Collateral Documents, Etc. Any Collateral Document shall cease to be in full force and effect with respect to the Company, Parent or any Subsidiary (other than pursuant to its terms or as expressly permitted hereunder), or the Company, Parent or any Subsidiary (or any Person acting by, through or on behalf of the Company, Parent or any Subsidiary) shall contest in any manner the validity, binding nature or enforceability of any Collateral Document.
Collateral Documents, Etc. At any time after the execution and delivery thereof, (1) any Collateral Document ceases to be in full force and effect (other than by reason of a release of Collateral in accordance with the terms hereof or thereof or the satisfaction in full of the Obligations in accordance with the terms hereof) or shall be declared null and void, or the Collateral Agent shall not have or shall cease to have a valid and perfected Lien in any Collateral purported to be covered by the Collateral Documents with the priority required by the relevant Collateral Document, in each case for any reason other than the failure of the Collateral Agent or any other Secured Party to take any action within its control; or (2) any Credit Party shall contest the validity or enforceability of any Transaction Document in writing or deny in writing that it has any further liability, including with respect to future advances by Xxxxxxx, under any Transaction Document to which it is a party or shall contest the validity or perfection of any Lien in any Collateral purported to be covered by the Collateral Documents; or
Collateral Documents, Etc. Except as otherwise contemplated hereby or under any other Loan Documents, and except as enforceability may be limited by applicable bankruptcy, insolvency, or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability, regardless of whether considered in a proceedings in equity or at law, the provisions of the Collateral Documents, together with such filings and other actions required to be taken hereby or by the applicable Collateral Documents, are effective to create in favor of the Term Agent for the benefit of the Secured Parties a legal, valid, enforceable and perfected first-priority Lien (subject only to Permitted Liens and, as to priority, only to Permitted Liens under Section 5.1(d) or that have priority under applicable law) on all right, title and interest of the respective Borrowers in the Collateral described therein.
Collateral Documents, Etc. Any Collateral Document shall cease to be in full force and effect with respect to the Company or any Guarantor (other than as expressly permitted hereunder), the Company or any Guarantor shall fail to comply with or to perform any applicable provision of any Collateral Document, or the Company or any Guarantor (or any Person acting by, through or on behalf of the Company or any Guarantor) shall contest in any manner the validity, binding nature or enforceability of any Collateral Document.
Collateral Documents, Etc. Except as otherwise contemplated hereby or under any other Loan Documents, the provisions of the Collateral Documents, together with such filings and other actions required to be taken hereby or by the applicable Collateral Documents, are effective to create in favor of the Term Agent for the benefit of the Secured Parties a legal, valid, enforceable and perfected first priority Lien (subject to any Permitted Liens entitled to priority in accordance with applicable laws) on all right, title and interest of the respective Credit Parties in the Collateral described therein.
Collateral Documents, Etc. Delivery to Administrative Agent of the IP Collateral Documents, together with accurate and complete schedules thereto and any cover sheets or other documents or instruments required for filing with the United States Patent and Trademark Office (the "PTO") or any comparable Governmental Authority outside of the United States.
Collateral Documents, Etc. After the Collateralization Date, any Collateral Document shall cease to be in full force and effect with respect to the Company or any Guarantor (other than as expressly permitted hereunder), the Company or any Guarantor shall fail to comply with or to perform any applicable provision of any Collateral Document, or the Company or any Guarantor (or any Person acting by, through or on behalf of the Company or any Guarantor) shall contest in any manner the validity, binding nature or enforceability of any Collateral Document.
Collateral Documents, Etc. At any time after the Time of Merger, any Collateral Document shall cease to be in full force and effect with respect to the Company, DMFC or any other Loan Party (other than pursuant to its terms or as expressly permitted hereunder), or the Company, DMFC or any other Loan Party (or any Person acting by, through or on behalf of the Company, DMFC or any other Loan Party) shall contest in any manner the validity, binding nature or enforceability of any Collateral Document.
Collateral Documents, Etc. Any Collateral Document shall cease to be in full force and effect with respect to the Company or any Guarantor (other than as expressly permitted hereunder), the Company or any Guarantor shall fail (subject to any applicable grace period) to comply with or to perform any applicable provision of any Collateral Document, or the Company or any Guarantor (or any Person by, through or on behalf of the Company or any Guarantor) shall contest in any manner the validity, binding nature or enforceability of any Collateral Document.
Collateral Documents, Etc. Any Collateral Document shall cease to be in full force and effect with respect to any applicable Credit Party, any applicable Credit Party shall fail to comply with or to perform any applicable provision of any Collateral Document, or any applicable Credit Party (or any Person by, through or on behalf of any applicable Credit Party) shall contest in any manner the validity, binding nature or enforceability of any Collateral Document.
