Common use of Binding Effect of Documents Clause in Contracts

Binding Effect of Documents. Each Loan Party hereby acknowledges, confirms and agrees that: (i) each of the Loan Documents to which it is a party has been duly executed and delivered to Lender by such Loan Party, and each is in full force and effect as of the date hereof, (ii) the agreements and obligations of each Loan Party contained in this Agreement and the other Loan Documents constitute the legal, valid and binding obligations of such Loan Party and its successors and assigns, enforceable against such Loan Party and its successors and assigns in accordance with their respective terms, and such Loan Party and its successors and assigns have no valid defense to the enforcement of the Obligations and such guaranteed indebtedness, and (iii) Lender is and shall be entitled to the rights, remedies and benefits provided for in the Loan Documents (as such rights, remedies and benefits may be limited as set forth in this Agreement) and under applicable law or at equity.

Binding Effect of Documents. Each Loan Party hereby acknowledges, confirms and agrees that: (ia) each of the Loan Documents to which it is a party has been duly executed and delivered to Lender the Agents and Lenders thereto by such Loan Party, and each is in full force and effect as of the date hereofFirst Amendment Date, (iib) the agreements and obligations of each Loan Party contained in such documents and in this Agreement and the other Loan Documents constitute the legal, valid and binding obligations of such Loan Party and its successors and assignsguaranteed indebtedness of the Loan Parties other than Borrower, enforceable against such Loan Party and its successors and assigns in accordance with their respective terms, and such the Loan Party and its successors and assigns Parties have no valid defense to the enforcement of the Obligations and such guaranteed indebtedness, and (iiic) each Agent and each Lender is are and shall be entitled to the rights, remedies and benefits provided for in the Loan Documents (as such rights, remedies and benefits may be limited as set forth in this Agreement) and under applicable law or at equity.

Binding Effect of Documents. Each Loan Party hereby acknowledges, confirms and agrees that: (ia) each of the Loan Documents to which it is a party has been duly executed and delivered to Lender the Agents and Lenders thereto by such Loan Party, and each is in full force and effect as of the date hereof, (iib) the agreements and obligations of each Loan Party contained in such documents and in this Agreement and the other Loan Documents constitute the legal, valid and binding obligations of such Loan Party and its successors and assignsguaranteed indebtedness of the Loan Parties other than Borrower, enforceable against such Loan Party and its successors and assigns in accordance with their respective terms, and such the Loan Party and its successors and assigns Parties have no valid defense to the enforcement of the Obligations and such guaranteed indebtedness, and (iiic) each Agent and each Lender is are and shall be entitled to the rights, remedies and benefits provided for in the Loan Documents (as such rights, remedies and benefits may be limited as set forth in this Agreement) and under applicable law or at equity.