Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Agent or any other Secured Party other than Permitted Liens. Subject to Section 7.09 of the Credit Agreement, there is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Agent hereunder.
Appears in 4 contracts
Sources: Security Agreement (Gentiva Health Services Inc), Credit Agreement (Gentiva Health Services Inc), Security Agreement (Gentiva Health Services Inc)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 of the Credit Agreement, each Each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Agent or any other Secured Party other than Permitted Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreementagreement (other than with respect to a Permitted Lien), order, judgment or decree, and no Pledgor shall enter into any agreement (other than with respect to a Permitted Lien) or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Agent hereunder.
Appears in 4 contracts
Sources: First Lien Security Agreement, Security Agreement (Fiesta Restaurant Group, Inc.), First Lien Security Agreement (Carrols Restaurant Group, Inc.)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 6.3 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Liens. Subject Liens permitted pursuant to Section 7.09 7.1 of the Credit Agreement, there . There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunderhereunder other than actions or agreements granting customary rights to others in the ordinary course of business.
Appears in 3 contracts
Sources: Credit Agreement (Davita Inc), Credit Agreement (Davita Inc), Credit Agreement (Davita Inc)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 5.05 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Collateral Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunder.
Appears in 2 contracts
Sources: Security Agreement (Sciele Pharma, Inc.), Security Agreement (Itron Inc /Wa/)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 of the Credit Agreement, each Each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Agent or any other Secured Party other than Permitted Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreementagreement (other than with respect to a Permitted Lien), order, judgment or decree, and no Pledgor shall enter into any agreement (other than with respect to a Permitted Lien) or take any other action, that would restrict the transferability transfer ability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Agent hereunder.
Appears in 2 contracts
Sources: Security Agreement (Carrols Restaurant Group, Inc.), Security Agreement
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.08 and 7.09 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Collateral Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunder.
Appears in 1 contract
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 9.08 and 9.09 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Collateral Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunder.
Appears in 1 contract
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 4.09 of the Credit AgreementIndenture, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, in each case, other than as permitted under the Indenture, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict conflict, in any material respect, with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunder.
Appears in 1 contract
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Liens. Subject to Liens permitted by Section 7.09 7.01 of the Credit Agreement. Other than the First Lien Loan Documents and the Intercreditor Agreement, there is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunder.
Appears in 1 contract
Sources: Second Lien Security Agreement (RiskMetrics Group Inc)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Liens. Subject to Liens permitted by Section 7.09 7.01 of the Credit Agreement. Other than the Second Lien Loan Documents and the Intercreditor Agreement, there is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunder.
Appears in 1 contract
Sources: First Lien Security Agreement (RiskMetrics Group Inc)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 6.04 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Agent or any other Secured Party other than Permitted Liens. Subject to Liens permitted under Section 7.09 7.01 of the Credit Agreement, there . There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Agent hereunder.
Appears in 1 contract
Sources: Credit Agreement (Brocade Communications Systems Inc)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 6.3 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Collateral Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunderhereunder other than actions or agreements granting customary rights to others in the ordinary course of business.
Appears in 1 contract
Sources: Security Agreement (Davita Inc)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 6.04 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Agent or any other Secured Party other than Permitted Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Agent hereunder.
Appears in 1 contract
Sources: Security Agreement (Salem Communications Corp /De/)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 5.05 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunder.
Appears in 1 contract
Sources: Credit Agreement (Navisite Inc)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 5.3 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Agent or any other Secured Party other than Permitted Collateral Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s 's obligations or the rights of the Administrative Agent hereunder.
Appears in 1 contract
Sources: Security Agreement (Itron Inc /Wa/)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 the definition of “Permitted Investments” in the Credit AgreementIndenture, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Collateral Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunder.
Appears in 1 contract
Sources: Second Lien Security Agreement (Salem Communications Corp /De/)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 7.03 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Agent or any other Secured Party other than Permitted Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s obligations or the rights of the Administrative Agent hereunder.
Appears in 1 contract
Sources: First Lien Security Agreement (Salem Communications Corp /De/)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 5.05 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Agent Collateral Agents and the priority thereof against all material claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Agent Collateral Agents or any other Secured Party other than Permitted Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would materially restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s 's obligations or the rights of the Administrative Agent hereunderCollateral Agents hereunder other than such permits, licenses or agreements in the ordinary course of business.
Appears in 1 contract
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 5.05 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Liens. Subject to Section 7.09 of the Credit Agreement, there There is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise impair or conflict with such Pledgor’s 's obligations or the rights of the Administrative Collateral Agent hereunder.
Appears in 1 contract
Sources: Security Agreement (Navisite Inc)
Defense of Claims; Transferability of Pledged Collateral. Subject to Section 7.09 5.05 of the Credit Agreement, each Pledgor shall, at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Collateral Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest therein adverse to the Administrative Collateral Agent or any other Secured Party other than Permitted Liens. Subject to Section 7.09 As of the Credit Agreementdate hereof, there is no agreement, order, judgment or decree, and no Pledgor shall enter into any agreement or take any other action, that would restrict the transferability of any of the Pledged Collateral or otherwise materially impair or conflict with such Pledgor’s obligations or the rights of the Administrative Collateral Agent hereunder.
Appears in 1 contract
Sources: Security Agreement (Southern Graphic Systems, Inc.)