Common use of Enforceability of Credit Documents Clause in Contracts

Enforceability of Credit Documents. Each Credit Document to which Borrower is a party is a legal, valid and binding agreement of Borrower, enforceable against Borrower in accordance with its terms, except for bankruptcy and similar laws affecting the enforcement of creditors’ rights generally and for the application of general equitable principles.

Enforceability of Credit Documents. Each Credit Document to which Borrower is a party is a legal, valid and binding agreement of Borrower, enforceable against Borrower in accordance with its terms, except for bankruptcy and similar laws affecting the enforcement of creditors’ ' rights generally and for the application of general equitable principles.