Common use of Legal Agreements Clause in Contracts

Legal Agreements. Each of the Loan Documents constitutes the legal, valid and binding obligations and agreements of the Credit Party which is a party thereto, enforceable against such Credit Party in accordance its terms, except to the extent that enforcement thereof may be limited by an applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting creditors’ rights generally and by general principles of equity.

Appears in 2 contracts

Samples: Credit Agreement (FCA Acquisition Corp.), Credit Agreement (FreightCar America, Inc.)

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Legal Agreements. Each of the Loan Documents constitutes the legal, valid and binding obligations and agreements of the Credit Party or Credit Parties which is are a party thereto, enforceable against such Credit Party Parties in accordance with its terms, except to the extent that enforcement thereof may be limited by an applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting creditors' rights generally and by general principles of equity.

Appears in 2 contracts

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

Legal Agreements. Each of the Loan Documents constitutes the legal, valid and binding obligations and agreements of the Credit Party Obligor which is a party thereto, enforceable against such Credit Party Obligor in accordance its terms, except to the extent that enforcement thereof may be limited by an applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting creditors’ rights generally and by general principles of equity.

Appears in 2 contracts

Samples: Credit Agreement (Rotonics Manufacturing Inc/De), Term Loan Agreement (Rotonics Manufacturing Inc/De)

Legal Agreements. Each of the Loan Documents constitutes the legal, valid and binding obligations and agreements of the Credit Party which Obligor that is a party thereto, enforceable against such Credit Party Obligor in accordance its terms, except to the extent that enforcement thereof may be limited by an applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting creditors’ rights generally and by general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (American Crystal Sugar Co /Mn/)

Legal Agreements. Each of the Loan Documents constitutes the legal, valid and binding obligations and agreements of the Credit Party which is a party thereto, enforceable against such Credit Party in accordance its terms, except to the extent that enforcement thereof may be limited by an applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting creditors' rights generally and by general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Luiginos Inc)

Legal Agreements. Each of This Agreement and the other Loan Documents constitutes constitute the legal, valid and binding obligations and agreements of each of the Credit Party which is a party thereto, Parties enforceable against such each of the Credit Party Parties, jointly and severally, in accordance its with their respective terms, except to the extent that such enforcement thereof may be limited by an applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting the enforcement of creditors’ rights generally and or by general principles of equityequitable principles.

Appears in 1 contract

Samples: Loan Agreement (Telvent Git S A)

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Legal Agreements. Each of the Loan Documents constitutes the legal, valid and binding obligations and agreements of the Credit Party which is a party thereto, Borrower enforceable against such Credit Party the Borrower in accordance its terms, except to the extent that enforcement thereof may be limited by an applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting creditors’ rights generally and by general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Green Plains Renewable Energy, Inc.)

Legal Agreements. Each of the Loan Documents constitutes the legal, valid and binding obligations and agreements of the Credit Party Borrower and each Subsidiary which is a party thereto, enforceable against the Borrower and each such Credit Party Subsidiary in accordance with its terms, except to the extent that enforcement thereof may be limited by an applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting creditors’ rights generally and by general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Select Comfort Corp)

Legal Agreements. Each of the Loan Documents constitutes the legal, valid and binding obligations and agreements of the Credit Party which is a party theretoBorrower, enforceable against such Credit Party the Borrower in accordance its terms, except to the extent that enforcement thereof may be limited by an applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting creditors’ rights generally and by general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (First Interstate Bancsystem Inc)

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