Common use of Valid and Binding Agreements Clause in Contracts

Valid and Binding Agreements. This Agreement, each other Operative Document and each Pass Through Document to which U.S. Bank, Loan Trustee, Subordination Agent or any Pass Through Trustee is a party have been duly executed and delivered by U.S. Bank, individually and in its capacity as Loan Trustee, Subordination Agent or Pass Through Trustee, as the case may be, and constitute the legal, valid and binding obligations of U.S. Bank, Loan Trustee, Subordination Agent and such Pass Through Trustee, as the case may be, enforceable against it in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the rights of creditors generally and by general principles of equity.

Appears in 15 contracts

Samples: Participation Agreement, Participation Agreement, Participation Agreement (Delta Air Lines, Inc.)

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Valid and Binding Agreements. This Agreement, each other Operative Document and each Pass Through Document to which U.S. Bank, Loan Trustee, Subordination Agent or any such Pass Through Trustee is a party have been duly executed and delivered by U.S. Bank, individually and in its capacity as Loan Trustee, Subordination Agent or such Pass Through Trustee, as the case may be, and constitute the legal, valid and binding obligations of U.S. Bank, Loan Trustee, Subordination Agent and such Pass Through Trustee, as the case may be, enforceable against it in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the rights of creditors generally and by general principles of equity.

Appears in 6 contracts

Samples: Participation Agreement (Alaska Air Group, Inc.), Participation Agreement (Alaska Air Group, Inc.), Participation Agreement (Alaska Air Group, Inc.)

Valid and Binding Agreements. This Agreement, each other Operative Document and each Pass Through Document to which U.S. Bank, the Loan Trustee, the Subordination Agent or any Pass Through Trustee is a party have been duly executed and delivered by U.S. Bank, individually and in its capacity as Loan Trustee, Subordination Agent or Pass Through Trustee, as the case may be, and constitute the legal, valid and binding obligations of U.S. Bank, the Loan Trustee, the Subordination Agent and such Pass Through Trustee, as to the case may beextent it is a party thereto, enforceable against it in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the rights of creditors generally and by general principles of equity.

Appears in 3 contracts

Samples: Participation Agreement, Participation Agreement (American Airlines Inc), Participation Agreement (Amr Corp)

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Valid and Binding Agreements. This Agreement, each other Operative Document and each Pass Through Document to which U.S. Bank, the Loan Trustee, the Subordination Agent or any such Pass Through Trustee is a party have been duly executed and delivered by U.S. Bank, individually and in its capacity as Loan Trustee, Subordination Agent or such Pass Through Trustee, as the case may be, and constitute the legal, valid and binding obligations of U.S. Bank, the Loan Trustee, the Subordination Agent and such Pass Through Trustee, as to the case may beextent it is a party thereto, enforceable against it in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the rights of creditors generally and by general principles of equity.

Appears in 1 contract

Samples: Participation Agreement (American Airlines Inc)

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