Common use of Legally Enforceable Agreements Clause in Contracts

Legally Enforceable Agreements. Each Facility Document to which any Obligor is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such Obligor enforceable against such Obligor 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 9 contracts

Samples: Loan Agreement (Cellularvision Usa Inc), Credit Agreement (Multicare Companies Inc), Credit Agreement (Micro Warehouse Inc)

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Legally Enforceable Agreements. Each Amended Facility Document to which any Obligor is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such Obligor enforceable against such Obligor 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: Third Amendment Agreement (Micro Warehouse Inc), Second Amendment Agreement (Micro Warehouse Inc), First Amendment Agreement (Micro Warehouse Inc)

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