Common use of Invalidity of Intercreditor Agreement Clause in Contracts

Invalidity of Intercreditor Agreement. The Intercreditor Agreement ceases to be a legally valid, binding and enforceable obligation of the Company or any other Loan Party for any reason whatsoever (other than in accordance with the terms thereof), including a determination by any Governmental Authority or court to such effect.

Appears in 5 contracts

Samples: Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp)

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Invalidity of Intercreditor Agreement. The Any material provision of any Intercreditor Agreement ceases shall, in whole or in part, terminate, cease to be a effective or cease to be legally valid, binding and enforceable obligation of against the Company or any other Loan Party for any reason whatsoever (other than in accordance with the terms thereof), including a determination by any Governmental Authority or court to such effectSurety party thereto.

Appears in 4 contracts

Samples: Credit Agreement (Mastec Inc), Credit Agreement (Mastec Inc), Credit Agreement (Mastec Inc)

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