Common use of Invalidity of Obligations Clause in Contracts

Invalidity of Obligations. The invalidity, illegality or unenforceability of all or any part of the Obligations, or any document or agreement executed in connection with the Obligations, for any reason whatsoever, including the fact that the Obligations, or any part thereof, exceed the amount permitted by law, the act of creating the Obligations or any part thereof is ultra xxxxx, the officers or representatives executing the documents or otherwise creating the Obligations acted in excess of their authority, the Obligations violate applicable usury laws, the Borrower or any other Loan Party has valid defenses, claims or offsets (whether at law, in equity or by agreement) which render the Obligations wholly or partially uncollectible from the Borrower or any other Loan Party, the creation, performance or repayment of the Obligations (or the execution, delivery and performance of any document or instrument representing part of the Obligations or executed in connection with the Obligations, or given to secure the repayment of the Obligations) is illegal, uncollectible, legally impossible or unenforceable, or this Agreement or other documents or instruments pertaining to the Obligations have been forged or otherwise are irregular or not genuine or authentic;

Invalidity of Obligations. The invalidity, deficiency, illegality or unenforceability of all or any part of the Guaranteed Obligations, or any document or agreement executed in connection with the Guaranteed Obligations, for any reason whatsoever, including including, without limitation, the fact that the Guaranteed Obligations, or any part thereof, exceed exceeds the amount permitted by law, the act of creating the Guaranteed Obligations or any part party thereof is ultra xxxxx, the officers or representatives executing the documents or otherwise creating the Guaranteed Obligations acted in excess of their authority, the Guaranteed Obligations violate violates applicable usury laws, the Borrower or any other Loan Party has valid defenses, claims claims, or offsets (whether at law, in equity equity, or by agreement) which render the Guaranteed Obligations wholly or partially uncollectible from the Borrower or any other Loan PartyBorrower, the creation, performance or repayment of the Guaranteed Obligations (or the execution, delivery and performance of any document or instrument representing part of the Obligations Guaranteed Obligations, or executed in connection with the Obligations, or given to secure the repayment of the Guaranteed Obligations) is illegal, uncollectible, legally impossible impossible, or unenforceable, or this Agreement the Note, the Security Documents or other documents or instruments pertaining to the Guaranteed Obligations have been forged or otherwise are irregular or not genuine or authentic;

Invalidity of Obligations. The invalidity, illegality or unenforceability of all or any part of the Obligations, the Notes or any document or agreement executed in connection with the Obligations, for any reason whatsoever, including without limitation the fact that (a) the Obligations, or any part thereof, exceed exceeds the amount permitted by law, (b) the act of creating the Obligations or any part thereof is ultra xxxxxvirex, (x) the officers or representatives executing the documents or otherwise creating the Obligations acted in excess of their authority, (d) the Obligations violate applicable usury laws, the (e) Borrower or any other Loan Party has valid defenses, claims or offsets (whether at law, in equity or by agreement) which render the Obligations wholly or partially uncollectible from the Borrower or any other Loan PartyBorrower, (f) the creation, performance or repayment of the Obligations (or the execution, delivery and performance of any document or instrument representing part of the Obligations or executed in connection with the Obligations, or given to secure the repayment of the Obligations) is illegal, uncollectible, legally impossible uncollectible or unenforceable, or this Agreement or other (g) the documents or instruments pertaining to the Obligations have been forged or otherwise are irregular or not genuine or authentic;

Invalidity of Obligations. The invalidity, illegality or unenforceability of all or any part of the Obligations, or any document or agreement executed in connection with the Obligations, for any reason whatsoever, including without limitation the fact that (a) the Obligations, or any part thereof, exceed exceeds the amount permitted by law, (b) the act of creating the Obligations or any part thereof is ultra xxxxx, (c) the officers or representatives executing the documents or otherwise creating the Obligations acted in excess of their authority, (d) the Obligations violate applicable usury laws, the (e) Borrower or any other Loan Party has valid defenses, claims or offsets (whether at law, in equity or by agreement) which render the Obligations wholly or partially uncollectible from the Borrower or any other Loan PartyBorrower, (f) the creation, performance or repayment of the Obligations (or the execution, delivery and performance of any document or instrument representing part of the Obligations or executed in connection with the Obligations, or given to secure the repayment of the Obligations) is illegal, uncollectible, legally impossible uncollectible or unenforceable, or this Agreement or other (g) the documents or instruments pertaining to the Obligations have been forged or otherwise are irregular or not genuine or authentic;

Invalidity of Obligations. The invalidity, illegality or unenforceability of all or any part of the Obligations, any Transaction Document or any other document or agreement executed in connection with the Obligations, for any reason whatsoever, including including, without limitation, the fact that the Obligations, or any part thereof, exceed the amount permitted by law, the act of creating the Obligations or any part thereof is ultra xxxxx, the officers or representatives executing the documents or otherwise creating the Obligations acted in excess of their authority, the Obligations violate applicable usury laws, the Borrower or any other Loan Party Counterparty has valid defenses, claims or offsets (whether at law, in equity or by agreement) which render the Obligations wholly or partially uncollectible from the Borrower or any other Loan PartyCounterparty, the creation, performance or repayment of the Obligations (or the execution, delivery and performance of any Transaction Document or any other document or instrument representing part of the Obligations or executed in connection with the Obligations, or given to secure the repayment payment of the Obligations) is illegal, uncollectible, legally impossible or unenforceable, or this Agreement or other documents or instruments pertaining to the Obligations have been forged or otherwise are irregular or not genuine or authentic;