Common use of Defects Waived Clause in Contracts

Defects Waived. This Agreement is effective notwithstanding any defect in the validity or enforceability of any instrument or document evidencing the Superior Debt.

Appears in 8 contracts

Samples: Subordination Agreement (Cti Industries Corp), Subordination Agreement (Cti Industries Corp), Debt Subordination Agreement (Sten Corp)

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Defects Waived. This Agreement is effective notwithstanding any defect in the validity or enforceability of any instrument or document at any time evidencing or securing the Superior whole or any part of the Senior Debt.

Appears in 6 contracts

Samples: Senior Secured Delayed Draw Term Loan Credit Agreement (New Fortress Energy LLC), Senior Secured Delayed Draw Term Loan Credit Agreement (NFE Financial Holdings LLC), Credit Agreement (Delek US Holdings, Inc.)

Defects Waived. This Agreement is effective notwithstanding any defect in the validity or enforceability of any instrument or document evidencing the Superior Senior Debt.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Origo Acquisition Corp), Intercreditor and Debt Subordination Agreement (Hightimes Holding Corp.), Stock Purchase Agreement (Hightimes Holding Corp.)

Defects Waived. This Agreement is effective notwithstanding -------------- any defect in the validity or enforceability of any instrument or document at any time evidencing or securing the Superior whole or any part of the Senior Debt.

Appears in 3 contracts

Samples: Subordination Agreement (Marriott Diversified American Hotels L P), Subordination Agreement (Marriott Diversified American Hotels L P), Subordination Agreement (Marriott Diversified American Hotels L P)

Defects Waived. This Agreement is effective notwithstanding any defect in the validity or enforceability of any instrument or document at any time evidencing or securing the whole or any part of the Superior Debt.

Appears in 3 contracts

Samples: Merger Agreement, Merger Agreement (PNA Group Holding CORP), Debt Subordination Agreement (Siouxland Ethanol, LLC)

Defects Waived. This Agreement is effective notwithstanding any defect in the validity or enforceability of any instrument or document evidencing document, including but not limited to the Superior DebtCredit Agreement or any of the Security Documents.

Appears in 2 contracts

Samples: Consolidated Subsidiary Guarantee Agreement (Oneida LTD), Consolidated Subsidiary Subordination Agreement (Oneida LTD)

Defects Waived. This Agreement AGREEMENT is effective notwithstanding any defect or voidability in the validity or enforceability of any instrument or document evidencing the Superior DebtSENIOR DEBT.

Appears in 1 contract

Samples: Subordination and Intercreditor Agreement (Gse Systems Inc)

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Defects Waived. This Agreement is effective notwithstanding any defect in the validity or enforceability of any instrument or document evidencing or securing the Superior Debt.

Appears in 1 contract

Samples: Debt Subordination Agreement (Universal Truckload Services, Inc.)

Defects Waived. This Agreement is effective notwithstanding any defect in the validity or enforceability of any instrument or document at any time evidencing or securing the whole or any part of the Superior Debt. 21.

Appears in 1 contract

Samples: Debt Subordination Agreement

Defects Waived. This Agreement is effective notwithstanding any defect or voidability in the validity or enforceability of any instrument or document evidencing the Superior NEIPF Debt or the SVB Debt.

Appears in 1 contract

Samples: Subordination and Intercreditor Agreement (Vertical Communications, Inc.)

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