Common use of Validity of Transaction Documents Clause in Contracts

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid and binding obligations of Debtor and each Consolidated Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy and insolvency laws and laws affecting creditors' rights generally.

Appears in 3 contracts

Samples: Loan and Security Agreement (Computone Corporation), Loan and Security Agreement (Delsoft Consulting Inc), Security Agreement (American Artists Film Corp/Mo/)

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Validity of Transaction Documents. The Transaction Documents constitute the legal, valid valid, and binding obligations of Debtor Borrower and each Consolidated Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy and insolvency laws and laws, laws affecting creditors' , rights generallygenerally or general principles of equity.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Vail Resorts Inc), Revolving Credit and Security Agreement (Koala Corp /Co/)

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid valid, and binding obligations of Debtor and each Consolidated Borrower and, to the extent they are parties thereto, of each Restricted Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy bankruptcy, insolvency, reorganization, fraudulent transfer or conveyance, moratorium and insolvency laws and similar laws affecting creditors' rights generallygenerally or general principles of equity.

Appears in 1 contract

Samples: And Security Agreement (Air Methods Corp)

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid valid, and binding obligations of Debtor and each Borrower and, to the extent they are parties thereto, of each Consolidated Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy bankruptcy, insolvency, reorganization, fraudulent transfer or conveyance, moratorium and insolvency laws and similar laws affecting creditors' rights generallygenerally or general principles of equity.

Appears in 1 contract

Samples: And Security Agreement (Air Methods Corp)

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid and binding obligations of Debtor and each Consolidated Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy and insolvency laws and laws affecting creditors' rights generally.. 4.15

Appears in 1 contract

Samples: Loan and Security Agreement (Mercury Air Group Inc)

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Validity of Transaction Documents. The Transaction Documents constitute the legal, valid valid, and binding obligations of Debtor and each Consolidated Borrower and, to the extent they are parties thereto, of each Restricted Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy bankruptcy, insolvency, reorganization, fraudulent transfer or conveyance, moratorium and insolvency laws and similar laws affecting creditors' rights generallygenerally or general principles of equity.

Appears in 1 contract

Samples: And Security Agreement (Air Methods Corp)

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid valid, and binding obligations of Debtor and each Borrower and, to the extent they are parties thereto, of each Consolidated Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy bankruptcy, insolvency, fraudulent conveyance, moratorium and insolvency laws and similar laws affecting creditors' rights generallygenerally or general principles of equity.

Appears in 1 contract

Samples: Credit, Term Loan and Security Agreement (Air Methods Corp)

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