Common use of Binding Obligations; Enforceability Clause in Contracts

Binding Obligations; Enforceability. This Amendment, the Credit Agreement (as amended by this Amendment) and the Renewal Notes are valid and legally binding obligations of the Borrower, enforceable in accordance with their respective terms, except as limited by applicable bankruptcy, insolvency or other laws affecting the enforcement of creditors' rights generally.

Appears in 4 contracts

Samples: Credit Agreement (Xeta Technologies Inc), Credit Agreement (Xeta Technologies Inc), Credit Agreement (Xeta Technologies Inc)

AutoNDA by SimpleDocs

Binding Obligations; Enforceability. This Amendment, Amendment and the Credit Agreement (as amended by this Amendment) and the Renewal Notes are valid and legally binding obligations of the Borrower, enforceable in accordance with their respective terms, except as limited by applicable bankruptcy, insolvency or other laws affecting the enforcement of creditors' rights generally.

Appears in 3 contracts

Samples: Credit Agreement (Nesco Inc/Ok), Credit Agreement (Xeta Technologies Inc), Credit Agreement (Xeta Technologies Inc)

Binding Obligations; Enforceability. This Amendment, the Credit Agreement (as amended by this Amendment) ), and each of the Renewal Notes are valid and legally binding obligations of the BorrowerBorrowers, enforceable in accordance with their respective terms, except as limited by applicable bankruptcy, insolvency or other laws affecting the enforcement of creditors' rights generally.

Appears in 1 contract

Samples: Credit Agreement (Matrix Service Co)

Binding Obligations; Enforceability. This Amendment, the Credit Agreement (as amended by this Amendment) ), and each of the Renewal Notes are valid and legally binding obligations of the BorrowerBorrowers, enforceable in accordance with their respective terms, except as limited by applicable bankruptcy, insolvency or other laws affecting the enforcement of creditors' creditors rights generally.

Appears in 1 contract

Samples: Credit Agreement (Matrix Service Co)

Binding Obligations; Enforceability. This Amendment, the Credit Agreement (as amended by this Amendment) and the Renewal Notes Replacement Construction Note are valid and legally binding obligations of the Borrower, enforceable in accordance with their respective terms, except as limited by applicable bankruptcy, insolvency or other laws affecting the enforcement of creditors' rights generally.

Appears in 1 contract

Samples: Credit Agreement (Nesco Inc/Ok)

AutoNDA by SimpleDocs

Binding Obligations; Enforceability. This Amendment, the Credit Agreement (as amended by this Amendment) and the Renewal Replacement Revolving Notes are valid and legally binding obligations of the Borrower, enforceable in accordance with their respective terms, except as limited by applicable bankruptcy, insolvency or other laws affecting the enforcement of creditors' rights generally.

Appears in 1 contract

Samples: Credit Agreement (Xeta Technologies Inc)

Binding Obligations; Enforceability. This Amendment, the Credit Agreement (as amended by this Amendment) and the Renewal Notes Replacement Working Capital Revolving Note are valid and legally binding obligations of the Borrower, enforceable in accordance with their respective terms, except as limited by applicable bankruptcy, insolvency or other laws affecting the enforcement of creditors' rights generally.

Appears in 1 contract

Samples: Credit Agreement (Nesco Inc/Ok)

Time is Money Join Law Insider Premium to draft better contracts faster.