Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 20 contracts
Samples: Second Lien Pledge and Security Agreement, Pledge and Security Agreement (Ocwen Financial Corp), Pledge and Security Agreement (Safeguard Scientifics Inc)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time reasonably claiming any interest therein;
Appears in 7 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement (First Foundation Inc.), Pledge and Security Agreement (ServisFirst Bancshares, Inc.)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this AgreementAgreement and Permitted Liens, and without duplication of Section 6.07(e), it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall use commercially reasonable efforts to defend the Collateral against all Persons (other than the holders of Permitted Liens) at any time claiming any interest therein;.
Appears in 5 contracts
Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc), Pledge and Security Agreement (Hologic Inc)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it such Grantor shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall use commercially reasonable efforts to defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 5 contracts
Samples: Intercreditor Agreement (Greektown Newco Sub, Inc.), Pledge and Security Agreement (Greektown Newco Sub, Inc.), Control Agreement (Greektown Superholdings, Inc.)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall use commercially reasonable efforts to defend the Collateral against all Persons at any time claiming any interest therein;Lien thereon other than a Permitted Lien; and
Appears in 4 contracts
Samples: Credit and Guaranty Agreement (Bz Intermediate Holdings LLC), Intercreditor Agreement (Bz Intermediate Holdings LLC), Patent Security Agreement (Boise Inc.)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall make reasonable efforts to defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 4 contracts
Samples: Pledge and Security Agreement (American Casino & Entertainment Properties LLC), First Lien Pledge and Security Agreement (American Casino & Entertainment Properties LLC), Second Lien Pledge and Security Agreement (American Casino & Entertainment Properties LLC)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons (other than the holder of a Permitted Lien) at any time claiming any interest therein;
Appears in 4 contracts
Samples: Third Lien Pledge and Security Agreement (Alion Science & Technology Corp), First Lien Pledge and Security Agreement (Alion Science & Technology Corp), Second Lien Pledge and Security Agreement (Alion Science & Technology Corp)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Pledged Collateral, other than than, subject to applicable Gaming Laws, Permitted Liens, and such Grantor shall make reasonable efforts to defend the Pledged Collateral against all Persons at any time claiming any interest therein;
Appears in 3 contracts
Samples: Gaming Entities Pledge Agreement (American Casino & Entertainment Properties LLC), First Lien Gaming Entities Pledge Agreement (American Casino & Entertainment Properties LLC), Second Lien Gaming Entities Pledge Agreement (American Casino & Entertainment Properties LLC)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it no Grantor shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such each Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;therein (other than any Person having a claim under a Permitted Lien on any Collateral).
Appears in 3 contracts
Samples: Pledge and Security Agreement (Sunedison, Inc.), Securities Account Control Agreement (Sunedison, Inc.), Credit Agreement (SunEdison Semiconductor LTD)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest thereintherein (other than Permitted Liens);
Appears in 3 contracts
Samples: Intercreditor Agreement (Fairmount Santrol Holdings Inc.), Pledge and Security Agreement (Fairmount Santrol Holdings Inc.), Credit and Guaranty Agreement (Fmsa Holdings Inc)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement, Credit and Guaranty Agreement (TerraForm Power, Inc.)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than except Permitted Liens, and such Grantor shall use its commercially reasonable efforts in its business judgment to defend the Collateral against all Persons at any time claiming any security interest therein;.
