Common use of Loan Document Unenforceable Clause in Contracts

Loan Document Unenforceable. Any of the Loan Documents shall cease to be legal, valid and binding agreements enforceable against the party executing the same or such party'sparty’s successors and assigns (as permitted under the Loan Documents) in accordance with the respective terms thereof or shall in any way be terminated (except in NAI-1540997189v1 accordance with its terms) or become or be declared ineffective or inoperative or shall in any way be challenged or contested by the Loan Parties;

Appears in 1 contract

Sources: Credit Agreement (Nacco Industries Inc)

Loan Document Unenforceable. Any of the Loan Documents shall cease to be legal, valid and binding agreements enforceable against the party executing the same or such party'spartyparty’s successors and assigns (as permitted under the Loan Documents) in accordance with the respective terms thereof or shall in any way be terminated (except in NAI-1540997189v1 accordance with its terms) or become or be declared ineffective or inoperative or shall in any way be challenged or contested by the Loan Parties;or

Appears in 1 contract

Sources: Credit Agreement (Ipalco Enterprises, Inc.)

Loan Document Unenforceable. Any of the Loan Documents shall cease to be legal, valid and binding agreements enforceable against the party executing the same or such party'spartyparty’s successors and assigns (as permitted under the Loan Documents) in accordance with the respective terms thereof or shall in any way be terminated (except in NAI-1540997189v1 accordance with its terms) or become or be declared ineffective or inoperative or shall in any way be challenged or contested by the Loan Parties;or cease to

Appears in 1 contract

Sources: Credit Agreement (DLH Holdings Corp.)

Loan Document Unenforceable. Any of the Loan Documents shall cease to be legal, valid and binding agreements enforceable against the party Loan Party executing the same or such party'sparty’s Loan Party's successors and assigns (as permitted under the Loan Documents) in accordance with the respective terms thereof or shall in any way be terminated (except in NAI-1540997189v1 accordance with its terms) or become or be declared ineffective or inoperative or shall in any way be challenged or contested by a Loan Party or RSC or cease to give or provide the Loan Partiesremedies, powers or privileges intended to be created thereby;

Appears in 1 contract

Sources: Revolving Credit Facility (Papa Johns International Inc)

Loan Document Unenforceable. Any of the Loan Documents shall cease to be legal, valid and binding agreements enforceable against the party executing the same or such party'spartyparty’s successors and assigns (as permitted under the Loan Documents) in accordance with the respective terms thereof or shall in any way be terminated (except in NAI-1540997189v1 accordance with its terms) or become or be declared ineffective or inoperative or shall in any way be challenged or contested by the Loan Parties;{N0289348 2 } 93

Appears in 1 contract

Sources: Credit Agreement (DLH Holdings Corp.)

Loan Document Unenforceable. Any Subject to the Legal Reservations, any of the Loan Documents shall cease to be legal, valid and binding agreements enforceable against the party executing the same or such party'spartyparty’s successors and assigns (as permitted under the Loan Documents) in accordance with the respective terms thereof or shall in any way be terminated (except in NAI-1540997189v1 accordance with its terms) or become or be declared ineffective or inoperative or shall in any way be challenged or contested by the any Loan Parties;Party in writing; or (h) [Reserved]; or

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Logitech International S.A.)