Corporate Power and Authority, etc. Each Credit Party has the corporate, partnership or other organizational power and authority to execute, deliver and carry out the terms and provisions of the Credit Documents and the Equity Financing Documents to which it is party and has taken all necessary corporate or other organizational action to authorize the execution, delivery and performance of the Credit Documents to which it is party. Each Credit Party has duly executed and delivered each Credit Document and the Equity Financing Documents to which it is party and each Credit Document and each Equity Financing Document to which it is party constitutes the legal, valid and binding agreement and obligation of such Credit Party enforceable in accordance with its terms, except to the extent that the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws generally affecting creditors’ rights and by equitable principles (regardless of whether enforcement is sought in equity or at law).
Appears in 2 contracts
Samples: Credit Agreement (American Dental Partners Inc), Credit Agreement (American Dental Partners Inc)
Corporate Power and Authority, etc. Each Credit Party has the corporate, partnership corporate or other organizational power and authority to execute, deliver and carry out the terms and provisions of the Credit Documents and the Equity Financing Documents to which it is party and has taken all necessary corporate or other organizational action to authorize the execution, delivery and performance of the Credit Documents, the Target Acquisition Documents and Bridge Note Documents to which it is party. Each Credit Party has duly executed and delivered each Credit Document, Target Acquisition Document and the Equity Financing Documents Bridge Note Document to which it is party and each Credit Document, Target Acquisition Document and each Equity Financing Bridge Note Document to which it is party constitutes the legal, valid and binding agreement and or obligation of such Credit Party enforceable in accordance with its terms, except to the extent that the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws generally affecting creditors’ ' rights and by equitable principles (regardless of whether enforcement is sought in equity or at law).
Appears in 1 contract
Samples: Credit Agreement (Om Group Inc)
Corporate Power and Authority, etc. Each Credit Party has the corporate, partnership corporate or other organizational power and authority to execute, deliver and carry out the terms and provisions of the Credit Documents and the Equity Financing Documents to which it is party and has taken all necessary corporate or other organizational action to authorize the execution, delivery and performance of the Credit Documents and the Public Note Documents to which it is party. Each Credit Party has duly executed and delivered each Credit Document and the Equity Financing Documents Public Note Document to which it is party and each Credit Document and each Equity Financing Public Note Document to which it is party constitutes the legal, valid and binding agreement and or obligation of such Credit Party enforceable in accordance with its terms, except to the extent that the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws generally affecting creditors’ ' rights and by equitable principles (regardless of whether enforcement is sought in equity or at law).
Appears in 1 contract
Samples: Credit Agreement (Stoneridge Inc)