Due Execution, Delivery and Enforceability. From and after its delivery to the Administrative Agent, each Loan Document and Related Document has been duly executed and delivered to the other parties thereto by Emeritus and each Borrower party thereto, as applicable, and is the legal, valid and binding obligation of Emeritus and each Borrower as applicable and is enforceable against such Person in accordance with its terms.
Appears in 2 contracts
Samples: Credit Agreement (Emeritus Corp\wa\), Credit Agreement (Emeritus Corp\wa\)
Due Execution, Delivery and Enforceability. From and after its delivery to the Administrative Agent, each Loan Document and Related Document has been duly executed and delivered to the other parties thereto by Emeritus and each Borrower party thereto, as applicable, and is the legal, valid and binding obligation of Emeritus and each Borrower as applicable and is enforceable against such Person in accordance with its terms, except a such enforceability may be limited by creditors rights laws and general principles of equity.
Appears in 1 contract
Samples: Credit Agreement (Emeritus Corp\wa\)
Due Execution, Delivery and Enforceability. From and after its delivery to the Administrative Agent, each Loan Document and Related Document has been duly executed and delivered to the other parties thereto by Emeritus and each Borrower party thereto, as applicable, and is the legal, valid and binding obligation of Emeritus and each such Borrower as applicable and is enforceable against such Person Borrower in accordance with its terms.
Appears in 1 contract
Samples: Credit Agreement (Emeritus Corp\wa\)