Loan Documentation. (i) Other than as a result of any action taken by a Lender Party, any Loan Document shall cease to be in full force and effect or shall be declared void by a Governmental Authority, or any party thereto (other than a Lender Party) shall claim such unenforceability or invalidity, or (ii) any security interest in the Collateral purported to be created by any Security Document shall cease to be, or shall be asserted in writing by a Loan Party or Holdings not to be, a valid and perfected security interest having the priority required by the Loan Documents in the securities, assets or properties covered thereby, except to the extent that any such loss of validity, perfection or priority (A) results from the failure of the Collateral Agent to maintain possession of certificates actually delivered to it representing securities pledged under the Security Documents, or (B) results from the failure of any Agent to take any action required to be taken by it pursuant to the terms of the Security Documents to secure the validity, perfection or priority of the security interests.
Appears in 6 contracts
Samples: Credit Agreement (REV Renewables, Inc.), Credit Agreement (REV Renewables, Inc.), Credit Agreement (REV Renewables, Inc.)
