Common use of Warranties Regarding Collateral Clause in Contracts

Warranties Regarding Collateral. Pledgor warrants and represents that it is and will continue to be the owner of the Collateral, now owned and upon the acquisition of the same, free and clear of all encumbrances and security interests other than the security interest in favor of Secured Party hereunder and Permitted Liens, and that it will defend the Collateral and the Secured Party's security interest therein and any products and proceeds thereof against all claims and demands of all Persons at any time claiming the same or any interest therein adverse to the Secured Party or any Lender.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Vitas Healthcare Corp), Pledge and Security Agreement (Vitas Healthcare Corp), Pledge and Security Agreement (Vitas Healthcare Corp)

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