Common use of Litigation; Enforceability Clause in Contracts

Litigation; Enforceability. The Borrower shall disavow, revoke or terminate (or attempt to terminate) any Loan Document to which it is a party or shall otherwise challenge or contest in any action, suit or proceeding in any court or before any Governmental Authority the validity or enforceability of any Loan Document or any other Loan Document shall cease to be in full force and effect (except as a result of the express terms thereof).

Appears in 2 contracts

Samples: Credit Agreement (Technology Investment Capital Corp), Credit Agreement (Technology Investment Capital Corp)

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Litigation; Enforceability. The Borrower shall disavow, revoke or terminate (or attempt to terminate) any Loan Document to which it is a party or shall otherwise challenge or contest in any action, suit or proceeding in any court or before any Governmental Authority the validity or enforceability of any Loan Document this Agreement, the Term Note or any other Loan Document shall cease to be in full force and effect (except as a result of the express terms thereof)or this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Car Tech, LLC)

Litigation; Enforceability. The Borrower shall disavow, revoke or terminate (or attempt to terminate) any Loan Document to which it is a party or shall otherwise challenge or contest in any action, suit or proceeding in any court or before any Governmental Authority the validity or enforceability of any Loan Document Document, or any other Loan Document shall cease to be in full force and effect (except as a result of the express terms thereof).

Appears in 1 contract

Samples: Control Agreement (RMR Asia Pacific Real Estate Fund)

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Litigation; Enforceability. The Borrower or any other Obligor shall disavow, revoke or terminate (or attempt to disavow, revoke or terminate) any Loan Document to which it is a party or shall otherwise challenge or contest in any action, suit or proceeding in any court or before any Governmental Authority the validity or enforceability of this Agreement, any Note or any other Loan Document Document, or this Agreement, any Note, the Guaranty or any other Loan Document shall cease to be in full force and effect (except as a result of the express terms thereof).

Appears in 1 contract

Samples: And Term Loan Agreement (Columbia Property Trust, Inc.)

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