Validity and Enforceability of Documents. Upon the execution and delivery of the Loan Documents, the Loan Documents shall be valid and binding upon the parties that have executed the same in accordance with the respective provisions thereof, and shall be enforceable in accordance with the respective provisions thereof, subject only to applicable bankruptcy, reorganization, insolvency, moratorium and other similar laws affecting the enforcement of creditor’s rights. Execution, delivery and performance of the Loan Documents do not and will not contravene, conflict with, violate or constitute a default under the articles of organization creating Borrower, the operating agreement of Borrower or the resolutions of the directors of Borrower, or any Applicable Law or any agreement, indenture or instrument to which Borrower, or the Guarantor is a party or is bound or which is binding upon or applicable to the Project or any portion thereof.
Validity and Enforceability of Documents. Upon the execution and delivery of the Loan Documents, the Loan Documents shall be valid and binding upon the Borrower and Guarantor in accordance with the respective provisions thereof, and enforceable in accordance with the respective provisions thereof, subject only to applicable bankruptcy, reorganization, insolvency, moratorium and other similar laws affecting the enforcement of creditor's rights. Execution, delivery and performance of the Loan Documents do not and will not contravene, conflict with, violate or constitute a default under the Certificate of Limited Partnership creating Borrower, the Limited Partnership Agreement of Borrower, the organizational agreements of Guarantor or any applicable law, rule, regulation, judgment, decree or order or any agreement, indenture or instrument to which Borrower or Guarantor is a party or is bound or which is binding upon or applicable to the Project or any portion thereof.
Validity and Enforceability of Documents. 23 6.7 Litigation.................................................23 6.8
Validity and Enforceability of Documents. Upon the execution and delivery of the Loan Documents, the Loan Documents shall be valid and binding upon the parties that have executed the same in accordance with the respective provisions thereof, and shall be enforceable in accordance with the respective provisions thereof, subject only to applicable bankruptcy, reorganization, insolvency, moratorium and other similar laws affecting the enforcement of creditor’s rights.
Validity and Enforceability of Documents. Upon the execution and delivery of the Term Loan Documents, the Term Loan Documents shall be valid and binding upon the parties that have executed the same in accordance with the respective provisions thereof, and shall be enforceable in accordance with the respective provisions thereof, subject only to applicable bankruptcy, reorganization, insolvency, moratorium and other similar laws affecting the enforcement of creditor’s rights.
Validity and Enforceability of Documents. Upon the execution and delivery of the Loan Documents, the Loan Documents shall be valid and binding upon the parties that have executed the same in accordance with the respective provisions thereof, and enforceable in accordance with the respective provisions thereof, subject only to applicable bankruptcy, reorganization, insolvency, moratorium and other similar laws affecting the enforcement of creditor's rights. Execution, delivery and performance of the Loan Documents do not and will not contravene, conflict with, violate or constitute a default under any Applicable Law or any agreement, indenture or instrument to which the Borrower, Sole Member, Contractor or Seller is a party or is bound or which is binding upon or applicable to the Property or any portion thereof.
Validity and Enforceability of Documents. Upon the execution and delivery of the Loan Documents, the Loan Documents shall be valid and binding upon the parties that have executed the same in accordance with the respective provisions thereof, and enforceable in accordance with the respective provisions thereof, subject only to applicable bankruptcy, reorganization, insolvency, moratorium and other similar laws affecting the enforcement of creditor's rights. Execution, delivery and performance of the Loan Documents do not and will not contravene, conflict with, violate or constitute a default under the Partnership Agreement, or any Applicable Law or any agreement, indenture or instrument to which the Borrower or General Partner is a party or is bound or which is binding upon or applicable to the Property or any portion thereof. 6.5
Validity and Enforceability of Documents. Upon the execution and ------------------------------------------- delivery of the Loan Documents, the Loan Documents shall be valid and binding upon the parties that have executed the same in accordance with the respective provisions thereof, and enforceable in accordance with the respective provisions thereof, subject only to applicable bankruptcy, reorganization, insolvency, moratorium and other similar laws affecting the enforcement of creditor's rights. Execution, delivery and performance of the Loan Documents do not and will not contravene, conflict with or violate the articles of incorporation creating Borrower, the Bylaws of Borrower, or any Applicable Law or constitute a default under any material agreement, indenture or instrument to which the Borrower is a party or is bound or which is binding upon or applicable to the Collateral or any portion thereof.
Validity and Enforceability of Documents. (a) The Loan Documents and the Bond Documents, as amended hereby, are valid, binding and enforceable against the parties thereto in accordance with their respective terms.
Validity and Enforceability of Documents. (a) Each of the Loan Documents has been duly authorized, executed and delivered by Borrower and/or Guarantor, as applicable, and are valid and binding upon the parties thereto, enforceable in accordance with the respective provisions thereof, subject only to applicable bankruptcy, reorganization, insolvency, moratorium and other similar laws affecting the enforcement of creditor’s rights. Execution, delivery and performance of the Loan Documents do not and will not contravene, conflict with, violate or constitute a default under the certificate of formation, the operating agreement or any other organizational documents of Borrower, Guarantor or any other Signing Entity, or, to the best of Borrower’s knowledge, any Applicable Law or any agreement, indenture or instrument to which Borrower or any Guarantor or any other Signing Party is a party or is bound or which is binding upon or applicable to the Project or any portion thereof.
