Common use of Protection of Security Interest Clause in Contracts

Protection of Security Interest. Pledgor agrees that it will use commercially reasonable efforts, at its own cost and expense, to take any and all actions necessary to warrant and defend the right, title and interest of the Collateral Agent and Secured Parties in and to the Collateral against the claims and demands of all other persons.

Appears in 5 contracts

Samples: Pledge and Security Agreement (Centrus Energy Corp), Subordination and Intercreditor Agreement (Centrus Energy Corp), Pledge and Security Agreement (Centrus Energy Corp)

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Protection of Security Interest. Each Pledgor agrees that it will use commercially reasonable efforts, at its own cost and expense, to take any and all actions necessary to warrant and defend the right, title and interest of the Collateral Agent and Secured Parties in and to the Collateral against the claims and demands of all other persons.

Appears in 5 contracts

Samples: Security Agreement (Usec Inc), Security Agreement (Usec Inc), Security Agreement (Usec Inc)

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Protection of Security Interest. Each Pledgor agrees that it will use commercially reasonable efforts, at its own cost and expense, to take any and all actions necessary to warrant and defend the right, title and interest of the Collateral Agent Lender and Secured Parties in and to the Collateral against the claims and demands of all other persons.

Appears in 1 contract

Samples: Pledge and Security Agreement (Spanish Broadcasting System Finance Corp)

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