Valid and Binding Obligations. All Loan Documents, when duly executed and delivered by the Borrower, will be the legal, valid, and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms.
Appears in 12 contracts
Samples: Credit Agreement (Rocky Mountain Energy Corp), Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Edge Petroleum Corp)
Valid and Binding Obligations. All Loan Documents, when duly executed and delivered by the Borrower, will be the legal, valid, and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective termsterms except as enforceability may be limited by applicable bankruptcy, insolvency, or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relative to enforceability.
Appears in 3 contracts
Samples: Credit Agreement (Primeenergy Corp), Credit Agreement (Primeenergy Corp), Credit Agreement (Primeenergy Corp)
Valid and Binding Obligations. All of the Loan Documents, when duly executed and delivered by the Borrower, will be the legal, valid, valid and binding obligations of the Borrower, Borrower enforceable against the Borrower by the Bank in accordance with their respective terms, except as limited by equitable principles and applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization or similar laws from time-to-time affecting the rights of creditors generally.
Appears in 2 contracts
Samples: Loan Agreement (Windsor Energy Resources, Inc.), Loan Agreement (Windsor Energy Resources, Inc.)
Valid and Binding Obligations. All Loan Documents, when duly executed and delivered by the Borrower, will be the legal, valid, and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective termsterms except as enforceability may be limited by applicable bankruptcy, insolvency, or similar laws affecting the enforcement of creditors' rights generally or by equitable principles relative to enforceability.
Appears in 2 contracts
Samples: Credit Agreement (Primeenergy Corp), Credit Agreement (Primeenergy Corp)
Valid and Binding Obligations. All Loan Documents, when duly executed and delivered by the BorrowerBorrowers, will be the legal, valid, valid and binding obligations of the BorrowerBorrowers, enforceable against the Borrower Borrowers in accordance with their respective terms.
Appears in 1 contract
Samples: Credit Agreement (Alamco Inc)
Valid and Binding Obligations. All of the Loan Documents, when duly executed and delivered by the BorrowerBorrowers, will be the legal, valid, valid and binding obligations of the BorrowerBorrowers, enforceable against each Borrower by the Borrower Lender in accordance with their respective terms, except as limited by equitable principals and applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization or similar laws from time-to-time affecting the rights of creditors generally.
Appears in 1 contract
Valid and Binding Obligations. All of the Loan Documents, when duly executed and delivered by the Borrower, Borrower will be the legal, valid, valid and binding obligations of the Borrower, Borrower enforceable against the Borrower by the Bank in accordance with their the respective terms, except as limited by equitable principles and applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization or similar laws from time-to-time affecting the rights of creditors generally.
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Valid and Binding Obligations. All of the Loan Documents, when duly ----------------------------- executed and delivered by the Borrower, will be the legal, valid, valid and binding obligations of the Borrower, enforceable against the Borrower by the Banks in accordance with their respective terms, except as limited by equitable principles and applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization or similar laws from time- to-time affecting the rights of creditors generally.
Appears in 1 contract
Samples: Credit Agreement (Cmi Corp)
Valid and Binding Obligations. All of the Loan Documents, when duly executed and delivered by the Borrower, will be the legal, valid, valid and binding obligations of the Borrower, enforceable against Borrower by the Borrower Lender in accordance with their respective terms, except as limited by equitable principals and applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization or similar laws from time-to-time affecting the rights of creditors generally.
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Valid and Binding Obligations. All Loan Documents, when duly ----------------------------- executed and delivered by the BorrowerBorrower and Guarantor, will be the legal, valid, and binding obligations of the BorrowerBorrower and Guarantor, enforceable against the Borrower and Guarantor in accordance with their respective terms.
Appears in 1 contract
Valid and Binding Obligations. All Loan Documents, when Documents have been duly executed and delivered by each of the Borrower, will be Borrowers and Guarantors party thereto. Each Loan Document is the legal, valid, and binding obligations obligation of each of the BorrowerBorrowers and Guarantors party thereto, enforceable against each of the Borrower Borrowers in accordance with their respective its terms.
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Valid and Binding Obligations. All of the Loan Documents, when duly ----------------------------- executed and delivered by the Borrower, will be the legal, valid, valid and binding obligations of the Borrower, enforceable against Borrower by the Borrower Lender in accordance with their respective terms, except as limited by equitable principals and applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization or similar laws from time to time affecting the rights of creditors generally.
Appears in 1 contract
Valid and Binding Obligations. All Loan Documents, Documents when duly executed and delivered by the Borrower, will be the legal, valid, and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms, except as may be limited by bankruptcy, insolvency and other similar laws or judicial decisions affecting creditors' rights generally and by general equitable principals.
Appears in 1 contract
Valid and Binding Obligations. All of the Loan Documents, when duly ----------------------------- executed and delivered by the Borrower, will be the legal, valid, valid and binding obligations of the Borrower, enforceable against the Borrower by the Bank in accordance with their respective terms, except as limited by equitable principles and applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization or similar laws from time- to-time affecting the rights of creditors generally.
Appears in 1 contract
Samples: Credit Agreement (Cmi Corp)
Valid and Binding Obligations. All Loan Documents, when duly ----------------------------- executed and delivered by the Borrower, will be the legal, valid, and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective termsterms except as enforceability may be limited by applicable bankruptcy, insolvency, or similar laws affecting the enforcement of creditors' rights generally or by equitable principles relative to enforceability.
Appears in 1 contract