REPRESENTATIONS; RIGHTS AND REMEDIES. The Company represents and warrants to the Agent that the pledge, assignment and delivery of Pledged Bonds pursuant to this Section 6.3 will create a valid first lien on and a first perfected security interest in, all right, title and interest of the Company in and to the Pledged Bonds, and the proceeds thereof. The Company covenants and agrees that it will defend the Agent's right, title and security interest in and to the Pledged Bonds and the proceeds thereof against the claims and demands of all persons. In addition to its other rights and remedies under this Second Restated Credit Agreement and the Bond Documents, the Agent shall have all the rights and remedies of a secured party under the Uniform Commercial Code of the State or other applicable law with respect to the security interests created by this Section.
Appears in 2 contracts
Samples: Credit, Reimbursement and Security Agreement (Multi Color Corp), Credit, Reimbursement and Security Agreement (Multi Color Corp)
REPRESENTATIONS; RIGHTS AND REMEDIES. The Company represents and warrants to the Agent that the pledge, assignment and delivery of Pledged Bonds pursuant to this Section 6.3 will create a valid first lien on and a first perfected security interest in, all right, title and interest of the Company in and to the Pledged Bonds, and the proceeds thereof. The Company covenants and agrees that it will defend the Agent's right, title and security interest in and to the Pledged Bonds and the proceeds thereof against the claims and demands of all persons. In addition to its other rights and remedies under this Second Fourth Restated Credit Agreement and the Bond Documents, the Agent shall have all the rights and remedies of a secured party under the Uniform Commercial Code of the State or other applicable law with respect to the security interests created by this Section.
Appears in 1 contract
Samples: Credit, Reimbursement and Security Agreement (Multi Color Corp)
REPRESENTATIONS; RIGHTS AND REMEDIES. The Company represents and warrants to the Agent that the pledge, assignment and delivery of Pledged Bonds pursuant to this Section 6.3 will create a valid first lien on and a first perfected security interest in, all right, title and interest of the Company in and to the Pledged Bonds, and the proceeds thereof. The Company covenants and agrees that it will defend the Agent's right, title and security interest in and to the Pledged Bonds and the proceeds thereof against the claims and demands of all persons. In addition to its other rights and remedies under this Second Restated Credit Agreement and the Bond Documents, the Agent shall have all the rights and remedies of a secured party under the Uniform Commercial Code of the State or other applicable law with respect to the security interests created by this Section.
Appears in 1 contract
Samples: Credit, Reimbursement and Security Agreement (Multi Color Corp)