Common use of Defend the Collateral Clause in Contracts

Defend the Collateral. Debtor shall defend the title to the Collateral ------ --- ----------- against all persons and against all claims and demands whatsoever, which Collateral, except for the security interest granted hereby, is lawfully owned by Debtor and is now free and clear of any and all liens, security interests, claims, charges, encumbrances, taxes, and assessments of any kind, except as may be set forth on the Schedules. At the request of Secured Party, Debtor shall furnish adequate assurance of title, execute any written agreement or do any other acts reasonably necessary to effectuate the purposes and provisions of this Agreement, execute any instrument or statement required by law or otherwise in order to perfect, continue, or terminate the security interest of Secured Party in the Collateral and pay all reasonable costs of filing in connection therewith.

Appears in 1 contract

Sources: Security Agreement (Summagraphics Corp)

Defend the Collateral. Debtor shall defend the title to the Collateral ------ --- ----------- against all persons and against all claims and demands whatsoever, which Collateral, except for the security interest granted hereby, is lawfully owned by Debtor and is now free and clear of any and all liens, security interests, claims, claims charges, encumbrances, taxes, and assessments of any kind, except as may be set forth on the Schedules. At the request of Secured Party, Debtor shall furnish adequate further assurance of title, execute any written agreement or do any other acts reasonably necessary to effectuate the purposes and provisions of this Agreement, execute any instrument or statement required by law or otherwise in order to perfect, continue, or terminate the security interest of Secured Party in the Collateral and pay all reasonable costs of filing in connection therewith.

Appears in 1 contract

Sources: Security Agreement (Iomega Corp)

Defend the Collateral. Debtor shall defend the title to the Collateral ------ --- ----------- against all persons and against all claims and demands whatsoever, which Collateral, except for the security interest granted hereby, is lawfully owned by Debtor and is now free and clear of any and all liens, security interests, claims, charges, encumbrances, taxes, and assessments of any kind, except as may be set forth on the Schedules. At the request of Secured Party, Debtor shall furnish adequate further assurance of title, execute any written agreement or do any other acts reasonably necessary to effectuate the purposes and provisions of this Agreement, execute any instrument or statement required by law or otherwise in order to perfect, continue, or terminate the security interest of Secured Party in the Collateral and pay all reasonable costs of filing in connection therewith.

Appears in 1 contract

Sources: Security Agreement (Oregon Baking Co Dba Marsee Baking)