Common use of Further Protection Clause in Contracts

Further Protection. The Pledgor will promptly give notice to the Secured Party of, and defend against, any suit, action, proceeding or lien that involves Posted Credit Support Transferred by the Pledgor or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s rights under Paragraph 6(c).

Appears in 71 contracts

Sources: 2002 Master Agreement (Verizon Master Trust), 2002 Master Agreement (Efcar, LLC), 2002 Master Agreement (Verizon Master Trust)

Further Protection. The Pledgor will promptly give notice to the Secured Party of, and defend against, any suit, action, proceeding or lien that involves Posted Credit Support Transferred by the Pledgor or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s 's rights under Paragraph 6(c).

Appears in 40 contracts

Sources: Long Term Power Purchase Agreement, Long Term Power Purchase Agreement, Fixed Price Customer Supply Contract

Further Protection. The Pledgor will promptly give notice to the Secured Party of, and defend against, any suit, action, proceeding proceeding, or lien that involves Posted Credit Support Transferred the posted Eligible Collateral delivered to Secured Party by the Pledgor or that could adversely affect the any security interest and or lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s rights under Paragraph 6(c)pursuant to this CSA.

Appears in 14 contracts

Sources: Master Power Agreement, Master Power Agreement, Master Power Agreement

Further Protection. The Pledgor will promptly give notice to the Secured Party of, and defend against, any suit, action, proceeding or lien that involves Posted Credit Support Collateral Transferred by the Pledgor or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s rights under Paragraph 6(c).

Appears in 2 contracts

Sources: Stock Purchase Agreement (Sun Life Financial Inc), Stock Purchase Agreement (Sun Life Financial Inc)

Further Protection. The Pledgor promptly will promptly give notice to the Secured Party of, and defend against, any suit, action, proceeding or lien that involves Posted Credit Support Transferred by the Pledgor or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s rights under Paragraph 6(c).

Appears in 2 contracts

Sources: Isda Master Agreement (BNC Mortgage Loan Trust 2007-2), Isda Master Agreement (BNC Mortgage Loan Trust 2007-2)

Further Protection. The Pledgor promptly will promptly give notice to the Secured Party of, and defend against, any suit, action, proceeding or lien that involves Posted Credit Support Transferred by the Pledgor or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s 's rights under Paragraph 6(c).

Appears in 2 contracts

Sources: Isda Master Agreement (BNC Mortgage Loan Trust 2007-1), Isda Master Agreement (BNC Mortgage Loan Trust 2007-1)

Further Protection. The Pledgor will promptly give notice to the he Secured Party of, and defend against, any suit, action, proceeding or lien that involves Posted Credit Support Transferred by the Pledgor or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s rights under Paragraph 6(c).

Appears in 1 contract

Sources: Credit Support Annex (Artisan Components Inc)

Further Protection. The Pledgor will promptly give notice to the Secured Party of, and defend against, any suit, action, proceeding or lien that involves Posted Credit Support Transferred by the Pledgor ▇▇▇▇▇▇▇ or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s 's rights under Paragraph 6(c).

Appears in 1 contract

Sources: Isda Master Agreement (Associated Estates Realty Corp)

Further Protection. The Pledgor will promptly give notice to the Secured Party of, and defend against, any suit, action, proceeding or lien that involves Posted Credit Support Transferred by the Pledgor or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s 's rights under Paragraph 6(c).

Appears in 1 contract

Sources: Credit Support Annex (American Skiing Co /Me)

Further Protection. The Pledgor will promptly give notice to the Secured Party of, and defend against, any suit, actionactin, proceeding or lien that involves Posted Credit Support Transferred by the Pledgor or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, action proceeding or lien results from the exercise of the Secured Party’s 's rights under Paragraph 6(c).

Appears in 1 contract

Sources: Master Agreement (Imc Global Inc)

Further Protection. The Pledgor will promptly give notice to the Secured Party of, and defend against, against any suit, action, proceeding or lien that involves Posted Credit Support Transferred by the Pledgor or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s 's rights under Paragraph 6(c).

Appears in 1 contract

Sources: Isda Master Agreement (Lillian Vernon Corp)

Further Protection. The Pledgor will promptly give notice to the Secured Party of, and defend against, any suit, action, proceeding or lien that involves Posted Credit Support Transferred by the Pledgor or that could adversely affect the security Security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s 's rights under Paragraph 6(c).

Appears in 1 contract

Sources: Isda Master Agreement (Granite Construction Inc)