Common use of Protect Collateral; Further Assurances Clause in Contracts

Protect Collateral; Further Assurances. Each Pledgor will warrant and defend the rights and title herein granted unto the Administrative Agent in and to the Pledged Collateral (and all right, title, and interest represented by the Pledged Collateral) against the claims and demands of all Persons whomsoever. Each Pledgor agrees that, at the expense of such Pledgor, such Pledgor will promptly execute and deliver all further instruments and documents, and take all further action, that may be reasonably necessary and that the Administrative Agent or any Secured Party may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable the Administrative Agent or any Secured Party to exercise and enforce its rights and remedies hereunder with respect to any Pledged

Appears in 2 contracts

Samples: Subordinated Pledge Agreement (Cano Petroleum, Inc), Subordinated Pledge Agreement (Cano Petroleum, Inc)

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Protect Collateral; Further Assurances. Each Pledgor will warrant and defend the rights and title herein granted unto the Administrative Agent Secured Party in and to the Pledged Collateral (and all right, title, and interest represented by the Pledged Collateral) against the claims and demands of all Persons whomsoever. Each Pledgor agrees that, at the expense of such Pledgor, such Pledgor will promptly execute and deliver all further instruments and documents, and take all further action, that may be reasonably necessary and that the Administrative Agent Secured Party or any Secured Party Lender may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable the Administrative Agent Secured Party or any Secured Party Lender to exercise and enforce its rights and remedies hereunder with respect to any PledgedPledged Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Brigham Exploration Co), Credit Agreement (Brigham Exploration Co)

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Protect Collateral; Further Assurances. Each Pledgor will warrant and defend the rights and title herein granted unto the Administrative Agent Secured Party in and to the Pledged Collateral (and all right, title, and interest represented by the Pledged Collateral) against the claims and demands of all Persons whomsoever, except Senior Agent. Each Pledgor agrees that, at the expense of such Pledgor, such Pledgor will promptly execute and deliver all further instruments and documents, and take all further action, that may be reasonably necessary and that the Administrative Agent Secured Party or any Secured Party Lender may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable the Administrative Agent Secured Party or any Secured Party Lender to exercise and enforce its rights and remedies hereunder with respect to any PledgedPledged Collateral.

Appears in 1 contract

Samples: Subordinated Credit Agreement (Brigham Exploration Co)

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