Common use of Defense of Collateral Clause in Contracts

Defense of Collateral. The Borrower, at its expense, will defend the Collateral against any claims or demands adverse to the Bank's security interest and will promptly pay, when due, all taxes or assessments levied against the Borrower on the Collateral.

Defense of Collateral. The Borrower, at its expense, will defend the Collateral against any claims or demands adverse to the BankLender's security interest therein and will promptly pay, when due, all taxes or assessments levied against the Borrower on the Collateral.

Defense of Collateral. The Borrower, at its expense, will shall defend the Collateral against any claims or demands adverse to the BankAgent's security interest granted hereunder and will shall promptly pay, when due, all taxes or assessments levied against the Borrower on the Collateral.

Defense of Collateral. The BorrowerBorrowers, at its their expense, will defend the Collateral against any claims or demands adverse to the BankLender's security interest and will promptly pay, when due, all taxes or assessments levied against the any Borrower on the Collateral. Section 3.5.

Defense of Collateral. The Each Borrower, at its expense, will defend the Collateral against any claims or demands adverse to the BankLender's security interest and will promptly pay, pay when due, due all taxes or assessments levied against the such Borrower on the Collateral.

Defense of Collateral. The Borrower, at its expense, will defend the Collateral against any claims or demands adverse to the BankLender's security interest and will promptly pay, pay when due, due all taxes or assessments levied against the Borrower on the Collateral.