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 8 contracts

Samples: Loan and Security Agreement (Napco Security Systems Inc), Promissory Note (Otr Express Inc/Ks), Loan and Security Agreement (FFP Partners L P)

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