Common use of Enforceable Obligations Clause in Contracts

Enforceable Obligations. This Agreement and the other Loan Documents to which each Loan Party is a party have been, or when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the legal, valid and binding obligations of such Loan Party, enforceable against such Loan Party in accordance with their respective terms, except as may be limited by Debtor Relief Laws or similar laws affecting creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law).

Appears in 6 contracts

Samples: Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD), Term Loan Agreement (Nabors Industries LTD)

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Enforceable Obligations. This Agreement is, and the other Loan Documents to which each any Loan Party is a party have been, or when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the will be, legal, valid and binding obligations of such Loan Party, Party enforceable against such Loan Party in accordance with their respective terms, terms except as such enforcement may be limited by Debtor Relief Laws bankruptcy, insolvency or similar laws affecting Laws of general application relating to the enforcement of creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)rights.

Appears in 5 contracts

Samples: Credit Agreement (NuStar Energy L.P.), Credit Agreement (Sunoco LP), Credit Agreement (Sunoco LP)

Enforceable Obligations. This Agreement and the other Loan Documents to which each US Loan Party is a party have been, or when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the legal, valid and binding obligations of such US Loan Party, enforceable against such US Loan Party in accordance with their respective terms, except as may be limited by Debtor Relief Laws or similar laws affecting creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law).

Appears in 5 contracts

Samples: Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD)

Enforceable Obligations. This Agreement Agreement, the Notes, and the other Loan Documents to which each any Loan Party is a party have been, or when delivered hereunder will be, been duly executed and delivered by or on behalf of it and constitute such Loan Parties. Each Loan Document is the legal, valid valid, and binding obligations obligation of such Loan Party, the Borrower and each Guarantor which is a party to it enforceable against the Borrower and each such Loan Party Guarantor in accordance with their respective its terms, except as such enforceability may be limited by any applicable Debtor Relief Laws or similar laws affecting creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)Laws.

Appears in 5 contracts

Samples: Credit Agreement (Penn Virginia Corp), Master Assignment, Borrowing Base Increase Agreement, and Amendment No. 6 to Credit Agreement (Penn Virginia Corp), Credit Agreement (CVR Energy Inc)

Enforceable Obligations. This Agreement and the each other Loan Documents Document to which each any Loan Party is a party have beenbeen duly executed and delivered by such Loan Party. This Agreement is, or and each other Loan Document when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the legal, valid and binding obligations of such each Loan Party, a party thereto, enforceable against each such Loan Party in accordance with their respective terms, terms except as such enforcement may be limited by Debtor Relief Laws applicable bankruptcy, insolvency, reorganization or other similar laws affecting relating to or limiting creditors' rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)generally.

Appears in 4 contracts

Samples: Credit Agreement (Georgia Pacific Corp), Credit Agreement (Georgia Pacific Corp), Credit Agreement (Georgia Pacific Corp)

Enforceable Obligations. This Agreement is, and the other Loan Documents to which each Loan Party is a party have been, or when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the will be, legal, valid and binding obligations of such each Loan PartyParty that is a party thereto, enforceable against such Loan Party in accordance with their respective terms, terms except as such enforcement may be limited by Debtor Relief Laws bankruptcy, insolvency or similar laws affecting Laws of general application relating to the enforcement of creditors’ rights generally and or by general equitable principles (of equity, regardless of whether considered in a proceeding in equity or at law).

Appears in 3 contracts

Samples: Credit Agreement (Qep Resources, Inc.), Credit Agreement (QEP Midstream Partners, LP), Credit Agreement (QEP Midstream Partners, LP)

Enforceable Obligations. This Agreement Agreement, the Notes, and the other Loan Documents to which each Loan Party is a party have been, or when delivered hereunder will be, been duly executed and delivered by or on behalf of it and constitute such Loan Party. Each Loan Document is the legal, valid valid, and binding obligations obligation of such the Loan Party, Party which is a party to it enforceable against each such Loan Party in accordance with their respective its terms, except as such enforceability may be limited by Debtor Relief Laws any applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws law affecting the enforcement of creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)equity.

Appears in 3 contracts

Samples: Borrowing Base Agreement (TXO Partners, L.P.), Credit Agreement (TXO Partners, L.P.), Credit Agreement (MorningStar Partners, L.P.)

Enforceable Obligations. This Agreement is, and the other Loan Documents to which each Loan Party is a party have been, or when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the will be, legal, valid and binding obligations of such each Loan PartyParty which is a party hereto or thereto, enforceable against such Loan Party in accordance with their respective terms, terms except as such enforcement may be limited by Debtor Relief Laws bankruptcy, insolvency or similar laws affecting Laws of general application relating to the enforcement of creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)rights.

Appears in 2 contracts

Samples: Credit Agreement (Questar Market Resources Inc), Term Loan Credit Agreement (Questar Market Resources Inc)

Enforceable Obligations. This Agreement has been, and the each other Loan Documents to which each Loan Party is a party Document, when delivered hereunder, will have been, or when delivered hereunder will be, duly executed and delivered by or on behalf of it each Loan Party, that is a party thereto. This Agreement constitutes, and constitute the each other Loan Document when so delivered will constitute, a legal, valid and binding obligations obligation of such Loan Party, enforceable against each such Loan Party that is party thereto in accordance with their respective its terms, except as such enforceability may be limited by any Debtor Relief Laws or similar laws affecting creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)equity.

Appears in 2 contracts

Samples: Credit Agreement (CorEnergy Infrastructure Trust, Inc.), Credit Agreement (CorEnergy Infrastructure Trust, Inc.)

