Common use of Authorization; Enforceability Clause in Contracts

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 31 contracts

Sources: Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Toys R Us Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 19 contracts

Sources: Credit Agreement (Amerisourcebergen Corp), Credit Agreement (Galyans Trading Co Inc), Credit Agreement (Gartner Group Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan Party, as applicable, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 18 contracts

Sources: First Lien Credit Agreement (Select Medical Holdings Corp), First Lien Credit Agreement (Select Medical Corp), First Lien Credit Agreement (Select Medical Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionaction and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan Party, as the case may be, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 18 contracts

Sources: Credit Agreement (Virtu Financial, Inc.), Credit Agreement (Virtu Financial, Inc.), Credit Agreement (Virtu Financial, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 15 contracts

Sources: Credit Agreement (Argo Tech Corp), Purchase and Sale Agreement (Williams Companies Inc), Credit Agreement (Marketing Services Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate organizational or constitutional powers and have been duly authorized by all necessary corporate, membership, partnership organizational or other necessary actionconstitutional action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 14 contracts

Sources: Refinancing Amendment to Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party on the Effective Date are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder or member action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto ▇▇▇▇▇ ▇ and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed by and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 13 contracts

Sources: Thirteenth Amendment Agreement (Level 3 Parent, LLC), Amendment Agreement (Level 3 Communications Inc), Credit Agreement (Level 3 Communications Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such and the execution, delivery and performance by each Loan Party’s corporate powers and Party of the Loan Documents have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionaction and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 12 contracts

Sources: Credit Agreement (Smithfield Foods Inc), Credit Agreement (Smithfield Foods Inc), Amendment No. 2 to Credit Agreement (Smithfield Foods Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or such Loan Party (as the case may be), enforceable against such Borrower or such other Loan Party, enforceable as the case may be, in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 12 contracts

Sources: Credit Agreement (SPX FLOW, Inc.), Credit Agreement (SPX Corp), Credit Agreement (SPX Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of each such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and subject to general principles of equitygenerally, regardless of whether considered in a proceeding in equity or at law.

Appears in 11 contracts

Sources: Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions entered into or to be entered into by each Loan Party are within such Loan Party’s corporate powers and powers. The Loan Documents have been duly authorized by all necessary corporate, membership, partnership or the Borrower and each other necessary actionLoan Party party thereto. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is or is to be a party, constitutes or when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of each such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 10 contracts

Sources: Credit Agreement (Huntington Ingalls Industries, Inc.), Credit Agreement (Huntington Ingalls Industries, Inc.), Credit Agreement (Huntington Ingalls Industries, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such and the execution, delivery and performance by each Loan Party’s corporate powers and Party of the Loan Documents have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionaction and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 10 contracts

Sources: Term Loan Agreement (Tyson Foods, Inc.), Term Loan Agreement (Tyson Foods, Inc.), 364 Day Term Loan Agreement (Tyson Foods Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionaction and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrowers or such Loan Party, as the case may be, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 8 contracts

Sources: Credit Agreement (SMART Global Holdings, Inc.), Credit Agreement (SMART Global Holdings, Inc.), Credit Agreement (SMART Global Holdings, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate corporate, partnership or other applicable powers and have been duly authorized by all necessary corporate, membershippartnership and, partnership if required, stockholder or other necessary equityholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 8 contracts

Sources: Credit Agreement (Amerisourcebergen Corp), Credit Agreement (Amerisourcebergen Corp), Credit Agreement (Amerisourcebergen Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Parent Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Parent Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 8 contracts

Sources: Replacement Facility Amendment (Trimas Corp), Incremental Facility Agreement (Trimas Corp), Credit Agreement (Trimas Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 8 contracts

Sources: Credit Agreement (Coty Inc.), Credit Agreement (Coty Inc /), Credit Agreement (Coty Inc.)

Authorization; Enforceability. The transactions contemplated hereby Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 7 contracts

Sources: Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 6 contracts

Sources: Credit Agreement (Toys R Us Inc), Credit Agreement (Toys R Us Inc), Credit Agreement (Toys R Us Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational and, if required, stockholder or other equityholder action of each Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Company and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Company or such Loan Party, as the case may be, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 6 contracts

Sources: Credit Agreement (Kla Corp), Credit Agreement (Kla Corp), Credit Agreement (Kla Tencor Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Senior Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 6 contracts

Sources: Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp)

Authorization; Enforceability. The transactions contemplated hereby Loan Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate 's powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 5 contracts

Sources: Revolving Credit Agreement (Memc Electronic Materials Inc), Revolving Credit Agreement (Memc Electronic Materials Inc), Revolving Credit Agreement (Memc Electronic Materials Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate 's powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Parent Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Parent Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 5 contracts

Sources: Credit Agreement (Metaldyne Corp), Credit Agreement (Trimas Corp), Credit Agreement (Trimas Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary organizational and, if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 5 contracts

Sources: Credit Agreement (Blockbuster Inc), Credit Agreement (Blockbuster Inc), Credit Agreement (Symbol Technologies Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of each such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and subject to general principles of equitygenerally, regardless of whether considered in a proceeding in equity or at law.

