Common use of Invalidity of Loan Documents Clause in Contracts

Invalidity of Loan Documents. Any material provision of any Loan 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 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 Loan Document or any Lien on any material portion of the Collateral created thereby; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan 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 Loan Document; or

Appears in 7 contracts

Samples: Security Agreement (Bloomin' Brands, Inc.), Credit Agreement (Bloomin' Brands, Inc.), Agreement and Security Agreement (Bloomin' Brands, Inc.)

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Invalidity of Loan Documents. Any material provision of any Loan Document, at any time after its execution and delivery and for any reason (other than as expressly permitted hereunder or thereunder (thereunder, including as a result of a transaction permitted under Section 7.04 6.04 or 7.05Section 6.07) or as a result of acts or omissions by the Administrative Agent or any Lender 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 Loan Document or any Lien on created under any material portion of the Collateral created therebyLoan Document; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate CommitmentsObligations), or purports in writing to revoke or rescind any Loan Document; or

Appears in 6 contracts

Samples: Credit Agreement (Sally Beauty Holdings, Inc.), Abl Credit Agreement (Mattress Firm Group Inc.), Credit Agreement (Mattress Firm Group Inc.)

Invalidity of Loan Documents. Any material provision of any the Loan DocumentDocuments, at any time after its their 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 or the satisfaction in full of all the ObligationsObligations (other than other than contingent 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 Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate CommitmentsObligations), or purports in writing to revoke or rescind any Loan Document; or

Appears in 6 contracts

Samples: Credit Agreement (Yellow Corp), Term Loan Credit Agreement (YRC Worldwide Inc.), Tranche B Term Loan Credit Agreement (YRC Worldwide Inc.)

Invalidity of Loan Documents. (i) Any material provision of any Loan DocumentDocument (including any Collateral Documents), 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 or the satisfaction in full of all the ObligationsObligations (other than Obligations for indemnification, expense reimbursement, tax gross-up or yield protection for which no claim has been made), ceases to be in full force and effect; or (ii) any Loan Party contests in writing any manner the validity or enforceability of any provision of any Loan Document or (including any Lien on any material portion of the Collateral created therebyDocuments); or (iii) any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan DocumentDocument (including any Collateral Documents); or

Appears in 4 contracts

Samples: Credit Agreement (SS&C Technologies Holdings Inc), Credit Agreement (SS&C Technologies Holdings Inc), Credit Agreement (SS&C Technologies Holdings Inc)

Invalidity of Loan Documents. Any material provision of any Loan 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) 7.05 or as a result of acts or omissions by the Administrative an Agent or any Lender hereunder) or prior to the satisfaction in full of all the ObligationsObligations (other than any contingent obligations not then due), ceases to be in full force and effect; or any Loan Party contests in writing the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments(other than any contingent obligations not then due)), or purports in writing to revoke or rescind any Loan Document; or

Appears in 4 contracts

Samples: Credit Agreement (ATD Corp), Credit Agreement (American Tire Distributors Holdings, Inc.), Credit Agreement (ATD Corp)

Invalidity of Loan Documents. Any material provision of any Loan 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 thereunder, in accordance with its terms or 7.05) or as a result of acts or omissions by the Administrative Agent or any Lender or the satisfaction in full of all the ObligationsObligations (other than any contingent obligation that is not due and payable), ceases to be in full force and effecteffect with respect to any Loan Party party thereto (other than in accordance with its terms); or any Loan Party (or any other Person acting on behalf thereof) contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyto which it is a party; or any Loan Party denies in writing that it has any or further liability or obligation under under, or purports to revoke, terminate or rescind, any Loan 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 Loan Document; oraccordance with its terms.

