Right to Defend Action Affecting Security Clause Samples
Right to Defend Action Affecting Security. Lender may, at Borrower's expense, appear in and defend any action or proceeding, at law or in equity, that Lender in good faith believes may affect the Liens or security interests granted under this Agreement, including, without limitation, with respect to the Pledged Notes Receivable, the Applicable Mortgages, the value of the Collateral, or Lender's rights under any of the Loan Documents.
Right to Defend Action Affecting Security. Agent may, at Borrower's expense, appear in and defend any action or proceeding at law or in equity which Agent in good faith believes may affect the security interests granted under this Agreement, including without limitation, with respect to Pledged Notes Receivable or Mortgages, the value of the Collateral or each Lender's rights under any of the Loan Documents.
Right to Defend Action Affecting Security. Secured Party may, at Pledgor's expense, appear in and defend any action or proceeding at law or in equity purporting to affect the security interest granted under this Agreement.
Right to Defend Action Affecting Security. Upon the occurrence and during the continuation of an Event of Default, Lender may, at Borrower’s expense, appear in and defend any action or proceeding, at law or in equity, which Lender in good faith believes may have a Material Adverse Effect. Lender may engage counsel of choice in any such action or proceeding without the consent of Borrower and Borrower shall pay the reasonable fees and expenses of such counsel elected by Lender.
Right to Defend Action Affecting Security. 59 9.5 Expenses......................................................................... 59 9.6 Lender's Right of SetOff......................................................... 60 9.7 Right of Lender to Extend Time of Payment, Substitute, Release Security, Etc..
Right to Defend Action Affecting Security. TFC may, at SPV's expense, appear in and defend any action or proceeding, at law or in equity, which TFC in good faith believes may affect the Liens or security interests granted under this Loan Agreement, including without limitation, with respect to Pledged Receivables, Timeshare Mortgages, the value of the Collateral or TFC's rights under any of the Loan Documents.
Right to Defend Action Affecting Security. Lender may, at Borrower's expense, appear in and defend any action or proceeding, at law or in equity, that Lender in good faith believes may affect the Liens or security interests granted under this Agreement, including, without limitation, with respect to the Pledged Notes Receivable, the Pledged Put and Reserve Agreements, the Applicable Mortgages, the Pledged Consumer Notes Receivable, the Purchased Consumer Notes Receivable, the Interval Mortgages, the value of the Collateral, or Lender's rights under any of the Loan Documents.