Common use of Enforceable Agreements Clause in Contracts

Enforceable Agreements. This Agreement and any related Loan Documents, including any instrument or agreement required hereunder or thereunder, are legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms, except as enforceability may be limited by: (i) bankruptcy, insolvency, moratorium and other similar laws affecting the enforcement of creditors’ rights generally; and (ii) equitable principles whether applied in an action at law or a proceeding in equity.

Appears in 6 contracts

Samples: Commercial Loan Agreement, Commercial Loan Agreement (ICON ECI Fund Sixteen), Commercial Loan Agreement (Icon Eci Fund Fifteen, L.P.)

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Enforceable Agreements. This Agreement and any related Loan Documents, including any instrument or agreement required hereunder or thereunder, are legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms, except as enforceability may be limited by: (i) bankruptcy, insolvency, moratorium and other similar laws affecting the enforcement of creditors' rights generally; and (ii) equitable principles whether applied in an action at law or a proceeding in equity.

Appears in 2 contracts

Samples: Commercial Loan Agreement (ICON Leasing Fund Twelve, LLC), Commercial Loan Agreement (ICON Equipment & Corporate Infrastructure Fund Fourteen, L.P.)

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Enforceable Agreements. This Agreement and any related Loan ---------------------- Documents, including any instrument or agreement required hereunder or thereunder, are legal, valid and binding obligations of Borrower, enforceable against Borrower Borrower, in accordance with their respective terms, except as enforceability may and any instrument or agreement required hereunder or thereunder, when executed and delivered, will be limited by: (i) bankruptcysimilarly legal, insolvencyvalid, moratorium binding and other similar laws affecting the enforcement of creditors’ rights generally; and (ii) equitable principles whether applied in an action at law or a proceeding in equityenforceable.

Appears in 1 contract

Samples: Commercial Loan Agreement (Artest Corp)

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