Appears in 5 contracts

Sources: Credit Agreement (HC2 Holdings, Inc.), Credit Agreement (HC2 Holdings, Inc.), Credit Agreement (Internap Network Services Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate organizational or constitutional powers and have been duly authorized by all necessary corporate, membership, partnership constitutional or other necessary actionorganizational action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 5 contracts

Sources: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of each such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equitygenerally, regardless of whether considered in a proceeding in equity or at law.

Appears in 5 contracts

Sources: Credit Agreement (Biglari Holdings Inc.), Credit Agreement (Biglari Holdings Inc.), Credit Agreement (Biglari Holdings Inc.)

Authorization; Enforceability. The transactions contemplated hereby Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Sources: Fixed Asset Credit Agreement (Pliant Corpororation), Working Capital Credit Agreement (Pliant Corpororation), Credit Agreement (Pliant Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and or individual, as the case may be, powers. The Transactions to be entered into by each Loan Party have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Sources: Credit Agreement (U Haul International Inc), Credit Agreement (U Haul International Inc), Credit Agreement (U Haul International Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrowers or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Sources: Revolving Credit Facility Agreement (Albany International Corp /De/), Revolving Credit Facility Agreement (Albany International Corp /De/), Revolving Credit Facility Agreement (Albany International Corp /De/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary limited liability company action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Sources: Amended and Restated Credit Agreement (Solaris Oilfield Infrastructure, Inc.), Credit Agreement (Solaris Oilfield Infrastructure, Inc.), Credit Agreement (Solaris Oilfield Infrastructure, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Senior Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Sources: Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Sources: Credit Agreement (Jo-Ann Stores Inc), Credit Agreement (Jo-Ann Stores Inc), Credit Agreement (Petsmart Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary equityholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of each such Borrower or Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Sources: Credit Agreement (Great Atlantic & Pacific Tea Co Inc), Credit Agreement (Great Atlantic & Pacific Tea Co Inc), Credit Agreement (Great Atlantic & Pacific Tea Co Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Financing Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Pathmark Stores Inc), Credit Agreement (Pathmark Stores Inc), Credit Agreement (Supermarkets General Holdings Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Restatement Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Borrower and such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (American Axle & Manufacturing Holdings Inc), Credit Agreement (American Axle & Manufacturing Holdings Inc), Credit Agreement (American Axle & Manufacturing Holdings Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Credit Party are within such Loan Credit Party’s corporate corporate, partnership or other applicable powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary applicable action and, if required, by stockholder or other equityholder action. This Agreement has been duly executed and delivered by each Loan Credit Party that is a party hereto or thereto and constitutes, and each other Loan Credit Document to which any Loan Credit Party is to be a party, when executed and delivered by such Loan Party Credit Party, will constitute, a legal, valid and binding obligation of such Loan Credit Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Amdocs LTD), Credit Agreement (Amdocs LTD), Credit Agreement (Amdocs LTD)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, 67 when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Aircraft Dry Lease (Williams Companies Inc), Aircraft Dry Lease (Williams Companies Inc), Aircraft Dry Lease (Williams Companies Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents that have been or are to be entered into by each Loan the applicable Credit Party are within such Loan Party’s its corporate or limited liability company powers and have been duly authorized by all necessary corporatecorporate or limited liability company action and, membershipif required, partnership stockholder or other necessary member action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Each Loan Document to which any Loan the applicable Credit Party is a partyparty constitutes (or, in the case of any Loan Document entered into after the Effective Date, when executed and delivered by such Loan Party Person, will constitute, ) a legal, valid and binding obligation of such Loan Credit Party, in each case enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or and other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Cloud Peak Energy Resources LLC), Credit Agreement (Cloud Peak Energy Resources LLC), Credit Agreement (Cloud Peak Energy Resources LLC)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Borrower or such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: 364 Day Credit Agreement (Willis Group Holdings LTD), Credit Agreement (Willis Group Holdings LTD), Credit Agreement (Willis Partners)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party Transactions are within such each Loan Party’s corporate organizational powers and have been duly authorized by all necessary corporateorganizational actions and, membershipif required, partnership or other necessary actionactions by equity holders. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutesParty, and each other Loan Document to which any each Loan Party is a party, when delivered hereunder, will have been duly executed and delivered by such Loan Party will Party. This Agreement constitutes, and each other Loan Document when delivered hereunder shall constitute, a legal, valid and binding obligation of such each Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Akorn Inc), Loan Agreement (Akorn Inc), Credit Agreement (Akorn Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such and the execution, delivery and performance by each Loan Party’s corporate powers and Party of the Loan Documents to which it is a party have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary entity action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Company and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Company or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Term Loan Agreement (Tyson Foods, Inc.), Term Loan Agreement (Tyson Foods, Inc.), Term Loan Agreement (Tyson Foods, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Hechinger Co), Credit Agreement (Hechinger Co), Credit Agreement (Hechinger Co)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (American Apparel, Inc), Credit Agreement (American Apparel, Inc), Credit Agreement (American Apparel, Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionaction and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Usg Corp), Credit Agreement (Usg Corp), Credit Agreement (Usg Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be ------------------------------ entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Eagle Family Foods Inc), Credit Agreement (Eagle Family Foods Inc), Credit Agreement (Laralev Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be Transactions entered into by each Loan Party are were, and the Restatement Transactions entered into by each Loan Party are, within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (BioScrip, Inc.), Credit Agreement (BioScrip, Inc.), Credit Agreement (BioScrip, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Jo-Ann Stores Inc), Credit Agreement (Petsmart Inc), Credit Agreement (Footstar Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Knowles Electronics LLC), Credit Agreement (Knowles Electronics LLC), Credit Agreement (Knowles Electronics LLC)

