Common use of Validity, etc Clause in Contracts

Validity, etc. Each Loan Document to which any Obligor is a party constitutes the legal, valid and binding obligations of such Obligor, enforceable against such Obligor in accordance with their respective terms (except, in any case, as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally and by principles of equity).

Appears in 21 contracts

Samples: Credit Agreement (Ferro Corp), Pledge and Security Agreement (Ferro Corp), First Lien Exit Credit Agreement (Energy XXI Gulf Coast, Inc.)

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Validity, etc. Each Loan Document and each Transaction Document to which any Obligor is a party constitutes the legal, valid and binding obligations of such Obligor, enforceable against such Obligor in accordance with their respective terms (except, in any case, as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally and by principles of equity).

Appears in 8 contracts

Samples: First Lien Credit Agreement (Milagro Oil & Gas, Inc.), Credit Agreement (Energy Xxi (Bermuda) LTD), Credit Agreement (Energy Xxi (Bermuda) LTD)

Validity, etc. Each Loan Document to which any Obligor is a party constitutes the legal, valid and binding obligations of such Obligor, enforceable against such Obligor in accordance with their respective terms (except, in any case, as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors' rights generally and by principles of equity).

Appears in 5 contracts

Samples: Credit Agreement (United Surgical Partners International Inc), Credit Agreement (United Surgical Partners Holdings Inc), Credit Agreement (Swift Transportation Co Inc)

Validity, etc. Each Loan Document and the Material Transaction Documents to which any each Obligor is a party constitutes constitute, or will, on the due execution and delivery thereof by such Obligor, constitute, the legal, valid and binding obligations of such Obligor, enforceable against such Obligor it in accordance with their respective terms (except, in any case, as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors' rights generally and by principles of equity).

Appears in 3 contracts

Samples: Bridge Loan Agreement (Associated Materials Inc), Credit Agreement (Associated Materials Inc), Credit Agreement (Associated Materials Inc)

Validity, etc. Each Loan Document to which any each Obligor is a party constitutes constitutes, or will, on the due execution and delivery thereof by such Obligor, constitute, the legal, valid and binding obligations of such Obligor, enforceable against such Obligor it in accordance with their respective terms (except, in any case, as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors' rights generally and by principles of equity).

Appears in 1 contract

Samples: Credit Agreement (Stericycle Inc)

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Validity, etc. Each Loan Document to which any Obligor is a party constitutes the legal, valid and binding obligations obligation of such Obligor, enforceable against such Obligor in accordance with their its respective terms (except, in any case, as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally and by principles of equity).

Appears in 1 contract

Samples: Credit Agreement (Champion Enterprises Inc)

Validity, etc. Each Loan Document to which any Obligor is a party constitutes the legal, valid and binding obligations of such Obligor, enforceable against such Obligor in accordance with their respective terms (except, in any case, as such enforceability 49 may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally and by principles of equity).

Appears in 1 contract

Samples: Revolving Credit Agreement (Ust Inc)

Validity, etc. Each Loan Document and each Acquisition Document to which any Obligor is a party constitutes the legal, valid and binding obligations of such Obligor, enforceable against such Obligor in accordance with their respective terms (except, in any case, as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally and by principles of equity).

Appears in 1 contract

Samples: Credit Agreement (Radiant Oil & Gas Inc)

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