Common use of Defense of Pledged Collateral Clause in Contracts

Defense of Pledged Collateral. The Pledgor warrants and will defend the Pledgee's right, title and security interest in and to the Pledged Collateral against the claims of any Person that purports to have rights created by, through or under the Pledgor.

Appears in 4 contracts

Sources: Share Pledge Agreement (Panda Global Holdings Inc), Share Pledge Agreement (Panda Global Holdings Inc), Share Pledge Agreement (Panda Global Holdings Inc)