Authorization; Enforceability. The Transactions and the transactions contemplated hereby and by the other Loan Documents Amendment No. 2 to be entered into by each Loan Party are within such Loan Party’s corporate organizational or constitutional powers and have been duly authorized by all necessary corporate, membership, partnership constitutional or other necessary actionorganizational action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into performed by each Loan Party such Borrower and its Subsidiary Guarantors (excluding use of proceeds) are within the corporate or other organizational powers of such Loan Party’s corporate powers Parties and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary organizational and, if required, stockholder action. This Agreement Each Loan Document to which such Borrower or any of its Subsidiary Guarantors are party has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, and constitutes a legal, valid and binding obligation of each such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (QVC Inc), Credit Agreement (QVC Inc), Credit Agreement (Liberty Interactive Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of the Borrower and the Company and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower, the Company or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Advance Auto Parts Inc), Credit Agreement (Advance Auto Parts Inc), Credit Agreement (Advance Auto Parts Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by Transactions are within each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate or company, membershipas the case may be, partnership and, if required, stockholder or other necessary member, as the case may be, action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Sources: Credit Agreement (Velocita Corp), Credit Agreement (Velocita Corp), Credit Agreement (Pf Net Communications Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Hercules Offshore, Inc.), Credit Agreement (Hercules Offshore, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such other Loan Party, as applicable, enforceable against such Person in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Aspen Technology Inc /De/), 364 Day Bridge Credit Agreement (Aspen Technology Inc /De/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions entered into or to be entered into by each Loan Party are within such Loan Party’s 's corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, constituted or will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Rural Cellular Corp), Credit Agreement (Triton PCS Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary actionaction on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Linens N Things Inc), Credit Agreement (Linens N Things Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate corporate, limited liability company or partnership powers and have been duly authorized by all necessary corporatecorporate or organizational, membershipand, partnership or other necessary if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Zale Corp), Credit Agreement (Z Investment Holdings, LLC)

Authorization; Enforceability. The transactions contemplated hereby Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (American Media Operations Inc), Amendment and Restatement Agreement (American Media Operations Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Borrower and such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (American Axle & Manufacturing Holdings Inc), Credit Agreement (American Axle & Manufacturing Holdings Inc)

