Common use of Enforceability of Loan Documents Clause in Contracts

Enforceability of Loan Documents. This Agreement or any of the other Loan Documents shall, at any time after their respective execution and delivery, and for any reason, cease to be in full force and effect or shall be declared null and void, or be revoked or terminated, or the validity or enforceability thereof or hereof shall be contested by the Borrower or any stockholder of the Borrower, or the Borrower shall deny that it has any or further liability or obligation thereunder or hereunder, as the case may be.

Appears in 5 contracts

Samples: Credit Agreement, Credit Agreement (QC Holdings, Inc.), Credit Agreement (QC Holdings, Inc.)

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Enforceability of Loan Documents. This Agreement or any of the other Loan Documents shall, at any time after their respective execution and delivery, and for any reason, cease to be in full force and effect or shall be declared null and void, or be revoked or terminated, or the validity or enforceability thereof or hereof shall be contested by the Borrower any Loan Party, any or any stockholder of the BorrowerCompany, or the Borrower shall deny that it has any or further liability or obligation thereunder or hereunder, as the case may be.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Ag-Chem Equipment Co Inc), Revolving Credit Agreement (Ag-Chem Equipment Co Inc), Short Term Revolving Credit Agreement (Ag-Chem Equipment Co Inc)

Enforceability of Loan Documents. This Agreement or any of the other Loan Documents shall, at any time after their respective execution and delivery, and for any reason, cease to be in full force and effect or shall be declared null and void, or be revoked or terminated, or the validity or enforceability thereof or hereof shall be contested by the Borrower any Loan Party, or any stockholder of the Borrowerany Loan Party, or the Borrower any Loan Party shall deny that it has any or further liability or obligation thereunder or hereunder, as the case may be.

Appears in 1 contract

Samples: Revolving Credit and Loan Agreement (Secom General Corp)

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Enforceability of Loan Documents. This Agreement or any of the other Loan Documents shall, at any time after their respective execution and delivery, and for any reason, cease to be in full force and effect or shall be declared null and void, or be revoked or terminated, or the validity or enforceability thereof or hereof shall be contested by any Borrower, the Borrower Guarantor, or any stockholder of the any Borrower, or any Borrower or the Borrower Guarantor shall deny that it has any or further liability or obligation thereunder or hereunder, as the case may be.

Appears in 1 contract

Samples: Revolving Credit and Loan Agreement (Medar Inc)

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