Common use of Right of Secured Party to Defend Action Affecting Security Clause in Contracts

Right of Secured Party to Defend Action Affecting Security. Secured Party may, at the expense of Debtor, appear in and defend any action or proceeding at law or in equity purporting to affect Secured Party's security interest under this Agreement.

Appears in 9 contracts

Samples: Pledge and Security Agreement (Smith Jack T), Pledge and Security Agreement (Maii Holdings Inc), Pledge and Security Agreement (Smith Jack T)

AutoNDA by SimpleDocs

Right of Secured Party to Defend Action Affecting Security. Secured Party may, at the expense of Debtor, appear in and defend any action or proceeding at law or in equity purporting to affect Secured Party's security interest Security Interest under this Agreement.

Appears in 7 contracts

Samples: Assignment and Security Agreement (American Physicians Service Group Inc), Assignment and Security Agreement (Prime Medical Services Inc /Tx/), Assignment and Security Agreement (Prime Medical Services Inc /Tx/)

Right of Secured Party to Defend Action Affecting Security. The Secured Party may, at the expense of Debtor's expense, appear in and defend any action or proceeding at law or in equity purporting to affect the Secured Party's security interest under this Security Agreement.

Appears in 4 contracts

Samples: Security Agreement (Cyanotech Corp), Security Agreement (Cyanotech Corp), Security Agreement (Cyanotech Corp)

Right of Secured Party to Defend Action Affecting Security. Secured Party may, at the expense of Debtor, appear in and defend any action or proceeding at law or in equity purporting to affect Secured Party's security interest Security Interest under this Agreement.. ----------------------------------------------------------

Appears in 1 contract

Samples: Contribution Agreement (Prime Medical Services Inc /Tx/)

Right of Secured Party to Defend Action Affecting Security. Secured Party may, at the expense of DebtorMoadel, appear in and defend any action or proceeding at law or in equity purporting to affect Secured Party's security interest Security Interest under this Agreement.

Appears in 1 contract

Samples: Assignment and Security Agreement (Prime Medical Services Inc /Tx/)

AutoNDA by SimpleDocs

Right of Secured Party to Defend Action Affecting Security. The Secured Party may, at the expense of DebtorDebtors expense, appear in and defend any action or proceeding at law or in equity purporting to affect the Secured Party's ’s security interest under this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Hoku Scientific Inc)

Right of Secured Party to Defend Action Affecting Security. The Secured Party may, at the expense of Debtor’s expense, appear in and defend any action or proceeding at law or in equity purporting to affect the Secured Party's ’s security interest under this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Cyanotech Corp)

Right of Secured Party to Defend Action Affecting Security. Secured Party may, at the expense of DebtorPledgor, appear in and defend any action or proceeding at law or in equity purporting to affect Secured Party's security interest under this Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Boundless Motor Sports Racing Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.