Appears in 3 contracts

Samples: Credit Agreement (Brady Corp), Credit Agreement (Brady Corp), Credit Agreement (Brady Corp)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all Obligations arising under the ObligationsLoan Documents or termination of the Aggregate Commitments), ceases to be in full force and effect; or any Loan Party contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any provision of any Loan 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 revoke, terminate or rescind any provision of any Loan Document; or it is or becomes unlawful for a Loan Party to perform any of its material obligations under the Loan Documents; or

Appears in 3 contracts

Samples: Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp)

Invalidity of Loan Documents. Any material provision of any the Loan DocumentDocuments, taken as a whole, 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, the Collateral Agent or any Lender or the satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party the Borrower contests in writing the validity or enforceability of any provision of any the Loan Document or any Lien on any material portion of the Collateral created therebyDocuments, taken as a whole; or any Loan Party denies in writing that it has any or further liability or obligation under any the Loan Document Documents, taken as a whole (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 the Loan DocumentDocuments, taken as a whole; or

Appears in 3 contracts

Samples: Superpriority Credit Agreement (Casa Systems Inc), Security Agreement (Casa Systems Inc), Security Agreement (M/a-Com Technology Solutions Holdings, Inc.)

Invalidity of Loan Documents. Any material provision of any Loan Document, 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 9.4 or 7.059.5) or as a result of acts or omissions by the Administrative Agent or any Lender or the satisfaction in full of all the ObligationsObligations (or, to the extent not satisfied, arrangements satisfactory to the applicable Secured Party have been made in accordance with Section 11.11(a)), ceases to be in full force and effect; or any Loan Party contests in writing the validity or enforceability of any provision of any the Loan Document or any Lien on any material portion of the Collateral created therebyDocuments, taken as a whole; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan 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 Loan Document; or

Appears in 3 contracts

Samples: Credit Agreement (BJ's Wholesale Club Holdings, Inc.), Credit Agreement (BJ's Wholesale Club Holdings, Inc.), Credit Agreement (BJ's Wholesale Club Holdings, Inc.)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the Obligations (other than (i) contingent indemnification obligations, (ii) obligations and liabilities under Secured Cash Management Agreements and Secured Hedge Agreements and, (iii) to the extent Cash Collateralized, L/C Obligations, ) ceases to be in full force and effect; or any Loan Party contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revokes, terminates or rescind rescinds any provision of any Loan Document; or;

Appears in 3 contracts

Samples: Credit Agreement (Monster Worldwide, Inc.), Credit Agreement (Monster Worldwide, Inc.), Amended and Restated Credit Agreement (Monster Worldwide Inc)

Invalidity of Loan Documents. Any material provision of any the Loan DocumentDocuments, at any time after its their 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 or the satisfaction in full of all the ObligationsObligations (other than other than contingent 4830-5366-9817v1 131 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 Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate CommitmentsObligations), or purports in writing to revoke or rescind any Loan Document; or

Appears in 2 contracts

Samples: Credit Agreement (YRC Worldwide Inc.), Credit Agreement (YRC Worldwide Inc.)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the ObligationsObligations (other than contingent indemnification obligations that survive the termination of this Agreement, Obligations under Treasury Management Agreements and Swap Contracts and L/C Obligations that have been Cash Collateralized), ceases to be in full force and effect; or any Loan Party contests in writing or any other Person shall have commenced a proceeding contesting the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan Document; or

Appears in 2 contracts

Samples: Credit Agreement (Pra Group Inc), Credit Agreement (Pra Group Inc)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the ObligationsObligations (other than contingent indemnification obligations that survive the termination of this Agreement, Obligations under Treasury Management Agreements and Swap Contracts and L/C Obligations that have been Cash Collateralized), ceases to be in full force and effect; or any Loan Party contests in writing or any other Person shall have commenced a proceeding contesting the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan Document; or

Appears in 2 contracts

Samples: Credit Agreement (Pra Group Inc), Credit Agreement (Portfolio Recovery Associates Inc)

Invalidity of Loan Documents. Any material provision of any Loan Document, at any time after its execution and delivery and for any reason (other than as expressly permitted hereunder or thereunder (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 or the satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party or Manager or any other Person contests in writing the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party or Manager or any other Person party thereto (other than a Secured Party) denies in writing that it has any or further liability or obligation under any Loan 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 Loan Document; or

Appears in 2 contracts

Samples: Credit Agreement (Station Casinos LLC), Credit Agreement (Station Casinos LLC)

