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 (Tridex Corp), Credit Agreement (Transact Technologies Inc)
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), Credit Agreement (Hardinge Inc), Security Agreement (Hardinge Inc)
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 and Guaranty (Biscayne Apparel Inc /Fl/)
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 (Western Pacific Airlines Inc /De/)
Legally Enforceable Agreements. Each Facility Document to which such the Borrower and/or Guarantor is a party is, or when delivered under this Agreement will be, a legal, valid and binding obligation of such the Borrower and/or Guarantor enforceable against such the Borrower and/or Guarantor 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
