Common use of Validity and Legal Effect Clause in Contracts

Validity and Legal Effect. This Agreement constitutes, and the other Loan Documents to which any Borrower is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of each Borrower (jointly and severally) enforceable against it in accordance with the terms thereof.

Appears in 5 contracts

Samples: Credit Facility Agreement (MCG Finance Corp), Credit Facility Agreement (MCG Finance Corp), Credit Facility Agreement (NBG Radio Network Inc)

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Validity and Legal Effect. This Agreement constitutes, and the other Loan Documents to which the Borrower or any Borrower Subsidiary is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of the Borrower and each Borrower (jointly and severally) Subsidiary enforceable against it in accordance with the terms thereof, except as enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting creditors' rights generally or by equitable principles relating to enforceability.

Appears in 3 contracts

Samples: Credit and Term Loan Agreement (Quiksilver Inc), Revolving Credit Agreement (Quiksilver Inc), Credit and Term Loan Agreement (Quiksilver Inc)

Validity and Legal Effect. This Agreement constitutes, and the other ------------------------- Loan Documents to which the Borrower or any Borrower Subsidiary is a party party, constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of the Borrower and each Borrower (jointly and severally) Subsidiary enforceable against it in accordance with the terms thereof.

Appears in 2 contracts

Samples: Term Loan Agreement (Entravision Communications Corp), Term Loan Agreement (Entravision Communications Corp)

Validity and Legal Effect. This Agreement constitutes, and the other ------------------------- Loan Documents to which any Borrower or any Subsidiary is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of each Borrower (jointly and severally) and each Subsidiary enforceable against it in accordance with the terms thereof.

Appears in 2 contracts

Samples: Credit Agreement (Entravision Communications Corp), Credit Agreement (Entravision Communications Corp)

Validity and Legal Effect. This Agreement constitutes, and the other Loan Documents to which any Borrower Loan Party is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of each Borrower (jointly and severally) such Loan Party enforceable against it in accordance with the terms thereof, except as enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting creditors' rights generally or by equitable principles relating to enforceability.

Appears in 2 contracts

Samples: Credit Agreement (Quiksilver Inc), Credit Agreement (Quiksilver Inc)

Validity and Legal Effect. This Agreement constitutes, and the other Loan Documents to which any Borrower is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of each Borrower (jointly and severally) enforceable against it in accordance with the terms thereof, except to the extent that the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' rights generally or by equitable principles of general application.

Appears in 1 contract

Samples: Credit Agreement (Integrity Inc)

Validity and Legal Effect. This Agreement constitutes, and the other Loan Documents to which the Borrower or any Borrower Subsidiary is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of the Borrower and each Borrower (jointly and severally) Subsidiary enforceable against it in accordance with the terms thereof, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law).

Appears in 1 contract

Samples: Credit Agreement (Entravision Communications Corp)

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Validity and Legal Effect. This Agreement constitutes, and the ------------------------- other Loan Documents to which the Borrower or any Borrower Subsidiary is a party constitute (or will constitute ** greater than 48 when executed and delivered), the legal, valid and binding obligations of the Borrower and each Borrower (jointly and severally) Subsidiary enforceable against it in accordance with the terms thereof.

Appears in 1 contract

Samples: Credit Agreement (Entravision Communications Corp)

Validity and Legal Effect. This Agreement constitutes, and the other Loan Documents to which any the Borrower is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of each the Borrower (jointly and severally) enforceable against it in accordance with the terms thereof, except as enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws affecting creditors' rights generally or by equitable principles relating to enforceability.

Appears in 1 contract

Samples: Term Loan Agreement (Quiksilver Inc)

Validity and Legal Effect. This Agreement constitutes, and the other Loan Documents to which any (any) Borrower is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of each Borrower (jointly and severally) enforceable against it in accordance with the terms thereof.

Appears in 1 contract

Samples: Credit Agreement (Hearx LTD)

Validity and Legal Effect. This Agreement constitutes, and the other Loan Documents to which any Borrower is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of each Borrower (jointly and severally) enforceable against it in accordance with the terms thereof.

Appears in 1 contract

Samples: Credit Facility Agreement (Startec Global Communications Corp)

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