Common use of Protection of Pledged Assets Clause in Contracts

Protection of Pledged Assets. The Issuer shall from time to time prepare (or cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments, and shall take such other action necessary or advisable to: (a) Grant more effectively all or any portion of the Pledged Assets for the Notes; (b) maintain or preserve the lien (and the priority thereof) of this Indenture or to carry out more effectively the purposes hereof; (c) perfect, publish notice of, or protect the validity of, any Grant made or to be made by this Indenture; (d) enforce any of the Pledged Assets; or (e) preserve and defend title to the Pledged Assets securing the Notes and the rights therein of the Indenture Trustee and the Noteholders secured thereby against the claims of all persons and parties. The Issuer hereby designates the Indenture Trustee its agent and attorney-in-fact to execute any financing statement, continuation statement or other instrument required pursuant to this Section 3.04.

Appears in 5 contracts

Samples: Omnibus Amendment (Domus Holdings Corp), Omnibus Amendment (NRT Settlement Services of Missouri LLC), Omnibus Amendment (Realogy Corp)

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Protection of Pledged Assets. (a) The Issuer shall will from time to time prepare (or cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments, and shall will take such other action as may be necessary or advisable to: (ai) Grant more effectively all or any portion of the Pledged Assets for the NotesAssets; (bii) maintain or preserve the lien (and the priority thereof) Lien of this Indenture or to carry out more effectively the purposes hereof; (ciii) perfect, publish notice of, of or protect the validity of, of any Grant made or to be made by this Indenture; (div) enforce any of the Pledged AssetsMortgage Documents; or (ev) preserve and defend title to the Pledged Assets securing the Notes and the rights therein of the Indenture Trustee Trustee, and of the Noteholders secured thereby Noteholders, in the Pledged Assets against the claims of all persons Persons and parties. The Issuer hereby designates the Indenture Trustee its agent and attorney-in-fact to execute any financing statement, continuation statement or other instrument required pursuant to this Section 3.044.10 upon Issuer’s preparation of same and presentation to Trustee for execution; provided, however, that such designation shall not be deemed to create a duty in the Trustee to monitor the compliance of the Issuer with the foregoing covenants.

Appears in 1 contract

Samples: Indenture (Specialty Trust Inc)

Protection of Pledged Assets. (a) The Issuer shall will from time to time prepare (or cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments, and shall will take such other action as may be necessary or advisable to: (ai) Grant more effectively all or any portion of the Pledged Assets for the NotesAssets; (bii) maintain or preserve the lien (and the priority thereof) of this Indenture or to carry out more effectively the purposes hereof; (ciii) perfect, publish notice of, of or protect the validity of, of any Grant made or to be made by this Indenture; (div) enforce any of the Pledged AssetsMortgage Documents; or (ev) preserve and defend title to the Pledged Assets securing the Notes and the rights therein of the Indenture Trustee Trustee, and of the Noteholders secured thereby Noteholders, in the Pledged Assets against the claims of all persons Persons and parties. The Issuer hereby designates the Indenture Trustee its agent and attorney-in-fact to execute any financing statement, continuation statement or other instrument required pursuant to this Section 3.044.10 upon Issuer's preparation of same and presentation to Trustee for execution; provided, however, that such designation shall not be deemed to create a duty in the Trustee to monitor the compliance of the Issuer with the foregoing covenants.

Appears in 1 contract

Samples: Indenture (Specialty Mortgage Trust Inc)

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Protection of Pledged Assets. The Issuer shall from time to time prepare (or cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments, and shall take such other action reasonably necessary or advisable to: (a) Grant grant more effectively all or any portion of the Pledged Assets for the Notes; (b) maintain or preserve the lien Lien (and the priority thereof) of this Indenture or to carry out more effectively the purposes hereof; (c) perfect, publish notice of, or protect the validity of, any Grant made or to be made by this Indenture; (d) enforce any of the Pledged Assets; or (e) preserve and defend title to the Pledged Assets securing the Notes and the rights therein of the Indenture Trustee and the Noteholders secured thereby against the claims of all persons and parties. The Issuer hereby designates the Indenture Trustee its agent and attorney-in-fact to execute any financing statement, continuation statement or other instrument required pursuant to this Section 3.04.. ------------

Appears in 1 contract

Samples: Master Indenture (Levi Strauss & Co)

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