Common use of Legal, Valid, Binding and Enforceable Clause in Contracts

Legal, Valid, Binding and Enforceable. Each of the Loan Documents to which the Borrower is a party constitutes the legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms.

Appears in 5 contracts

Samples: Credit Agreement, GTJ Reit, Inc., Mortgage, Security Agreement (Sanfilippo John B & Son Inc)

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Legal, Valid, Binding and Enforceable. Each of the Loan Documents to which the Borrower is a party constitutes the legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its termsterms subject to principles of equity and bankruptcy, insolvency and other laws generally affecting creditors’ rights and the enforcement of debtors’ obligations.

Appears in 1 contract

Samples: RREEF Property Trust, Inc.

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