Valid and Binding Obligation. All of the Loan Documents, and all other documents referred to herein to which Borrower or any Member or Guarantor is a party, upon execution and delivery by such Person, will constitute valid and binding obligations of such Person, enforceable in accordance with their terms, except as limited by Debtor Relief Laws and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity).
Appears in 2 contracts
Samples: Loan Agreement (Sky Harbour Group Corp), Loan Agreement (Sky Harbour Group Corp)
Valid and Binding Obligation. All of the Loan Documents, and all other documents referred to herein Documents to which Borrower or any Member or Guarantor is a party, will upon execution and delivery by such PersonBorrower, will constitute a valid and binding obligations obligation of such PersonBorrower, enforceable in accordance with their respective terms, except as limited by Debtor Relief Laws and by general principles of equity . Section 7.4 (regardless of whether such enforceability is considered in a proceeding at law or in equitynot used).
Appears in 2 contracts
Samples: Loan Agreement, Master Loan Agreement (Sonic Automotive Inc)
Valid and Binding Obligation. All of the Loan Documents, and all other documents referred to herein Documents to which Borrower or any Member or Guarantor is a party, will upon execution and delivery by such Personparty, will constitute a valid and binding obligations obligation of such PersonBorrower, enforceable in accordance with their respective terms, except as limited by Debtor Relief Laws and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity).
Appears in 2 contracts
Samples: Master Construction Loan Agreement, Master Construction Loan Agreement (Wilson Holdings, Inc.)
Valid and Binding Obligation. All of the Loan Documents, and all other documents referred to herein to which Borrower or any Member or Guarantor is a party, upon execution and delivery by such Person, will constitute valid and binding obligations of such PersonBorrower, enforceable against the Borrower in accordance with their terms, terms except as limited by Debtor Relief Laws and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity)Laws.
Appears in 2 contracts
Samples: Loan Agreement (Medical Properties Trust Inc), Loan Agreement (Medical Properties Trust Inc)
Valid and Binding Obligation. All of the Loan Documents, and all other documents referred to herein to which Borrower or any Member or Guarantor is a party, upon execution and delivery by such Person, will constitute valid and binding obligations of such PersonBorrower and Guarantor, enforceable in accordance with their terms, terms except as limited by Debtor Relief Laws applicable bankruptcy and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity)other debtor relief laws.
Appears in 2 contracts
Samples: Master Construction Loan Agreement, Master Construction Loan Agreement (Wilson Holdings, Inc.)
Valid and Binding Obligation. All of the Loan Documents, and all other documents referred to herein to which Borrower or any Member or Guarantor is a party, upon execution and delivery by such Person, will constitute valid and binding obligations of such PersonBorrower, enforceable in accordance with their terms, except as limited by subject to Debtor Relief Laws and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity)Laws.
Appears in 2 contracts
Samples: Disbursement Agreement (Campus Crest Communities, Inc.), Secured Construction Loan Agreement (Campus Crest Communities, Inc.)
Valid and Binding Obligation. All of the Loan DocumentsInstruments, and all other documents referred to herein to which Borrower or any Member or Guarantor is a party, upon execution and delivery by such Person, will constitute valid and binding obligations of such PersonBorrower and Guarantor, enforceable in accordance with their terms, terms except as limited by Debtor Relief Laws and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity)Laws.
Appears in 2 contracts
Samples: Acquisition and Construction Loan Agreement (Mego Financial Corp), Loan Agreement (Mego Financial Corp)
Valid and Binding Obligation. All of the Loan DocumentsInstruments, and all other documents referred to herein to which Borrower or any Member or Guarantor is a party, upon execution and delivery by such Person, will constitute valid and binding obligations of such PersonBorrower, enforceable in accordance with their terms, except as limited by Debtor Relief Laws and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity).
Appears in 1 contract
Samples: Construction and Semi Permanent Loan Agreement (Advanced Environmental Recycling Technologies Inc)
Valid and Binding Obligation. All of the Loan DocumentsInstruments, and all other documents referred to herein to which Borrower or any Member or Guarantor is a party, upon execution and delivery by such Person, will constitute valid and binding obligations of such PersonBorrower, enforceable in accordance with their terms, terms except as limited by Debtor Relief Laws and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity)Laws.
Appears in 1 contract
