Due Execution and Enforceability. The Credit Documents have been duly executed and delivered on behalf of Credit Parties, and constitute the legal, valid and binding obligation of Credit Parties enforceable against Credit Parties in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditor's rights generally, and general principles of equity which may limit the availability of equitable remedies.
Appears in 4 contracts
Samples: Credit Agreement (Colonial Realty Limited Partnership), Credit Agreement (Monarch Properties Inc), Credit Agreement (Colonial Properties Trust)
