Common use of Preservation of Loan Document Enforceability Clause in Contracts

Preservation of Loan Document Enforceability. Take all reasonable actions (including obtaining and maintaining in full force and effect consents and Governmental Approvals), and cause each Significant Subsidiary to take all reasonable actions, that are required so that its obligations under the Loan Documents will at all times be legal, valid and binding and enforceable against it in accordance with their respective terms.

Appears in 8 contracts

Samples: Day Bridge Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)

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Preservation of Loan Document Enforceability. Take all reasonable actions (including obtaining and maintaining in full force and effect consents and Governmental Approvals), and cause each Significant Subsidiary to take all reasonable actions, that are required so that its obligations under the Loan Documents will at all times be legal, valid and valid, binding and enforceable against it in accordance with their respective terms.

Appears in 6 contracts

Samples: Credit Agreement (Puget Sound Energy Inc), Credit Agreement (Puget Sound Energy Inc), Credit Agreement (Puget Energy Inc /Wa)

Preservation of Loan Document Enforceability. Take all reasonable actions (including obtaining and maintaining in full force and effect consents and Governmental Approvals), and cause each Significant Subsidiary to take all reasonable actions, that are required so that its obligations under the Loan Documents will at all times be legal, valid and binding and enforceable against it in accordance with their respective terms.

Appears in 3 contracts

Samples: Five Year Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)

Preservation of Loan Document Enforceability. Take all reasonable actions (including obtaining and maintaining in full force and effect consents and Governmental Approvals), and cause each Significant Subsidiary to take all reasonable actions, ) that are required so that its obligations under the Loan Documents will at all times be legal, valid and binding and enforceable against it in accordance with their respective terms.

Appears in 3 contracts

Samples: Credit Agreement (Eastern Utilities Associates), Credit Agreement (Lechters Inc), Credit Agreement (Lin Television Corp)

Preservation of Loan Document Enforceability. Take all reasonable actions (including obtaining or making, as the case may be, and maintaining in full force and effect all consents and Governmental Approvals), Approvals and cause each Significant Subsidiary to take all reasonable actions, Governmental Registrations) that are required so that its obligations under the Loan Documents will at all times be legal, valid and binding and enforceable against it in accordance with their respective terms.

Appears in 2 contracts

Samples: Credit Agreement (Reinsurance Group of America Inc), Credit Agreement (Reinsurance Group of America Inc)

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Preservation of Loan Document Enforceability. Take all reasonable actions (including obtaining or making, as the case may be, and maintaining in full force and effect all consents and Governmental Approvals), Approvals and cause each Significant Subsidiary to take all reasonable actions, Governmental Registrations) that are required so that its obligations under the Loan Documents will at all times be legal, valid and binding and enforceable against it in accordance with their 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: Credit Agreement (Reinsurance Group of America Inc)

Preservation of Loan Document Enforceability. Take all reasonable actions (including obtaining and maintaining in full force and effect consents and Governmental Approvals), and cause each Significant Subsidiary to take all reasonable actions, that are required so that its obligations under the Loan Documents will at all times be legal, valid and binding and enforceable against it in accordance with their respective terms. 6.6.

Appears in 1 contract

Samples: Version Credit Agreement (Portland General Electric Co /Or/)

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