Common use of Challenge to Agreements Clause in Contracts

Challenge to Agreements. If Borrower or any Guarantor shall challenge the validity and binding effect of any provision of any of the Loan Documents or shall state its intention to make such a challenge of any of the Loan Documents or any of the Security Documents shall for any reason (except to the extent permitted by its express terms) cease to be perfected or lose the priority of the Lien granted thereunder or cease to be effective.

Challenge to Agreements. If The Borrower or any Guarantor shall challenge the validity and binding effect of any provision of any of the Loan Financing Documents or shall state its intention to make such a challenge of any of the Loan Financing Documents or any of the Security Financing Documents shall for any reason (except to the extent permitted by its express terms) cease to be perfected or lose the priority of the Lien granted thereunder or cease to be effective.

Challenge to Agreements. If Borrower or any Guarantor shall challenge the validity and binding effect of any provision of any of the Loan Documents or shall state its intention to make such a challenge of any of the Loan Documents or any of the Security Loan Documents shall for any reason (except to the extent permitted by its express terms) cease to be perfected or lose the priority of the Lien granted thereunder or cease to be effective.