Enforceability, etc. Any Loan Document shall cease for any reason (other than the scheduled termination thereof in accordance with its terms) to be enforceable in accordance with its terms or in full force and effect; or any party to any Loan Document shall so assert in a judicial or similar proceeding; or the security interests (if any) created by this Agreement or any other Loan Documents shall cease to be enforceable and of the same effect and priority purported to be created hereby.
Appears in 7 contracts
Samples: Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc)
Enforceability, etc. Any Loan Document shall cease for any reason (other than the scheduled termination thereof in accordance with its terms) to be enforceable in all material respects in accordance with its terms or in full force and effect; or any party (other than the Lender) to any Loan Document shall so assert in a judicial or similar proceeding; or the security interests (if any) created by this Agreement or any other Loan Documents shall cease to be enforceable with respect to any material portion of the collateral for this Loan and of the same effect and priority Priority purported to be created hereby.
Appears in 1 contract
