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 (Ultra Petroleum Corp), Credit Agreement (Dril-Quip Inc)
Valid and Binding Obligations. All Loan Documents, when duly executed and delivered by the BorrowerBorrower and/or the Co-Borrowers, as applicable, will be the legal, valid, and binding obligations of the BorrowerBorrower and/or the Co-Borrowers, enforceable against the Borrower and/or the Co-Borrowers, as applicable, in accordance with their respective terms.
Appears in 3 contracts
Samples: Credit Agreement (Southern Mineral Corp), Credit Agreement (Southern Mineral Corp), Credit Agreement (Southern Mineral 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 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 of the Loan Documents, when duly executed and delivered by the BorrowerBorrowers, will be the legal, valid, valid and binding obligations of the each Borrower, 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
Samples: Credit Agreement (GMX Resources Inc)
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.
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. Each Loan Document is the legal, valid, and binding obligations obligation of each of the BorrowerBorrowers, enforceable against each of the Borrower Borrowers in accordance with their respective its terms.
Appears in 1 contract
Valid and Binding Obligations. All Loan Documents, when duly executed and delivered by the BorrowerBorrower and Guarantors, will be the legal, valid, and binding obligations of the BorrowerBorrower and Guarantors, enforceable against the Borrower and Guarantors in accordance with their respective terms.
Appears in 1 contract
Valid and Binding Obligations. All Loan Documents, when duly executed and delivered by the BorrowerBorrowers, will be the legal, valid, and binding obligations of the BorrowerBorrowers, enforceable against the Borrower Borrowers in accordance with their respective terms, subject to the effect of bankruptcy or other similar laws and to general principles of equity.
Appears in 1 contract
Samples: Credit Agreement (Texoil Inc /Nv/)