Validity and Enforceability of Loan Papers. Except in accordance with its terms or as otherwise expressly permitted by this Agreement, any Loan Paper at any time after its execution and delivery ceases to be in full force and effect in any material respect or is declared to be null and void or its validity or enforceability is contested by any Company party thereto or any Company denies that it has any further liability or obligations under any Loan Paper to which it is a party.
Validity and Enforceability of Loan Papers. Any Loan Paper 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, should the Company fail to cure within five days of discovery by the Company or notice from the Administrative Agent to the Borrower, or the validity or enforceability thereof be contested by any Company party thereto or any Company shall deny that it has any liability or obligations under any Loan Paper to which it is a party.
Validity and Enforceability of Loan Papers. Any Loan Paper 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 any Company party thereto or any Company shall deny in writing that it has any or any further liability or obligations under any Loan Paper to which it is a party.
Validity and Enforceability of Loan Papers. Borrower 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 Paper to which it is a party.
Validity and Enforceability of Loan Papers. Except in ------------------------------------------ accordance with its terms or as otherwise expressly permitted by this Agreement, any Loan Paper at any time after its execution and delivery ceases to be in full force and effect in any material respect (and Borrower does not cure such event to Agent's reasonable satisfaction within 10 days after Agent's written notice to Borrower of such cessation) or is declared by a Tribunal to be null and void or its validity or enforceability is contested by any Company party thereto or any Company denies that it has any further liability or obligations under any Loan Paper to which it is a party. If the validity or enforceability of any Loan Paper is contested in any proceeding to which no Company is a party, Borrower may participate in such Litigation for the purpose of defending the validity or enforceability of the Loan Paper.
Validity and Enforceability of Loan Papers. Any Loan Paper 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 any Loan Party (or, if prior to the Second Capital Date, DCCLP) or any other party thereto or any Loan Party (or, if prior to the Second Capital Date, DCCLP) shall deny in writing that it has any or any further liability or obligations under any Loan Paper to which it is a party.
Validity and Enforceability of Loan Papers. Any Loan Paper 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 shall be contested by the Borrower or the Borrower shall deny in writing that it has any or any further liability or obligations under any Loan Paper to which it is a party. There shall occur any “Default” or “Event of Default” or other breach which remains uncured on any date of determination under or with respect to any Loan Paper.
Validity and Enforceability of Loan Papers. Any provision (other than any provision excepted from, or subject to a qualification in, the opinions delivered pursuant to Item 9 of Schedule 6.1, but only to the extent of such exception or qualification) of any Loan Paper for any reason shall cease to be a legal, valid, binding and enforceable obligation of the Company or any Guarantor party thereto or the Company or any Guarantor party thereto shall so state in writing.
