Common use of Challenge to Agreement Clause in Contracts

Challenge to Agreement. Any Obligor, or any of their respective Affiliates, shall challenge or contest in any action, suit or proceeding the validity or enforceability of any of the Loan Documents, the legality or enforceability of any of the Obligations or the perfection or priority of any Lien granted to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Rhodes Inc)

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Challenge to Agreement. Any ObligorThe Obligors, or any Subsidiary of their respective Affiliatesthe Obligors, or any Affiliate of any of them, shall challenge or contest in any action, suit suit, or proceeding the validity or enforceability of this Agreement, any of the other Loan Documents, the Subordinated Debt Documents, the Seller Note Documents, the legality or enforceability of any of the Obligations or the perfection or priority of any Lien granted to AgentCollateral Agent for the benefit of the Lender Group.

Appears in 1 contract

Samples: Loan and Security Agreement (Questron Technology Inc)

Challenge to Agreement. Any ObligorBorrower or any of its Subsidiaries, or any Affiliate of their respective Affiliatesany of them, shall challenge or contest in any action, suit or proceeding the validity or enforceability of this Agreement, or any of the other Loan Documents, the legality or enforceability of any of the Obligations or the perfection or priority of any Lien granted to Agent, for the ratable benefit of Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Gentiva Health Services Inc)

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Challenge to Agreement. Any Obligor, Borrower or any of their respective Affiliates, Affiliate shall challenge or contest in any action, suit or proceeding the validity or enforceability of this Agreement, or any of the other Loan Documents, the legality or enforceability of any of the Obligations or the perfection or priority of any Lien granted to AgentLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Denali Inc)

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