Common use of Execution and Binding Effect Clause in Contracts

Execution and Binding Effect. This Agreement and each other Loan Document to which any Borrower is a party and which is required to be delivered on or before the Closing Date pursuant to Section 3.1 hereof has been duly and validly executed and delivered by such Borrower. This Agreement and each other Loan Document constitutes, the legal, valid and binding obligation of each Borrower, enforceable against each Borrower in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 3 contracts

Samples: Credit Agreement (Nco Group Inc), Credit Agreement (Nco Group Inc), Credit Agreement (Nco Group Inc)

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Execution and Binding Effect. This Agreement and each other Loan Document to which any Borrower is a party and which is required to be delivered on or before the Closing Date pursuant to Section 3.1 4.1 hereof has been duly and validly executed and delivered by such Borrower. This Agreement constitutes, and each other Loan Document constituteswhen executed and delivered by Borrower will constitute, the legal, valid valid, and binding obligation of each Borrower, the Borrower enforceable against each Borrower in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 3 contracts

Samples: Credit Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises, Inc.)

Execution and Binding Effect. This Agreement and each other Loan Document to which any Borrower Obligor is a party and which is required to be delivered on or before the Closing Date pursuant to Section 3.1 hereof has been duly and validly executed and delivered by such BorrowerObligor. This Agreement Agreement, and each other Loan Document constitutesconstitute, the legal, valid and binding obligation of each BorrowerObligor, enforceable against each Borrower in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 1 contract

Samples: Credit Agreement (Nco Group Inc)

Execution and Binding Effect. This Agreement and each other Loan Document to which any Borrower is a party and which is required to be delivered on or before the Closing Date pursuant to Section 3.1 hereof has been duly and validly executed and delivered by such Borrowereach Borrower which is a party hereto or thereto, as the case may be. This Agreement and each other Loan Document constitutes, constitutes the legal, valid and binding obligation of each BorrowerBorrower which is a party hereto or thereto, as the case may be, enforceable against each such Borrower in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 1 contract

Samples: Credit Agreement (Genesis Health Ventures Inc /Pa)

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Execution and Binding Effect. This Agreement and each other Loan Document to which any the Borrower is a party and which is required to be delivered on or before the Closing Date pursuant to Section 3.1 hereof has been duly and validly executed and delivered by such the Borrower. This Agreement Agreement, and each other Loan Document constitutesconstitute, the legal, valid and binding obligation of each the Borrower, enforceable against each the Borrower in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 1 contract

Samples: Credit Agreement (Nco Group Inc)

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