Common use of Execution, Delivery and Enforceability Clause in Contracts

Execution, Delivery and Enforceability. This Amendment has been duly executed and delivered by each Loan Party. This Amendment constitutes a legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is party thereto in accordance with its terms, except to the extent that the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws generally affecting creditors’ rights and by equitable principles (regardless of whether enforcement is sought in equity or at law).

Appears in 2 contracts

Samples: Credit Agreement (Turning Point Brands, Inc.), Credit Agreement (Turning Point Brands, Inc.)

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Execution, Delivery and Enforceability. This Amendment has been duly executed and delivered by each Loan Party. This Amendment constitutes Party which is a party thereto and are the legal, valid and binding obligation obligations of such Loan Party, enforceable against each Loan Party that is party thereto in accordance with its their terms, except to the extent that the as enforceability thereof may be limited affected by applicable bankruptcy, insolvency, reorganizationand similar proceedings affecting the rights of creditors generally, moratorium or other similar laws generally affecting creditorsand general principles of equity. The Agentsrights Liens in all Collateral continue to be valid, binding and by equitable principles (regardless of whether enforcement is sought in equity or at law)enforceable Liens which secure the Borrower Obligations.

Appears in 2 contracts

Samples: Credit Agreement and Guarantee and Collateral Agreement (Affirmative Insurance Holdings Inc), Credit Agreement (Affirmative Insurance Holdings Inc)

Execution, Delivery and Enforceability. This Amendment has been duly executed and delivered by each Loan Party. This Amendment constitutes a legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is party thereto in accordance with its terms, except to the extent that the as such enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws generally affecting creditors’ rights and by equitable principles (regardless of whether enforcement is sought in equity or at law)Enforcement Qualifications. ARTICLE V MISCELLANEOUS Section 5.01.

Appears in 2 contracts

Samples: Credit Agreement (Redwire Corp), Credit Agreement (Redwire Corp)

Execution, Delivery and Enforceability. This Amendment has been duly executed and delivered by each Loan Party. This Amendment constitutes a legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is party thereto in accordance with its terms, except to the extent that the as such enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws generally affecting creditors’ rights and by equitable principles (regardless of whether enforcement is sought in equity or at law).Enforcement Qualifications. ARTICLE V

Appears in 1 contract

Samples: Credit Agreement (Redwire Corp)

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Execution, Delivery and Enforceability. This Amendment has been duly executed and delivered by each Loan Party. This Amendment constitutes Party which is a party thereto and are the legal, valid and binding obligation obligations of such Loan Party, enforceable against each Loan Party that is party thereto in accordance with its their terms, except to the extent that the as enforceability thereof may be limited affected by applicable bankruptcy, insolvency, reorganizationand similar proceedings affecting the rights of creditors generally, moratorium or other similar laws generally affecting creditors’ rights and by equitable general principles (regardless of whether enforcement is sought equity. The Agents' Liens in equity or at law)all Collateral continue to be valid, binding and enforceable Liens which secure the Borrower Obligations.

Appears in 1 contract

Samples: Credit Agreement (Affirmative Insurance Holdings Inc)

Execution, Delivery and Enforceability. This Amendment has and the Consent and the Credit Agreement as amended hereby and each other Loan Document have been duly executed and delivered by each Loan Party. This Amendment constitutes a Party party thereto and are the legal, valid and binding obligation obligations of such Loan Party, enforceable against each Loan Party that is party thereto in accordance with its their terms, except to the extent that the as enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement creditors' rights generally affecting creditors’ rights and or by general equitable principles (regardless of whether enforcement is sought in equity or at law)principles.

Appears in 1 contract

Samples: Credit Agreement and Limited Waiver (Special Metals Corp)

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