Enforceable Agreement. This Agreement and the other Loan Documents are the legal, valid and binding agreements of Borrower and each other party thereto, enforceable against Borrower and each such other party in accordance with their respective terms, and any instrument or agreement required hereunder, when executed and delivered, will be similarly legal, valid, binding and enforceable.
Appears in 3 contracts
Samples: Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace)
Enforceable Agreement. This Agreement and the other Loan Documents are the legal, valid and binding agreements of Borrower and each other party thereto, enforceable against Borrower and each such other party in accordance with their respective terms, and any instrument or agreement required hereunderDocuments, when executed and delivered, will constitute the duly authorized, valid and legally binding obligations of the party required to execute the same and will be similarly legalenforceable strictly in accordance with their respective terms. No basis presently exists for (i) any claim against Lender under this Agreement, validunder the other Loan Documents or with respect to the Loan or (ii) to the best of each Borrower's knowledge, binding any defense of any kind to the enforcement of this Agreement and enforceablethe other Loan Documents.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Hypercom Corp)
Enforceable Agreement. This Agreement and the other Loan Documents any related loan documents, are the legal, valid and binding agreements of Borrower and each other party theretoBorrower, enforceable against Borrower and each such other party in accordance with their respective terms, and any instrument or agreement required hereunderhereunder or thereunder, when executed and delivered, will be similarly legal, valid, binding and enforceable.
Appears in 2 contracts
Samples: Commercial Loan Agreement (Novellus Systems Inc), Commercial Loan Agreement (Novellus Systems Inc)
Enforceable Agreement. This Agreement is, and each of the other Loan Documents are the when delivered under this Agreement will be, a legal, valid and binding agreements obligation of Borrower and each other party thereto, enforceable against Borrower and each such other party it in accordance with their respective its terms, and any instrument or agreement required hereunder, when executed and delivered, will be similarly legal, valid, binding and enforceable.
Appears in 1 contract
Samples: Loan Agreement (Diversified Corporate Resources Inc)