Common use of Defense of Collateral, Etc Clause in Contracts

Defense of Collateral, Etc. Each Grantor shall defend and enforce (a) its right, title and interest in and to any part of the Collateral; and (b) if not included within the Collateral, those assets and properties whose loss would reasonably be expected to have a Material Adverse Effect, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law (other than any such claims and demands by holders of Permitted Liens).

Appears in 21 contracts

Samples: Security Agreement (Generation Alpha, Inc.), Security Agreement (Q BioMed Inc.), Security Agreement (Kona Gold Beverage, Inc.)

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Defense of Collateral, Etc. Each Grantor shall defend and enforce (a) its right, title and interest in and to any part of of: (a) the CollateralPledged Property; and (b) if not included within the CollateralPledged Property, those assets and properties whose loss would reasonably be expected to have a Material Adverse Effect, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law (other than any such claims and demands by holders of Permitted Liens).

Appears in 11 contracts

Samples: Security Agreement (Hyperdynamics Corp), Security Agreement (Homeland Security Capital CORP), Security Agreement (Ir Biosciences Holdings Inc)

Defense of Collateral, Etc. Each Grantor of the Grantors shall defend and enforce (a) its right, title and interest in and to any part of of: (a) the Collateral; and (b) if not included within the Collateral, those assets and properties whose loss would reasonably be expected to have a Material Adverse Effect, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law (other than any such claims and demands by holders of Permitted Liens).

Appears in 10 contracts

Samples: Security Agreement (Bitzio, Inc.), Security Agreement (Pervasip Corp), Global Security Agreement (Greenshift Corp)

Defense of Collateral, Etc. Each Grantor shall defend and enforce (a) its right, title and interest in and to any part of of: (a) the CollateralPledged Property; and (b) if not included within the CollateralPledged Property, those assets and properties whose loss would reasonably be expected to have a Material Adverse Effect, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law (other than any such claims and demands by holders of Permitted Liens).

Appears in 2 contracts

Samples: Security Agreement (SRKP 22 Inc), Indemnification Agreement (SRKP 22 Inc)

Defense of Collateral, Etc. Each Grantor shall defend and enforce (a) its right, title and interest in and to any part of of: (a) the CollateralPledged Property; and (b) if not included within the CollateralPledged Property, those assets and properties whose loss would reasonably be expected to have result in a Material Adverse Effect, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law (other than any such claims and demands by holders of Permitted Liens)law.

Appears in 1 contract

Samples: Security Agreement (Telkonet Inc)

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Defense of Collateral, Etc. Each Grantor shall defend and enforce (a) its right, title and interest in and to any part of the Collateral; and (b) if not included within the Collateral, those assets and properties whose loss would reasonably be expected to have a Material Adverse Effect, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law (other than any such claims and demands by holders of Permitted Liens).

Appears in 1 contract

Samples: Unit Purchase Agreement (Medivie USA Inc.)

Defense of Collateral, Etc. Each The Grantor shall defend and enforce (a) its right, title and interest in and to any part of of: (a) the CollateralPledged Property; and (b) if not included within the CollateralPledged Property, those assets and properties whose loss would reasonably be expected to have a Material Adverse Effect, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law (other than any such claims law. Further, the Grantor shall diligently prosecute the Litigation and demands by holders of Permitted Liens)take all prudent and advisable actions in connection with the same.

Appears in 1 contract

Samples: Security Agreement (CombiMatrix Corp)

Defense of Collateral, Etc. Each The Grantor shall defend and enforce (a) its right, title and interest in and to any part of of: (a) the CollateralPledged Property; and (b) if not included within the CollateralPledged Property, those assets and properties whose loss would reasonably be expected to have a Material Adverse Effect, each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law (other than any such claims and demands by holders of Permitted Liens).

Appears in 1 contract

Samples: Security Agreement (BBM Holdings, Inc.)

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