Invalidity of Loan Documents. Any material provision of any Loan Document, at any time after its execution and delivery and for any reason other than (i) as expressly permitted hereunder or thereunder thereunder, (including as a result ii) to the extent arising from the action or inaction of a transaction permitted under Section 7.04 or 7.05) or as a result of acts or omissions by the Administrative Agent that does not result from a breach by Holdings and its Subsidiaries under the Loan Documents or any Lender or the (iii) satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party or any other Person acting on behalf of a Loan Party contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any provision of any Loan Document; or

Appears in 2 contracts

Samples: Credit Agreement (Premier, Inc.), Credit Agreement (Premier, Inc.)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all Obligations arising under the ObligationsLoan Documents, ceases to be in full force and effecteffect or, as applicable, to create a valid and perfected first priority Lien (subject to Permitted Liens) on the Collateral other than as a result of the action or inaction of the Administrative Agent; or any Loan Party or any other Person contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any provision of any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any provision of any Loan Document; orand

Appears in 2 contracts

Samples: Credit Agreement (Charah Solutions, Inc.), Credit Agreement (Charah Solutions, Inc.)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the ObligationsObligations (other than indemnities and other similar contingent obligations surviving the termination of this Agreement for which no claim has been made and which are unknown and not calculable at the time of termination and those obligations under any Swap Contract), ceases to be in full force and effect; or any Loan Party or any other Person contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any provision of any Loan Document; or

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Towers Watson & Co.), Term Loan Credit Agreement (Towers Watson & Co.)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the Obligations, ceases to be in full force and effecteffect or ceases to give the Collateral Agent, for the benefit of the Lenders, a valid and perfected Lien in any material portion of the Collateral purported to be covered by the Loan Documents with the priority required by the relevant Loan Document; or any Loan Party or any other Affiliate of a Loan Party contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan Document; or

Appears in 2 contracts

Samples: Credit Agreement (AdaptHealth Corp.), Credit Agreement (AdaptHealth Corp.)

Invalidity of Loan Documents. Any material Loan Document or any provision of any Loan Documentthereof, 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 or the satisfaction in full of all the ObligationsObligations (other than contingent indemnification obligations that survive the termination of this Agreement and obligations arising under Cash Management Agreements that survive the termination of this Agreement) and the occurrence of the Facility Termination Date, ceases to be in full force and effect; or any Loan Party or any other Person contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyprovision thereof; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan DocumentDocument or any provision thereof; or

Appears in 2 contracts

Samples: Credit Agreement (Wageworks, Inc.), Credit Agreement (Wageworks, Inc.)

Invalidity of Loan Documents. Any material Loan Document or any provision of any Loan Documentthereof, 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 or the satisfaction in full of all of the Obligations (other than Unasserted Obligations) and other than as a result of an action or inaction by Administrative Agent or any Lender, ceases to be in full force and effecteffect in accordance with its terms; or any Loan Party or any other Person (other than a Lending Party) contests in any manner in writing the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyprovision thereof; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan DocumentDocument or any provision thereof; or

Appears in 2 contracts

Samples: Loan and Security Agreement (Live Oak Acquisition Corp), Loan and Security Agreement (Live Oak Acquisition Corp)

Invalidity of Loan Documents. Any material provision of any Loan 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 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 Loan Document or any Lien on any material portion of the Collateral created thereby; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations 133 95159948_7 and termination of the Aggregate Commitments), or purports in writing to revoke or rescind any Loan Document; or

Appears in 1 contract

Samples: Security Agreement (Bloomin' Brands, Inc.)

Invalidity of Loan Documents. Any material provision of any Loan 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 thereunder, or the satisfaction in full of all the ObligationsObligations in respect of the Facility (other than Contingent Obligations as to which no claim has been made), ceases to be in full force and effect; or any Loan Party or any Affiliate thereof that is the Equity Investor or a Subsidiary of the Equity Investor contests in writing any manner the validity or enforceability of any material provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any provision of any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any provision of any Loan Document; or

Appears in 1 contract

Samples: 364 Day Bridge Credit Agreement (Clearway Energy, Inc.)

