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 If (a) any material provision, in the sole opinion of Agent, of any Loan Document shall at any time cease to be valid, binding and enforceable against any Credit Party; (b) the validity, binding effect or enforceability of any Loan Document against any Credit Party shall be contested by any Credit Party; (c) any Credit Party shall deny that it has any or further liability or obligation under any Loan Document; or (d) any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Agent and the Lenders the benefits purported to be created thereby.

  • 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.