Common use of Defense of Title and Further Assurances Clause in Contracts

Defense of Title and Further Assurances. At its expense, defend the title to the Collateral (or any part thereof), and promptly upon request execute, acknowledge and deliver any financing statement, renewal, affidavit, deed, assignment, continuation statement, security agreement, certificate or other document the Lender may reasonably require in order to perfect, preserve, maintain, protect, continue and/or extend the lien or security interest granted to the Lender under this Agreement and its priority. The Borrower shall pay to the Lender, on demand all taxes, costs and expenses incurred by the Lender, in connection with the preparation, execution, recording and filing of any such document or instrument.

Appears in 1 contract

Sources: Loan and Security Agreement (Sunrise Assisted Living Inc)

Defense of Title and Further Assurances. At its expense, expense defend the title to the Collateral (or any part thereof), and promptly upon request execute, acknowledge and deliver any financing statement, renewal, affidavit, deed, assignment, continuation statement, security agreement, certificate or other document the Lender may reasonably require in order to perfect, preserve, maintain, protect, continue and/or extend the lien or security interest granted to the Lender under this Agreement and its priority. The Borrower shall pay to the Lender, Lender on demand all taxes, costs and reasonable expenses incurred by the Lender, Lender in connection with the preparation, execution, recording and filing of any such document or instrument.

Appears in 1 contract

Sources: Financing and Security Agreement (Forensic Technologies International Corp)

Defense of Title and Further Assurances. At its expense, expense defend the title to the Collateral (or any part thereof), and promptly upon request execute, acknowledge and deliver any financing statement, renewal, affidavit, deed, assignment, continuation statement, security agreement, certificate or other document the Lender may reasonably require in order to perfect, preserve, maintain, protect, continue and/or extend the any lien or security interest granted to the Lender under this Agreement or any of the Security Documents and its priority. The Borrower Borrowers shall pay to the Lender, on demand all taxes, costs and expenses incurred by the Lender, in connection with the preparation, execution, recording and filing of any such document or instrument.

Appears in 1 contract

Sources: Financing and Security Agreement (Sunrise Assisted Living Inc)