Loan Documents in Effect Clause Samples
The 'Loan Documents in Effect' clause establishes that all loan-related agreements and documents remain valid and enforceable throughout the term of the loan. This means that the borrower and lender are both bound by the terms set out in these documents, and any amendments or waivers must be formally agreed upon to be effective. By confirming the continued validity of the loan documents, this clause ensures legal certainty and prevents disputes over whether the obligations and rights under the loan agreement are still applicable.
Loan Documents in Effect. All terms and conditions of the Loan Documents, and the liens and security interests granted thereby, shall remain in full force and effect after the consummation of the transactions contemplated herein, except as modified herein.
Loan Documents in Effect. ▇▇▇▇ hereby expressly acknowledges and agrees that (i) the Loan Documents are in full force and effect, (ii) ▇▇▇▇ has no claims, set offs or counterclaims against RACER relating to or arising out of the Loan or Loan Documents, (iii) ▇▇▇▇ has no defenses, offsets or reductions against its obligation to pay the entire amount of the Indebtedness, (iv) this Agreement does not constitute a Loan Document, and (v) any default hereunder shall be deemed a breach or default under the Loan Documents and in addition to RACER’ s rights and remedies under this Agreement, at law or in equity, Lender shall be entitled to pursue all of its rights and remedies under the Loan Documents by reason of such default.
Loan Documents in Effect. All of the Loan Documents are and shall have remained in full force and effect;
Loan Documents in Effect. Helios shall ensure that each Loan Document is in full force and effect at the time of such Advance, duly executed by all relevant parties.