Common use of Validity of Agreements Clause in Contracts

Validity of Agreements. If this Agreement, the Notes, any Reimbursement Agreement, or any other Loan Document shall for any reason cease to be, or be asserted by Holdings, any other Borrower or any other party intended to be bound thereby (other than a Lender or the Agent) not to be, a legal, valid and binding obligation of any party thereto (other than the Agent, the Letter of Credit Issuer or any Lender) enforceable in accordance with its terms.

Appears in 5 contracts

Samples: Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc)

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Validity of Agreements. If this Agreement, the Notes, any Reimbursement Agreement, or any other Loan Document shall for any reason cease to be, or be asserted by Holdings, any other Borrower or any other party intended to be bound thereby (other than a Lender or the Agent) not to be, a legal, valid and binding obligation of any party thereto (other than the Agent, the Letter of Credit Issuer or any Lender) enforceable in accordance with its terms.. ​

Appears in 2 contracts

Samples: Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc)

Validity of Agreements. If this Agreement, the Notes, any Reimbursement Agreement, Notes or any other Loan Document shall for any reason cease to be, or be asserted by Holdings, any other Borrower or any other party intended to be bound thereby (other than a Lender or the Agent) not to be, a legal, valid and binding obligation of any party thereto (other than the Agent, the Letter of Credit Issuer Agent or any Lender) enforceable in accordance with its terms.

Appears in 1 contract

Samples: Credit Agreement (Lincoln Electric Holdings Inc)

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Validity of Agreements. If this Agreement, the Notes, any Reimbursement Agreement, or any other Loan Document shall for any reason cease to be, or be asserted in writing by Holdings, any other Borrower or any other party intended to be bound thereby (other than a Lender or the an Agent) not to be, a legal, valid and binding obligation of any party thereto (other than the an Agent, the Letter of Credit Issuer or any Lender) enforceable in accordance with its terms, other than any termination thereof in accordance with its terms.

Appears in 1 contract

Samples: Credit Agreement (Lincoln Electric Holdings Inc)

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