Enforceability of Facility Documents. Each of this Agreement and each other Facility Document to be delivered by the Servicer in connection herewith constitutes the legal, valid and binding obligation of the Servicer enforceable against the Servicer 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)
Enforceability of Facility Documents. Each of this This Agreement and each other Facility Document to be delivered by the Servicer in connection herewith constitutes the legal, valid and binding obligation of the Servicer enforceable against the Servicer 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 This Agreement and each other Facility Document to be delivered by the Servicer in connection herewith constitutes constitute the legal, valid and binding obligation of the Servicer enforceable against the Servicer in accordance with its termstheir respective terms subject, subject as to the Enforceability Exceptionsenforcement of remedies, to bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting the enforceability of creditors' rights generally applicable in the event of the bankruptcy, insolvency or reorganization of the Servicer and to general principles of equity.
Appears in 1 contract
Samples: Asset Purchase Agreement (Litchfield Financial Corp /Ma)
Enforceability of Facility Documents. Each of this This Agreement and each ------------------------------------ other Facility Document to be delivered by the Servicer in connection herewith constitutes constitute the legal, valid and binding obligation of the Servicer enforceable against the Servicer 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 This Agreement and each ------------------------------------ other Facility Document to be delivered by the Servicer in connection herewith constitutes constitute the legal, valid and binding obligation of the Servicer enforceable against the Servicer in accordance with its their respective terms, subject to the Enforceability Exceptions.
Appears in 1 contract
Samples: Lease Receivables Purchase Agreement (Bankvest Capital Corp)
