Common use of Protection of Security Clause in Contracts

Protection of Security. The Borrower shall, at its own cost and expense, take any and all actions necessary to defend title to the Collateral against all Persons and to defend the Security Interest of the Collateral Agent in the Collateral and the priority thereof against any Lien.

Appears in 3 contracts

Samples: Credit Agreement (Winstar Communications Inc), Security Agreement (Winstar Communications Inc), Security Agreement (Winstar Communications Inc)

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Protection of Security. The Borrower shall, at its own cost and expense, take any and all actions reasonably necessary to defend title to the Collateral owned by it against all Persons persons and to defend the Security Interest security interest of the Collateral Agent Lenders in the Collateral such Collateral, and the priority thereof thereof, against any LienLien of any nature whatsoever except for the Permitted Liens.

Appears in 3 contracts

Samples: Security Agreement (Tapimmune Inc), Security Agreement (Tapimmune Inc), Security Agreement (Op Tech Environmental Services Inc)

Protection of Security. The Borrower shall, at its own cost and expense, take any and all actions reasonably necessary to defend title to the Collateral owned by it against all Persons persons and to defend the Security Interest security interest of the Collateral Agent Lender in the Collateral such Collateral, and the priority thereof thereof, against any LienLien of any nature whatsoever except for Liens which may be permitted by the Debenture.

Appears in 3 contracts

Samples: Security Agreement (Mexoro Minerals LTD), Mexoro General Security Agreement (Mexoro Minerals LTD), Security Agreement (Paramount Gold & Silver Corp.)

Protection of Security. The Borrower Debtor shall, at its own cost and expense, take any and all actions reasonably necessary to defend title to the Collateral against all Persons and Collateral, to defend the Security Interest of the Collateral Agent Holder in the Collateral such Collateral, and the priority thereof thereof, against any Lienadverse lien or encumbrance of any nature whatsoever.

Appears in 1 contract

Samples: Security Agreement (Stratus Media Group, Inc)

Protection of Security. The Borrower shallwill, at its own cost and expense, take any and all actions necessary to defend title to the Collateral against all Persons and to defend the Security Interest security interest of the Collateral Agent Lender in the Collateral and the priority thereof thereof, against any Lienadverse Lien of any nature whatsoever.

Appears in 1 contract

Samples: Loan and Security Agreement (Tci Music Inc)

Protection of Security. The Borrower shall, at ---------------------- its own cost and expense, take any and all actions necessary to defend title to the Collateral against all Persons and to defend the Security Interest security interest of the Collateral Agent Lender in the Collateral and the priority thereof thereof, against any Lienadverse Lien of any nature whatsoever.

Appears in 1 contract

Samples: Loan and Security Agreement (Tele Communications Inc /Co/)

Protection of Security. The Borrower shall, at its own cost and ---------------------- expense, take any and all actions necessary to defend title to the Collateral against all Persons and to defend the Security Interest security interest of the Collateral Agent Lender in the Collateral and the priority thereof thereof, against any Lienadverse Lien of any nature whatsoever.

Appears in 1 contract

Samples: Loan and Security Agreement (DMX Inc)

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Protection of Security. The Borrower Each Debtor shall, at its own cost and expense, take any and all actions necessary to defend title to the Collateral against all Persons and to defend the Security Interest of the Collateral Agent in the Collateral and the priority thereof against any LienLien other than a Permitted Encumbrance.

Appears in 1 contract

Samples: Pledge Agreement (Mentor Corp /Mn/)

Protection of Security. The Borrower Debtor shall, at its own cost and expense, take any and all actions necessary to defend title to the Collateral against all Persons persons and to defend the Security Interest of the Collateral Agent Holder in the Collateral and the priority thereof against any Lienlien.

Appears in 1 contract

Samples: Security Agreement (Coconnect Inc)

Protection of Security. The Borrower shall, at its own cost and expense, take any and all actions necessary to defend title to the Collateral against all Persons and to defend the Security Interest security interest of the Collateral Agent Lender in the Collateral and the priority thereof thereof, against any Lienadverse Lien of any nature whatsoever.

Appears in 1 contract

Samples: Loan and Security Agreement (Tele Communications Inc /Co/)

Protection of Security. The Borrower Debtor shall, at its own cost and expense, take any and all actions necessary to defend title to the Collateral against all Persons and to defend the Security Interest of the Collateral Agent Secured Party in the Collateral and the priority thereof against any Lien.

Appears in 1 contract

Samples: Security Agreement (Tenby Pharma Inc)

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