Common use of Challenge to Loan Documents Clause in Contracts

Challenge to Loan Documents. (a) Any challenge by or on behalf of any Borrower 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 terms or which seeks to void, avoid, limit, or otherwise adversely affect any security interest created by or in any Loan Document or any payment made pursuant thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Dreams Inc)

AutoNDA by SimpleDocs

Challenge to Loan Documents. (a) Any challenge by or on behalf of 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 terms or which seeks to void, avoid, limit, or otherwise adversely affect any security interest created by or in any Loan Document or any payment made pursuant thereto.; or

Appears in 1 contract

Samples: Loan Agreement (Dynamics Research Corp)

Challenge to Loan Documents. (a) Any challenge by or on behalf of any Borrower 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 terms or which seeks to void, avoid, limit, or otherwise adversely affect any security interest or lien created by or in any Loan Document or any payment made pursuant thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Electronic Cigarettes International Group, Ltd.)

Challenge to Loan Documents. (a) Any challenge by or on behalf of any Borrower 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 terms or which seeks to void, avoid, limit, or otherwise adversely affect any security interest Lien created by or in any Loan Document or any payment made pursuant thereto.

Appears in 1 contract

Samples: Credit Agreement (Wisekey International Holding S.A.)

Challenge to Loan Documents. (a) Any challenge by or on behalf of the Borrower or any Borrower guarantor of the Liabilities to the validity of any material provisions of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document’s 's terms in all material respects or which seeks to void, avoid, limit, or otherwise adversely affect any security interest created by or in any Loan Document or any payment made pursuant thereto.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Sun Television & Appliances Inc)

AutoNDA by SimpleDocs

Challenge to Loan Documents. (a) Any challenge by or on behalf of 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 terms or which seeks to void, avoid, limit, or otherwise adversely affect any security interest created by or in any Loan Document or any payment made pursuant thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Phar Mor Inc)

Challenge to Loan Documents. (a) Any challenge by or on behalf of any the Borrower to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan 50 Document’s terms or which seeks to void, avoid, limit, or otherwise adversely affect any security interest created by or in any Loan Document or any payment made pursuant thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Redenvelope Inc)

Challenge to Loan Documents. (ai) Any challenge by or on behalf of the Borrower or any Borrower 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 terms or which seeks to void, avoid, limit, or otherwise adversely affect any security interest created by or in any Loan Document or any payment made pursuant thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Aeropostale Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.