Execution and Delivery and Binding Nature of Borrower Loan Documents. The Loan Documents have been duly executed and delivered by or on behalf of Borrower. The Loan Documents are legal, valid, and binding obligations of Borrower, enforceable in accordance with their terms against Borrower, except as such enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization, or similar laws and by equitable principles of general application.
Appears in 3 contracts
Samples: Master Revolving Line of Credit Loan Agreement (Crescent Operating Inc), Udc Master Revolving Line of Credit Loan Agreement (Borrowing Base) (Udc Homes Inc), Master Revolving Line of Credit Loan Agreement (Crescent Operating Inc)
Execution and Delivery and Binding Nature of Borrower Loan Documents. The Borrower Loan Documents have been duly executed and delivered by or on behalf of Borrower. The Borrower Loan Documents are legal, valid, and binding obligations of Borrower, enforceable in accordance with their terms against Borrower, except as such enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization, or similar laws and by equitable principles of general application.
Appears in 3 contracts
Samples: Loan Agreement (Employee Solutions Inc), Loan and Security Agreement (Inter Tel Inc), Loan Agreement (Continental Homes Holding Corp)