Common use of Maintenance of Perfected Security Interest; Further Documentation Clause in Contracts

Maintenance of Perfected Security Interest; Further Documentation. The Borrower shall maintain the security interest created by this Agreement as a first priority perfected security interest and shall defend such security interest against the claims and demands of all Persons whomsoever.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc), Securities Account Control Agreement (Hanover Capital Mortgage Holdings Inc)

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Maintenance of Perfected Security Interest; Further Documentation. (a) The Borrower shall maintain the security interest created by this Agreement as a first priority perfected security interest having at least the priority described in Section 3.2 and Section 2.2 and shall defend such security interest and such priority against the claims and demands of all Persons whomsoeverPersons.

Appears in 2 contracts

Samples: Pledge and Security Agreement (BBGP Aircraft Holdings Ltd.), Pledge and Security Agreement (Babcock & Brown JET-i Co., Ltd.)

Maintenance of Perfected Security Interest; Further Documentation. The (a) Subject to Section 5.12, such Borrower shall maintain the security interest created by this Agreement as a first priority perfected security interest having at least the priority described in Section 4.3 and shall defend such security interest against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Benefit Street Partners Realty Trust, Inc.)

Maintenance of Perfected Security Interest; Further Documentation. The (a) Such Borrower shall maintain the security interest created by this Agreement as a first priority perfected security interest having at least the priority described in Section 5.3 and shall defend such security interest against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: , and Collateral Agreement (Probe Manufacturing Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) The Borrower shall maintain the security interest created by this Agreement as a first priority perfected security interest having at least the priority described in Section 7.01 and shall defend such security interest against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Term Loan, Security and Guaranty Agreement (Venoco, Inc.)

Maintenance of Perfected Security Interest; Further Documentation. (a) The Borrower shall maintain the security interest created by this Agreement as a first priority perfected security interest and shall defend such security interest against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Loan and Security Agreement (NMT Medical Inc)

Maintenance of Perfected Security Interest; Further Documentation. (a) The Borrower Debtor shall maintain the security interest created by this Agreement as a first priority perfected security interest in the Collateral and shall defend such security interest against the Liens, claims and demands of all Persons whomsoeverwhomsoever except Agent.

Appears in 1 contract

Samples: Security Agreement (Warrantech Corp)

Maintenance of Perfected Security Interest; Further Documentation. (a) The Borrower shall maintain the security interest created by this Agreement as a first priority first, perfected security interest subject only to Liens permitted to exist pursuant to the DIP Credit Agreement and shall defend such security interest against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Security Agreement (Smith Corona Corp)

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Maintenance of Perfected Security Interest; Further Documentation. (a) The Borrower shall maintain the security interest created by this Agreement as a first priority perfected security interest having at least the priority described in Section 3.2 and shall defend such security interest against the claims and demands of all Persons whomsoever, subject to the rights of the Borrower under the Senior Documents to dispose of the Collateral.

Appears in 1 contract

Samples: Note Purchase Agreement (Essential Utilities, Inc.)

Maintenance of Perfected Security Interest; Further Documentation. (a) The Borrower shall maintain the security interest created by this Agreement as a first priority perfected security interest having at least the priority described in Section 4.2 and shall defend such security interest against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Credit Agreement (Global Payments Inc)

Maintenance of Perfected Security Interest; Further Documentation. The (a) Each Borrower shall maintain the security interest interests created by this Agreement as a first priority perfected security interest interests having at least the priority described in subsection 5.2 and shall defend such security interest interests against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Security Agreement (Advanced Communication Systems Inc)

Maintenance of Perfected Security Interest; Further Documentation. The (a) Borrower shall maintain the security interest created by this Agreement as a first priority perfected security interest having at least the priority described in Section 4.2, and shall defend such security interest against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Security Agreement (IMRIS Inc.)

Maintenance of Perfected Security Interest; Further Documentation. The (a) Borrower shall maintain the security interest created by this Agreement as a first priority perfected security interest having at least the priority described in Section 9.28 and shall defend such security interest against the claims and demands of all Persons whomsoever.

Appears in 1 contract

Samples: Loan and Security Agreement (Camping World Holdings, Inc.)

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