Common use of Defense of Collateral Clause in Contracts

Defense of Collateral. Defend the Collateral against all claims and demands of all persons at any time claiming the same or any interest therein and pay all costs and expenses (including attorneys' fees) incurred in connection with such defense.

Appears in 5 contracts

Samples: Asset Based (Cable Link Inc), Loan and Security Agreement (Take Two Interactive Software Inc), Asset Based Loan and Security Agreement (Mazel Stores Inc)

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Defense of Collateral. Defend the Collateral and all proceeds --------------------- therefrom against all claims and demands of all persons Persons at any time claiming the same or any interest therein and preserve the Collateral free from any subsequent Liens, and Borrower shall pay all costs and expenses (including attorneys' fees) incurred in connection with such defensedefense and preservation.

Appears in 1 contract

Samples: Loan and Security Agreement (Dialysis Corp of America)

Defense of Collateral. Defend the Collateral against all claims and demands (other than Permitted Liens) of all persons at any time claiming the same or any interest therein and pay all costs and expenses (including attorneys' fees) incurred in connection with such defense.

Appears in 1 contract

Samples: Loan and Security Agreement (Littlefield Adams & Co)

Defense of Collateral. Defend the Collateral and all proceeds --------------------- therefrom against all claims and demands of all persons at any time claiming the same or any interest therein and preserve the Collateral free from any subsequent liens, encumbrances or security interests, and Borrower shall pay all costs and expenses (including attorneys' fees) incurred in connection with such defensedefense and preservation.

Appears in 1 contract

Samples: Investment and Loan Agreement (Medicore Inc)

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Defense of Collateral. Defend the Collateral against all claims and demands of all persons at any time claiming the same or any interest therein and pay all reasonable costs and expenses (including reasonable attorneys' fees) incurred in connection with such defense.

Appears in 1 contract

Samples: Loan and Security Agreement (Moto Photo Inc)

Defense of Collateral. Defend the Collateral against all claims --------------------- and demands of all persons at any time claiming the same or any interest therein and pay all costs and expenses (including attorneys' fees) incurred in connection with such defense.

Appears in 1 contract

Samples: Asset Based Loan and Security Agreement (Techdyne Inc)

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