Common use of Defend Against Claims Clause in Contracts

Defend Against Claims. The Debtor will defend the Collateral against all claims and demands of all Persons at any time claiming the same or any interest therein unless both the Agent and the Debtor determine that the claim or demand is not material and that, consequently, such defense would not be consistent with good business judgment. The Debtor will not permit any lien notices with respect to the Collateral or any portion thereof to exist or be on file in any public office except for those in favor of the Agent and those permitted under the terms of the Loan Agreement.

Defend Against Claims. The Debtor will defend the Collateral against all claims and demands of all Persons persons at any time claiming the same or any interest therein unless both the Agent and the Debtor determine that the claim or demand is not material and that, consequently, such defense would not be consistent with good business judgment. The Debtor will not permit any lien notices with respect to the Collateral or any portion thereof to exist or be on file in any public office except for those in favor of the Agent and those permitted under the terms of the Loan Purchase Agreement.

Defend Against Claims. The Debtor will defend the Collateral against all claims and demands of all Persons persons at any time claiming the same or any interest therein unless both the Agent and the Debtor determine determines that the claim or demand is not material and that, consequently, such defense would not be consistent with good business judgment. The Debtor will not permit any lien notices with respect to the Collateral or any portion thereof to exist or be on file in any public office except for those in favor of the Agent and those permitted under the terms of the Consolidated Bridge Loan Agreement.

Defend Against Claims. The Debtor will defend the Collateral against all claims and demands of all Persons at any time claiming the same or any interest therein unless both the Agent and the Debtor determine that the claim or demand is not material and that, consequently, such defense would not be consistent with good business judgment. The Debtor will not permit any lien notices with respect to the Collateral or any portion thereof to exist or be on file in any public office except for those in favor of the Agent and those permitted under the terms of the Loan Purchase Agreement.