Enforceable Obligation. This Agreement constitutes a legal, valid and binding obligation of each Guarantor, enforceable against such Guarantor in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally, by general equitable principles (whether enforcement is sought by proceedings in equity or at law) and by public policies limiting exculpation, indemnification or contribution.
Appears in 5 contracts
Samples: Term Loan Facility (Synopsys Inc), Credit Agreement (Synopsys Inc), Credit Agreement (Synopsys Inc)