Common use of Legally Enforceable Agreement Clause in Contracts

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 13 contracts

Samples: Loan and Security Agreement (Mfri Inc), Loan and Security Agreement (Anchor Lamina Inc), Loan and Security Agreement (Mfri Inc)

AutoNDA by SimpleDocs

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 10 contracts

Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Allied Healthcare Products Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 9 contracts

Samples: Loan and Security Agreement (Pw Eagle Inc), Loan and Security Agreement (Pw Eagle Inc), Loan and Security Agreement (Pw Eagle Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of the Borrower or each Borrower and each of its Subsidiaries party theretoGuarantor, as the case may be, enforceable against it the Borrower or each Guarantor, as the case may be, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 6 contracts

Samples: Credit Agreement (Clarksburg Skylark, LLC), Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents previously delivered or when delivered under this Agreement are or will be, a be legal, valid valid, and binding obligation obligations of the Borrower or each Borrower and each of its Subsidiaries party theretoGuarantor, as the case may be, enforceable against it the Borrower or each Guarantor, as the case may be, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 6 contracts

Samples: Credit Agreement (Beazer Homes Usa Inc), Term Loan Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when executed and delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries Loan Party party hereto or thereto, enforceable against it in accordance with its respective terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, fraudulent conveyance, or fraudulent transfer laws, or other similar laws affecting creditors' rights generally, and by general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 5 contracts

Samples: Loan and Security Agreement (Century Aluminum Co), Loan and Security Agreement (Century Aluminum Co), Loan and Security Agreement (Century Aluminum Co)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it each Borrower in accordance with its their respective terms, subject to bankruptcy, insolvency, reorganization or similar laws or equitable principles relating to creditors’ rights generally.

Appears in 4 contracts

Samples: Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.)

Legally Enforceable Agreement. This Agreement agreement is, and each of the other Loan Documents documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement, Revolving Credit Agreement (Burlington Coat Factory Warehouse Corp), Revolving Credit and Term Loan Agreement (Burlington Coat Factory Warehouse Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, subject to the effects of applicable bankruptcy, insolvency, moratorium, reorganization or similar laws affecting creditors’ rights generally and equitable principles of general applicability (regardless of whether such enforceability is considered in a proceeding at law or in equity).

Appears in 3 contracts

Samples: Loan and Security Agreement (Neenah Foundry Co), Loan and Security Agreement (Neenah Foundry Co), Loan and Security Agreement (Neenah Foundry Co)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it them in accordance with its their respective terms.

Appears in 3 contracts

Samples: Loan and Security Agreement (Gulfside Supply, Inc.), Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors’ rights.

Appears in 3 contracts

Samples: Loan and Security Agreement (Proficient Auto Logistics, Inc), Credit Agreement (Superior Essex Inc), Loan and Security Agreement (Rowe Companies)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower Loan Party and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally.

Appears in 3 contracts

Samples: Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 3 contracts

Samples: Loan and Security Agreement (Electronics Boutique Holdings Corp), Loan and Security Agreement (First Aviation Services Inc), Loan and Security Agreement (Denali Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency and other similar laws affecting creditors' rights generally.

Appears in 3 contracts

Samples: Loan Agreement (Surgical Safety Products Inc), Loan Agreement (Orange Productions Inc), Loan Agreement (Cuidao Holding Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each the Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms; except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally and by general equitable principles (whether enforcement is sought by proceeding in equity or at law).

Appears in 3 contracts

Samples: Loan and Security Agreement (Executone Information Systems Inc), Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Nations Flooring Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it each Borrower in accordance with its their respective terms, subject to bankruptcy, insolvency, reorganization or similar laws relating to creditors’ rights generally and general principles of equity.

Appears in 3 contracts

Samples: Loan and Security Agreement (NCI, Inc.), Loan and Security Agreement (NCI, Inc.), Loan and Security Agreement (NCI, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 3 contracts

Samples: Loan and Security Agreement (Mothers Work Inc), Loan and Security Agreement (Restoration Hardware Inc), Loan and Security Agreement (Open Plan Systems Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 3 contracts

Samples: Loan and Security Agreement (Pameco Corp), Loan and Security Agreement (Toms Foods Inc), Loan and Security Agreement (Rhodes Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 3 contracts

Samples: Line of Credit Loan Agreement (Magellan Technology Inc), Line of Credit Loan Agreement (Zevex International Inc), Line of Credit Loan Agreement (Zevex International Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws of general application and principles of equity affecting the enforcement of creditors’ rights.

Appears in 3 contracts

Samples: Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Standard Register Co)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower of Borrowers and each of its their Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as limited by applicable bankruptcy or insolvency laws, and by general principles of equity.

