Common use of Binding Effect of Loan Documents Clause in Contracts

Binding Effect of Loan Documents. Borrowers hereby acknowledge, confirm and agree that: (i) each of the Loan Documents to which any Borrower is a party has been duly executed and delivered to Administrative Agent and Lenders by such Borrower and each is in full force and effect as of the date hereof, (ii) the agreements and obligations of Borrowers contained in such Loan Documents to which any Borrower is a party and in this Agreement constitute the legal, valid and binding Obligations of Borrowers, enforceable against Borrowers in accordance with their respective terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability, and Borrowers have no valid defense to the enforcement of such Obligations, and (iii) Administrative Agent and Lenders are and shall be entitled to the rights, remedies and benefits provided for in the Loan Documents and pursuant to applicable law, but subject to the terms and conditions of this Agreement.

Binding Effect of Loan Documents. Borrowers Loan Parties hereby acknowledge, confirm and agree that: (i) each of the Loan Documents to which any Borrower is Loan Parties are a party has been duly executed and delivered to Administrative Agent and Lenders Credit Parties by such Borrower Loan Parties, and each is in full force and effect as of the date hereof, (ii) the agreements and obligations of Borrowers Loan Parties contained in such Loan Documents to which any Borrower is they are a party and in this Agreement Amendment constitute the legal, valid and binding Obligations of BorrowersLoan Parties, enforceable against Borrowers them in accordance with their respective its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability, and Borrowers Loan Parties have no valid defense to the enforcement of such Obligations, and (iii) Administrative Agent and Lenders Credit Parties are and shall be entitled to the rights, remedies and benefits provided for in the Loan Documents and pursuant to applicable law, but subject to the terms and conditions of this AgreementAmendment No.

Binding Effect of Loan Documents. Borrowers Borrower hereby acknowledgeacknowledges, confirm confirms and agree agrees that: (i) each of the Senior Loan and the other Loan Documents to which any Borrower is a party has been duly executed and delivered to Administrative Agent and Lenders by such Borrower Holder, and each is in full force and effect as of the date hereof, (ii) the agreements and obligations of Borrowers Borrower contained in such the Senior Loan and the other Loan Documents to which any Borrower it is a party and in this Agreement Amendment constitute the legal, valid and binding Obligations of BorrowersBorrower, enforceable against Borrowers Borrower in accordance with their respective terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or limiting creditors’ ' rights generally or by equitable principles relating to enforceability, and Borrowers have Borrower has no valid defense to the enforcement of such Obligations, and (iii) Administrative Agent and Lenders are Holder is and shall be entitled to the rights, remedies and benefits provided for in the Senior Loan and the other Loan Documents and pursuant to applicable law, but subject to the terms and conditions of this Agreement.