments of fees and other charges and the issuance of supplemental documentation. The Borrower hereby authorizes the Security Agent to sign and to cause to be filed any financing or continuation statements required in connection with the foregoing without the signature of the Borrower to the extent permitted by applicable law, and to file a carbon, photostatic, photographic or other reproduction of any Security Document or a UCC Financing Statement.
