Common use of Enforceability of Facility Documents Clause in Contracts

Enforceability of Facility Documents. Each of this Agreement, the Purchase Agreement and each other Facility Document to be delivered by the Borrower in connection herewith, constitutes the legal, valid and binding obligation of the Borrower enforceable against the Borrower in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 21 contracts

Samples: Loan and Servicing Agreement (Tampa Electric Co), Loan and Servicing Agreement (Drivetime Automotive Group Inc), Loan and Servicing Agreement (Drivetime Automotive Group Inc)

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Enforceability of Facility Documents. Each of this Agreement, the Purchase Sale and Contribution Agreement and each other Facility Document to be delivered by the Borrower in connection herewith, constitutes the legal, valid and binding obligation of the Borrower enforceable against the Borrower in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 9 contracts

Samples: Receivables Loan Agreement (Hilton Grand Vacations Inc.), Receivables Loan Agreement (Hilton Grand Vacations Inc.), Sale and Contribution Agreement (Hilton Grand Vacations Inc.)

Enforceability of Facility Documents. Each of this Agreement, the Purchase Receivables Sale Agreement and each other Facility Document to be delivered by the Borrower in connection herewith, constitutes the legal, valid and binding obligation of the Borrower enforceable against the Borrower in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 5 contracts

Samples: Receivables Loan and Servicing Agreement (NRG Energy, Inc.), Receivables Loan and Servicing Agreement (NRG Energy, Inc.), Receivables Loan and Servicing Agreement (NRG Energy, Inc.)

Enforceability of Facility Documents. Each of this Agreement, the Purchase Agreement and each other Facility Document to be delivered by the Borrower it in connection herewith, constitutes the legal, valid and binding obligation of the Borrower it, enforceable against the Borrower it in accordance with its respective terms, subject to the Enforceability Exceptions.

Appears in 3 contracts

Samples: Purchase and Contribution Agreement (Tampa Electric Co), Purchase and Contribution Agreement (Teco Energy Inc), Purchase and Contribution Agreement (Sherwin Williams Co)

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Enforceability of Facility Documents. Each of this Agreement, the Purchase This Agreement and each ------------------------------------ other Facility Document to be delivered by the Borrower in connection herewith, constitutes herewith constitute the legal, valid and binding obligation of the Borrower enforceable against the Borrower in accordance with its their respective terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Lease Receivables Credit Agreement (Leasing Solutions Inc)

Enforceability of Facility Documents. Each of this Agreement, the Purchase This Agreement and each other Facility Document to be delivered by the Borrower it in connection herewith, constitutes the legal, valid and binding obligation of the Borrower it, enforceable against the Borrower it in accordance with its respective terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Hilton Grand Vacations Inc.)

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