Common use of Legally Enforceable Agreements Clause in Contracts

Legally Enforceable Agreements. Each Facility Document to which such Borrower is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such Borrower enforceable against such Borrower in accordance with its 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 5 contracts

Samples: Credit Agreement (Tridex Corp), Credit Agreement (Transact Technologies Inc), Credit Agreement (Tridex Corp)

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Legally Enforceable Agreements. Each Facility Document to which such the Borrower is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such the Borrower enforceable against such the Borrower in accordance with its 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: Credit Agreement (Conmed Corp), Credit Agreement (First Aviation Services Inc), Credit Agreement (Conmed Corp)

Legally Enforceable Agreements. Each Facility Document to which such Borrower is a party is, or when delivered under this Agreement hereunder will be, a legal, valid and binding obligation obligations of such the Borrower enforceable against such 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: Credit Agreement (Hardinge Inc), Multicurrency Credit Agreement (Hardinge Inc), Credit Agreement (Hardinge Inc)

Legally Enforceable Agreements. Each Facility Document to which such any Borrower is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such Borrower enforceable against such Borrower in accordance with its 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: Credit Agreement (Cannondale Corp /), Credit Agreement (Amscan Holdings Inc), Credit Agreement (Cannondale Corp /)

Legally Enforceable Agreements. Each Facility Document to which such the Borrower or any Subsidiary of the Borrower is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of the Borrower or such Borrower Subsidiary, as the case may be, enforceable against the Borrower or such Borrower Subsidiary, as the case may be, in accordance with its 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 (MSC Industrial Direct Co Inc), Credit Agreement (MSC Industrial Direct Co Inc)

Legally Enforceable Agreements. Each Facility Document to which such Borrower is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such Borrower enforceable against such Borrower in accordance with its terms, except to the extent that such enforcement may be limited by (a) applicable bankruptcy, insolvency and other similar laws affecting creditors' ’ rights generally, or (b) the application of general principles of equity (regardless of whether considered in a proceeding in equity or at law).

Appears in 2 contracts

Samples: Credit Agreement (Lauder Ronald S), Credit Agreement (Lauder Ronald S)

Legally Enforceable Agreements. Each Facility Document to which such the Borrower is a party is, or when such is delivered under this Agreement will be, a legal, valid and binding obligation of such the Borrower enforceable against such the Borrower in accordance with its 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, Credit Agreement (Sturm Ruger & Co Inc)

Legally Enforceable Agreements. Each Amended Facility Document to which such the Borrower or the Guarantor is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such Borrower Person enforceable against such Borrower Person in accordance with its terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency insolvency, reorganization, moratorium and other similar laws affecting creditors' rights generallygenerally and general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity).

Appears in 1 contract

Samples: Third Amendment Agreement (Triarc Companies Inc)

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Legally Enforceable Agreements. Each Facility Document to ------------------------------ which such the Borrower is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such the Borrower enforceable against such the Borrower in accordance with its 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 (Mercator Software Inc)

Legally Enforceable Agreements. Each Facility Document to which such the Borrower is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such the Borrower enforceable against such the Borrower in accordance with its terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency and other similar laws affecting creditors' rights generallygenerally and by equitable principles relating to availability of equitable remedies.

Appears in 1 contract

Samples: Credit Agreement (Nfo Worldwide Inc)

Legally Enforceable Agreements. Each Facility Document to which such the Borrower is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such the Borrower enforceable against such the Borrower in accordance with its terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency and other similar laws affecting creditors' rights generally.in

Appears in 1 contract

Samples: Credit Agreement (Transact Technologies Inc)

Legally Enforceable Agreements. Each Facility Document to which such Borrower any of the Borrowers is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such Borrower enforceable against such Borrower in accordance with its material 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 (Farrel Corp)

Legally Enforceable Agreements. Each Facility Document to which such a Borrower is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such Borrower enforceable against such Borrower in accordance with its 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 (Biscayne Apparel Inc /Fl/)

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