Unenforceability of Collateral Documents. Any material provision of any Collateral Document or any Guaranty after delivery thereof pursuant to this Agreement or any other Loan Document shall for any reason cease to be valid and binding, or enforceable against, on any Loan Party party thereto, or any Loan Party shall so state in writing; or
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Unenforceability of Collateral Documents. Any material provision of any Collateral Document or any Subordinated Guaranty after delivery thereof pursuant to this Agreement or any other Loan Document shall for any reason cease to be valid and bindingbinding on, or enforceable against, on any Loan Party party thereto, or any Loan Party shall so state in writing; or
Appears in 1 contract
Samples: Pledge and Security Agreement (National Steel Corp)
Unenforceability of Collateral Documents. Any material provision of any Collateral Document or any Guaranty after delivery thereof pursuant to this Agreement or any other Loan Document shall for any reason cease to be valid and bindingbinding on, or enforceable against, on any Loan Party party thereto, or any Loan Party shall so state in writing; or
Appears in 1 contract
Unenforceability of Collateral Documents. Any material provision of any Collateral Document or any Subordinated Guaranty after delivery thereof pursuant to this Agreement or any other Loan Document shall for any reason cease to be valid and binding, or enforceable against, on any Loan Party party thereto, or any Loan Party Borrower shall so state in writing; or
Appears in 1 contract
Samples: Subordinated Credit Agreement (National Steel Corp)
