Legal, Valid, Binding Obligation. Each of the Loan Documents and each agreement, certificate, document, instrument or other paper delivered pursuant thereto, to which Borrower is a party, constitutes the legal, valid, and binding obligation of Borrower enforceable against Borrower in accordance with its terms.
Appears in 3 contracts
Samples: Credit Agreement (Genzyme Transgenics Corp), Credit Agreement (Btu International Inc), Credit Agreement (Vertex Pharmaceuticals Inc / Ma)
Legal, Valid, Binding Obligation. Each of the Loan Documents and each agreement, certificate, document, instrument or other paper delivered pursuant thereto, to which Borrower is a party, constitutes constitute the legal, valid, and binding obligation of Borrower Borrower, enforceable against Borrower in accordance with its terms.
Appears in 2 contracts
Samples: Loan and Security Agreement (Hallwood Group Inc), Stock Pledge and Security Agreement (Hallwood Group Inc)
