Validity of the Finance Documents Sample Clauses

Validity of the Finance Documents. Each Finance Document will on the due execution and delivery thereof be the legal, valid and binding obligation of the Borrower and each of the Guarantors expressed to be a party to it, enforceable against the Borrower and each such Guarantor in accordance with its terms, subject only to such qualifications as may be contained in the legal opinions delivered under Clause 7 (Conditions Precedent) of the Supplemental Agreement.
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Validity of the Finance Documents. Any Finance Document is terminated, cancelled, suspended, revoked or ceases to be valid and in full force and effect.
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Validity of the Finance Documents a) It is or becomes unlawful for the Borrower or the Guarantor to perform any of its obligations under the Finance Documents. b) A Finance Document or a provision contained therein becomes invalid, except for the factual situations referenced in the Legal Reservations, and that invalidity materially and adversely prejudices (either alone or cumulatively) the interests of the Lender under the Finance Documents, or one of the items serving as the Transaction Security loses its lawfulness, validity, binding effect or enforceability or a party to a Finance Document (with the exception of a Finance Party) alleges such invalidity. c) The Borrower or the Guarantor refuses to perform a material obligation under a Finance Document, announces its intention not to perform, or seeks to formally rescind (void) a Finance Document.
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Related to Validity of the Finance Documents

  • Validity of Loan Documents The Loan Documents are in all respects legal, valid and binding in accordance with their terms and grant to the City a direct, valid and enforceable first lien on and security interest in and to the Property.

  • Amendments to Finance Documents With effect on and from the Effective Date each of the Finance Documents other than the Loan Agreement shall be, and shall be deemed by this Agreement to have been, amended as follows: (a) the definition of, and references throughout each of the Finance Documents to, the Loan Agreement and any of the other Finance Documents shall be construed as if the same referred to the Loan Agreement and those Finance Documents as amended and supplemented by this Agreement; and (b) by construing references throughout each of the Finance Documents to “this Agreement”, “this Deed”, hereunder and other like expressions as if the same referred to such Finance Documents as amended and supplemented by this Agreement.

  • Finance Documents Where any other Finance Document provides that this clause 1.4 shall apply to that Finance Document, any other provision of this Agreement which, by its terms, purports to apply to all or any of the Finance Documents and/or any Obligor shall apply to that Finance Document as if set out in it but with all necessary changes.

  • Credit Agreement; Loan Documents This Agreement or counterparts hereof shall have been duly executed by, and delivered to, Borrowers, each other Credit Party, Agent and Lenders; and Agent shall have received such documents, instruments, agreements and legal opinions as Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including all those listed in the Closing Checklist attached hereto as Annex D, each in form and substance reasonably satisfactory to Agent.

  • Finance Document This Agreement is a Finance Document.

  • Validity of the Agreement This Agreement constitutes the legal, valid and binding agreement of Seller enforceable against Seller in accordance with its terms.

  • Invalidity of Loan Documents Any Loan Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or thereunder or satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party or any other Person contests in any manner the validity or enforceability of any Loan Document; or any Loan Party denies that it has any or further liability or obligation under any Loan Document, or purports to revoke, terminate or rescind any Loan Document; or

  • Maturity of the Funding Agreement Upon the maturity of the Funding Agreement and the return of funds thereunder, the Trust hereby directs the Indenture Trustee to set aside from such funds an amount sufficient for the repayment of the outstanding principal on the Notes and Trust Beneficial Interest when due.

  • Note Documents Receipt by the Purchasers of executed counterparts of this Agreement and the other Note Documents, each properly executed by a Responsible Officer of the signing Note Party and each other party to such Note Documents, in each case in form and substance satisfactory to the Purchasers.

  • Loan Documents The Requisite Lenders may direct the Administrative Agent to, and the Administrative Agent if so directed shall, exercise any and all of its rights under any and all of the other Loan Documents.

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