Examples of CoBank Loan Documents in a sentence
No action on the part of any shareholder, member or partner (as applicable) of Guarantor is necessary in connection with the execution and delivery by Guarantor of, and the performance by Guarantor of its obligations under, the CoBank Loan Documents to which it is a party.
Without limiting the provisions of Subsection (e) above, all property owned or leased by Guarantor and all operations conducted by it are in compliance in all material respects with all Laws relating to environmental protection, the failure to comply with which could have a material adverse effect on the condition, financial or otherwise, operations, properties, or business of Guarantor, or on the ability of Guarantor to perform its obligations under the CoBank Loan Documents to which it is a party.
No consent, permission, authorization, order, or license of any governmental authority is necessary in connection with the execution, delivery, performance, or enforcement of the CoBank Loan Documents to which Guarantor is a party, except such as have been obtained and are in full force and effect.
This Guaranty shall inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns, including any holder or owner of the Notes or the other CoBank Loan Documents.
The exercise of any rights and remedies of the Administrative Agent hereunder or under any Wachovia Loan Document (a) shall not be prohibited or restricted in any manner by any of the CoBank Loan Documents and (b) shall not constitute or give rise to any event of default or "Default" under any of the CoBank Loan Documents (as such term is defined therein).
Each of the CoBank Loan Documents to which Guarantor is a party is, or when executed and delivered will be, the legal, valid, and binding obligation of Guarantor, enforceable in accordance with its terms, subject only to limitations on enforceability imposed by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' rights generally.
Each of the CoBank Loan Documents to which Guarantor is a party is, or when executed and delivered will be, the legal, valid, and binding obligation of Guarantor, enforceable in accordance with its terms, subject only to limitations on enforceability imposed by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors’ rights generally.
Further, the parties to the CoBank Loan Documents shall use all reasonable efforts to satisfy all conditions precedent to the effectiveness of the CoBank Loan Documents including the execution and delivery of all required certificates, opinions, and all other closing conditions.
This Agreement shall constitute a continuing agreement of subordination, and Agent may, subject to the provisions of the CoBank Loan Documents and without notice to or consent by any Subordinated Noteholder, modify any of the CoBank Loan Documents in reliance upon this Agreement.
This Agreement shall remain in full force and effect until the indefeasible payment in full in cash of the CoBank Indebtedness and termination of the CoBank Loan Documents after which this Agreement shall terminate without further action on the part of Agent hereto.