Common use of Contesting Security Clause in Contracts

Contesting Security. The Holder agrees that it shall not contest or bring into question the validity, perfection or enforceability of any of the Senior Security, or the relative priority of the Senior Security.

Appears in 3 contracts

Sources: Subscription Agreement (Fairfax Financial Holdings LTD/ Can), Investment Agreement (Westport Innovations Inc), Investment Agreement (Westport Innovations Inc)