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 or Guarantor is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of Borrowers and Guarantor (jointly and severally) enforceable against each in accordance with the terms thereof, except to the extent enforceability thereof is limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally.

Validity and Legal Effect. This Agreement constitutes, and the other Loan Documents to which Borrower, any Borrower of its Subsidiaries or Guarantor is a party constitute (or will constitute when executed and delivered), the legal, valid and binding obligations of Borrowers Borrower, such Subsidiary and Guarantor (jointly and severally) enforceable against each in accordance with the terms thereof, except to the extent enforceability thereof is limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally.

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