Common use of Security Documents; etc Clause in Contracts

Security Documents; etc. Any event of default described in any ----------------------- Security Document or Partnership Agreement shall have occurred and be continuing, or any material provision of any Security Document or Partnership Agreement shall at any time for any reason cease to be valid and binding and enforceable against any obligor thereunder, or the validity, binding effect or enforceability thereof shall be contested by any person, or any obligor shall deny that it has any or further liability or obligation thereunder, or any Security Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way ceases to give or provide to the Bank the benefits purported to be created thereby, or the Company shall not be the general partner of and operator under each Partnership.

Security Documents; etc. Any event of default described in any ----------------------- Security Document or Partnership Agreement shall have occurred and be continuingcontinuing (after giving effect to any applicable grace period), or any material provision of any Security Document or Partnership Agreement shall at any time for any reason cease to be valid and binding and enforceable against any obligor thereunder, or the validity, binding effect or enforceability thereof shall be contested by any person, or any obligor shall deny that it has any or further liability or obligation thereunder, or any Security Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way ceases cease to give or provide to the Bank the benefits purported to be created thereby, or the Company shall not be the general partner of and operator under each Partnership.Bank in good faith deems itself insecure; or