Defense of Pledged Collateral. At the Pledgor's own cost and expense, take any and all actions necessary to defend title to the Pledged Collateral against all persons and to defend the Pledgee's security interest in the Pledged Collateral and the priority thereof against any Lien.
Appears in 2 contracts
Sources: Master Royalty and Use Agreement (Clearwire Corp), Master Royalty and Use Agreement (Clearwire Corp)
Defense of Pledged Collateral. At the Pledgor's its own cost and expense, take any and all actions necessary to defend title to the Pledged Collateral against all persons and to defend the Pledgee's security interest in the Pledged Collateral and the priority thereof against any Lien.
Appears in 1 contract
Sources: Spectrum Access and Loan Facility Agreement (Clearwire Corp)