Common use of Validity of Loan Documents Clause in Contracts

Validity of Loan Documents. Any of the Loan Documents shall cease to be a legal, valid and binding agreement enforceable against any party executing the same in accordance with the respective terms thereof, or shall in any way be terminated, or become or be declared ineffective or inoperative, or shall in any way whatsoever cease to give or provide the respective rights, remedies, powers and privileges intended to be created thereby.

Validity of Loan Documents. Any of the Loan Documents shall cease ceases to be a legal, valid and binding agreement enforceable against any party executing the same Loan Party in accordance with the respective terms thereof, of such Loan Document or shall is in any way be terminated, terminated (except in accordance with its terms) or become becomes or be is declared ineffective or inoperative, inoperative or shall is in any way whatsoever cease challenged or contested by a Loan Party, or any Affiliate of a Loan Party, or ceases to give or provide the respective Liens, security interests, rights, titles, interests, remedies, powers and or privileges intended to be created thereby.thereby.47

Validity of Loan Documents. Any of the Loan Documents shall cease ceases to be a legal, valid and binding agreement enforceable against any party executing the same Loan Party in accordance with the respective terms thereof, of such Loan Document or shall is in any way be terminated, terminated (except in accordance with its terms) or become becomes or be is declared ineffective or inoperative, inoperative or shall is in any way whatsoever cease challenged or contested by a Loan Party, or any Affiliate of a Loan Party, or ceases to give or provide the respective Liens, security interests, rights, titles, interests, remedies, powers and or privileges intended to be created thereby.

Validity of Loan Documents. Any of the Loan Documents shall cease ceases to be a legal, valid and binding agreement enforceable against any party executing the same Loan Party in accordance with the respective terms thereof, of such Loan Document or shall is in any way be terminated, terminated (except in accordance with its terms) or become becomes or be is declared ineffective or inoperative, inoperative or shall is in any way whatsoever cease challenged or contested by a Loan Party, or any Affiliate of a Loan Party, or ceases to give or provide the respective Liens, security interests, rights, titles, interests, remedies, powers and or privileges intended to be created thereby.thereby.22

Validity of Loan Documents. Any of the Loan Documents shall cease ceases to be a legal, valid and binding agreement enforceable against any party executing the same Loan Party in accordance with the respective terms thereof, of such Loan Document or shall is in any way be terminated, terminated (except in accordance with its terms) or become becomes or be is declared ineffective or inoperative, inoperative or shall is in any way whatsoever cease challenged or contested by a Loan Party, or any Affiliate of a Loan Party, or ceases to give or provide the respective Liens, security interests, rights, titles, interests, remedies, powers and or privileges intended to be created thereby.thereby.23

Validity of Loan Documents. Any of the Loan Documents shall cease to be a legal, valid and binding agreement enforceable against any party executing the same in accordance with the respective terms thereof, or shall in any way be terminated, or become or be declared ineffective or inoperative, or shall in any way whatsoever cease to give or provide the respective rights, remedies, powers and privileges intended to be created thereby; provided that it shall not be an Event of Default under this Section 11.6 if a court determines that a particular Loan Document is not enforceable as a matter of law.

Validity of Loan Documents. Any of the Loan Documents shall cease ceases to be a legal, valid and binding agreement enforceable against any party executing the same Loan Party in accordance with the respective terms thereof, of such Loan Document or shall is in any way be terminated, terminated (except in accordance with its terms) or become becomes or be is declared ineffective or inoperative, inoperative or shall is in any way whatsoever cease challenged or contested by a Loan Party, or any Affiliate of a Loan Party, or ceases to give or provide the respective Liens, security interests, rights, titles, interests, remedies, powers and or privileges intended to be created thereby.thereby.50

Validity of Loan Documents. Any of the Loan Documents shall cease to be a legal, valid and binding agreement enforceable against any party executing the same in accordance with the respective terms thereof, or shall in any way be terminated, or become or be declared ineffective or inoperativeinoperative by operation of law, or shall in any way whatsoever cease to give or provide the respective rights, remedies, powers and privileges intended to be created thereby.