Adverse Claims on Receivables. Each of the Borrower and the Servicer will, and will require each Originator to, defend each Receivable against all claims and demands of all Persons at any time claiming the same or any interest therein adverse to the Administrator’s security interest, on behalf of the Secured Parties.
Appears in 4 contracts
Samples: Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp)
Adverse Claims on Receivables. Each of the Borrower and the Servicer will, and will require each Originator the Originators to, defend each Receivable against all claims and demands of all Persons at any time claiming the same or any interest therein adverse to the Administrator’s security interest, on behalf of Administrator and the Secured Parties.
Appears in 3 contracts
Samples: Loan Agreement (G&k Services Inc), Loan Agreement (G&k Services Inc), Loan Agreement (G&k Services Inc)
Adverse Claims on Receivables. Each of the Borrower and the Servicer will, and will require each Originator to, defend each Receivable against all claims and demands of all Persons at any time claiming the same or any interest therein adverse to the Administrator’s security interest, on behalf of Administrator and the Secured Parties.
Appears in 2 contracts
Samples: Loan Agreement (Oxford Industries Inc), Loan Agreement (Choicepoint Inc)
Adverse Claims on Receivables. Each of the Borrower and the Servicer Collection Agent will, and will require each Originator to, defend each Receivable against all claims and demands of all Persons at any time claiming the same or any interest therein adverse to the AdministratorAdministrative Agent’s security interest, on behalf of the Secured Parties.
Appears in 2 contracts
Samples: Loan Agreement (Arvinmeritor Inc), Loan Agreement (Arvinmeritor Inc)
Adverse Claims on Receivables. Each of the Borrower and the Servicer will, and will require each Originator Seller to, defend each Receivable against all claims and demands of all Persons at any time claiming the same or any interest therein adverse to the Administrator’s Administrative Agent's security interest, on behalf of the Secured Parties.
Appears in 2 contracts
Samples: Loan Agreement (Bowater Inc), Loan Agreement (Bowater Inc)
Adverse Claims on Receivables. Each of the Borrower and the Servicer will, and will require each Originator to, defend each Receivable against all claims and demands of all Persons at any time claiming the same or any interest therein adverse to the Administrator’s security interest, on behalf of Administrator and the Secured Parties.
Appears in 1 contract
Samples: Loan Agreement (Interface Inc)
Adverse Claims on Receivables. Each of the Borrower and the Servicer will, and will require each Originator to, defend each Receivable against all claims and demands of all Persons at any time claiming the same or any interest therein adverse to the Administrator’s security interest, on behalf of Administrative Agent and the Secured Parties.
Appears in 1 contract
Adverse Claims on Receivables. Each of the Borrower and the Servicer Servicers will, and will require each Originator to, defend each Receivable against all claims and demands of all Persons at any time claiming the same or any interest therein adverse to the Administrator’s security interest, on behalf of Administrator and the Secured Parties.
Appears in 1 contract