Ownership; Defense of Title. (a) Borrower shall defend its title in and to the Collateral and shall defend the security interest of Lender in the Collateral against the claims and demands of all Persons.
Appears in 4 contracts
Samples: Loan and Security Agreement (Tattooed Chef, Inc.), Loan and Security Agreement (Radisys Corp), Loan and Security Agreement (ScripsAmerica, Inc.)
Ownership; Defense of Title. (a) Borrower shall, and shall cause each Guarantor to defend its title in and to the Collateral and shall defend the security interest of Lender in the Collateral against the claims and demands of all Persons.
Appears in 1 contract
Samples: Fifth Modification Agreement (White Electronic Designs Corp)
Ownership; Defense of Title. (a) Each Borrower shall defend its title in and to the Collateral and shall defend the security interest of Lender in the Collateral against the claims and demands of all Persons.
Appears in 1 contract
Samples: Loan and Security Agreement (Mendocino Brewing Co Inc)
Ownership; Defense of Title. (a) Borrower Borrowers shall defend its title in and to the Collateral and shall defend the security interest of Lender in the Collateral against the claims and demands of all Persons.
Appears in 1 contract
Ownership; Defense of Title. (a) Borrower shall defend its title in and to the Collateral and shall defend the security interest of Lender in the Collateral against the claims and demands of all Persons, provided that Borrower will not be required to defend title (i) to immaterial assets and (ii) in instances where Lender has determined in consultation with Borrower that the burden or costs of defending title to such asset is excessive in view of the benefits to be obtained by Lender.
Appears in 1 contract
Ownership; Defense of Title. (a) Borrower shall defend its title in and to the Collateral and shall defend the security interest of Lender in the Collateral against the claims and demands of all Persons.
Appears in 1 contract
Samples: Loan and Security Agreement (Dallas Gold & Silver Exchange Inc /Nv/)