Common use of Enforceability of Loan Documents -- Guarantors Clause in Contracts

Enforceability of Loan Documents -- Guarantors. The Loan Documents to which each of the Guarantors is a party, and all certificates, documents and agreements executed in connection therewith by the Guarantors have each been duly executed and delivered by the duly authorized officers or members or managers, as the case may be, of the Guarantors and constitute the valid and binding obligations of such Guarantors, enforceable in accordance with their respective terms, except as enforcement thereof may be limited by applicable bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium or similar laws affecting the enforcement of creditor’s rights, generally and by general principles of equity (regardless of whether enforcement is considered in a proceeding in law or equity).

Appears in 2 contracts

Samples: Credit Agreement (Noble International, Ltd.), Credit Agreement (Noble International, Ltd.)

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Enforceability of Loan Documents -- Guarantors. The Loan Documents to which each any of the Guarantors is a party, and all certificates, documents and agreements executed in connection therewith by the Guarantors Guarantors, have each been duly executed and delivered by the duly authorized officers or members or managers, as the case may be, of the Guarantors and constitute the valid and binding obligations of such Guarantors, enforceable in accordance with their respective terms, except as enforcement thereof may be limited by applicable bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium or similar laws affecting the enforcement of creditor’s 's rights, generally and by general principles of equity (regardless of whether enforcement is considered in a proceeding in law or equity).

Appears in 1 contract

Samples: Revolving Credit Agreement (Plastipak Holdings Inc)

Enforceability of Loan Documents -- Guarantors. The Loan Documents Documents, to which each of the Guarantors is a party, and all certificates, documents and agreements executed in connection therewith by the Guarantors have each been (or, when executed and delivered, will be) duly executed and delivered by the duly authorized officers or members or managers, as the case may be, of the Guarantors each such Guarantor and constitute (or will constitute, when executed and delivered) the valid and binding obligations of each such GuarantorsGuarantor, enforceable in accordance with their respective terms, except as enforcement thereof may be limited by applicable bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium or similar laws affecting the enforcement of creditor’s rights, generally and by general principles of equity (regardless of whether enforcement is considered in a proceeding in law or equity).

Appears in 1 contract

Samples: Revolving Credit Agreement (Multimedia Games Inc)

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Enforceability of Loan Documents -- Guarantors. The Loan Documents to which each of the Guarantors is a party, and all certificates, documents and agreements executed in connection therewith by the Guarantors have each been duly executed and delivered by the duly authorized officers or members or managers, as the case may be, of the Guarantors and constitute the valid and binding obligations of such Guarantors, enforceable in accordance with their respective terms, except as enforcement thereof may be limited by applicable bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium or similar laws affecting the enforcement of creditor’s 's rights, generally and by general principles of equity (regardless of whether enforcement is considered in a proceeding in law or equity).. 7.9

Appears in 1 contract

Samples: Autocam Corp/Mi

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