Validity and Enforceability 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 in any material respect or be declared to be null and void (other than in accordance with the terms hereof or thereof) or the validity or enforceability thereof be contested by Borrower or Borrower shall deny in writing that it has any or any further liability or obligations under any Loan Document to which it is a party.
Appears in 5 contracts
Samples: Credit Agreement (Centex Corp), Credit Agreement (Centex Corp), Letter of Credit and Reimbursement Agreement (Centex Corp)
Validity and Enforceability 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 in any material respect or be declared to be null and void (other than in accordance with the terms hereof or thereof) or the validity or enforceability thereof be contested by Borrower any Loan Party thereto or Borrower any Loan Party shall deny in writing that it has any or any further liability or obligations under any Loan Document to which it is a party.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Northern Border Partners Lp), 364 Day Credit Agreement (Northern Border Partners Lp), Revolving Credit Agreement (Northern Border Partners Lp)
Validity and Enforceability of Loan Documents. Any Loan Document shall, at any time after its execution and delivery and for any reason, cease ceases to be in full force and effect in any material respect or be is declared by a Governmental Authority to be null and void (other than in accordance with the terms hereof or thereof) or the its validity or enforceability thereof be is contested by Borrower any Company, or Borrower shall deny in writing any Company denies that it has any or any further liability or obligations under any Loan Document to which it is a party.
Appears in 3 contracts
Samples: Credit Agreement (Innkeepers Usa Trust/Fl), Credit Agreement (Innkeepers Usa Trust/Fl), Credit Agreement (Innkeepers Usa Trust/Fl)
Validity and Enforceability 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 in any material respect or be declared to be null and void (other than in accordance with the terms hereof or thereof) or the validity or enforceability thereof be contested by Borrower any Company party thereto or Borrower any Company shall deny in writing that it has any or any further liability or obligations under any Loan Document to which it is a party.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Affiliated Computer Services Inc), Revolving Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Red Lion Hotels CORP)
Validity and Enforceability of Loan Documents. Any Except in accordance with its terms or as otherwise expressly permitted by this Agreement, any Loan Document shall, at any time after its execution and delivery and for any reason, cease ceases to be in full force and effect in any material respect or be is declared by a Tribunal to be null and void (other than in accordance with the terms hereof or thereof) or the its validity or enforceability thereof be is contested by Borrower or Borrower shall deny in writing denies that it has any or any further liability or obligations under any Loan Document to which it is a party.
Appears in 2 contracts
Samples: Credit Agreement (Prologis Trust), Credit Agreement (Security Capital Industrial Trust)
Validity and Enforceability 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 in any material respect or be declared to be null and void (other than in accordance with the terms hereof or thereof) or the validity or enforceability thereof be contested by Borrower any Company thereto or Borrower any Company shall deny in writing that it has any or any further liability or obligations under any Loan Document to which it is a party.
Appears in 1 contract
Samples: Revolving Credit Agreement (Intermedia Communications Inc)
Validity and Enforceability 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 in any material respect or be declared to be null and void (other than in accordance with the terms hereof or thereof) or the validity or enforceability thereof be contested by Borrower any Company party thereto or Borrower any Company shall deny in writing that it has any liability or any further liability or obligations under any Loan Document to which it is a party.
Appears in 1 contract
Validity and Enforceability 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 in any material respect or be declared to be null and void (other than in accordance with the terms hereof or thereof) or the validity or enforceability thereof be contested by Borrower or Borrower shall deny in writing that it has any or any further liability or obligations under any Loan Document to which it is a party.. LETTER OF CREDIT AND REIMBURSEMENT AGREEMENT
Appears in 1 contract
Samples: Letter of Credit and Reimbursement Agreement (Centex Development Co Lp)
Validity and Enforceability 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 in any material respect or be declared to be null and void (other than in accordance with the terms hereof or thereof) or the validity or enforceability thereof be contested by Borrower or Borrower shall deny in writing that it has any or any further liability or obligations under any Loan Document to which it is a party.the
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Coorstek Inc)
