Common use of Invalidity of Loan Documents, etc Clause in Contracts

Invalidity of Loan Documents, etc. If (A) other than in accordance with the terms thereof or with a consent or approval obtained in accordance with Section 9.01, any of the Loan Documents shall be cancelled, terminated, revoked, rescinded or otherwise ceases to be in full force and effect; or the Administrative Agent's security interests, mortgages or Liens in the Collateral shall cease to be valid and perfected, or shall cease to have the priority contemplated by the Security Documents other than due to the failure of the Administrative Agent to take appropriate perfection actions; or (B) any action at law, suit or in equity or other legal proceeding to cancel, revoke, rescind or declare void any of the Loan Documents shall be commenced by or on behalf of any Credit Party, any Subsidiary or any of their respective equity holders; or (C) any court or any other Governmental Authority shall make a determination that, or issue a judgment, order, decree or ruling to the effect that, any one or more of the Loan Documents is illegal, invalid or unenforceable in accordance with the terms thereof; or

Invalidity of Loan Documents, etc. If (A) other than in accordance with the terms thereof or with a consent or approval obtained in accordance with Section 9.01, any of the Loan Documents shall be cancelled, terminated, revoked, rescinded or otherwise ceases to be in full force and effecteffect other than in accordance with their terms; or the Administrative Agent's ’s security interests, mortgages or Liens in all or a material portion of the Collateral shall cease to be valid and perfected, or shall cease to have the priority contemplated by the Security Documents other than due to in accordance with the failure of the Administrative Agent to take appropriate perfection actionsterms thereof or with a consent or approval obtained in accordance with Section 11.01; or (B) any action at law, suit or in equity or other legal proceeding to cancel, revoke, rescind or declare void any of the Loan Documents shall be commenced by or on behalf of any Credit Party, any Subsidiary or any of their respective equity holders; or (C) any court or any other Governmental Authority shall make a determination that, or issue a judgment, order, decree or ruling to the effect that, any one or more of the Loan Documents is illegal, invalid or unenforceable in accordance with the terms thereof; or

Invalidity of Loan Documents, etc. If (A) other than in accordance with the terms thereof or with a consent or approval obtained in accordance with Section 9.01, any of the Loan Documents shall be cancelled, terminated, revoked, rescinded or otherwise ceases to be in full force and effecteffect other than in accordance with their terms; or the Administrative Agent's ’s security interests, mortgages or Liens in all or a material portion of the Collateral shall cease to be valid and perfected, or shall cease to have the priority contemplated by the Security Documents other Documents, the Second Lien Intercreditor Agreement and the Canadian Intercreditor Agreement, in each case otherwise than due to in accordance with the failure of the Administrative Agent to take appropriate perfection actionsterms thereof or with a consent or approval obtained in accordance with Section 10.01; or (B) any action at law, suit or in equity or other legal proceeding to cancel, revoke, rescind or declare void any of the Loan Documents shall be commenced by or on behalf of any Credit Party, any Subsidiary or any of their respective equity holders; or (C) any court or any other Governmental Authority shall make a determination that, or issue a judgment, order, decree or ruling to the effect that, any one or more of the Loan Documents is illegal, invalid or unenforceable in accordance with the terms thereof; or

Invalidity of Loan Documents, etc. If (A) other than in accordance with the terms thereof or with a consent or approval obtained in accordance with Section 9.01, any of the Loan Documents shall be cancelled, terminated, revoked, rescinded or otherwise ceases to be in full force and effecteffect other than in accordance with their terms; or the Administrative Agent's ’s security interests, mortgages or Liens in all or a material portion of the Collateral shall cease to be valid and perfected, or shall cease to have the priority contemplated by the Security Documents other Documents, the Senior Notes Intercreditor Agreement and the Canadian Intercreditor Agreement, in each case otherwise than due to in accordance with the failure of the Administrative Agent to take appropriate perfection actionsterms thereof or with a consent or approval obtained in accordance with Section 10.01; or (B) any action at law, suit or in equity or other legal proceeding to cancel, revoke, rescind or declare void any of the Loan Documents shall be commenced by or on behalf of any Credit Party, any Subsidiary or any of their respective equity holders; or (C) any court or any other Governmental Authority shall make a determination that, or issue a judgment, order, decree or ruling to the effect that, any one or more of the Loan Documents is illegal, invalid or unenforceable in accordance with the terms thereof; or

Invalidity of Loan Documents, etc. If (A) other than in accordance with the terms thereof or with a consent or approval obtained in accordance with Section 9.01, any of the Loan Documents shall be cancelled, terminated, revoked, rescinded or otherwise ceases to be in full force and effect; or the Administrative Agent's ’s security interests, mortgages or Liens in the Collateral shall cease to be valid and perfected, or shall cease to have the priority contemplated by the Security Documents other than due to the failure of the Administrative Agent to take appropriate perfection actions; or (B) any action at law, suit or in equity or other legal proceeding to cancel, revoke, rescind or declare void any of the Loan Documents shall be commenced by or on behalf of any Credit Party, any Subsidiary or any of their respective equity holders; or (C) any court or any other Governmental Authority shall make a determination that, or issue a judgment, order, decree or ruling to the effect that, any one or more of the Loan Documents is illegal, invalid or unenforceable in accordance with the terms thereof; or

Invalidity of Loan Documents, etc. If (A) other than in accordance with the terms thereof or with a consent or approval obtained in accordance with Section 9.01, any of the Loan Documents shall be cancelled, terminated, revoked, rescinded or otherwise ceases to be in full force and effecteffect other than in accordance with their terms; or the Administrative Agent's security interests, mortgages or Liens in all or a material portion of the Collateral shall cease to be valid and perfected, or shall cease to have the priority contemplated by the Security Documents other Documents, the Second Lien Intercreditor Agreement and the Canadian Intercreditor Agreement, in each case otherwise than due to in accordance with the failure of the Administrative Agent to take appropriate perfection actionsterms thereof or with a consent or approval obtained in accordance with Section 10.01; or (B) any action at law, suit or in equity or other legal proceeding to cancel, revoke, rescind or declare void any of the Loan Documents shall be commenced by or on behalf of any Credit Party, any Subsidiary or any of their respective equity holders; or (C) any court or any other Governmental Authority shall make a determination that, or issue a judgment, order, decree or ruling to the effect that, any one or more of the Loan Documents is illegal, invalid or unenforceable in accordance with the terms thereof; or