Common use of Intercompany Documents Clause in Contracts

Intercompany Documents. The Intercompany Security Documents after delivery thereof pursuant to Section 4.01 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien on the Eligible Loans Receivables purported to be covered thereby or any Intercompany Secured Loan shall cease to be in full force or effect; or

Appears in 2 contracts

Samples: Credit Agreement (American General Finance Corp), Credit Agreement (American General Finance Inc)

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Intercompany Documents. The Intercompany Security Documents after delivery thereof pursuant to Section 4.01 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien on the Eligible Loans Receivables purported to be covered thereby or any Intercompany Secured Loan shall cease to be in full force or effect; or

Appears in 2 contracts

Samples: Credit Agreement (Springleaf Finance Corp), Credit Agreement (Springleaf Finance Inc)

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