Common use of Enforceability of Loan Documents Clause in Contracts

Enforceability of Loan Documents. This Amendment and the Financing Agreement, as amended by this Amendment, when delivered hereunder, will be a legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.

Appears in 5 contracts

Samples: Financing Agreement (Peekay Boutiques, Inc.), Financing Agreement (Peekay Boutiques, Inc.), Financing Agreement (Peekay Boutiques, Inc.)

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Enforceability of Loan Documents. This Amendment and is the Financing Agreement, as amended by this Amendment, when delivered hereunder, will be a legal, valid valid, and binding obligation of such Personthe Borrower, enforceable against such Person the Borrower in accordance with its terms, except as enforceability may be limited by applicable subject to bankruptcy, insolvency, reorganization, moratorium or other and similar laws affecting the enforceability of creditors' ’ rights generallygenerally and to general principles of equity.

Appears in 3 contracts

Samples: Credit Agreement (Moneylion Inc.), Credit Agreement (Moneylion Inc.), Credit Agreement (Moneylion Inc.)

Enforceability of Loan Documents. This Amendment and the Financing Agreement, as amended by this Amendment, when delivered hereunder, will be is a legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generallygenerally and by principles of equity.

Appears in 2 contracts

Samples: Financing Agreement (Turtle Beach Corp), Financing Agreement (Propel Media, Inc.)

Enforceability of Loan Documents. This Amendment and the Financing Agreement, as amended by this Amendment, when delivered hereunder, will be is a legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' ’ rights generallygenerally and by principles of equity.

Appears in 1 contract

Samples: Financing Agreement (Propel Media, Inc.)

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Enforceability of Loan Documents. This Amendment and the Financing Agreement, Agreement as amended by this Amendment, when delivered hereunder, will be a legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Financing Agreement (Dico, Inc.)

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