Invalidity of Credit Documents. Any material provision of any Credit Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or thereunder (including as a result of a transaction permitted under Section 7.04 or 7.05 or as a result of acts or omissions by the Administrative Agent or any Lender hereunder) or the satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party contests in writing the validity or enforceability of any provision of any Credit Document; or any Loan Party denies in writing that it has any or further liability or obligation under any Credit Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments), or purports in writing to revoke or rescind any Credit Document;
Appears in 8 contracts
Samples: Credit Agreement (Iqvia Holdings Inc.), Credit Agreement (Iqvia Holdings Inc.), Credit Agreement (Iqvia Holdings Inc.)
Invalidity of Credit Documents. Any material provision of any Credit Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or thereunder (including as a result of a transaction permitted under Section 7.04 6.4 or 7.05 6.5) or as a result of acts or omissions by the Administrative Agent or any Lender hereunder) or the satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Credit Party contests in writing the validity or enforceability of any provision of any Credit Document; or any Loan Credit Party denies in writing that it has any or further liability or obligation under any Credit Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate all Commitments), or purports in writing to revoke or rescind any Credit Document;; or
Appears in 5 contracts
Samples: Credit and Guaranty Agreement (Education Management Corporation), Credit and Guaranty Agreement (Education Management Corporation), Credit and Guaranty Agreement (AID Restaurant, Inc.)
Invalidity of Credit Documents. Any material provision of any Credit Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or thereunder (including as a result of a transaction permitted under Section 7.04 or 7.05 or as a result of acts or omissions by the Administrative Agent or Collateral Agent or any Lender hereunder) or the satisfaction in full of all the ObligationsFull Payment, ceases to be in full force and effect; or any Loan Credit Party contests in writing the validity or enforceability of any material provision of any Credit DocumentDocument or the validity or priority of a Lien as required by the Security Documents on a material portion of the Collateral; or any Loan Credit Party denies in writing that it has any or further liability or obligation under any Credit Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate CommitmentsFull Payment), or purports in writing to revoke or rescind any Credit Document;Document (other than in accordance with its terms); or
Appears in 1 contract
Samples: Joinder Agreement (MRC Global Inc.)
Invalidity of Credit Documents. Any material provision of any Credit Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or thereunder (including as a result of a transaction permitted under Section 7.04 or 7.05 6.3) or as a result of acts or omissions by the Administrative Agent or any Lender hereunder) or the satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Credit Party contests in writing the validity or enforceability of any provision of any Credit Document; or any Loan Credit Party denies in writing that it has any or further liability or obligation under any Credit Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate all Commitments), or purports in writing to revoke or rescind any Credit Document;; or
Appears in 1 contract
Samples: Letter of Credit Facility Agreement (Education Management Corporation)
Invalidity of Credit Documents. Any material provision of any Credit Document, at any time after its execution and delivery and for any reason (other than as expressly permitted hereunder or thereunder (including as a result of a transaction permitted under Section 7.04 or 7.05 6.3) or as a result of acts or omissions by the Administrative Agent or any Lender hereunder) or the satisfaction in full of all the Obligations), ceases to be in full force and effect; or any Loan Credit Party contests in writing the validity or enforceability of any provision of any Credit Document; or any Loan Credit Party denies or disaffirms in writing that it has any or further liability or obligation under any Credit Document (other than as a result of repayment in full in cash of the Obligations and termination of the Aggregate all Commitments), or purports in writing to revoke or rescind any Credit Document;; or
Appears in 1 contract
Samples: Letter of Credit Facility Agreement (Education Management Corporation)