Common use of Defense of Collateral Clause in Contracts

Defense of Collateral. The Borrower will defend the Collateral against all claims and demands of all persons at any time claiming the same or any interest in the Collateral.

Appears in 2 contracts

Sources: Bond Pledge and Security Agreement (Bluerock Residential Growth REIT, Inc.), Pledge and Security Agreement

Defense of Collateral. The Borrower will defend the Collateral against all claims and demands of all persons at any time claiming the same parties, other than Bank or any other party listed on the Perfection Certificate (if any), claiming an interest in any of the Collateral.

Appears in 1 contract

Sources: Security Agreement (Cpi Aerostructures Inc)

Defense of Collateral. The Borrower will Borrowers shall defend the Collateral against all claims and demands of all persons at any time claiming the same or any interest therein and pay all costs and expenses (including attorneys' fees) incurred in the Collateralconnection with such defense.

Appears in 1 contract

Sources: Workout Agreement (Quality Products Inc)

Defense of Collateral. The Borrower will Debtor shall defend the Collateral against all claims and demands of all persons or entities at any time claiming the same or any interest in the Collateraltherein other than those of Lender.

Appears in 1 contract

Sources: Mortgage (Naco Industries Inc)

Defense of Collateral. The Borrower will defend the Collateral against all claims and demands of all persons at any time claiming the same or any interest in the Collateral.

Appears in 1 contract

Sources: Master Credit Facility Agreement (Colonial Properties Trust)

Defense of Collateral. The Borrower will defend the Collateral against all claims and demands of all persons at any time claiming the same or any interest in the Collateralparties, other than Lender.

Appears in 1 contract

Sources: Security Agreement (Select-Tv Solutions, Inc.)

Defense of Collateral. The Borrower will defend the Collateral against all claims and demands of all persons Persons at any time claiming the same or any interest in therein adverse to the Collateralinterests of the Collateral Agent.

Appears in 1 contract

Sources: Borrower Security Agreement (American Radio Systems Corp /Ma/)