Common use of Validity and Binding Nature Clause in Contracts

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 63 contracts

Samples: Credit Agreement (A-Mark Precious Metals, Inc.), Credit Agreement (A-Mark Precious Metals, Inc.), Loan and Security Agreement (Mammoth Energy Services, Inc.)

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Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Company or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 14 contracts

Samples: Credit Agreement (Energy West Inc), Credit Agreement (Energy West Inc), Credit Agreement (Energy West Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any a Loan Party is a party is the legal, valid and binding obligation of such PersonLoan Party, enforceable against such Person Loan Party in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 10 contracts

Samples: Credit Agreement (Regal Rexnord Corp), Credit Agreement (Rexnord Corp), Credit Agreement (Regal Beloit Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 9 contracts

Samples: Loan and Security Agreement (Kingsway Financial Services Inc), Loan and Security Agreement (Camping World Holdings, Inc.), Credit Agreement (Proquest Co)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Company or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 8 contracts

Samples: Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (Penske Automotive Group, Inc.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws Laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 8 contracts

Samples: Credit Agreement (Centene Corp), Credit Agreement (Centene Corp), Credit Agreement (Centene Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid valid, and binding obligation of such that Person, enforceable against such that Person in accordance with its terms, subject to bankruptcy, insolvency insolvency, and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 8 contracts

Samples: Credit Agreement (Moneylion Inc.), Credit Agreement (Moneylion Inc.), Credit Agreement (Moneylion Inc.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party has been duly executed and delivered by such Loan Party and is the legal, valid and binding obligation of such PersonLoan Party, enforceable against such Person Loan Party in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 6 contracts

Samples: Credit Agreement (Middleby Corp), Credit Agreement (Middleby Corp), Credit Agreement (Middleby Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, fraudulent transfer, moratorium, reorganization, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 4 contracts

Samples: Credit Agreement (Continental Materials Corp), Credit Agreement, Credit Agreement (Continental Materials Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such PersonLoan Party, enforceable against such Person Loan Party in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 4 contracts

Samples: Loan and Security Agreement (Kinsale Capital Group, Inc.), Loan and Security Agreement (Pernix Group, Inc.), Loan and Security Agreement (Kinsale Capital Group, Inc.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party or any Subsidiary of a Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 4 contracts

Samples: Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement

Validity and Binding Nature. Each of this This Agreement and each all of the other Loan Document Documents to which any a Loan Party is a party is are the legal, valid and binding obligation obligations of such PersonLoan Party, enforceable against such Person Loan Party in accordance with its their respective terms, subject except to the extent that enforcement thereof may be limited by bankruptcy, insolvency insolvency, reorganization, moratorium and other laws enacted for the relief of debtors generally and other similar laws affecting the enforceability enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and to general principles of equityother equitable remedies.

Appears in 3 contracts

Samples: Credit Agreement (Ares Acquisition Corp), Credit Agreement (Ares Acquisition Corp), Credit Agreement (Ares Acquisition Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party the Borrower is a party is the legal, valid and binding obligation of such Personthe Borrower, enforceable against such Person the Borrower in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 3 contracts

Samples: Credit Agreement (Mechanical Technology Inc), Credit Agreement (Cabot Microelectronics Corp), Credit Agreement (Cabot Microelectronics Corp)

Validity and Binding Nature. Each of this Agreement and Agreement, each other Loan Document to which any Loan Party or the Parent is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equityequity (regardless of whether considered in a proceeding in equity or at law).

Appears in 3 contracts

Samples: Forbearance Agreement (Digerati Technologies, Inc.), Credit Agreement (Digerati Technologies, Inc.), Credit Agreement (Digerati Technologies, Inc.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Company or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 3 contracts

Samples: Credit Agreement (Cabot Microelectronics Corp), Credit Agreement (Cabot Microelectronics Corp), Credit Agreement (Cabot Microelectronics Corp)

Validity and Binding Nature. Each of this This Agreement and each the other Loan Document Documents to which any Loan such Borrower Party is a party is the constitute (or will constitute when duly executed and delivered) legal, valid and binding obligation obligations of such PersonBorrower Party, enforceable against such Person Borrower Party in accordance with its their respective terms, subject to bankruptcy, insolvency insolvency, examinership, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting the enforceability of creditors’ rights generally and to general principles of equityequity principles.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Fly Leasing LTD), Term Loan Credit Agreement (Fly Leasing LTD), Term Loan Credit Agreement (International Lease Finance Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which Ultimate Holdings or any Loan Party or Subsidiary thereof is a party is the legal, valid valid, and binding obligation of such that Person, enforceable against such that Person in accordance with its terms, subject to bankruptcy, insolvency insolvency, and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 3 contracts

Samples: Credit Agreement (AgileThought, Inc.), Credit Agreement (AgileThought, Inc.), Credit Agreement (LIV Capital Acquisition Corp.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally applicable Debtor Relief Laws and to general principles of equityequity regardless of whether considered in a proceeding in equity or law.