Appears in 2 contracts

Samples: Loan and Security Agreement (Restoration Hardware Inc), Loan and Security Agreement (Restoration Hardware Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency and other similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 2 contracts

Samples: Loan Agreement (Omega Flex, Inc.), Loan and Security Agreement (Omega Flex, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries Restricted Subsidiary party thereto, enforceable against it in accordance with its respective terms.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kinetek Inc), Loan and Security Agreement (Kinetek Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it each Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Integrated Circuit Systems Inc), Revolving Credit Loan Agreement (Integrated Circuit Systems Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries Guarantor party thereto, enforceable against it in accordance with its respective terms, except as limited by applicable bankruptcy or insolvency laws, and by general principles of equity.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mobile Mini Inc), Loan and Security Agreement (Mobile Mini Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will beto which Obligors are, individually or in the aggregate, a party, constitute the legal, valid and binding obligation Obligations of each Borrower and each of its Subsidiaries party theretoObligors, enforceable against it Obligors in accordance with its their respective terms.;

Appears in 2 contracts

Samples: Loan and Security Agreement (U S Vision Inc), Loan and Security Agreement (Refac Optical Group)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Lasersight Inc /De), Revolving Credit Agreement (Lasersight Inc /De)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each the New Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws of general application and principles of equity affecting the enforcement of creditors’ rights.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Standard Register Co), Second Lien Credit Agreement (Standard Register Co)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a are legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Company, enforceable against it the Company in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Southern States Capital Trust I), Revolving Credit Agreement (Southern States Cooperative Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof maybe limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 2 contracts

Samples: Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dixie Group Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Revolving Loans and Foreign Exchange Facilities Agreement (Mestek Inc), Revolving Loan, Letter of Credit Facility and Foreign Exchange Facilities Agreement (Mestek Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Construction Loan Agreement (Axys Pharmaceuticals Inc), Revolving Credit and Term Loan & Security Agreement (Motorvac Technologies Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, or, Guarantors, where applicable, enforceable against it the Borrower, or, the Guarantors, where applicable, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditor's rights generally.

Appears in 2 contracts

Samples: Term Loan Agreement (Nuclear Research Corp), Line of Credit Agreement (Nuclear Research Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and Obligor signatory thereto enforceable against each of its Subsidiaries party thereto, enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws of general application affecting the enforcement of creditors’ rights generally or by general equitable principles.

Appears in 2 contracts

Samples: Loan and Security Agreement (Enpro Industries, Inc), Loan and Security Agreement (Enpro Industries, Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents Document to which the Borrower will be a party when delivered under this Agreement hereunder will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower in accordance with its their respective terms.

Appears in 2 contracts

Samples: Credit Agreement (Landmark Systems Corp), Credit Agreement (Microdyne Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents executed by Borrowers or Guarantor when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrowers or Guarantor, enforceable against it or them in accordance with its the respective termsterms thereof, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 2 contracts

Samples: Revolving Credit Loan Agreement (Orleans Homebuilders Inc), Revolving Credit Loan Agreement (Orleans Homebuilders Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries Loan Party that is a party thereto, enforceable against it each of them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors’ rights or general equitable principals, whether applied in law or equity.

Appears in 2 contracts

Samples: Credit Agreement (FX Real Estate & Entertainment Inc.), Credit Agreement (FX Real Estate & Entertainment Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 2 contracts

Samples: Loan and Security Agreement (United Natural Foods Inc), Term Loan Agreement (United Natural Foods Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Americas Carmart Inc), Agented Revolving Credit Agreement (Americas Carmart Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tropical Sportswear International Corp), Loan and Security Agreement (Tropical Sportswear International Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents executed by Borrowers or Guarantor when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrowers or Guarantor, enforceable against it or them in accordance with its the respective termsterms thereof, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Revolving Credit Loan Agreement (Orleans Homebuilders Inc), Revolving Credit Loan Agreement (Orleans Homebuilders Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when executed and delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party theretoGuarantor, enforceable against it the Borrower and each Guarantor in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Commercial Loan and Security Agreement (Trans Lux Corp), Commercial Loan and Security Agreement (Trans Lux Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, subject, as to enforcement, to general principles of equity and to bankruptcy, insolvency and similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Loan and Security Agreement (Velocity Express Corp), Loan and Security Agreement (Velocity Express Corp)

Legally Enforceable Agreement. This Agreement is, is and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 2 contracts

Samples: Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries party thereto, enforceable against it them in accordance with its respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or by principles of equity pertaining to the availability of equitable remedies.

