Termination of Loan Documents Sample Clauses

Termination of Loan Documents. If any of the Loan Documents shall cease to be in full force and effect (other than as a result of the discharge thereof in accordance with the terms thereof or by written agreement of all parties thereto);
AutoNDA by SimpleDocs
Termination of Loan Documents. The Mortgage Custodial Agreement, the Bond/PC Custodial Agreement, or any other Loan Document, shall for whatever reason be terminated or cease to be in full force and effect, or the enforceability thereof shall be contested by any party thereto; or
Termination of Loan Documents. As of the Termination Date, the Loan Documents are terminated in their entirety, and shall be of no further force or effect. As of the Termination Date, Lender releases, reconveys and otherwise terminates all liens encumbering the Collateral in favor of Lender (collectively the “Liens”). Lender agrees to execute such documentation as is reasonably requested by Borrower to evidence the termination of the Loan Documents and such release, reconveyance and/or termination of the Liens.
Termination of Loan Documents. This Agreement or any other Loan Document or any material term or provision hereof or thereof shall cease to be in full force and effect (except in accordance with the express terms of this Agreement or such other Loan Document), or the Borrower or any other Person shall, or shall purport to, terminate (except in accordance with the terms of this Agreement or such other Loan Document), repudiate, declare voidable or void or otherwise contest, this Agreement or such other Loan Document or term or provision hereof or thereof or any obligation or liability of the Borrower or such other Person hereunder or thereunder, as the case may be.
Termination of Loan Documents. This Agreement and the other Loan Documents shall terminate upon the Facility Termination Date.
Termination of Loan Documents. Upon the Company's performance of its obligations under Sections 2.1, 2.2, 2.3, 2.4 and 2.5 hereof, the Loan Documents, except the modified deed of trust provided for in Section 2.12 and 3.2 (d) hereof, shall be deemed fully performed and any and all Obligations of the Company and its Subsidiaries, whether as Guarantors thereof or otherwise, shall be fully performed and discharged. The Loan Documents shall be of no further force or effect for any purpose whatever. At the closing, the Bank shall return all collateral held by the Bank in securing the Indebtedness, including, without limitation, all cash, securities (except as provided in Section 2.9 hereof), and the original stock certificates issued to the Company by the direct and indirect Subsidiaries of the Company.
Termination of Loan Documents. Upon execution of this Agreement and upon the release of the CopyTele Shares and the Videocon GDRs in accordance with Section 5 below, the Loan Documents shall standterminated and shall be of no further force or effect.
AutoNDA by SimpleDocs
Termination of Loan Documents. Upon the completion of all matters set forth in Sections 8.2 and 8.3 above, this Agreement and the other Loan Documents and all of Borrower's obligations hereunder and thereunder (other than those obligations which expressly survive the termination of this Agreement), shall terminate, and Lender shall take such actions, at Borrower's expense, that are reasonably necessary to release Lender's Liens on and security interest in, the Collateral.
Termination of Loan Documents. The Credit Agreement and each of the security documents and pledge agreements referred to in Section 4.01 of the Credit Agreement or otherwise provided to the Lender in connection with the Credit Agreement and the transactions contemplated thereby (collectively, with the Credit Agreement, the "Loan Documents") are hereby terminated and shall be of no further force or effect, except, as to each such Loan Document, for provisions therein that expressly survive the termination of such Loan Document, including, without limitation, Sections 2.11, 2.12 and 8.03 of the Credit Agreement in accordance with Section 8.05
Termination of Loan Documents. Any Loan Document shall (except in accordance with its terms), in whole or in part, terminate, cease to be effective or cease to the legally valid, binding and enforceable obligation of the Borrower; or the Borrower or the Guarantor shall, directly or indirectly, contest in any manner such effectiveness, validity, binding nature or enforceability.
Time is Money Join Law Insider Premium to draft better contracts faster.