Common use of Defense of Collateral Clause in Contracts

Defense of Collateral. The Borrower will appear in and defend any action, suit or proceeding which may affect to a material extent its title to, or right or interest in, or the Lender's right or interest in, the Collateral.

Appears in 4 contracts

Sources: Security Agreement (Amerigon Inc), Security Agreement (Amerigon Inc), Security Agreement (Amerigon Inc)

Defense of Collateral. The Borrower will shall appear in and defend any action, suit or proceeding which may affect to a material extent its title to, to or right or interest in, or the LenderBank's right or interest in, the Collateral.

Appears in 1 contract

Sources: Security Agreement (Prospect Medical Holdings Inc)

Defense of Collateral. The Borrower will appear in and defend any action, suit or proceeding which may affect to a material extent its title to, or right or interest in, or the LenderAgent's right or interest in, the Collateral.

Appears in 1 contract

Sources: Credit Agreement (California Microwave Inc)

Defense of Collateral. The Borrower will shall appear in and defend any action, suit or proceeding which may affect to a material extent its title to, to or right or interest in, or the LenderAgent's right or interest in, the Collateral.

Appears in 1 contract

Sources: Credit Agreement (Certified Grocers of California LTD)