Invalidity of Guaranteed Obligations. The invalidity, illegality or unenforceability of all or any part of the Guaranteed Obligations, or any document or agreement executed in connection with the Guaranteed Obligations, for any reason whatsoever is illegal, uncollectible or unenforceable.
Appears in 3 contracts
Samples: Amended and Restated Guaranty Agreement (Earth Biofuels Inc), Amended and Restated Guaranty Agreement (Earth Biofuels Inc), Amended and Restated Guaranty Agreement (PNG Ventures Inc)
Invalidity of Guaranteed Obligations. The invalidity, illegality or unenforceability of all any Guaranteed Obligation for any reason whatsoever, including, but not limited to; the existence of valid defenses, counterclaims or off-sets to any part Guaranteed Obligation; the violation of applicable usury laws by any Guaranteed Obligation; or the inauthenticity of any document or instrument relating to the Guaranteed Obligations, or any document or agreement executed in connection with the Guaranteed Obligations, for any reason whatsoever is illegal, uncollectible or unenforceable.
Appears in 2 contracts
Samples: Textron Financial (Deer Valley Corp), Textron Financial (Deer Valley Corp)
Invalidity of Guaranteed Obligations. The invalidity, illegality or unenforceability of all or any part of the Guaranteed Obligations, Obligations or any document or agreement executed in connection with the Guaranteed Obligations, Obligations for any reason whatsoever is illegal, uncollectible or unenforceablewhatsoever.
Appears in 1 contract
Samples: Guaranty Agreement (Altitude International Holdings, Inc.)