Appears in 2 contracts

Samples: Credit Agreement (Kid Brands, Inc), Credit Agreement (Kid Brands, Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditorsrights generally and to general principles of equity.

Appears in 2 contracts

Samples: Credit Agreement (FreightCar America, Inc.), Credit Agreement (FreightCar America, Inc.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party the Company is a party is the legal, valid and binding obligation of such Personthe Company, enforceable against such Person the Company in accordance with its terms; and each Loan Document to which any other Loan Party is a party is, subject to bankruptcyor upon the execution and delivery thereof by such Loan Party will be, insolvency the legal, valid and similar laws affecting the enforceability binding obligation of creditors’ rights generally and to general principles of equitysuch Loan Party, enforceable against such Loan Party in accordance with its terms.

Appears in 2 contracts

Samples: Quarterly Report, Term Loan Agreement (United Rentals Inc /De)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party the Borrower is a party is the legal, valid and binding obligation of such Personthe Borrower, enforceable against such Person the Borrower in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Credit Agreement (First Mid Illinois Bancshares Inc), Credit Agreement (First Mid Illinois Bancshares Inc)

Validity and Binding Nature. Each of this This Agreement and each the other Loan Document Documents to which any Loan such Borrower Party is a party is the constitute legal, valid and binding obligation obligations of such PersonBorrower Party, enforceable against such Person Borrower Party in accordance with its their respective terms, subject to bankruptcy, insolvency insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting the enforceability of creditors’ rights generally and to general principles of equityequity principles.

Appears in 2 contracts

Samples: Credit Agreement (International Lease Finance Corp), Credit Agreement (International Lease Finance Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party or any Subsidiary of a Loan Party is a party party, and each of the Financing Unit Warrants and the Loan & Backstop Warrants, is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Falconstor Software Inc), Term Loan Credit Agreement (Falconstor Software Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is the Borrowers are a party is the legal, valid and binding obligation of such Personthe Borrowers, enforceable against such Person the Borrowers in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Credit Agreement (Bogen Communications International Inc), Credit Agreement (Bogen Communications International Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party or Subsidiary thereof is a party is the legal, valid valid, and binding obligation of such that Person, enforceable against such that Person in accordance with its terms, subject to bankruptcy, insolvency insolvency, and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Credit Agreement (LIV Capital Acquisition Corp.), Credit Agreement (AgileThought, Inc.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Company or any Loan Party Guarantor is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Credit Agreement (SP Plus Corp), Credit Agreement (Standard Parking Corp)

Validity and Binding Nature. Each of this This Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Credit Agreement (International Baler Corp), Credit Agreement (Reinhold Industries Inc/De/)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party the Borrower is a party is the legal, valid and binding obligation of such Personthe Borrower, enforceable against such Person the Borrower in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Credit Agreement (Bingham Financial Services Corp), Credit Agreement (Bingham Financial Services Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document and each Related Transaction Agreement to which any Loan Party Borrower or any Subsidiary of any Borrower is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Credit Agreement (Thane International Inc), Credit Agreement (Thane International Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party Borrower is a party is the legal, valid and binding obligation of such PersonBorrower, enforceable against such Person Borrower in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Term Loan and Revolving Credit Agreement (Byline Bancorp, Inc.), Revolving Credit Agreement (Byline Bancorp, Inc.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and United States similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Uti Worldwide Inc)

Validity and Binding Nature. Each of this Agreement and each --------------------------- other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Kv Pharmaceutical Co /De/)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Transaction Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (American Railcar Industries, Inc.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Company or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcyBankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Global Technovations Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Parent or any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equityequity regardless of whether considered in a proceeding in equity or law.

Appears in 1 contract

Samples: Credit Agreement (Russ Berrie & Co Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party or Subsidiary thereof is a party is the legal, valid valid, and binding obligation of such that Person, enforceable against such that Person in accordance with its terms, subject to bankruptcy, insolvency insolvency, and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (AgileThought, Inc.)

Validity and Binding Nature. Each of this This Agreement and each all of the other Loan Document Documents to which any a Loan Party is a party is are the legal, valid and binding obligation obligations of such Personeach, enforceable against such Person it in accordance with its their respective terms, subject except to the extent that enforcement thereof may be limited by bankruptcy, insolvency insolvency, reorganization, moratorium and other laws enacted for the relief of debtors generally and other similar laws affecting the enforceability enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and to general principles of equityother equitable remedies.