Appears in 2 contracts
Samples: Security Agreement (Foresight Energy LP), Priority Lien Debt Pledge and Security Agreement (Foresight Energy LP)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it such Grantor shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 2 contracts
Samples: Security Agreement (Dts, Inc.), Security Agreement (Dts, Inc.)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;therein (other than Permitted Liens); and
Appears in 2 contracts
Samples: Pledge and Security Agreement (Covia Holdings Corp), Credit and Guaranty Agreement (Covia Holdings Corp)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this AgreementAgreement or otherwise in favor of the Collateral Trustee, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall use commercially reasonable efforts to defend the Collateral against all Persons, other than Persons with Permitted Liens on Collateral, at any time claiming any interest therein;
Appears in 2 contracts
Samples: Patent Security Agreement (Unisys Corp), Patent Security Agreement (Unisys Corp)
Ownership of Collateral and Absence of Other Liens. (ai) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;; and
Appears in 1 contract
Samples: Reimbursement and Guaranty Agreement (Delek US Holdings, Inc.)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this AgreementAgreement or otherwise in favor of the Secured Party, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall use commercially reasonable efforts to defend the Collateral against all Persons, other than Persons with Permitted Liens on Collateral, at any time claiming any interest therein;
Appears in 1 contract
Samples: Pledge and Security Agreement (ComSovereign Holding Corp.)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest interests created by this AgreementAgreement and the other Loan Documents, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor the Grantors shall defend the Collateral against all Persons (other than holders of Permitted Liens) at any time claiming any interest therein;
Appears in 1 contract
Samples: Security and Pledge Agreement (BJs RESTAURANTS INC)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons persons at any time claiming any interest therein;
Appears in 1 contract
Samples: Security Agreement (Five Below, Inc)
Ownership of Collateral and Absence of Other Liens. (ae) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest thereintherein adverse to the Administrative Agent or any other Secured Party;
Appears in 1 contract
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien (other than Permitted Liens) upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons (other than the holders of Permitted Liens) at any time claiming any interest therein;.
Appears in 1 contract
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall shall, at the Collateral Agent’s request, use its commercially reasonable efforts to defend the Collateral against all Persons at any time claiming any interest therein;, other than Permitted Liens; and
Appears in 1 contract
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than than, as permitted under the Indenture, ABL Liens, Permitted Notes Collateral Liens and Permitted Liens, and such Grantor shall use commercially reasonable efforts to defend the Collateral against all Persons at any time claiming any interest therein;; and
Appears in 1 contract
Samples: Pledge and Security Agreement (Global Brass & Copper Holdings, Inc.)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Collateral Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;.
Appears in 1 contract
Samples: Security Agreement (Great Wolf Lodge of Grapevine, LLC)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such the Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 1 contract
Samples: Pledge and Security Agreement (Ocwen Financial Corp)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it such Grantor shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 1 contract
Samples: Pledge and Security Agreement (Kv Pharmaceutical Co /De/)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, Collateral and such Grantor shall defend the Collateral against all Persons at any time reasonably claiming any interest therein;
Appears in 1 contract
Samples: Pledge and Security Agreement (Origin Bancorp, Inc. Attn: Chase Anderson)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this AgreementAgreement or otherwise in favor of Collateral Trustee, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 1 contract
Samples: Blanket Lien Pledge and Security Agreement (Conexant Systems Inc)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted LiensCollateral Encumbrances, and such Grantor the Pledgor shall defend the Collateral against all Persons at any time claiming any interest therein;therein (other than with respect to Permitted Collateral Encumbrances).
Appears in 1 contract
Samples: Credit Agreement (Sunpower Corp)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor it shall defend the Collateral against all Persons at any time claiming any interest therein;therein (other than Permitted Liens).
Appears in 1 contract
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this AgreementAgreement or otherwise in favor of the Collateral Agent, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 1 contract
Samples: Pledge and Security Agreement (AbitibiBowater Inc.)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Notes Collateral Liens, Permitted Liens and, subject to the Intercreditor Agreement, Liens securing North America ABL Obligations, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 1 contract
Samples: Pledge and Security Agreement (Signature Group Holdings, Inc.)
Ownership of Collateral and Absence of Other Liens. (a) except Except for the security interest created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall take all commercially reasonable actions to defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Och-Ziff Capital Management Group LLC)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest interests created by this Agreement, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted LiensLiens permitted by Section 6.03 of the First Out Credit Agreement, and such Grantor shall defend the Collateral against all Persons at any time claiming any an interest thereintherein that could be materially adverse to the interests of the Secured Parties;
Appears in 1 contract
Samples: Pledge and Security And (Alpha Natural Resources, Inc.)
Ownership of Collateral and Absence of Other Liens. (a) except for the security interest created by this AgreementAgreement or otherwise in favor of Collateral Agent, it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, other than Permitted Liens, and such Grantor shall defend the Collateral against all Persons at any time claiming any interest therein;
Appears in 1 contract
Samples: Pledge and Security Agreement (AbitibiBowater Inc.)
