Common use of Enforceability of Loan Documents Clause in Contracts

Enforceability of Loan Documents. This Agreement is, and each other Loan Document to which each Borrower and each Guarantor is or will be a party, when delivered hereunder, will be, a legal, valid and binding obligation of the Borrowers and the Guarantors, enforceable against the Borrowers and the Guarantors in accordance with its terms.

Appears in 3 contracts

Samples: Credit Agreement (Decorative Home Accents Inc), Credit Agreement (Decorative Home Accents Inc), Credit Agreement (Decorative Home Accents Inc)

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Enforceability of Loan Documents. This Agreement is, and each other Loan Document to which each the Borrower and each Guarantor is or will be a party, when delivered hereunder, will be, a legal, valid and binding obligation of the Borrowers and the GuarantorsBorrower, enforceable against the Borrowers and the Guarantors Borrower in accordance with its terms.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sun Television & Appliances Inc)

Enforceability of Loan Documents. This Agreement is, and each the other Loan Document Documents to which each any Borrower and each Guarantor is or will be a partyparty are, and when delivered hereunder, will be, a legal, valid and binding obligation of the Borrowers and the Guarantorssuch Borrower, enforceable against the Borrowers and the Guarantors such Borrower in accordance with its terms.

Appears in 1 contract

Samples: Credit Agreement (Gs Technologies Operating Co Inc)

Enforceability of Loan Documents. This Agreement is, and each -------------------------------- other Loan Document to which each Borrower and each Guarantor is or will be a party, when delivered hereunder, will be, a legal, valid and binding obligation of the Borrowers Borrower and the Guarantors, enforceable against the Borrowers each Borrower and the Guarantors Guarantor in accordance with its terms.

Appears in 1 contract

Samples: Financing Agreement (Happy Kids Inc)

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Enforceability of Loan Documents. This Agreement is, and each other Loan Document to which each the Borrower and each or the Guarantor is or will be a party, when delivered hereunder, will be, be a legal, valid and binding obligation of the Borrowers and the Guarantorssuch Person, enforceable against the Borrowers and the Guarantors such Person in accordance with its terms.

Appears in 1 contract

Samples: Term Loan Agreement (MTR Gaming Group Inc)

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