Common use of Invalidity of Subordination Provisions, etc Clause in Contracts

Invalidity of Subordination Provisions, etc. Any provision of the Intercreditor Agreement or any subordination provision in any document or instrument governing Subordinated Debt, or any subordination provision in any guaranty by any Loan Party of any Subordinated Debt shall, in any such case, cease to be in full force and effect; or any Loan Party, any subordinating party or any governmental authority having jurisdiction over any of them or over the Administrative Agent and/or the Lenders shall contest in any judicial or administrative proceeding the validity, binding nature or enforceability of any such provision or agreement.

Invalidity of Subordination Provisions, etc. Any provision of the Intercreditor Agreement or any subordination provision in any document or instrument (including, for the avoidance of doubt, the Subordination Agreement) governing Subordinated Debt, any Debt of any Loan Party intended to be expressly subordinated to the Obligations or any subordination provision in any guaranty by any Loan Party Subsidiary of any Subordinated Debt shallsuch Debt, in any such case, shall cease to be in full force and effect; , or any Loan Party, any subordinating party Party or any governmental authority having jurisdiction over other Person (including the holder of any of them or over the Administrative Agent and/or the Lenders such applicable subordinated Debt) shall contest in any judicial or administrative proceeding manner the validity, binding nature or enforceability of any such provision or agreementprovision.

Invalidity of Subordination Provisions, etc. Any provision of the Intercreditor Agreement or any subordination provision in any document or instrument governing any Subordinated Debt, or any subordination provision in any guaranty by any Loan Party of any Subordinated Debt shall, in any such case, cease to be in full force and effect; or any Loan Party, any subordinating party or any governmental authority having jurisdiction over any of them or over the Administrative Agent and/or the Lenders shall contest in any judicial or administrative proceeding the validity, binding nature or enforceability of any such provision or agreement.

Invalidity of Subordination Provisions, etc. Any provision of the Intercreditor Agreement or any subordination provision in any document or instrument governing Subordinated Debt, or any subordination provision in any guaranty by any Loan Party the Borrower of any Subordinated Debt Debt, shall, in any such case, cease to be in full force and effect; , or the Borrower or any Loan Party, other Person (including the holder of any subordinating party applicable Subordinated Debt or any governmental authority having jurisdiction over any of them or over them, the Administrative Agent and/or the Lenders Lenders) shall contest in any judicial or administrative proceeding the validity, binding nature or enforceability of any such provision or agreement.