Common use of Binding Effect of Documents, etc Clause in Contracts

Binding Effect of Documents, etc. Borrower has duly executed and delivered each of the Loan Documents to which Borrower is a party, and each of the Loan Documents is valid, binding and in full force and effect. The agreements and obligations of Borrower as contained in each of the Loan Documents constitute, or upon execution and delivery thereof will constitute, legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms, subject, as to the enforcement of remedies only, to limitations imposed by federal and state laws regarding bankruptcy, insolvency, reorganization, moratorium and other laws affecting creditors' rights and remedies generally, and by general principles of law and equity.

Appears in 10 contracts

Samples: Loan and Security Agreement (Youngevity International, Inc.), Loan and Security Agreement, Loan and Security Agreement (Greenwood Hall, Inc.)

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Binding Effect of Documents, etc. Borrower has duly executed and delivered each of the Loan Documents to which Borrower it is a party, and each of the Loan Documents is valid, binding and in full force and effect. The agreements and obligations of Borrower as contained in each of the Loan Documents constituteconstitutes, or upon execution and delivery thereof will constitute, legal, valid and binding obligations of Borrower, Borrower enforceable against Borrower in accordance with their respective terms, subject, as to the enforcement of remedies only, to limitations imposed by federal and state laws regarding bankruptcy, insolvency, reorganization, moratorium and other laws affecting creditors' rights and remedies generally, and by general principles of law and equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Intek Diversified Corp)

Binding Effect of Documents, etc. Each Borrower has duly executed and delivered each of the Loan Documents to which such Borrower is a party, and each of the Loan Documents is valid, binding and in full force and effect. The agreements and obligations of each Borrower as contained in each of the Loan Documents constituteconstitutes, or upon execution and delivery thereof will constitute, legal, valid and binding obligations of such Borrower, enforceable against such Borrower in accordance with their respective terms, subject, as to the enforcement of remedies only, to limitations imposed by federal and state laws regarding bankruptcy, insolvency, reorganization, moratorium and other laws affecting creditors' rights and remedies generally, and by general principles of law and equity.

Appears in 1 contract

Samples: Loan and Security Agreement (InterMetro Communications, Inc.)

Binding Effect of Documents, etc. Borrower It has duly executed and delivered each of the Loan Documents to which Borrower it is a party, and each of the Loan Documents is valid, binding and in full force and effect. The agreements and obligations of Borrower it as contained in each of the Loan Documents constitute, or upon execution and delivery thereof will constitute, legal, valid and binding obligations of Borrowerit, enforceable against Borrower it in accordance with their respective terms, subject, as to the enforcement of remedies only, to limitations imposed by federal and state laws regarding bankruptcy, insolvency, reorganization, moratorium and other laws affecting creditors' rights and remedies generally, and by general principles of law and equity.

Appears in 1 contract

Samples: Loan and Security Agreement (HydroGen CORP)

Binding Effect of Documents, etc. Each Borrower has duly executed and delivered each of the Loan Documents to which such Borrower is a party, and each of the Loan Documents is valid, binding and in full force and effect. The agreements and obligations of each Borrower as contained in each of the Loan Documents constitute, or upon execution and delivery thereof will constitute, legal, valid and binding obligations of such Borrower, enforceable against such Borrower in accordance with their respective terms, subject, as to the enforcement of remedies only, to limitations imposed by federal and state laws regarding bankruptcy, insolvency, reorganization, moratorium and other laws affecting creditors' rights and remedies generally, and by general principles of law and equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Jagged Peak, Inc.)

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Binding Effect of Documents, etc. Borrower has duly executed and delivered each of the Loan Documents to which Borrower is a party, and each of the Loan Documents is valid, binding and in full force and effect. The agreements and obligations of Borrower as contained in each of the Loan Documents constitute, or upon execution and delivery thereof will constitute, legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms, subject, as to the enforcement of remedies only, to limitations imposed by federal and state laws regarding bankruptcy, insolvency, reorganization, moratorium and other laws affecting creditors' rights and remedies generally, and by general principles of law and equity.

Appears in 1 contract

Samples: Loan and Security Agreement (BTHC X Inc)

Binding Effect of Documents, etc. Borrower Xxxxxxxx has duly executed and delivered each of the Loan Documents to which Borrower is a party, and each of the Loan Documents is valid, binding and in full force and effect. The agreements and obligations of Borrower as contained in each of the Loan Documents constitute, or upon execution and delivery thereof will constitute, legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms, subject, as to the enforcement of remedies only, to limitations imposed by federal and state laws regarding bankruptcy, insolvency, reorganization, moratorium and other laws affecting creditors' rights and remedies generally, and by general principles of law and equity.

Appears in 1 contract

Samples: Loan and Security Agreement (1847 Holdings LLC)

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