Common use of Preservation of Security Clause in Contracts

Preservation of Security. 4 Section 4.1. CONTINUING SECURITY........................................................................4 Section 4.2. WAIVER OF DEFENSES.........................................................................4 Section 4.3. IMMEDIATE RECOURSE.........................................................................5 Section 4.4.

Preservation of Security. 4 Section 4.1. CONTINUING SECURITY................................................................................................................................................ 4 Section 4.2. WAIVER OF DEFENSES.................................................................................................................................................. 4 Section 4.3. IMMEDIATE RECOURSE.................................................................................................................................................. 5 Section 4.4.