Common use of Validity and Binding Nature Clause in Contracts

Validity and Binding Nature. This Agreement is, and the Notes when duly executed and delivered will be, legal, valid and binding obligations of the Company enforceable against the Company in accordance with their respective terms.

Appears in 13 contracts

Samples: Revolving Loan and Credit Agreement (Chicago Title Corp), Five Year Revolving Credit Agreement (Sherwin Williams Co), 364 Day Revolving Credit Agreement (Sherwin Williams Co)

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Validity and Binding Nature. This Agreement is, and the Notes (if any) when duly executed and delivered will be, legal, valid and binding obligations of the Company Company, enforceable against the Company in accordance with their respective terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

Appears in 5 contracts

Samples: 364 Day Revolving Credit Agreement (International Lease Finance Corp), Revolving Credit Agreement (International Lease Finance Corp), 364 Day Revolving Credit Agreement (International Lease Finance Corp)

Validity and Binding Nature. This Agreement is, and the Notes when duly executed and delivered will be, legal, valid and binding obligations of the Company Company, enforceable against the Company in accordance with their respective terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

Appears in 5 contracts

Samples: 364 Day Revolving Credit Agreement (International Lease Finance Corp), 364 Day Revolving Credit Agreement (International Lease Finance Corp), 364 Day Revolving Credit Agreement (International Lease Finance Corp)

Validity and Binding Nature. This Agreement is, and the Notes (if any) when duly executed and delivered will be, legal, valid and binding obligations of the Company Company, enforceable against the Company in accordance with their respective terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles.

Appears in 5 contracts

Samples: 364 Day Revolving Credit Agreement (International Lease Finance Corp), Revolving Credit Agreement (International Lease Finance Corp), Revolving Credit Agreement (International Lease Finance Corp)

Validity and Binding Nature. This Agreement is, and the Notes when has been duly executed and delivered by the Company and is, and each of the other Documents, when executed and delivered by the Company will be, a legal, valid and binding obligations obligation of the Company Company, enforceable against the Company in accordance with their respective termsits terms (except as enforcement thereof may be limited by bankruptcy, reorganization, insolvency, moratorium or other laws or equitable principles affecting the enforcement of creditors' rights generally).

Appears in 4 contracts

Samples: Securities Purchase Agreement (Compressco Inc), Securities Purchase Agreement (Greenlight Capital LLC), Securities Purchase Agreement (Uniview Technologies Corp)

Validity and Binding Nature. This Agreement is, and the Committed Notes (if any) when duly executed and delivered will be, legal, valid and binding obligations of the Company Company, enforceable against the Company in accordance with their respective terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles.

Appears in 3 contracts

Samples: Three Year Revolving Credit Agreement (International Lease Finance Corp), Revolving Credit Agreement (International Lease Finance Corp), Revolving Credit Agreement (International Lease Finance Corp)

Validity and Binding Nature. This Agreement is, and the --------------------------- Notes when duly executed and delivered will be, legal, valid and binding obligations of the Company Company, enforceable against the Company in accordance with their respective terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

Appears in 2 contracts

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

Validity and Binding Nature. This Agreement isis a legal, valid and binding obligation of the Company, and the Notes Notes, when duly executed and delivered will be, legal, valid and binding obligations of the Company Company, in each case enforceable against the Company in accordance with their respective terms.

Appears in 1 contract

Samples: Credit Agreement (TRW Inc)

Validity and Binding Nature. This Agreement is, and the --------------------------- Notes when duly executed and delivered will be, legal, valid and binding obligations of the Company enforceable against the Company it in accordance with their respective terms, subject only to bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforceability of rights of creditors generally.

Appears in 1 contract

Samples: Credit Agreement (General Signal Corp)

Validity and Binding Nature. This Agreement is, and upon the Notes when duly executed execution and delivered delivery thereof each Note will be, the legal, valid and binding obligations obligation of the Company Company, enforceable against the Company in accordance with their respective its terms.

Appears in 1 contract

Samples: Credit Agreement (Meyer Fred Inc)

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Validity and Binding Nature. This Agreement has been duly --------------------------- executed and delivered by the Company and is, and each of the Notes other Documents, when duly executed and delivered by the Company will be, a legal, valid and binding obligations obligation of the Company Company, enforceable against the Company in accordance with their respective termsits terms (except as enforcement thereof may be limited by bankruptcy, reorganization, insolvency, moratorium or other laws or equitable principles affecting the enforcement of creditors' rights generally).

Appears in 1 contract

Samples: Securities Purchase Agreement (Grace Development Inc)

Validity and Binding Nature. This Agreement is, and the Notes each Note --------------------------- when duly executed and delivered will be, a legal, valid and binding obligations obligation of the Company Company, enforceable against the Company in accordance with their respective its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws at the time in effect affecting the enforceability of the rights of creditors generally and by the application of general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Global Industrial Technologies Inc)

Validity and Binding Nature. This Agreement is, and the Notes Note when duly executed and delivered by the Company will be, legal, valid and binding obligations of the Company Company, enforceable against the Company in accordance with their respective terms, except as such enforcement may be limited by the application of bankruptcy, moratorium, reorganization or other laws affecting the rights of creditors generally or by general principles of equity (whether or not a proceeding is brought in a court of law or equity).

Appears in 1 contract

Samples: Term Loan Agreement (Montgomery Ward Holding Corp)

Validity and Binding Nature. This Agreement is, and the Notes --------------------------- when duly executed and delivered by the Company will be, legal, valid and binding obligations of the Company Company, enforceable against the Company in accordance with their respective terms, except as such enforcement may be limited by the application of bankruptcy, moratorium, reorganization or other laws affecting the rights of creditors generally or by general principles of equity (whether or not a proceeding is brought in a court of law or equity).

Appears in 1 contract

Samples: Credit Agreement (Montgomery Ward Holding Corp)

Validity and Binding Nature. This Agreement is, and the Notes when duly executed and delivered will be, legal, valid and binding obligations of the Company enforceable against the Company in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 1 contract

Samples: Credit Agreement (Puget Sound Energy Inc)

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