Common use of Defense of Collateral Clause in Contracts

Defense of Collateral. Debtor shall appear in and defend any action, suit or proceeding which may affect its title to or right or interest in, or Secured Party’s right or interest in, the Collateral.

Appears in 3 contracts

Sources: Security Agreement (Prospect Medical Holdings Inc), Security Agreement (Prospect Medical Holdings Inc), Security Agreement (Prospect Medical Holdings Inc)

Defense of Collateral. Debtor shall 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 Secured Party’s CoastFed's right or interest in, the Collateral.

Appears in 2 contracts

Sources: Security Agreement (RSL Communications PLC), Security Agreement (RSL Communications PLC)

Defense of Collateral. Debtor shall appear in and defend any action, suit or proceeding which may affect its title to or right or interest in, or Secured Party’s 's right or interest in, the Collateral.

Appears in 1 contract

Sources: Security Agreement (Prospect Medical Holdings Inc)

Defense of Collateral. Debtor Each Borrower shall appear in and defend any action, suit or proceeding which may affect its title to or right or interest in, or Secured Party’s right or interest in, the Collateral.

Appears in 1 contract

Sources: Security Agreement (Matrixx Initiatives Inc)