Permitted Protective Actions definition
Permitted Protective Actions means any of the following:
Permitted Protective Actions means any actions by the Longitude Holder to (a) prevent its claims under Longitude Documents or with respect to the Longitude Obligations from being time-barred; (b) preserve the perfection of its security interest in the Collateral and its rights to receive any proceeds from the disposition of the Collateral consistent with the terms of this Intercreditor Agreement; (c) file any necessary responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other pleading made by any Person objecting to or otherwise seeking the disallowance of the claims of the Longitude Collateral, including, without limitation, any claims secured by the Collateral; and (d) taking any action to seek and obtain specific performance or injunctive relief to compel the Borrower, the Guarantor or any other debtor under a Longitude Document to comply with (or not violate or breach) an obligation under the Longitude Documents.