Invalidity of Loan Documents. Any Loan Document or any material provision of any Loan Documentthereof, 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 or the satisfaction in full of all of the Obligations (other than Unasserted Obligations) and other than as a result of an action or inaction by an Agent or any Lender, ceases to be in full force and effecteffect other than in accordance with its terms; or any Loan Party or any other Person (other than a Lending Party) contests in any manner in writing the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyprovision thereof; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke limit, revoke, terminate or rescind any Loan DocumentDocument or any provision thereof; or

Appears in 1 contract

Samples: Loan Agreement (Orion Group Holdings Inc)

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Invalidity of Loan Documents. Any material provision of any Loan Document, at any time after its execution and delivery and for any reason other than (x) as expressly permitted hereunder or thereunder hereunder, (including y) solely as a direct result of a transaction permitted under Section 7.04 any action or 7.05) or as a result inaction of acts or omissions by the Administrative Agent or any Lender or (z) the satisfaction in full of all the ObligationsObligations (other than contingent and un-asserted claims for indemnification or expense reimbursement), ceases to be in full force and effect; or FSEP, any Loan Party contests or any Subsidiary of a Loan Party denies in writing the validity or enforceability of any provision of Loan Document to which it is a party; or FSEP, any Loan Document Party or any Lien on any material portion Subsidiary of the Collateral created thereby; or any a Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as to which it is a result of repayment in full of the Obligations and termination of the Aggregate Commitments)party, or purports in writing to revoke revoke, terminate or rescind any such Loan Document; or

Appears in 1 contract

Samples: Term Loan and Security Agreement (FS Energy & Power Fund)

Invalidity of Loan Documents. Any material provision of any Loan Document, at 131 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 7.01 or 7.057.06) or as a result of acts or omissions by the Administrative Agent or any Lender 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 Loan Document or any Lien on created under any material portion of the Collateral created therebyLoan Document; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan 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 Loan Document; or

Appears in 1 contract

Samples: Credit Agreement (Michaels Stores Inc)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the Obligations, ceases to be in full force and effecteffect or ceases to give the Administrative Agent any material part of the Liens purported to be created thereby (other than as a result of an action of the Administrative Agent or a failure of the Administrative Agent to take any action within its control); or any Loan Party or any other Person contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any provision of any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan Document; oror (k)

Appears in 1 contract

Samples: Credit Agreement (TrueBlue, Inc.)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the Obligations, ceases to be in full force and effecteffect or ceases to give the Collateral Agent, for the benefit of the Lenders, a valid and perfected Lien in any material portion of the Collateral purported to be covered by the Loan Documents with the priority required by the relevant Loan Document; or any Loan Party or any other Affiliate of a Loan Party contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan Document; oror 140

Appears in 1 contract

Samples: Credit Agreement (AdaptHealth Corp.)

Invalidity of Loan Documents. (i) Any material provision of any Loan DocumentDocument (including any Collateral Documents), 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 or the satisfaction in full of all the Obligations192 Obligations (other than Obligations for indemnification, expense reimbursement, tax gross-up or yield protection for which no claim has been made), ceases to be in full force and effect; or (ii) any Loan Party contests in writing any manner the validity or enforceability of any provision of any Loan Document or (including any Lien on any material portion of the Collateral created therebyDocuments); or (iii) any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan DocumentDocument (including any Collateral Documents); or

Appears in 1 contract

Samples: Credit Agreement (SS&C Technologies Holdings Inc)

Invalidity of Loan Documents. Any material provision of any Loan DocumentDocument (including, without limitation, any Guarantee provided in any Loan Guaranty), 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 7.057.04) or as a result of acts or omissions by the Administrative Agent or any Lender or the satisfaction in full of all the Loan 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 Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Loan Obligations and termination of the Aggregate New Money DIP Commitments), or purports in writing to revoke or rescind any Loan Document; or.

