Limitation on Liens on Collateral. Grantor shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except (a) Permitted Liens and (b) the Lien granted to Secured Party under this Security Agreement.
Appears in 18 contracts
Samples: Note and Warrant Purchase Agreement (Biocept Inc), Security Agreement (Biocept Inc), Security Agreement (Biocept Inc)
Limitation on Liens on Collateral. Grantor shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except (a) Permitted Liens and (b) the Lien granted to the Secured Party Parties under this Security Agreement.
Appears in 11 contracts
Samples: Security Agreement (Oncobiologics, Inc.), Security Agreement (ARYx Therapeutics, Inc.), Security Agreement (Local Matters Inc.)
Limitation on Liens on Collateral. Grantor shall not, directly or indirectly, will not create, permit or suffer to exist, and shall Grantor will defend the Collateral against against, and take such other action as is necessary to remove, any Lien on the CollateralCollateral except Permitted Liens, except (a) Permitted Liens and (b) will defend the Lien granted right, title and interest of Agent in and to Secured Party any of Grantor's rights under this Security Agreementthe Collateral against the claims and demands of all Persons whomsoever.
Appears in 7 contracts
Samples: Security Agreement (Gibraltar Packaging Group Inc), Security Agreement (Platinum Entertainment Inc), Security Agreement (Gibraltar Packaging Group Inc)
Limitation on Liens on Collateral. Grantor shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except (a) the Permitted Liens and (b) the Lien granted to Secured Party Grantee under this Security Agreement.
Appears in 3 contracts
Samples: Security Agreement (Crdentia Corp), Security Agreement (Crdentia Corp), Security Agreement (Crdentia Corp)
Limitation on Liens on Collateral. Grantor shall not, directly or indirectly, create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except (a) Permitted Liens and (b) the Lien granted to Secured Party under this Security AgreementLiens.
Appears in 2 contracts
Samples: Credit Agreement (Software Net Corp), Security Agreement (Western Multiplex Corp)
Limitation on Liens on Collateral. Grantor shall not, directly or indirectly, not create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except Collateral (a) Permitted Liens and (b) other than the Lien granted to Secured Party under created by this Security Agreement)."
Appears in 1 contract
Samples: Security Agreement (American Business Financial Services Inc /De/)
Limitation on Liens on Collateral. Except as provided in paragraph (f) below, the Grantor shall not, directly or indirectly, will not create, incur or permit or suffer to exist, and shall will defend at its own expense the Collateral against against, and will take such other action as is necessary to remove, any Lien or claim on or to the Collateral, except (a) Permitted Liens other than the Prior Liens, and (b) will defend the Lien granted right, title and interest of the Secured Parties in and to Secured Party under this Security Agreementany of the Collateral against the claims and demands of all persons whomsoever, other than the Prior Lienholders.
Appears in 1 contract
Samples: Debenture Imagent and Oxygent Patent and Trademark Security Agreement (Alliance Pharmaceutical Corp)
Limitation on Liens on Collateral. Grantor shall not, directly or indirectly, not create, permit or suffer to exist, and shall defend the Collateral against and take such other action as is necessary to remove, any Lien on the Collateral, except (a) Permitted Liens and (b) the Lien granted to Secured Party Agent under this Security Agreement.. Grantor shall further defend the right, title and interest
Appears in 1 contract