Enforceable Obligations. This Agreement is, and the other Loan Documents to which each Loan Party is a party have been, or when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the will be, legal, valid and binding obligations of such Loan Party, enforceable against each such Loan Party enforceable in accordance with their respective terms, terms except as such enforcement may be limited by Debtor Relief Laws bankruptcy, insolvency or similar laws affecting Laws of general application relating to the enforcement of creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)rights.

Appears in 2 contracts

Samples: Credit Agreement (Sunoco Logistics Partners L.P.), Credit Agreement (Sunoco Logistics Partners L.P.)

Enforceable Obligations. This Agreement and the other Loan Documents to which each Loan Party is a party have been, or when delivered hereunder will be, been duly executed and delivered by or on behalf of it and constitute the legal, valid and binding obligations of such Loan Party, each Credit Party which is a party thereto enforceable against such Loan Credit Party in accordance with their respective terms, except as may be limited by Debtor Relief Laws bankruptcy or insolvency laws or similar laws affecting creditors' rights generally and or by general equitable principles (regardless of whether considered in a proceeding in equity or at law)principles.

Appears in 1 contract

Samples: Credit Agreement (DCP Midstream Partners, LP)

Enforceable Obligations. This Agreement and the each other Loan Documents Document to which each any Loan Party is a party have beenbeen duly executed and delivered by such Person. This Agreement is, or and each other Loan Document when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the legal, valid and binding obligations of such Loan Partyeach Person party thereto, enforceable against each such Loan Party Person in accordance with their respective terms, terms except as such enforcement may be limited by Debtor Relief Laws applicable bankruptcy, insolvency, reorganization or other similar laws affecting relating to or limiting creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)generally.

Appears in 1 contract

Samples: Credit Agreement (Georgia Pacific Corp)

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Enforceable Obligations. This Agreement is, and the other Loan Documents to which each Loan Party is a party have been, or when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the will be, legal, valid and binding obligations of such each Loan PartyParty and each of its respective Subsidiaries to the extent it is a party hereto or thereto, enforceable against such Loan Party or Subsidiary in accordance with their respective terms, terms except as such enforcement may be limited by Debtor Relief Laws bankruptcy, insolvency or similar laws affecting Laws of general application relating to the enforcement of creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law).rights. 55 [FIFTH AMENDED AND RESTATED CREDIT AGREEMENT]

Appears in 1 contract

Samples: Credit Agreement (RAAM Global Energy Co)

Enforceable Obligations. This Agreement is, and the other Loan Documents to which each Loan Party is a party have been, or when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the will be, legal, valid and binding obligations of such each Loan PartyParty which is a party hereto or thereto, enforceable against such Loan Party in accordance with their respective terms, terms except as such enforcement may be limited by Debtor Relief Laws bankruptcy, insolvency or similar laws affecting Laws of general application relating to the enforcement of creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)' rights.

Appears in 1 contract

Samples: Credit Agreement (Genesis Energy Lp)

Enforceable Obligations. This Agreement and the each other Loan Documents ----------------------- Document to which each any Loan Party is a party have beenbeen duly executed and delivered by such Loan Party. This Agreement is, or and each other Loan Document when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the legal, valid and binding obligations of such each Loan Party, a party thereto, enforceable against each such Loan Party in accordance with their respective terms, terms except as such enforcement may be limited by Debtor Relief Laws applicable bankruptcy, insolvency, reorganization or other similar laws affecting relating to or limiting creditors' rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)generally.

Appears in 1 contract

Samples: Credit Agreement (Georgia Pacific Corp)

Enforceable Obligations. This Agreement has been duly executed and ----------------------- delivered by Borrower. On and after the Effective Date, this Agreement is, and the other Loan Documents to which each any Loan Party is or will be a party have been, or when delivered hereunder will be, duly executed and delivered by or on behalf of it and constitute the legal, valid and binding obligations of such Loan Party, enforceable against such Loan Party in accordance with their respective terms, except as may be limited by Debtor Relief Laws or similar laws affecting creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Credit Agreement (Loehmanns Inc)

Enforceable Obligations. This Agreement and the other Loan Facility Documents to which each Loan Party is a party have been, or when delivered hereunder will be, been duly executed and delivered by or on behalf of it and constitute the legal, valid and binding obligations of such each Loan Party, Party thereto enforceable against such Loan Party in accordance with their respective terms, except as may be limited by Debtor Relief Laws bankruptcy or insolvency lave or similar laws affecting creditors' rights generally and or by general equitable principles (regardless of whether considered in a proceeding in equity or at law)principles.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Cornerstone Properties Inc)

Enforceable Obligations. This Agreement Agreement, the Notes, and the other Loan Documents to which each any Loan Party is a party have been, or when delivered hereunder will be, been duly executed and delivered by or on behalf of it and constitute such Loan Party. Each Loan Document is the legal, valid valid, and binding obligations obligation of such the Loan PartyParty party to it, enforceable against such Loan Party in accordance with their respective its terms, except as such enforceability may be limited by any Debtor Relief Laws or similar laws affecting creditors’ rights generally and by general equitable principles (regardless of whether considered in a proceeding in equity or at law)Law.

Appears in 1 contract

Samples: Credit Agreement (Silver Run Acquisition Corp II)

Enforceable Obligations. This Agreement and the other Loan Documents to which each Loan Party is a party Notes have been, or when delivered hereunder will be, been duly executed and delivered by or on behalf of it the Loan Parties, and constitute the legal, valid and binding obligations obligation of such each Loan Party, enforceable against such Loan Party it in accordance with their respective terms, except as enforceability may be limited by Debtor Relief Laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditors' rights generally and by general equitable principles of equity (regardless of whether considered enforcement is sought in a proceeding in equity or at law).

Appears in 1 contract

Samples: Loan and Security Agreement (Lp Innovations Inc)

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