Common use of Validity of Loan Documents Clause in Contracts

Validity of Loan Documents. If (a) any material provision, in the sole opinion of Lender, of any Loan Document shall at any time for any reason cease to be valid, binding and enforceable against Borrower or any Obligor; (b) the validity, binding effect or enforceability of any Loan Document against Borrower or any Obligor shall be contested by Borrower or any Obligor; (c) Borrower or any Obligor shall deny that it has any or further liability or obligation thereunder; or (d) any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole reasonable opinion of LenderAgent, of any Loan Document shall at any time for any reason cease to be valid, valid and binding and enforceable against Borrower a Nordson or any ObligorCompany; (b) the validity, binding effect or enforceability of any material provision of any Loan Document against any Borrower or any Obligor Company shall be contested by Borrower such Company or any other Obligor; (c) any Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any material provision of any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Banks the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole opinion of Lender, provision of any Loan Document shall at any time for any reason cease to be valid, valid and binding and enforceable against Borrower or any ObligorGuarantor of Payment; (b) the validity, binding effect or enforceability of any Loan Document against Borrower or any Obligor Guarantor of Payment shall be contested by Borrower any Company or any other Obligor; (c) Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Banks the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole reasonable opinion of LenderAgent, of any Loan Document shall at any time for any reason cease to be valid, valid and binding and enforceable against Borrower or any ObligorGuarantor of Payment; (b) the validity, binding effect or enforceability of any Loan Document against Borrower or any Obligor Guarantor of Payment shall be contested by Borrower or any ObligorCompany; (c) Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Lenders the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole reasonable opinion of LenderAgent, of any Loan Document shall at any time for any reason cease to be valid, valid and binding and enforceable against Borrower or any ObligorCompany; (b) the validity, binding effect or enforceability of any material provision of any Loan Document against Borrower or any Obligor Company shall be contested by Borrower such Company or any other Obligor; (c) Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any material provision of any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Lenders the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole reasonable opinion of LenderAgent, of any Loan Document shall at any time for any reason cease to be valid, valid and binding and enforceable against Borrower or any ObligorCompany; (b) the validity, binding effect or enforceability of any material provision of any Loan Document against Borrower or any Obligor Company shall be contested by Borrower such Company or any other Obligor; (c) Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any material provision of any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Banks the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole reasonable opinion of LenderAgent, of the Credit Agreement, any Loan Document Note or any Guaranty of Payment shall at any time for any reason cease to be valid, valid and binding and enforceable against Borrower or any ObligorGuarantor of Payment; (b) the validity, binding effect or enforceability of any Loan Document against Borrower or any Obligor Guarantor of Payment shall be contested by Borrower or any ObligorCompany; (c) Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Banks the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole opinion of Lender, provision of any Loan Document shall at any time for any reason cease to be valid, binding and enforceable against Borrower or any ObligorGuarantor of Payment; (b) the validity, binding effect or enforceability of any Loan Document against Borrower or any Obligor Guarantor of Payment shall be contested by Borrower any Company or any other Obligor; (c) Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender the material benefits purported to be created thereby.

Validity of Loan Documents. If (a) any material provision, in the sole reasonable opinion of the Lender, of any Loan Document shall at any time anytime for any reason cease to be valid, valid and binding and enforceable against the Borrower or any ObligorGuarantor of Payment; (b) the validity, binding effect or enforceability of any Loan Document against the Borrower or any Obligor Guarantor of Payment shall be contested by Borrower or any ObligorCompany; (c) the Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to the Lender the benefits purported to be created thereby.

Validity of Loan Documents. If (ai) any Any material provision, in the sole reasonable opinion of LenderAgent, of any Loan Document shall at any time for any reason cease to be valid, valid and binding and enforceable against Borrower or any ObligorGuarantor of Payment; (bii) the validity, binding effect or enforceability of any Loan Document against Borrower or any Obligor Guarantor of Payment shall be contested by Borrower or any ObligorCompany; (ciii) Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (div) any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Lenders the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole reasonable opinion of LenderAgent, of any Loan Document shall at any time for any reason cease to be valid, valid and binding and enforceable against a Borrower or any ObligorCompany; (b) the validity, binding effect or enforceability of any material provision of any Loan Document against any Borrower or any Obligor Company shall be contested by Borrower such Company or any other Obligor; (c) any Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any material provision of any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Banks the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any material provision, in the sole opinion reasonable judgment of Lender, of any Loan Document shall at any time for any reason cease to be valid, binding and enforceable against Borrower or any Obligor; (b) the validity, binding effect or enforceability of any Loan Document against Borrower or any Obligor shall be contested by Borrower or any Obligor; (c) Borrower or any Obligor shall deny that it has any or further liability or obligation thereunder; or (d) any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole reasonable opinion of LenderAgent, of any Loan Document shall at any time for any reason cease to be valid, valid and binding and enforceable against Borrower or any ObligorCompany; (b) the validity, binding effect or enforceability of any material provision of any Loan Document against any Borrower or any Obligor Company shall be contested by Borrower such Company or any other Obligor; (c) any Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any material provision of any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Banks the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole reasonable opinion of LenderAgent, of any Loan Document shall at any time for any reason cease to be valid, valid and binding and enforceable against any Borrower or any ObligorCompany; (b) the validity, binding effect or enforceability of any material provision of any Loan Document against any Borrower or any Obligor Company shall be contested by Borrower such Company or any other Obligor; (c) any Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any material provision of any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Lenders the benefits purported to be created thereby.

Validity of Loan Documents. If (a) any Any material provision, in the sole reasonable opinion of LenderAgent, of any Loan Document shall at any time for any reason cease to be valid, valid and binding and enforceable against Borrower or any ObligorGuarantor of Payment; (b) the validity, binding effect or enforceability of any Loan Document against Borrower or any Obligor Guarantor shall be contested by Borrower any Company or any other Obligor; (c) Borrower or any Obligor Guarantor of Payment shall deny that it has any or further liability or obligation thereunder; or (d) any Loan Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to Lender Agent and the Banks the benefits purported to be created thereby.