Validity of Loan Documents. Use its best efforts to object to any application made on behalf of any Loan Party or by any Person to the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.
Appears in 10 contracts
Samples: Revolving Credit and Guaranty Agreement (Dana Holding Corp), Revolving Credit and Guaranty Agreement (Dana Holding Corp), Senior Secured Debtor in Possession Credit Agreement (Worldcom Inc)
Validity of Loan Documents. Use its best commercially reasonable efforts to object to any application made on behalf of any Loan Party or by any Person to the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.
Appears in 5 contracts
Samples: Senior Secured Debtor in Possession Credit Agreement (Chemtura CORP), Senior Secured Debtor in Possession Credit Agreement (Chemtura CORP), Senior Secured Debtor in Possession Credit Agreement (Chemtura CORP)
Validity of Loan Documents. Use its best efforts to Shall object to any application made on behalf of any Loan Party or by any Person to the validity of any DIP Loan Document or the applicability or enforceability of any DIP Loan Document or which seeks to void, avoid, limit, or otherwise adversely affect the security interest created by or in any DIP Loan Document or any payment made pursuant thereto.
Appears in 2 contracts
Samples: Loan Agreement (AbitibiBowater Inc.), Loan Agreement (AbitibiBowater Inc.)
Validity of Loan Documents. Use its best efforts to object Object to any application made on behalf of any Loan Credit Party or by any Person to challenging the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.
Appears in 2 contracts
Samples: Senior Secured Superpriority Debtor in Possession Credit Agreement (AbitibiBowater Inc.), Credit Agreement (AbitibiBowater Inc.)
Validity of Loan Documents. Use its best efforts to object Object to any application made on -------------------------- behalf of any Loan Party or by any Person to the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, limit or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.
Appears in 1 contract
Samples: Senior Secured Priming Debtor in Possession Credit Agreement (Amf Bowling Worldwide Inc)
Validity of Loan Documents. Use its best efforts to Each Borrower shall object to any application made on behalf of any Loan Party other Borrower or by any Person to the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, limit or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.
Appears in 1 contract
Samples: Debt Agreement (WHX Corp)