Appears in 2 contracts

Samples: Loan and Security Agreement (Black Warrior Wireline Corp), Loan and Security Agreement (Black Warrior Wireline Corp)

Legally Enforceable Agreement. This Agreement agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Credit Agreement (Alliance Semiconductor Corp /De/), Credit Agreement (Alliance Semiconductor Corp /De/)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower party thereto and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as enforcement may be limited by applicable bankruptcy or insolvency laws, and by general principles of equity.

Appears in 2 contracts

Samples: Loan and Security Agreement (Channell Commercial Corp), Loan and Security Agreement (Channell Commercial Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, Loan Party enforceable against it in accordance with its respective terms, except as the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally, by general equitable principles (whether enforcement is sought by proceedings in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Monster Worldwide Inc), Secured Revolving Credit Agreement (Monster Worldwide Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a are legal, valid valid, and binding obligation obligations of each Borrower the Borrower, and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Loan Agreement (Bankatlantic Bancorp Inc), Loan Agreement (Bankatlantic Bancorp Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower in accordance with its their respective terms, subject to bankruptcy, insolvency, reorganization or similar laws or equitable principles relating to creditors’ rights generally (the “Enforceability Exceptions”).

Appears in 1 contract

Samples: Loan and Security Agreement (Friedman Billings Ramsey Group Inc)

Legally Enforceable Agreement. This Agreement is, and each ----------------------------- of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, Loan Party enforceable against it them in accordance with its respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or by principles of equity pertaining to the availability of equitable remedies.

Appears in 1 contract

Samples: Loan and Security Agreement (Avalon Community Services Inc)

Legally Enforceable Agreement. This Agreement is, and each of ----------------------------- the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Domestic Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Falcon Products Inc /De/)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting creditors' rights generally, or by principles of equity pertaining to the availability of equitable remedies.

Appears in 1 contract

Samples: Loan and Security Agreement (Miltope Group Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries (and of IDSC to the extent it is a party thereto, ) enforceable against it them in accordance with its respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or by principles of equity pertaining to the availability of equitable remedies.

Appears in 1 contract

Samples: Loan and Security Agreement (Industrial Data Systems Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower Loan Party and each of its Restricted Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally.

Appears in 1 contract

Samples: Loan, Security and Guaranty Agreement (Quest Resource Holding Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will beare, a the legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (First State Corp /Ga/)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when executed and delivered under this Agreement will be, a the legal, valid valid, and binding obligation of each the Borrower and each of its Subsidiaries Guarantor a party thereto, enforceable against it the Borrower and such Guarantor in accordance with its their respective terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally on the exercise of judicial discretion with respect to the availability of equitable remedies.

Appears in 1 contract

Samples: Credit Agreement (Health Management Systems Inc)

Legally Enforceable Agreement. This Agreement is, and each ----------------------------- of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Master Graphics Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrowers, enforceable against it the Borrowers, as the case may be, in accordance with its their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, receivership or by general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Spacehab Inc \Wa\)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency or other similar laws affecting creditors' rights generally, and by general principles of equity.

Appears in 1 contract

Samples: Commercial Loan Agreement (Compass Plastics & Technologies Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoSubsidiary, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Revolving Credit Note (Hall Kinion & Associates Inc)

AutoNDA by SimpleDocs

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents to which Borrower is a party, when delivered under this Agreement Agreement, will be, a constitute the legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it such Borrower in accordance with its their respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Rait Investment Trust)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Domestic Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Loan and Security Agreement (Alpharma Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 1 contract

Samples: Loan and Security Agreement (Atlantic Premium Brands LTD)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party theretoor the Guarantor, as the case may be, enforceable against it the Borrower or the Guarantor, as the case may be, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ryka Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when executed and/or delivered under in connection with this Agreement will beare, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Guarantors, as applicable, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Loan Agreement (Unified Financial Services Inc)

Legally Enforceable Agreement. This Agreement is, and each of ----------------------------- the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it and each of them in accordance with its and their respective terms, except to the extent limited by bankruptcy, insolvency, or other similar laws.

Appears in 1 contract

Samples: Loan and Security Agreement (Moore Medical Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable enforce- able against it in accordance with its respective terms.

Appears in 1 contract

Samples: Secured Promissory Note (Source Scientific Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when has been duly executed and delivered under this Agreement will be, by each Borrower and each of its Subsidiaries party thereto and is a legal, valid and binding obligation of each such Borrower and each of its Subsidiaries party theretosuch Subsidiary, enforceable against it in accordance with its respective terms, except as enforcement may be limited by (i) the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and (ii) general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Nes Rentals Holdings Inc)

Legally Enforceable Agreement. This Agreement is, and each of ----------------------------- the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrowers, enforceable against it Borrowers in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Aaon Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, Loan Party enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan Agreement (Atlantic Coast Airlines Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its their respective terms, except to the extent limited by applicable bankruptcy, insolvency and other similar laws affecting creditors' rights generally or by general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (CFP Holdings Inc)

Legally Enforceable Agreement. This Agreement is, and each of the ----------------------------- other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower, as the case may be, in accordance with its their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, receivership or by general principles of equity.

