Validity of Loan Documents. Use its best efforts to object to any application made on behalf of any Loan Party or by any Person to the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.
Appears in 9 contracts
Samples: And Guaranty Agreement (Dana Holding Corp), And Guaranty Agreement (Dana Holding Corp), Possession Credit Agreement (Dana Corp)
Validity of Loan Documents. Use its best commercially reasonable efforts to object to any application made on behalf of any Loan Party or by any Person to the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.
Appears in 4 contracts
Samples: Credit Agreement (Chemtura CORP), Possession Credit Agreement (Chemtura CORP), Possession Credit Agreement (Chemtura CORP)
Validity of Loan Documents. Use its best efforts to object Object to any application made on behalf of any Loan Credit Party or by any Person to challenging the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.
Appears in 2 contracts
Samples: Possession Credit Agreement (AbitibiBowater Inc.), Possession Credit Agreement (AbitibiBowater Inc.)
Validity of Loan Documents. Use its best efforts to Shall object to any application made on behalf of any Loan Party or by any Person to the validity of any DIP Loan Document or the applicability or enforceability of any DIP Loan Document or which seeks to void, avoid, limit, or otherwise adversely affect the security interest created by or in any DIP Loan Document or any payment made pursuant thereto.
Appears in 2 contracts
Samples: Letter Loan Agreement (AbitibiBowater Inc.), Letter Loan Agreement (AbitibiBowater Inc.)
Validity of Loan Documents. Use its best efforts to object Object to any application made on -------------------------- behalf of any Loan Party or by any Person to the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, limit or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.
Appears in 1 contract
Samples: Amf Bowling Worldwide Inc
Validity of Loan Documents. Use its best efforts to object to any application made on behalf of any Loan Party or by any Person to the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.. Dxxx—Term Credit and Guaranty Agreement
Appears in 1 contract
Samples: Term Facility Credit and Guaranty Agreement (Dana Holding Corp)
Validity of Loan Documents. Use its best efforts to Each Borrower shall object to any application made on behalf of any Loan Party other Borrower or by any Person to the validity of any Loan Document or the applicability or enforceability of any Loan Document or which seeks to void, avoid, limit, limit or otherwise adversely affect the security interest created by or in any Loan Document or any payment made pursuant thereto.
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