Common use of Protect Collateral Clause in Contracts

Protect Collateral. Further Assurances, etc. Pledgor will not sell, assign, transfer, pledge, or encumber in any other manner the Collateral (except in favor of Collateral Agent hereunder). Pledgor will warrant and defend the right and title herein granted unto Collateral Agent in and to the Collateral (and all right, title and interest represented by the Collateral) against the claims and demands of all Persons whomsoever. Pledgor agrees that at any time, and from time to time, at the expense of Pledgor, Pledgor will promptly execute and deliver all further instruments, and take all further action, that may be necessary or desirable, or that Collateral Agent may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable Collateral Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral. Pledgor shall provide Collateral Agent with copies of all written information received from any securities intermediary of Pledgor with respect to any Collateral.