Common use of Legally Enforceable Agreement Clause in Contracts

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents and the Material Project Documents to which a Loan Party is a party when executed and delivered will be, legal, valid, and binding obligations of the applicable Loan Party that is a party thereto, enforceable in accordance with its 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 2 contracts

Samples: Assumption, Ratification and Modification Agreement (Energea Portfolio 2 LLC), Credit Agreement (Energea Portfolio 2 LLC)

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Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents and the Material Project Documents to which a Loan Party is a party when executed and delivered will be, a legal, valid, valid and binding obligations obligation of the applicable each Loan Party that is a party hereto or thereto, enforceable against it in accordance with its respective terms, except to the extent that enforcement thereof as such enforceability may be limited by the effect of applicable bankruptcy, insolvency, reorganization, fraudulent conveyance, or fraudulent transfer laws, or other similar laws affecting creditors’ rights generally, and by general principles of equity and bankruptcy and similar laws affecting the rights and remedies (regardless of creditors generallywhether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Loan and Security Agreement (Century Aluminum Co)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents and the Material Project Documents to which a Loan Party is a party when executed and delivered under this Agreement will be, a legal, valid, valid and binding obligations obligation of the applicable each Loan Party that is a party thereto, enforceable against it in accordance with its respective terms, except to the extent that enforcement thereof as enforceability may be limited by the effect of general principles of equity and bankruptcy and bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights and remedies of creditors generally.

Appears in 1 contract

Samples: Loan and Security Agreement (Ani Pharmaceuticals Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents and the Material Project Documents to which a Loan Party is a party when executed and delivered under this Agreement will be, a legal, valid, valid and binding obligations obligation of the applicable each Loan Party that is a party thereto, enforceable against it in accordance accor dance with its termsrespective terms subject to applicable bankruptcy, except insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and subject to the extent that enforcement thereof may be limited by the effect of general principles of equity, regardless of whether considered in a proceeding in equity and bankruptcy and similar laws affecting the rights and remedies of creditors generallyor in law.

Appears in 1 contract

Samples: Loan and Security Agreement (Atlantic Coast Airlines Holdings Inc)

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Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents and the Material Project Documents when delivered under this Agreement to which a Loan Party it is a party when executed and delivered party, will be, a legal, valid, valid and binding obligations obligation of the applicable such Loan Party that is a party thereto, and enforceable against such Loan Party in accordance with its respective terms, except subject to the extent that enforcement thereof may be limited by the effect of applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and general principles of equity and bankruptcy and similar laws affecting the rights and remedies of creditors generallyequity.

Appears in 1 contract

Samples: Loan Agreement (Syms Corp)

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