Common use of Enforceable Obligations Clause in Contracts

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of such Borrower enforceable against such Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 29 contracts

Samples: Revolving Credit Agreement (Dominion Energy, Inc), Revolving Credit Agreement (Virginia Electric & Power Co), Revolving Credit Agreement (Dominion Energy South Carolina, Inc.)

AutoNDA by SimpleDocs

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 28 contracts

Samples: Revolving Credit Agreement (Atmos Energy Corp), Revolving Credit Agreement (Atmos Energy Corp), Term Loan Agreement (Atmos Energy Corp)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 25 contracts

Samples: Sustainability Revolving Credit Agreement (Dominion Energy, Inc), 364 Day Term Loan Credit Agreement (Dominion Energy, Inc), Sustainability Revolving Credit Agreement (Dominion Energy, Inc)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Appears in 20 contracts

Samples: Credit Agreement (Dominion Resources Inc /Va/), Letter of Credit Agreement (Consolidated Natural Gas Co/Va), 364 Day Credit Agreement (Consolidated Natural Gas Co/Va)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute the legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws Debtor Relief Laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 15 contracts

Samples: Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute the legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws Debtor Relief Laws or similar laws affecting creditors' rights generally or by general equitable principles.

Appears in 7 contracts

Samples: Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc)

Enforceable Obligations. This Credit Agreement Agreement, the Notes, and the other Credit Documents to which the Borrower is a party have been duly executed and delivered and constitute by the Borrower. Each Credit Document is the legal, valid valid, and binding obligations obligation of such Borrower the Borrower, enforceable against such the Borrower in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy or insolvency laws any applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws law affecting creditors’ rights generally or and by general equitable principlesprinciples of equity (whether considered in proceeding at law or in equity).

Appears in 7 contracts

Samples: 5 Year Credit Agreement (NOV Inc.), 5 Year Credit Agreement (National Oilwell Varco Inc), Credit Agreement (National Oilwell Varco Inc)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of such Borrower enforceable against such Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Appears in 5 contracts

Samples: Credit Agreement (Consolidated Natural Gas Co/Va), Credit Agreement (Virginia Electric & Power Co), Credit Agreement (Dominion Resources Inc /Va/)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of such Borrower the Borrowers enforceable against such Borrower the Borrowers in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Appears in 5 contracts

Samples: 364 Day Credit Agreement (Duke Energy Field Services LLC), 364 Day Credit Agreement (Duke Energy Field Services LLC), 364 Day Credit Agreement (Duke Energy Field Services LLC)

Enforceable Obligations. This Credit Agreement and the other Credit Documents to which it is a party have been duly executed and delivered and constitute the legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws Debtor Relief Laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 4 contracts

Samples: Term Loan Agreement (PNM Resources Inc), Credit Agreement (Texas New Mexico Power Co), Term Loan Credit Agreement (Texas New Mexico Power Co)

Enforceable Obligations. This The Borrower has duly executed this Credit Agreement and each other Credit Document to which the Borrower is a party and this Credit Agreement and such other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 3 contracts

Samples: Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Quest Diagnostics Inc)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered by the Borrower and constitute legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Appears in 3 contracts

Samples: Multi Year Credit Agreement (Alabama Power Co), Multi Year Credit Agreement (Southern Power Co), Credit Agreement (Mississippi Power Co)

Enforceable Obligations. This Credit Agreement and the other Credit Documents to which it is a party have been duly executed and delivered and constitute the legal, valid and binding obligations of such Borrower enforceable against such Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws Debtor Relief Laws or similar laws affecting creditors' rights generally or by general equitable principles.

Appears in 3 contracts

Samples: Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc)

Enforceable Obligations. This Credit Agreement and the each other Credit Documents have Document has been duly authorized, executed and delivered by the respective Credit Parties, and this Agreement and each other Credit Document constitute legal, valid and binding obligations of such Borrower the Credit Parties, respectively, enforceable against such Borrower the Credit Parties in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditors’ rights generally or and by general equitable principlesprinciples of equity.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Choicepoint Inc), Term Loan Credit Agreement (Choicepoint Inc)

AutoNDA by SimpleDocs

Enforceable Obligations. This Credit Agreement Agreement, and each of the other Credit Documents have been has been, duly executed and delivered on behalf of the Company. This Agreement and constitute each of the other Credit Documents constitutes the legal, valid and binding obligations obligation of such Borrower the Company, and is enforceable against such Borrower the Company in accordance with their respective its terms, except as may be limited by bankruptcy or insolvency laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' rights generally or and by general equitable principlesprinciples of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).

Appears in 2 contracts

Samples: Loan Agreement (NRG Generating U S Inc), Loan Agreement (NRG Generating U S Inc)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered by the Borrower and constitute legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 2 contracts

Samples: Bridge Credit Agreement, Bridge Credit Agreement (Southern Co)

Enforceable Obligations. This Credit Agreement Agreement, and each of the other Credit Documents have been has been, duly executed and delivered on behalf of the Company. This Agreement and constitute each of the other Credit Documents constitutes the legal, valid and binding obligations obligation of such Borrower the Company, and is enforceable against such Borrower the Company in accordance with their respective its terms, except as may be limited by bankruptcy or insolvency laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors, rights generally or and by general equitable principlesprinciples of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).

Appears in 1 contract

Samples: Loan Agreement (NRG Generating U S Inc)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of such Borrower each Credit Party enforceable against such Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principlesgenerally.

Appears in 1 contract

Samples: Credit Agreement (Tultex Corp)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered by the Borrower and constitute legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 1 contract

Samples: Multi Year Credit Agreement (Alabama Power Co)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute the legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws Debtor Relief Laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 1 contract

Samples: Delayed Draw Term Loan Agreement (Public Service Co of New Mexico)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of such Borrower the Borrower, enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 1 contract

Samples: Credit Agreement (Spectra Energy Partners, LP)

Enforceable Obligations. This Credit Term Loan Agreement and the other Credit Documents have been duly executed and delivered by the Borrower and constitute legal, valid and binding obligations of such the Borrower enforceable against such the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 1 contract

Samples: Term Loan Agreement (Alabama Power Co)

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of such Borrower enforceable against such Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Appears in 1 contract

Samples: Line of Credit Agreement (Cornerstone Realty Income Trust Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!