Enforceability; Priority. Any of the Loan Documents shall for any reason without Mortgagee’s specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than Mortgagee; or the liens, mortgages or security interests of Mortgagee in any of the Property become unenforceable in whole or in part, or cease to be of the priority herein required, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor or any person obligated to pay any part of the Secured Indebtedness.
Appears in 9 contracts
Samples: Loan Agreement and Secured Promissory Note (Cellteck Inc.), Security Agreement (Cellteck Inc.), Assignment, Security Agreement and Fixture Filing (Cellteck Inc.)
Enforceability; Priority. Any of the NL Loan Documents shall for any reason without Mortgagee’s 's specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than Mortgagee; or the liens, mortgages or security interests of Mortgagee in any of the Property become unenforceable in whole or in part, or cease to be of the priority herein required, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor or any person obligated to pay any part of the Secured Indebtedness.
Appears in 2 contracts
Samples: Assignment, Security Agreement and Fixture Filing (Compx International Inc), Assignment, Security Agreement and Fixture Filing (Nl Industries Inc)
Enforceability; Priority. Any of the Loan Documents Document shall for any reason without Mortgagee’s specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than Mortgagee; or the liens, mortgages or security interests of Mortgagee in any of the Property become unenforceable in whole or in part, or cease to be of the priority herein required, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor or any person obligated to pay any part of the Secured Indebtedness.
Appears in 2 contracts
Samples: Rents and Security Agreement (Acadia Realty Trust), Loan Agreement (Acadia Realty Trust)
Enforceability; Priority. Any of the Loan Documents Credit Document shall for ------------------------ any reason without Mortgagee’s Lenders' specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than MortgageeLenders; or the liens, mortgages interests, security agreements or security interests of Mortgagee Lenders in any of the Property Collateral become unenforceable in whole or in part, or cease to be of the priority herein required, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor Borrower or any person obligated to pay any part of the Secured Indebtednesssecured indebtedness.
Appears in 1 contract
Samples: Revolving Credit Agreement (Wells Real Estate Investment Trust Inc)
Enforceability; Priority. Any of the Loan Documents Document shall for any reason ------------------------ without Mortgagee’s 's specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than Mortgagee; or the liens, interests, mortgages or security interests of Mortgagee in any of the Property become unenforceable in whole or in part, or cease to be of the priority herein required, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor or any person obligated to pay any part of the Secured Indebtednesssecured indebtedness.
Appears in 1 contract
Samples: Assignment and Security Agreement (Wells Real Estate Investment Trust Inc)
Enforceability; Priority. Any of the Loan Documents Document shall for any reason without Mortgagee’s 's specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than Mortgagee; or the liens, mortgages or security interests of Mortgagee in any of the Property become unenforceable in whole or in part, or cease to be of the priority herein required, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor or any person obligated to pay any part of the Secured Indebtedness.
Appears in 1 contract
Enforceability; Priority. Any of the Loan Documents Credit Document shall for any reason without Mortgagee’s specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than Mortgagee; or the liens, mortgages or security interests of Mortgagee in any of the Mortgaged Property become unenforceable in whole or in part, or cease to be of the priority herein required, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor or any person obligated to pay any part of the Secured IndebtednessObligations.
Appears in 1 contract
Samples: Green Plains Renewable Energy, Inc.
Enforceability; Priority. Any of the Loan Documents Paper shall for any reason without Mortgagee’s Administrative Lender's specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than MortgageeAdministrative Lender; or the liens, mortgages or security interests of Mortgagee Administrative Lender in any of the Mortgaged Property become unenforceable in whole or in part, or cease to be of the priority herein required, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor Grantor or any person obligated to pay any part of the Secured Indebtedness.
Appears in 1 contract
Samples: Credit Agreement (Lubys Inc)
Enforceability; Priority. Any of the Loan Documents Document shall for any reason ------------------------ without Mortgagee’s 's specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than Mortgagee; or the liens, interests, mortgages or security interests of Mortgagee in any of the Property become unenforceable in whole or in part, or cease to be of the priority herein required, ; or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor or any person obligated to pay any part of the Secured Indebtednesssecured indebtedness.
Appears in 1 contract
Samples: Security Agreement (Wells Real Estate Investment Trust Inc)
Enforceability; Priority. Any of the Loan Documents Document shall for any reason without Mortgagee’s Xxxxxx's specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than MortgageeHolder; or the liens, mortgages or security interests of Mortgagee Holder in any of the Mortgaged Property become unenforceable in whole or in part, or cease to be of the priority herein required, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor Grantor or any person obligated to pay any part of the Secured Indebtednesssecured indebtedness.
Appears in 1 contract
Samples: Security Agreement and Financing Statement (Apartment Investment & Management Co)
Enforceability; Priority. Any of the Loan Documents Document shall for any reason without Mortgagee’s Agent's specific written consent cease to be in full force and effect, or shall be declared null and void or unenforceable in whole or in part, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by any party thereto other than MortgageeAgent; or the liens, mortgages or security interests of Mortgagee Agent or any other Holder in any of the Mortgaged Property become unenforceable in whole or in part, or cease to be of the priority herein required, or the validity or enforceability thereof, in whole or in part, shall be challenged or denied by Mortgagor Grantor or any person obligated to pay any part of the Secured Indebtednesssecured indebtedness.
Appears in 1 contract
Samples: Packaged Ice Inc