Valid Obligations. This Agreement and the Note and all of their ----------------- respective terms and provisions are the legal, valid and binding obligations of the Company, enforceable in accordance with their respective terms except as limited by bankruptcy, insolvency, reorganization, moratorium or other laws affecting the enforcement of creditors' rights generally, and except as the remedy of specific performance or of injunctive relief is subject to the discretion of the court before which any proceeding therefor may be brought.
Appears in 3 contracts
Samples: Credit Agreement (Excel Switching Corp), Credit Agreement (Excel Switching Corp), Credit Agreement (Excel Inc)
Valid Obligations. This Agreement and the Note and all of their ----------------- respective terms and provisions are the legal, valid and binding obligations of the Company, each enforceable in accordance with their respective terms except as limited by bankruptcy, insolvency, reorganization, moratorium or other laws affecting the enforcement of creditors' rights generally, and except as the remedy of specific performance or of injunctive relief is subject to the discretion of the court before which any proceeding therefor may be brought.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Hemasure Inc)
Valid Obligations. This Agreement and the Note and all of their ----------------- respective terms and provisions are the legal, valid and binding obligations of the each Company, jointly and severally, enforceable in accordance with their respective terms except as limited by bankruptcy, insolvency, reorganization, moratorium or other laws affecting the enforcement of creditors' rights generally, and except as the remedy of specific performance or of injunctive relief is subject to the discretion of the court before which any proceeding therefor may be broughtby general equitable principles.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Back Bay Restaurant Group Inc)
Valid Obligations. This Agreement and the Note Note, and all of their ----------------- respective the terms and provisions hereof and thereof, are the legal, valid and binding obligations of the Company, enforceable in accordance with their respective terms except as limited by bankruptcy, insolvency, reorganization, moratorium or other laws affecting the enforcement of creditors' ’ rights generally, and except as the remedy of specific performance or of injunctive relief is subject to the discretion of the court before which any proceeding therefor therefore may be brought.
Appears in 1 contract
Valid Obligations. This Agreement and the Note and all of their ----------------- respective terms and provisions are the legal, valid and binding obligations of the Company, each enforceable in accordance with their respective terms except as limited by bankruptcy, insolvency, reorganization, moratorium or other laws affecting the enforcement of creditors' rights generally, and except as the remedy of specific performance or of injunctive relief is subject to the discretion of the court before which any proceeding therefor may be brought.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Biosepra Inc)