Common use of Validity and Binding Nature Clause in Contracts

Validity and Binding Nature. This Agreement is, and the Other Agreements to which Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms.

Validity and Binding Nature. This Agreement is, and the Other Agreements to which Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective termsterms except as such enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors' rights, generally.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Loan Documents to which the Borrower is a party when delivered hereunder will be, are the legal, valid and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Validity and Binding Nature. This Agreement is, and the Other Agreements each other Loan --------------------------- Document to which Borrower it is a party when delivered hereunder will be, constitute the legal, valid valid, and binding obligations of Borrower, each Borrower enforceable against such Borrower in accordance with their respective terms, except to the extent enforceability thereof is limited by bankruptcy, insolvency or other laws relating to, or affecting the enforcement of, creditors' rights in general, and by general principles of equity.

Validity and Binding Nature. This Agreement is, and all of the Other Agreements other Loan Documents to which any Borrower is a party when delivered hereunder will beparty, are the legal, valid and binding obligations of such Borrower, enforceable against such Borrower in accordance with their respective terms, except to the extent that enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium and other laws enacted for the relief of debtors generally and other similar laws affecting the enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and other equitable remedies.

Validity and Binding Nature. This Agreement is, and each of the Other Agreements Related Documents to which Borrower is a party is (or, when delivered hereunder duly executed and delivered, will be, ) the legal, valid and binding obligations obligation of Borrower, as applicable, enforceable against Borrower Borrower, as applicable, in accordance with their respective termsits terms subject to general principles of equity, bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforceability of agreements and rights granted thereunder generally.

Validity and Binding Nature. This Agreement is, and each of the Other Agreements Related Documents to which the Borrower is a party is (or, when delivered hereunder duly executed and delivered, will be, ) the legal, valid and binding obligations obligation of Borrower, the Borrower enforceable against the Borrower in accordance with their respective termsits terms subject to bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforceability of agreements and rights granted thereunder generally, and subject to general principles of equity.

Validity and Binding Nature. This Agreement is, and the Other Agreements to which each Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of each Borrower, enforceable against each Borrower in accordance with their respective terms, except as such enforcement is limited by bankruptcy, insolvency, rehabilitation or moratorium laws or general principles of equity.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Transaction Documents to which Borrower it is a party when duly executed and delivered hereunder by Borrower will be, the legal, valid and binding obligations obligation of Borrower, Borrower enforceable against Borrower in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally and by general principles of equity.

Validity and Binding Nature. This Agreement is, and all of the Other Agreements other Loan Documents to which Borrower is a party when delivered hereunder will be, are the legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms, except to the extent that enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium and other laws enacted for the relief of debtors generally and other similar laws affecting the enforcement of creditors' rights generally or by equitable principles which may affect the availability of specific performance and other equitable remedies.

Validity and Binding Nature. This Agreement is, and the Other --------------------------- Agreements to which each Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of such Borrower, enforceable against such Borrower in accordance with their respective terms.

Validity and Binding Nature. This Agreement is, and --------------------------- the Other Agreements to which each Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of each Borrower, enforceable against each Borrower in accordance with their respective terms, except as such enforcement is limited by bankruptcy, insolvency, rehabilitation or moratorium laws or general principles of equity.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Loan Documents to which the Borrower is required to be a party when delivered hereunder will be, under the terms of this Agreement are the legal, valid and binding obligations of Borrower, the Borrower enforceable against the Borrower in accordance with their respective terms, except to the extent that enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium and other laws enacted for the relief of debtors generally, from time to time in effect.

Validity and Binding Nature. This Agreement is, and the Other Agreements Note and the related documents to which the Borrower is a party party, when duly executed and delivered hereunder will be, legal, valid and binding obligations of Borrower, the Borrower enforceable against the Borrower in accordance with their respective terms, except as such may be limited by bankruptcy, insolvency or other laws affecting creditor's rights and remedies.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Loan Documents to which Borrower is a party when delivered hereunder will be, are the legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

Validity and Binding Nature. This Agreement is, and the Other Agreements to which each Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of each Borrower, enforceable against each Borrower in accordance with their respective terms.

Validity and Binding Nature. This Agreement is, and the Other Agreements Related Documents --------------------------- to which the Borrower is a party are (or, when delivered hereunder duly executed and delivered, will be, ) the legal, valid and binding obligations of Borrower, the Borrower enforceable against the Borrower in accordance with their respective terms, except as such enforceability may be limited by (i) bankruptcy, insolvency or similar laws affecting the enforcement of creditors' rights generally or (ii) general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Validity and Binding Nature. This Agreement is, and the Other --------------------------- Agreements to which Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Transaction Documents to which Borrower it is a party party, when duly executed and delivered hereunder by Borrower will be, the legal, valid and binding obligations obligation of Borrower, Borrower enforceable against Borrower in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally and by general principles of equity.