Common use of Other Encumbrances Clause in Contracts

Other Encumbrances. At all times after the date hereof and until such time as there are no Obligations due to the Secured Parties or this Agreement is sooner terminated, the Company shall, subject to the rights of the holders of the Permitted Liens: (i) defend its title to, and each Secured Party’s interest in, the Collateral against all claims, (ii) take any action necessary to remove any encumbrances on the Collateral other than Permitted Liens, and (iii) defend the right, title and interest of each Secured Party in and to any of the Company’s rights in the Collateral.

Appears in 4 contracts

Samples: Security Agreement, Security Agreement (Authentidate Holding Corp), Security Agreement (Authentidate Holding Corp)

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Other Encumbrances. At all times after the date hereof and until such time as there are no Obligations due to the Secured Parties Party or this Agreement is sooner terminated, the Company shall, subject to the rights of the holders of the Permitted Liens: (i) defend its title to, and each the Secured Party’s interest in, the Collateral against all claims, (ii) take any action necessary to remove any encumbrances on the Collateral other than Permitted Liens, and (iii) defend the right, title and interest of each the Secured Party in and to any of the Company’s rights in the Collateral.

Appears in 2 contracts

Samples: Security Agreement (Jupiter Wellness, Inc.), Security Agreement (Authentidate Holding Corp)

Other Encumbrances. At all times after the date hereof and until such time as there are no Obligations due to the Secured Parties or this Agreement is sooner terminatedParties, the Company shall, subject to the rights of the holders of the Permitted Liens: (i) defend its title to, and each Secured Party’s interest in, the Collateral against all claims, (ii) take any action necessary to remove any encumbrances on the Collateral other than Permitted Liens, and (iii) defend the right, title and interest of each Secured Party in and to any of the Company’s rights in the Collateral.

Appears in 1 contract

Samples: Form of Security Agreement (Xenonics Holdings, Inc.)

Other Encumbrances. At all times after the date hereof and until such time as there are no Obligations due to the Secured Parties or this Security Agreement is sooner terminated, the Company shall, subject to the rights of the holders of the Permitted Liens: (i) defend its title to, and each Secured Party’s interest in, the Collateral against all claims, (ii) take any action necessary to remove any encumbrances on the Collateral other than Permitted Liens, and (iii) defend the right, title and interest of each Secured Party in and to any of the Company’s rights in the Collateral.

Appears in 1 contract

Samples: Security Agreement (Authentidate Holding Corp)

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Other Encumbrances. At all times after the date hereof and until such time as there are no Obligations due to the Secured Parties or this Agreement is sooner terminatedParties, the Company shall, subject to the rights of the holders of the Senior Indebtedness and the Permitted Liens: (i) defend its title to, and each Secured Party’s interest in, the Collateral against all claims, (ii) take any action necessary to remove any encumbrances on the Collateral other than Permitted Liens, and (iii) defend the right, title and interest of each Secured Party in and to any of the Company’s rights in the Collateral.

Appears in 1 contract

Samples: Security Agreement (Skinny Nutritional Corp.)

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