Authorization; Enforceability. The transactions contemplated hereby Emergence Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Ami Celebrity Publications, LLC), Revolving Credit Agreement (Ami Celebrity Publications, LLC)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Borrower or such Loan PartyParty (as the case may be), enforceable against Borrower or such Loan Party (as applicable) in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Healthtronics, Inc.), Credit Agreement (Healthtronics, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into completed by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Kansas City Southern Industries Inc), Amendment and Restatement Agreement (Kansas City Southern)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Parent, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Advance Auto Parts Inc), Credit Agreement (Advance Auto Parts Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Grupo Iusacell Celular Sa De Cv), Credit Agreement (Grupo Iusacell Sa De Cv)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Imc Global Inc), Credit Agreement (Imc Global Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Second Priority Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Company and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Company or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Revolving Credit Facility Agreement (Albany International Corp /De/), Revolving Credit Facility Agreement (Albany International Corp /De/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate or other powers and have been duly authorized by all necessary corporateaction, membershipincluding, partnership if required, stockholder or other necessary member action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Land O Lakes Inc), Five Year Credit Agreement (Land O Lakes Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Borrower and such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (American Axle & Manufacturing Holdings Inc), Credit Agreement (American Axle & Manufacturing Holdings Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate corporate, limited partnership, limited liability company and other powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Fifth Amendment to Second Amended and Restated Credit Agreement (Stage Stores Inc), Credit Agreement (Stage Stores Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Advance Auto Parts Inc), Credit Agreement (Advance Auto Parts Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate organizational or constitutional powers and 77 have been duly authorized by all necessary corporate, membership, partnership organizational or other necessary actionconstitutional action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis South America Holdings LLC)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionaction and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrowers or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Usg Corp), Credit Agreement (Usg Corp)

Authorization; Enforceability. The transactions contemplated hereby Transactions ------------------------------ entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Wki Holding Co Inc), Credit Agreement (Wki Holding Co Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be ----------------------------- entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Ixl Enterprises Inc), Credit Agreement (Psinet Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, limited partnership or other necessary limited liability company action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Aris Water Solutions, Inc.), Credit Agreement (Aris Water Solutions, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions ------------------------------ entered into or to be entered into by each Loan Party are within such Loan Party’s 's corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, constituted or will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Triton PCS Holdings Inc), Credit Agreement (Triton PCS Inc)

Authorization; Enforceability. The transactions contemplated hereby Restatement Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp)

Authorization; Enforceability. The transactions contemplated hereby Transactions and by the other Loan Documents 2012 Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan Party, as applicable, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (United Surgical Partners International Inc), Credit Agreement (Shoreline Real Estate Partnership, LLP)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Exit Credit Agreement (Footstar Inc), Debt Agreement (Footstar Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate corporate, partnership or other applicable powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary applicable and, if required, stockholder or other equityholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Amerisourcebergen Corp), Credit Agreement (Amerisourcebergen Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent, CCI and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, CCI and the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Corecomm LTD /De/), Credit Agreement (Corecomm LTD /De/)

Authorization; Enforceability. The transactions contemplated hereby Transactions and by the other Loan Documents Restatement Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Parent Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Parent Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Trimas Corp), Credit Agreement (Trimas Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Credit Agreement (Telecorp Communications Inc), Credit Agreement (Telecorp PCS Inc /Va/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions ----------------------------- to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (Shiloh Industries Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Borrower and such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (American Axle & Manufacturing Holdings Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions ------------------------------ to be entered into by each Loan Party are within such Loan Party’s 's corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (Triton PCS Inc)

Authorization; Enforceability. The transactions contemplated hereby and hereby, by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate or partnership powers and have been duly authorized by all necessary corporatecorporate or partnership, membershipand, partnership or other necessary if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (Zale Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party on the Effective Date are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder or member action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto ▇▇▇▇▇ ▇ and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed by and delivered by such Loan Party 91 Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into ----------------------------- consummated by each Loan Party on or prior to such Credit Event Date are within such Loan Party’s 's corporate or other powers and have been duly authorized by such Loan Party by all necessary corporate, membership, partnership corporate or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit and Reimbursement Agreement (PPL Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be ------------------------------ entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutesthe Borrower, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, and constitutes a legal, valid and binding obligation of the Borrower or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Revolving Credit Facility (Peoplepc Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be ----------------------------- entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (Advance Stores Co Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate or limited liability company powers and have been duly authorized by all necessary corporatecorporate or limited liability company and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (Georgia Gulf Corp /De/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Financing Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (Liberty Group Publishing Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (Pegasus Solutions Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder or other equity holder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (Investools Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary organizational and, if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (Symbol Technologies Inc)

Authorization; Enforceability. The transactions contemplated hereby If any Collateral and by Guarantee Trigger Event occurs, the other Loan Documents to be entered into by each Loan Party Transactions are within such each Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary organizational powers and, if required, stockholder action. This Agreement has been duly executed and delivered by the Company and each Loan Party that is a party hereto or thereto other Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Revolving Credit Agreement (CDK Global, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary actionaction on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its termsterms (including in the jurisdiction of organization of such Loan Party), subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (NDS Group Holdings, LTD)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Company or such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (Willis Towers Watson PLC)