Common use of NULLITY OF LOAN DOCUMENTS Clause in Contracts

NULLITY OF LOAN DOCUMENTS. Any Loan Document shall, at any time after its execution and delivery and for any reason, cease to be in full force and effect, or be declared to be null and void, or the validity or enforceability thereof shall be contested by any Loan Party, or any Loan Party shall deny that it has any or any further liability or obligations under any Loan Document to which it is a party, or the Pledge Agreement or any Pledge Agreement Supplement shall for any reason not grant the Administrative Agent a first priority Lien on any material portion of the Collateral purported to be subject thereto; or

NULLITY OF LOAN DOCUMENTS. Any Loan Document shall, at any time after its execution and delivery and for any reason, cease to be in full force and effect, effect or be declared to be null and void, or the validity or enforceability thereof shall be contested by the Parent or any Loan PartyAffiliate thereof, or the Parent or any Loan Party Subsidiary thereof shall deny that it has any or any further liability or obligations under any Loan Document to which it is a party, or the Pledge Agreement or any Pledge Agreement Supplement shall for any reason not grant the Administrative Agent a first priority Lien on any material portion of the Collateral collateral purported to be subject thereto; or

NULLITY OF LOAN DOCUMENTS. Any Loan Document shall, at any time after its execution and delivery and for any reason, cease to be in full force and effect, effect or be declared to be null and void, or the validity or enforceability thereof shall be contested by the Borrower or any Loan PartyAffiliate thereof, or the Borrower or any Loan Party Subsidiary thereof shall deny that it has any or any further liability or obligations under any Loan Document to which it is a party, or the Pledge Agreement or any Pledge Agreement Supplement shall for any reason not grant the Administrative Agent a first priority Lien on any material portion of the Collateral purported to be subject thereto; or

NULLITY OF LOAN DOCUMENTS. Any Loan Document shall, at any time after its execution and delivery and for any reason, cease to be in full force and effect, effect or be declared to be null and void, or the validity or enforceability thereof shall be contested by any Loan PartyBorrower or any Affiliate thereof, or any Loan Party Borrower shall deny that it has any or any further liability or obligations under any Loan Document to which it is a party, or the Pledge Agreement or any Pledge Agreement Supplement shall for any reason not grant the Administrative Agent a first priority Lien on any material portion of the Collateral purported to be subject thereto; or