Appears in 1 contract

Samples: Loan Agreement (Template Software Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoHoldings, enforceable against it Borrower and Holdings in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally or by general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Interactive Strength, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries (to the extent a party thereto), enforceable against it each such Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, fraudulent conveyance and other similar laws affecting creditors' rights generally or by principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Factory Card Outlet Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower the Borrower, the Guarantor and each of its Subsidiaries party theretothe Corporate Guarantor, enforceable against it the Borrower, the Guarantor or the Corporate Guarantor, as the case may be, in accordance with its their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, receivership or by general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Dunn Computer Corp)

Legally Enforceable Agreement. This Agreement is, and each of the ----------------------------- other Loan Documents documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Credit Agreement (Sheffield Steel Corp)

Legally Enforceable Agreement. This As to each Borrower, this Agreement is, and each of the other Loan Documents to which it is a party, when delivered under this Agreement Agreement, will be, a legal, valid valid, and binding obligation of each Borrower and each of its Subsidiaries party theretosuch Borrower, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Questron Technology Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents as applicable when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Financial Performance Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when executed and delivered under this Agreement will be, a the legal, valid valid, and binding obligation of each Borrower and each of its Subsidiaries party theretoobligations, enforceable against it the Borrower, in accordance with its their respective terms, except to the extent that enforcement thereof may be limited by the effect of general principles of equity and bankruptcy and similar laws affecting the rights and remedies of creditors generally.

Appears in 1 contract

Samples: Credit Agreement (Trident International Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Parent, Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Emtec Inc/Nj)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party hereto or thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Credit Agreement (Falcon Products Inc /De/)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it in accordance with its respective terms., except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency

Appears in 1 contract

Samples: Loan and Security Agreement (Bayard Drilling Technologies Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Sed International Holdings Inc)

Legally Enforceable Agreement. This Agreement is, and each of ----------------------------- the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, subject, as to enforcement, to general principles of equity and to bankruptcy, insolvency and similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Loan and Security Agreement (Velocity Express Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of Borrower and each of its Subsidiaries, enforceable against Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Gentiva Health Services Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and their Subsidiaries enforceable against each of its Subsidiaries party thereto, enforceable against it them in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Tmci Electronics Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party thereto, enforceable against it each Borrower in accordance with its their respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Titan Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its their respective Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Integra Lifesciences Corp)

Legally Enforceable Agreement. This Agreement is, and each of ------------------------------ the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective termsEnforceable.

Appears in 1 contract

Samples: Loan and Security Agreement (Litchfield Financial Corp /Ma)

Legally Enforceable Agreement. This As to each Obligor, this Agreement is, and each of the other Loan Documents to which it is a party, when delivered under this Agreement Agreement, will be, a legal, valid valid, and binding obligation of each Borrower and each of its Subsidiaries party theretosuch Obligor, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Questron Technology Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries (to the extent a party thereto, ) enforceable against it each of them in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower Obligor and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors’ rights.

Appears in 1 contract

Samples: Loan and Security Agreement (Mastec Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a are legal, valid valid, and binding obligation obligations of each Borrower Borrower, and each of its Subsidiaries party thereto, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Term Loan Agreement (Citizens Bancshares Corp /Ga/)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Restricted Subsidiaries party thereto, enforceable against it such Borrower and/or such Restricted Subsidiary (as applicable) in accordance with its respective terms, subject as to enforcement (regardless of whether such enforcement is being sought in equity or at law), to general principles of equity and bankruptcy, insolvency and similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Loan and Security Agreement (Truserv Corp)

Legally Enforceable Agreement. This Agreement is, and each of the ----------------------------- other Loan Documents documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors, rights generally.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (National Environmental Service Co)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Loan Agreement (Zoned Properties, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party theretoSubsidiaries, enforceable against it such Borrower and each of its Subsidiaries in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Gentiva Health Services Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when executed and delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting creditors' rights generally and subject to general principle of equity, regardless of whether considered in a proceeding in law or equity.

Appears in 1 contract

Samples: Loan Agreement (Microfluidics International Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, Loan Party enforceable against it them in accordance with its respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or by principles of equity pertaining to the availability of equitable remedies.

Appears in 1 contract

Samples: Loan and Security Agreement (Avalon Community Services Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!