Common use of Special Affirmative Covenants Concerning Collateral Clause in Contracts

Special Affirmative Covenants Concerning Collateral. (a) Until all of the Obligations shall have been fully paid and satisfied and the Lenders have no obligation to lend or provide any other financial accommodations to the Company under or otherwise in respect of this Agreement, the Company warrants and will defend the right, title and interest of the Agent in and to the Collateral against the claims and demands of all persons whomsoever.

Appears in 3 contracts

Samples: Credit Agreement (Homebanc Corp), Credit Agreement (E Loan Inc), Credit Agreement (Sunset Financial Resources Inc)

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Special Affirmative Covenants Concerning Collateral. (a) Until all of the Obligations shall have been fully paid and satisfied and the Lenders have no obligation to lend or provide any other financial accommodations to the Company Companies under or otherwise in respect of this Agreement, the Company warrants Companies warrant and will defend the right, title and interest of the Agent in and to the Collateral against the claims and demands of all persons whomsoever.

Appears in 3 contracts

Samples: Assignment and Assumption, Assignment and Assumption (Homebanc Corp), Credit Agreement (Homebanc Corp)

Special Affirmative Covenants Concerning Collateral. (a) Until all of the Obligations shall have been fully paid and satisfied and the Lenders have no obligation to lend or provide any other financial accommodations to the Company under or otherwise in anywise in respect of this Agreement, the Company warrants and will defend the right, title and interest of the Agent in and to the Collateral against the claims and demands of all persons whomsoever.

Appears in 2 contracts

Samples: Credit Agreement (Long Beach Financial Corp), Credit Agreement (Long Beach Financial Corp)

Special Affirmative Covenants Concerning Collateral. (a) Until all of the Obligations shall have been fully paid and satisfied and the Lenders have no obligation to lend or provide any other financial accommodations to the Company Companies under or otherwise in anywise in respect of this Agreement, the Company warrants and will defend the right, title and interest of the Agent in and to the Collateral against the claims and demands of all persons whomsoever.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (American Business Financial Services Inc /De/), Assignment and Assumption Agreement (American Business Financial Services Inc /De/)

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Special Affirmative Covenants Concerning Collateral. (a) Until all of the Obligations shall have been fully paid and satisfied and the Lenders have Lender has no obligation to lend or provide any other financial accommodations to the Company Borrowers under or otherwise in respect of this Agreement, the Company warrants Borrowers warrant and will defend the right, title and interest of the Agent Lender in and to the Collateral against the claims and demands of all persons whomsoever.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Fieldstone Investment Corp)

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