Appears in 1 contract

Samples: Credit Agreement (Libbey Inc)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the ObligationsObligations (except contingent indemnification Obligations a claim for which has not yet arisen), ceases to be in full force and effecteffect and such ineffectiveness would reasonably be expected to have a material adverse effect on the legality, validity or enforceability of such Loan Document; or any Loan Party contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any provision of any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any provision of any Loan Document; or

Appears in 1 contract

Samples: Credit Agreement (Koch Industries Inc)

Invalidity of Loan Documents. Any material Loan Document or any provision of any Loan Documentthereof, 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 or the satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party or any Affiliate thereof or holder of Subordinated Liabilities contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on provision thereof (which solely in the case of any material portion such contest by a holder of the Collateral created therebySubordinated Liabilities, could reasonably be expected to have a Material Adverse Effect); or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan DocumentDocument or any provision thereof; or

Appears in 1 contract

Samples: Credit Agreement (InfuSystem Holdings, Inc)

Invalidity of Loan Documents. Any material Loan Document or any provision of any Loan Documentthereof, 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 or the satisfaction in full of all of the Obligations (other than Unasserted Obligations) and other than as a result of an action or inaction by Administrative Agent or any Lender, ceases to be in full force and effecteffect other than in accordance with its terms; or any Loan Party or any other Person (other than a Lending Party) contests in any manner in writing the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyprovision thereof; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan DocumentDocument or any provision thereof; or

Appears in 1 contract

Samples: Loan and Security Agreement (Intercloud Systems, Inc.)

Invalidity of Loan Documents. Any material provision of any the Loan DocumentDocuments, at any time after its their 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 or the satisfaction in full of all the ObligationsObligations (other than other than contingent obligations), ceases to be in full force and effect; or any Loan 122 Party contests in writing the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate CommitmentsObligations), or purports in writing to revoke or rescind any Loan Document; or

Appears in 1 contract

Samples: Credit Agreement (Yellow Corp)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the Obligations, ceases to be in full force and effecteffect or ceases to give the Administrative Agent any material part of the Liens purported to be created thereby (other than as a result of an action of the Administrative Agent or a failure of the Administrative Agent to take any action within its control); or any Loan Party or any other Person contests in writing any manner the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any provision of any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan Document; or

Appears in 1 contract

Samples: Credit Agreement (TrueBlue, Inc.)

Invalidity of Loan Documents. Any material Loan Document or any provision of any Loan Documentthereof, 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 or the satisfaction in full of all of the Obligations (other than Unasserted Obligations) and other than as a result of an action or inaction by Lender, ceases to be in full force and effecteffect other than in accordance with its terms; or any Loan Party or any other Person (other than Lender) contests in any manner in writing the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyprovision thereof; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke revoke, terminate or rescind any Loan DocumentDocument or any provision thereof; or

Appears in 1 contract

Samples: Loan and Security Agreement (Attis Industries Inc.)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party or Manager or any other Person contests in writing the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party or Manager or any other Person party thereto (other than a Secured Party) denies in writing that it has any or further liability or obligation under any Loan 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 Loan Document; or

Appears in 1 contract

Samples: Credit Agreement (Station Casinos LLC)

Invalidity of Loan Documents. Any material Loan Document or any provision of any Loan Documentthereof, 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 or the satisfaction in full of all of the Obligations (other than Unasserted Obligations) and other than as a result of an action or inaction by an Agent or any Lender, ceases to be in full force and effecteffect other than in accordance with its terms; or any Loan Party or any other Person (other than a Lending Party) contests in any manner in writing the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyprovision thereof; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments)Document, or purports in writing to revoke limit, revoke, terminate or rescind any Loan DocumentDocument or any provision thereof; or

Appears in 1 contract

Samples: Loan and Security Agreement (Alliance Entertainment Holding Corp)

Invalidity of Loan Documents. Any material provision of any Loan 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 or the satisfaction in full of all the ObligationsObligations and termination of the Aggregate Commitments, ceases to be in full force and effect; or any Loan Party contests in writing the validity or enforceability of any provision of any Loan Document or any Lien on any material portion of the Collateral created therebyDocument; or any Loan Party denies in writing that it has any or further liability or obligation under any Loan 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 Loan Document; or

Appears in 1 contract

Samples: Credit Agreement (APP Pharmaceuticals, Inc.)

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