Common use of Invalidity/Repudiation Clause in Contracts

Invalidity/Repudiation. Any Financing Document or any material provision of any Financing Document shall not be, or shall cease to be, valid and enforceable and in full force and effect (other than as a result of the indefeasible payment in full of all amounts due thereunder); or the Borrower shall disaffirm or repudiate any of its respective obligations under the Financing Documents;

Appears in 2 contracts

Sources: Credit Agreement (Optical Cable Corp), Special Project Loan Agreement (Optical Cable Corp)