Performance Guarantor. The Performance Guarantor shall fail to perform or observe any term, covenant or agreement required to be performed by it under the Performance Undertaking, or the Performance Undertaking shall cease to be effective or to be the legally valid, binding and enforceable obligation of the Performance Guarantor, or the Performance Guarantor shall directly or indirectly contest in any manner such effectiveness, validity, binding nature or enforceability; or
Appears in 2 contracts
Sources: Insured Receivables Credit Agreement (Sungard Data Systems Inc), Bridge Receivables Credit Agreement (Sungard Data Systems Inc)