Common use of Enforceability of Loan Documents Clause in Contracts

Enforceability of Loan Documents. This Agreement or any of the other Loan Documents shall, at any time after their respective execution and delivery, and for any reason, the validity or enforceability thereof or hereof shall be contested by any Loan Party, any or any stockholder of the Company, shall deny that it has any or further liability or obligation thereunder or hereunder, as the case may be.

Appears in 5 contracts

Samples: Credit Agreement (Ag-Chem Equipment Co Inc), Term Revolving Credit Agreement (Ag-Chem Equipment Co Inc), Credit Agreement (Ag-Chem Equipment Co Inc)

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Enforceability of Loan Documents. This Agreement or any of the other Loan Documents shall, at any time after their respective execution and delivery, and for any reason, cease to be in full force and effect or shall be declared null and void, or be revoked or terminated, or the validity or enforceability thereof or hereof shall be contested by any Loan Party, any the Borrower or any stockholder of the CompanyBorrower, or the Borrower shall deny that it has any or further liability or obligation thereunder or hereunder, as the case may be.

Appears in 4 contracts

Samples: Credit Agreement (QC Holdings, Inc.), Credit Agreement (QC Holdings, Inc.), Credit Agreement (QC Holdings, Inc.)

Enforceability of Loan Documents. This Agreement or any of the other Loan Documents shall, at any time after their respective execution and delivery, and for any reason, cease to be in full force and effect or shall be declared null and void, or be revoked or terminated, or the validity or enforceability thereof or hereof shall be contested by any Loan PartyBorrower, any the Guarantor, or any stockholder of any Borrower, or any Borrower or the Company, Guarantor shall deny that it has any or further liability or obligation thereunder or hereunder, as the case may be.

Appears in 1 contract

Samples: Revolving Credit and Loan Agreement (Medar Inc)

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Enforceability of Loan Documents. This Agreement or any of the other Loan Documents shall, at any time after their respective execution and delivery, and for any reason, cease to be in full force and effect or shall be declared null and void, or be revoked or terminated, or the validity or enforceability thereof or hereof shall be contested by any Loan Party, any or any stockholder of the Companyany Loan Party, or any Loan Party shall deny that it has any or further liability or obligation thereunder or hereunder, as the case may be.

Appears in 1 contract

Samples: Credit and Loan Agreement (Secom General Corp)

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