Common use of Enforceability of Transaction Documents Clause in Contracts

Enforceability of Transaction Documents. This Agreement is, and each other Loan Document and other Transaction Document to which each Company is or will be a party, when delivered hereunder, will be, a legal, valid and binding obligation of such Company, enforceable against such Company in accordance with its terms except to the extent that the enforceability thereof may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws from time to time in effect affecting generally, the enforcement of creditors’ rights and remedies and by general principles of equity.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alon USA Energy, Inc.)

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Enforceability of Transaction Documents. This Agreement is, and each other Loan Document and other Transaction Document to which each Company any Loan Party is or will be a party, when delivered hereunder, will be, a legal, valid and binding obligation of such CompanyPerson, enforceable against such Company Person in accordance with its terms terms, except to the extent that the as enforceability thereof may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws from time to time in effect affecting generally, the enforcement of creditors' rights and remedies generally and by general principles of equity.

Appears in 1 contract

Samples: Financing Agreement (Hc2 Holdings, Inc.)

Enforceability of Transaction Documents. This Agreement is, and each other Loan Document and other Transaction Document to which each Company and the Parent is or will be a party, when delivered hereunder, will be, a legal, valid and binding obligation of such Company, enforceable against such Company in accordance with its terms except to the extent that the enforceability thereof may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws from time to time in effect affecting generally, the enforcement of creditors' rights and remedies and by general principles of equity.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alon USA Energy, Inc.)

Enforceability of Transaction Documents. This Agreement is, and each other Loan Document and other Transaction Document to which each Company is or will be a party, when delivered hereunder, will be, a legal, valid and binding obligation of such Company, enforceable against such Company in accordance with its terms except to the extent that the enforceability thereof may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws from time to time in effect affecting generally, the enforcement of creditors' rights and remedies and by general principles of equity.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alon USA Energy, Inc.)

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Enforceability of Transaction Documents. This Agreement is, and each other Loan Document and other Transaction Document to which each Company and the Parent is or will be a party, when delivered hereunder, will be, a legal, valid and binding obligation of such Company, enforceable against such Company in accordance with its terms except to the extent that the enforceability thereof may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws from time to time in effect affecting generally, the enforcement of creditors’ rights and remedies and by general principles of equity.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alon USA Energy, Inc.)

Enforceability of Transaction Documents. This Agreement is, and each other Loan Document and other Transaction Document to which each Company any Loan Party is or will be a party, when delivered hereunder, will be, a legal, valid and binding obligation of such CompanyPerson, enforceable against such Company Person in accordance with its terms terms, except to the extent that the as enforceability thereof may be limited by any (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws from time to time in effect affecting generally, creditors' rights generally and (ii) the enforcement of creditors’ rights and remedies and by general principles of equity, regardless of whether asserted in a proceeding in equity or at law.

Appears in 1 contract

Samples: Financing Agreement (Zagg INC)

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