Challenge to Loan Documents. (a) Any challenge by or on behalf of the Borrower or any Guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document in accordance with the subject Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the security interest created by or in the Loan Documents or any payment made pursuant thereto. (b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable in accordance with the subject Loan Document's material terms or which voids, avoids, limits, or otherwise materially adversely affects the security interest created by the Loan Documents or any payment made pursuant thereto.
Appears in 2 contracts
Sources: Loan and Security Agreement (Designs Inc), Loan and Security Agreement (Designs Inc)
Challenge to Loan Documents. (a) Any challenge in writing by or on behalf of the any Borrower or any Guarantor guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject material substance of such Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable substantially in accordance with the subject Loan Document's material terms or which voids, avoids, limits, or otherwise materially adversely affects the any material security interest created by the any Loan Documents Document or which determines any material payment made pursuant theretothereto is void or voidable.
Appears in 2 contracts
Sources: Loan and Security Agreement (Lechters Inc), Loan and Security Agreement (Lechters Inc)
Challenge to Loan Documents. (a) Any challenge by or on behalf of the Borrower or any Guarantor guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material ’s terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable in accordance with the subject Loan Document's material ’s terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto.
Appears in 2 contracts
Sources: Loan and Security Agreement (RoomStore, Inc.), Loan and Security Agreement (RoomStore, Inc.)
Challenge to Loan Documents. (ai) Any challenge by or on behalf of the any Borrower or any Guarantor guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(bii) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable strictly in accordance with the subject Loan Document's material terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto.
Appears in 2 contracts
Sources: Loan Agreement (Natural Wonders Inc), Loan Agreement (Natural Wonders Inc)
Challenge to Loan Documents. (a) Any challenge by or on behalf of the any Borrower or any Guarantor guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable strictly in accordance with the subject Loan Document's material terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto.. 112 120
Appears in 1 contract
Sources: Loan and Security Agreement (Restoration Hardware Inc)
Challenge to Loan Documents. (a) Any challenge by or on behalf of the Borrower or Borrowers' Representative, any Guarantor of the Liabilities Loan Party to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable strictly in accordance with the subject Loan Document's material terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto.
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Challenge to Loan Documents. (a) Any challenge by or on behalf of the Borrower or any Guarantor guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(bc) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable strictly in accordance with the subject Loan Document's material terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto.
Appears in 1 contract
Sources: Loan and Security Agreement (Hastings Entertainment Inc)
Challenge to Loan Documents. (a) Any challenge by or on behalf of any party to the Borrower Loan Documents (other than the Agent or any Guarantor of the Liabilities a Lender) to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material ’s terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable strictly in accordance with the subject Loan Document's material ’s terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto.
Appears in 1 contract
Challenge to Loan Documents. (a) Any challenge by or on behalf of the any Borrower or any Guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable strictly in accordance with the subject Loan Document's 66 material terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto.
Appears in 1 contract
Challenge to Loan Documents. (a) Any challenge by or on behalf of the any Borrower or any Guarantor guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.. 100 108
(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable strictly in accordance with the subject Loan Document's material terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto.
Appears in 1 contract
Challenge to Loan Documents. (a) Any challenge by or on behalf of the Borrower Borrowers' Representative, any Borrower, or any Guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable strictly in accordance with the subject Loan Document's material terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto.
Appears in 1 contract
Challenge to Loan Documents. (a) Any challenge by or on behalf of the Borrower or any Guarantor guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable in accordance with the subject Loan Document's material terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto.
Appears in 1 contract
Sources: Loan and Security Agreement (Wild Oats Markets Inc)
Challenge to Loan Documents. (a) Any challenge by or on behalf of the any Borrower or any Guarantor of the Liabilities to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document's material terms or which seeks to void, avoid, limit, or otherwise materially adversely affect the any security interest created by or in the any Loan Documents Document or any payment made pursuant thereto.
(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable strictly in accordance with the subject Loan Document's material terms or which voids, avoids, limits, or otherwise materially adversely affects the any security interest created by the any Loan Documents Document or any payment made pursuant thereto. 1013 -CHANGE IN CONTROL. Any Change in Control.
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