Common use of Defense of Collateral Clause in Contracts

Defense of Collateral. The Pledgor shall, until the Security Discharge Date, defend its title to the Collateral and the interest of the Collateral Agent (for the benefit of itself and the other Senior Secured Parties) in the Collateral pledged hereunder against the claims and demands of all other Persons.

Appears in 2 contracts

Samples: Pledge and Security Agreement (First United Ethanol LLC), Pledge and Security Agreement (First United Ethanol LLC)

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Defense of Collateral. The Pledgor shall, until the Security Discharge Termination Date, defend its title to the Collateral and the interest of the Collateral Agent (for the benefit of itself and the other Senior Secured Parties) in the Collateral pledged hereunder against the claims and demands of all other Persons.

Appears in 1 contract

Samples: Pledge and Security Agreement (Wynn Resorts LTD)

Defense of Collateral. The Pledgor shall, until the Security Discharge Date, defend its title to the Collateral and the interest of the Collateral Agent (for the benefit of itself and the other Senior Secured Parties) in the Collateral pledged hereunder against the claims and demands of all other Persons, provided that nothing in this Section 5.01 shall limit the Pledgor’s right to dispose of the Collateral in accordance with the Financing Documents.

Appears in 1 contract

Samples: Pledge and Security Agreement (Pacific Ethanol, Inc.)

Defense of Collateral. The Pledgor shall, until the Security Discharge Date, defend its title to the Collateral and the interest of the Collateral Agent (for the benefit of itself and the other Senior Secured Parties) in the Collateral pledged hereunder against the claims and demands of all other Persons.

Appears in 1 contract

Samples: Equity Pledge Agreement (Us Geothermal Inc)

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Defense of Collateral. The Pledgor shall, until the Security Discharge Date, defend its title to the Collateral and the interest of the Collateral Agent (for the benefit of itself and the other Senior Secured Parties) Pledgee in the Collateral pledged hereunder against the claims and demands of all other Persons.

Appears in 1 contract

Samples: Pledge and Security Agreement (Golden Telecom Inc)

Defense of Collateral. The Pledgor shall, until the Security Discharge Date, defend its title to the Collateral and the interest of the Collateral Agent (for the benefit of itself and the other Senior Secured Parties) in the Collateral pledged hereunder against the claims and demands of all other Persons, provided that nothing in this Section 5.01 shall limit the Pledgor's right to dispose of the Collateral in accordance with the Financing Documents.

Appears in 1 contract

Samples: Credit Agreement (Pacific Ethanol, Inc.)

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