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 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 Exhibit 10.36 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.

Binding Effect of Loan Documents. Borrowers Each of the Loan Parties hereby acknowledgeacknowledges, confirm confirms, and agree that: agrees that (ia) each of the Loan Documents to which any Borrower is a party has been duly executed and delivered to the Administrative Agent and Lenders by such Borrower Agent, and each is in full force and effect as of the date hereof, ; (iib) the agreements and obligations of Borrowers each of the Loan Parties contained in such each of the Loan Documents to which any Borrower is a party and in Documents, including, but not limited to, this Agreement and the Guarantee and Collateral Agreement, constitute the legal, valid valid, and binding Obligations obligations of Borrowerseach of the Loan Parties, enforceable against Borrowers each of the Loan Parties in accordance with their respective terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws Laws of general application relating to or limiting the enforcement of creditors’ rights generally or and by equitable general principles relating to enforceabilityof equity, and Borrowers the Loan Parties otherwise have no valid defense to the enforcement of such Obligationsobligations, and (iiic) Administrative Agent and Lenders the Secured Parties are and shall be entitled to the rights, remedies remedies, and benefits provided for in the Loan Documents and pursuant to under applicable law, but subject to the terms and conditions of this AgreementLaws.

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.