Appears in 1 contract

Samples: Credit Agreement (Creative Realities, Inc.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.laws

Appears in 1 contract

Samples: Credit Agreement (Huron Consulting Group Inc.)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any the Borrower and each other Loan Party is a party is the legal, valid and binding obligation of such Personthe Borrower and each other Loan Party, enforceable against such Person the Borrower and each other Loan Party in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equityequity regardless of whether considered in a proceeding in equity or law.

Appears in 1 contract

Samples: Credit Agreement (Russ Berrie & Co Inc)

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Validity and Binding Nature. Each of this This Agreement and each the other Loan Document Documents to which any Loan such Borrower Party is a party is the constitute (or will constitute when duly executed and delivered) legal, valid and binding obligation obligations of such PersonBorrower Party, enforceable against such Person Borrower Party in accordance with its their respective terms, subject to bankruptcy, insolvency insolvency, examinership, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting the enforceability of creditors' rights generally and to general principles of equityequity principles.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Fly Leasing LTD)

Validity and Binding Nature. Each of this Agreement and Agreement, each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Cellular Dynamics International, Inc.)

Validity and Binding Nature. Each of this Agreement Agreement, and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Cpi Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Affiliated Party is a party has been duly executed and delivered by such Person and is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Term Loan Agreement (Semco Energy Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Company or any other Loan Party is a party is the legal, valid and binding obligation of such PersonLoan Party, enforceable against such Person Loan Party in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (First Reserve Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Company or any other Loan Party is a party has been duly executed and delivered by such Loan Party and is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Tokheim Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party Borrower is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (MPW Industrial Services Group Inc)

Validity and Binding Nature. Each of this This Agreement and each other Loan --------------------------- Document to which the Company or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (College Television Network Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Affiliated Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Semco Energy Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Company or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, C\251418.0000000000 16509377 subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Penske Automotive Group, Inc.)

Validity and Binding Nature. Each of this This Agreement and each other Loan Document to which the Company or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (CTN Media Group Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Borrower, the Company or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ creditors= rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Carmax Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any of the Companies or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Compudyne Corp)

Validity and Binding Nature. Each of this This Agreement and each all of the other Loan Document Documents to which any each Loan Party is a party is are the legal, valid and binding obligation obligations of such PersonLoan Party, enforceable against such Person Loan Party in accordance with its their respective terms, subject except to the extent that enforcement thereof may be limited by bankruptcy, insolvency insolvency, reorganization, moratorium and other laws enacted for the relief of debtors generally and other similar laws affecting the enforceability enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and to general principles of equityother equitable remedies.

Appears in 1 contract

Samples: Credit Agreement (Janel Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Company or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equityequity regardless of whether considered in a proceeding in equity or law.

Appears in 1 contract

Samples: Credit Agreement (Russ Berrie & Co Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party the Company is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Semco Energy Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such PersonLoan Party, enforceable against such Person Loan Party in accordance with its terms, subject to 26385498.9 37 bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Mattersight Corp)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equityequity regardless of whether considered in a proceeding in equity or law.

Appears in 1 contract

Samples: Credit Agreement (Russ Berrie & Co Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Borrower, the Company or any other Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Carmax Inc)

Validity and Binding Nature. Each of this Agreement and Agreement, each other Loan Document Document, each of the Gelco Acquisition Documents, and each of the Secondary Offering Documents to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Concur Technologies Inc)

Validity and Binding Nature. Each of this This Agreement is, --------------------------- and upon the execution and delivery thereof each other Loan Document to which the Company or any other Loan Party is a party is will be, the legal, valid and binding obligation of the Company or any such PersonLoan Party, respectively, enforceable against the Company or such Person Loan Party in accordance with its terms, subject to except as such enforceability may be limited by the effect of bankruptcy, insolvency and insolvency, reorganization, moratorium or other similar laws affecting the enforceability of limiting creditors, rights generally and to general principles of equityor by equitable principles.

Appears in 1 contract

Samples: Credit Agreement (Wyle Electronics)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which any Loan Party is a party has been duly and validly executed and delivered by or on behalf of such Loan Party and is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Primoris Services Corp)

Validity and Binding Nature. Each of this Agreement and each other --------------------------- Loan Document to which the Company or any other Loan Party is a party is the legal, valid and binding obligation of such PersonLoan Party, enforceable against such Person Loan Party in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (World Fuel Services Corp)

Validity and Binding Nature. Each of this This Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (SPSS Inc)

Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Company or any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equityequity regardless of whether considered in a proceeding in equity or law.

Appears in 1 contract

Samples: Credit Agreement (Russ Berrie & Co Inc)

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