Common use of Title to the Collateral Clause in Contracts

Title to the Collateral. Mezzanine Borrower shall warrant and defend (a) its title to the Collateral and every part thereof, subject only to Permitted Encumbrances (Third Mezzanine) and (b) the validity and priority of the Liens of this Agreement, the Pledge, the Mezzco IV Pledge on the Collateral, in each case against the claims of all Persons whomsoever. Mezzanine Borrower shall reimburse Mezzanine Lender for any losses, costs, damages or expenses (including reasonable attorneys’ fees and court costs) incurred by Mezzanine Lender if an interest in the Collateral, other than Permitted Encumbrance (Third Mezzanine), is claimed by another Person.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)

AutoNDA by SimpleDocs

Title to the Collateral. Mezzanine Borrower shall warrant and defend (a) its title to the Collateral and every part thereof, subject only to Permitted Encumbrances (Third Second Mezzanine) and (b) the validity and priority of the Liens of this Agreement, Agreement and the Pledge, the Mezzco IV Pledge on the Collateral,, in each case against the claims of all Persons whomsoever. Mezzanine Borrower shall reimburse Mezzanine Lender for any losses, costs, damages or expenses (including reasonable attorneys’ fees and court costs) incurred by Mezzanine Lender if an interest in the Collateral, other than Permitted Encumbrance (Third Second Mezzanine), is claimed by another Person.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)

Title to the Collateral. Mezzanine Borrower shall warrant and defend (a) its title to the Collateral and every part thereof, subject only to Permitted Encumbrances (Third Fourth Mezzanine) and (b) the validity and priority of the Liens of this Agreement, the Pledge, the Mezzco IV V Pledge on the Collateral, in each case against the claims of all Persons whomsoever. Mezzanine Borrower shall reimburse Mezzanine Lender for any losses, costs, damages or expenses (including reasonable attorneys’ fees and court costs) incurred by Mezzanine Lender if an interest in the Collateral, other than Permitted Encumbrance (Third Fourth Mezzanine), is claimed by another Person.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)

Title to the Collateral. Mezzanine Borrower shall warrant and defend (a) its title to the Collateral and every part thereof, subject only to Permitted Encumbrances (Third Second Mezzanine) and (b) the validity and priority of the Liens of this Agreement, Agreement and the Pledge, the Mezzco IV Pledge on the Collateral, in each case against the claims of all Persons whomsoever. Mezzanine Borrower shall reimburse Mezzanine Lender for any losses, costs, damages or expenses (including reasonable attorneys’ fees and court costs) incurred by Mezzanine Lender if an interest in the Collateral, other than Permitted Encumbrance (Third Second Mezzanine), is claimed by another Person.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)

Title to the Collateral. Mezzanine Borrower shall warrant and defend (a) its title to the Collateral and every part thereof, subject only to Permitted Encumbrances (Third Mezzanine) and (b) the validity and priority of the Liens of this Agreement, the Pledge, the Mezzco IV Pledge on the Collateral, in each case against the claims of all Persons whomsoever. Mezzanine Borrower shall reimburse Mezzanine Lender for any losses, costs, damages or expenses (including reasonable attorneys’ fees and court costs) incurred by Mezzanine Lender if an interest in the Collateral, other than Permitted Encumbrance (Third Mezzanine), is claimed by another Person.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)

AutoNDA by SimpleDocs

Title to the Collateral. Mezzanine Borrower shall warrant and defend (a) its title to the Collateral and every part thereof, subject only to Permitted Encumbrances (Third First Mezzanine) and (b) the validity and priority of the Liens of this Agreement, Agreement and the Pledge, the Mezzco IV Pledge on the Collateral, in each case against the claims of all Persons whomsoever. Mezzanine Borrower shall reimburse Mezzanine Lender for any losses, costs, damages or expenses (including reasonable attorneys’ fees and court costs) incurred by Mezzanine Lender if an interest in the Collateral, other than Permitted Encumbrance (Third First Mezzanine), is claimed by another Person.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)

Title to the Collateral. Mezzanine Borrower shall warrant and defend (a) its title to the Collateral and every part thereof, subject only to Permitted Encumbrances (Third First Mezzanine) and (b) the validity and priority of the Liens of this Agreement, Agreement and the Pledge, the Mezzco IV Pledge on the Collateral,, in each case against the claims of all Persons whomsoever. Mezzanine Borrower shall reimburse Mezzanine Lender for any losses, costs, damages or expenses (including reasonable attorneys’ fees and court costs) incurred by Mezzanine Lender if an interest in the Collateral, other than Permitted Encumbrance (Third First Mezzanine), is claimed by another Person.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!