Common use of Binding Obligations, Etc Clause in Contracts

Binding Obligations, Etc. This Agreement has been duly executed and delivered by Borrower and constitutes, and the other Loan Documents when duly executed and delivered will constitute, the legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as such enforceability may be limited by (a) applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and other similar laws of general application affecting the enforcement of creditors' rights, and (b) by general equitable principles, regardless of whether enforcement is sought in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (Washington Natural Gas Co)

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Binding Obligations, Etc. This Agreement has been duly executed and delivered by Borrower and constitutes, and the other Loan Documents when duly executed and delivered by Borrower or any Guarantor will constitute, the legal, valid and binding obligations of Borrower or Guarantor enforceable against Borrower or Guarantor in accordance with their respective terms, terms except as such enforceability may be limited by (a) applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and other or similar laws of general application affecting the enforcement of creditors' rights, and (b) rights generally or by the exercise of judicial discretion in accordance with general equitable principles, regardless principles of whether enforcement is sought in equity or at lawequity.

Appears in 1 contract

Samples: Credit Agreement (Flow International Corp)

Binding Obligations, Etc. This Agreement has been duly executed and delivered by Borrower Xxxxxxxx and constitutes, and the other Loan Borrower Documents when duly executed and delivered will constitute, the legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as such enforceability may be limited by (a) applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and other similar laws affecting creditors’ rights generally or general principles of general application affecting the enforcement of creditors' rights, and equity (b) by general equitable principles, regardless of whether enforcement is sought in equity or at law).

Appears in 1 contract

Samples: Financing Agreement

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Binding Obligations, Etc. This Agreement has been duly executed and delivered by Borrower and constitutes, and the other Loan Documents when duly executed and delivered by Borrower or any Guarantor will constitute, the legal, valid and binding obligations of Borrower or Guarantor enforceable against Borrower or Guarantor in accordance with their respective terms, terms except as such enforceability may be limited by (a) applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and other or similar laws of general application affecting the enforcement of creditors' rights, and (b) ’ rights generally or by the exercise of judicial discretion in accordance with general equitable principles, regardless principles of whether enforcement is sought in equity or at lawequity.

Appears in 1 contract

Samples: Credit Agreement (Flow International Corp)

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