Common use of Binding Obligations of Borrower Parties Clause in Contracts

Binding Obligations of Borrower Parties. Each Loan Document to which it is party is the legal, valid and binding obligation of each Borrower Party, enforceable against each of them in accordance with its terms, except as may be limited by equitable principles and by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to creditors’ rights generally.

Binding Obligations of Borrower Parties. Each Loan Document to which it is party is the legal, valid and binding obligation of each Borrower Party, enforceable against each of them in accordance with its respective terms, except as may be limited by equitable principles and by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to creditors’ rights generally.

Binding Obligations of Borrower Parties. Each Loan Document to which it is party is the legal, valid and binding obligation of each Borrower Party, enforceable against each of them in accordance with its their respective terms, except as may be limited by equitable principles and by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to creditors’ ' rights generally.

Binding Obligations of Borrower Parties. Each Loan Document to which it such Borrower or any of its Subsidiaries is party is the legal, valid and binding obligation of each such Borrower Partyor Subsidiary, enforceable against each of them such Borrower or Subsidiary in accordance with its terms, except as may be limited by equitable principles and by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to creditors’ rights generally.