Common use of Protect Collateral; Further Assurances, etc Clause in Contracts

Protect Collateral; Further Assurances, etc. Such Pledgor agrees and covenants that it will not sell, assign, 191 transfer, pledge, or encumber in any other manner the Collateral (except in favor of the Facility Agent hereunder). Such Pledgor will warrant and defend the right and title herein granted unto the Facility Agent in and to the Collateral (and all right, title, and interest represented by the Collateral) against the claims and demands of all Persons whomsoever. Such Pledgor agrees that at any time, and from time to time, at the expense of such Pledgor, such Pledgor will promptly execute and deliver all further instruments, and take all further action, that may be necessary or desirable, or that the Facility Agent may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable the Facility Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral.

Appears in 1 contract

Sources: Credit Agreement (Dayton Superior Corp)

Protect Collateral; Further Assurances, etc. Such The Pledgor agrees and covenants that it will not sell, assign, 191 transfer, pledge, or encumber in any other manner the Collateral (except in favor for Liens permitted to exist under Section 7.2.3 of the Facility Agent hereunderCredit Agreement). Such The Pledgor will warrant and defend the right and title herein granted unto to the Facility Administrative Agent in and to the Collateral (and all right, title, and interest represented by the Collateral) against the claims and demands of all Persons whomsoeverwhomsoever (except those holders of Liens permitted to exist under Section 7.2.3 of the Credit Agreement). Such The Pledgor agrees that at any time, and from time to time, at the expense of such the Pledgor, such the Pledgor will promptly execute and deliver all further instruments, and take all further action, that may be necessary or desirablenecessary, or that the Facility Administrative Agent may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable the Facility Administrative Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral.

Appears in 1 contract

Sources: Pledge Agreement (Prosource Inc)

Protect Collateral; Further Assurances, etc. Such The Pledgor agrees and covenants that it will not sell, assign, 191 transfer, pledge, or encumber in any other manner the Collateral (except in favor other than Liens permitted to exist under Section 7.2.3 of the Facility Agent hereunderCredit Agreement). Such The Pledgor will warrant and defend the right and title herein granted unto to the Facility Administrative Agent in and to the Collateral (and all right, title, and interest represented by the Collateral) against the claims and demands of all Persons whomsoeverwhomsoever (other than holders of Liens permitted to exist under Section 7.2.3 of the Credit Agreement). Such The Pledgor agrees that at any time, and from time to time, at the expense of such the Pledgor, such the Pledgor will promptly execute and deliver all further instruments, and take all further action, that may be necessary or desirable, or that the Facility Administrative Agent may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable the Facility Administrative Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral.

Appears in 1 contract

Sources: Pledge Agreement (Prosource Inc)

Protect Collateral; Further Assurances, etc. Such The Pledgor agrees and covenants that it will not sell, assign, 191 transfer, pledge, or encumber in any other manner the Collateral (except in favor of the Facility Administrative Agent hereunder)) except as permitted under the Credit Agreement. Such The Pledgor will warrant and defend the right and title herein granted unto the Facility Administrative Agent in and to the Collateral (and all right, title, and interest represented by the Collateral) against the claims and demands of all Persons whomsoever. Such The Pledgor agrees that at any time, and from time to time, at the expense of such the Pledgor, such the Pledgor will promptly execute and deliver all further instruments, and take all further action, that may be necessary or desirable, or that the Facility Administrative Agent may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable the Facility Administrative Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral.

Appears in 1 contract

Sources: Credit Agreement (Wilson Greatbatch Technologies Inc)

Protect Collateral; Further Assurances, etc. Such The Pledgor covenants and agrees and covenants that it will not sell, assign, 191 transfer, pledge, or encumber in any other manner the Collateral (except in favor of the Facility Administrative Agent hereunder). Such The Pledgor will warrant and defend the right and title herein granted unto the Facility Administrative Agent in and to the Collateral (and all right, title, and interest represented by the Collateral) against the claims and demands of all Persons whomsoeverother Persons. Such The Pledgor agrees that at any time, and from time to time, at the expense of such the Pledgor, such Pledgor it will promptly execute and deliver all further instruments, and take all further action, that may be necessary or desirable, or that the Facility Administrative Agent may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable the Facility Administrative Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral. The Pledgor will not, without thirty (30) days’ prior written notice to the Administrative Agent, (i) change its name or structure so as to make any financing or other statement filed pursuant to this Pledge Agreement become seriously misleading or (ii) change the jurisdiction in which it is located to other than those specified in Section 3.1.

Appears in 1 contract

Sources: Pledge Agreement (Titan Corp)

Protect Collateral; Further Assurances, etc. Such Each Pledgor covenants and agrees and covenants that it will not sell, assign, 191 transfer, pledge, or encumber in any other manner the Collateral (except in favor of the Facility Administrative Agent hereunder). Such Each Pledgor will warrant and defend the right and title herein granted unto the Facility Administrative Agent in and to the Collateral (and all right, title, and interest represented by the Collateral) against the claims and demands of all Persons whomsoeverother Persons. Such Each Pledgor agrees that at any time, and from time to time, at the expense of such Pledgor, such Pledgor it will promptly execute and deliver all further instruments, and take all further action, that may be necessary or desirable, or that the Facility Administrative Agent may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable the Facility Administrative Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral. The Pledgor will not, without thirty (30) days’ prior written notice to the Administrative Agent, (i) change its name or structure so as to make any financing or other statement filed pursuant to this Pledge Agreement become seriously misleading or (ii) change the jurisdiction in which it is located to other than those specified in Section 3.1.

Appears in 1 contract

Sources: Pledge Agreement (Titan Corp)

Protect Collateral; Further Assurances, etc. Such The Pledgor agrees and covenants that it will not sell, assign, 191 transfer, pledge, or encumber in any other manner the Collateral (except in favor of the Facility Administrative Agent hereunder)) to the extent prohibited under the Credit Agreement. Such The Pledgor will warrant and defend the right and title herein granted unto the Facility Administrative Agent in and to the Collateral (and all right, title, and interest represented by the Collateral) against the claims and demands of all Persons whomsoever. Such The Pledgor agrees that at any time, and from time to time, at the expense of such the Pledgor, such the Pledgor will promptly execute and deliver all further instruments, and take all further action, that may be necessary or desirable, or that the Facility Administrative Agent may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable the Facility Administrative Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral.

Appears in 1 contract

Sources: Credit Agreement (United Surgical Partners International Inc)