Common use of Authorization; Enforceability Clause in Contracts

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 108 contracts

Sources: Credit Agreement (Vmware, Inc.), Credit Agreement (Pioneer Natural Resources Co), Credit Agreement (Brown Forman Corp)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 68 contracts

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

Authorization; Enforceability. The Transactions are within the Company’s and each other Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Company and each other Borrower and constitutes a legal, valid and binding obligation of the Borrowereach of them, 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 36 contracts

Sources: 364 Day Credit Agreement (Automatic Data Processing Inc), Credit Agreement (Automatic Data Processing Inc), 364 Day Credit Agreement (Automatic Data Processing Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers of the Borrower and have been duly authorized by all necessary corporate and, if required, stockholder equity holder action. This Agreement Each Loan Document has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrowerthereof, 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 20 contracts

Sources: Fourth Amendment to Credit Agreement (Allete Inc), Credit Agreement (Allete Inc), Term Loan Agreement (Allete Inc)

Authorization; Enforceability. The Transactions are within the Borrowereach Credit Party’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower each Credit Party and constitutes a legal, valid and binding obligation of the Borrowereach 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 12 contracts

Sources: Credit Agreement (Brown Forman Corp), 364 Day Credit Agreement (Brown Forman Corp), Credit and Guarantee Agreement (H&r Block Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s each Credit Party's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower each Credit Party and constitutes a legal, valid and binding obligation of the Borrowereach 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 11 contracts

Sources: Credit and Guarantee Agreement (H&r Block Inc), Credit and Guarantee Agreement (H&r Block Inc), Credit and Guarantee Agreement (H&r Block Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder shareholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower 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 11 contracts

Sources: Revolving Credit Facility (Williams Randa Duncan), Revolving Credit Facility (Williams Randa Duncan), Revolving Credit Facility (Williams Randa Duncan)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate limited partnership powers and have been duly authorized by all necessary corporate and, if required, stockholder limited partnership action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower 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: Second Amended and Restated Credit Agreement (Magellan Midstream Partners, L.P.), 364 Day Credit Agreement (Magellan Midstream Partners Lp), Credit Agreement (Magellan Midstream Partners Lp)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has The Loan Documents have been duly executed and delivered by the Borrower and constitutes a constitute legal, valid and binding obligation obligations of the Borrower, enforceable in accordance with its their 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 9 contracts

Sources: Senior Unsecured Multi Year Revolving Credit Agreement (HF Sinclair Corp), Senior Unsecured Multi Year Revolving Credit Agreement (HF Sinclair Corp), Senior Unsecured 5 Year Revolving Credit Agreement (HollyFrontier Corp)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower 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 8 contracts

Sources: Credit Agreement (Cme Group Inc.), Credit Agreement (Cme Group Inc.), Credit Agreement (Cme Group Inc.)

Authorization; Enforceability. The Transactions are within the Borrower’s its corporate powers power and have been duly authorized by all necessary corporate and, if required, stockholder and other action. This Agreement has and the other Financing Documents have been duly executed and delivered by the Borrower it and constitutes a constitute legal, valid and binding obligation obligations of the Borrowerit, enforceable in accordance with its their terms, subject to applicable bankruptcy, insolvency, reorganizationreorganisation, moratorium or other laws 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 (Brookfield Business Corp), Credit Agreement (Brookfield Business Partners L.P.), Credit Agreement (Brookfield Business Partners L.P.)

Authorization; Enforceability. The Transactions are within the each Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the each Borrower and constitutes a legal, valid and binding obligation of the such Borrower, 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: Revolving Credit Agreement (Fortune Brands Inc), Revolving Credit Agreement (Fortune Brands Inc), 364 Day Revolving Credit Agreement (Fortune Brands Inc)

Authorization; Enforceability. The Transactions are within the each Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if requiredcorporate, stockholder and other action. This Agreement Each Loan Document has been duly executed and delivered by the each Borrower party thereto and constitutes a legal, valid and binding obligation of the each Borrower, 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 (Miller Herman Inc), Credit Agreement (Miller Herman Inc), Credit Agreement (Miller Herman Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s Borrowers’ corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower Borrowers and constitutes a legal, valid and binding obligation of the BorrowerBorrowers, 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 (Argo Group International Holdings, Ltd.), Credit Agreement (Argo Group International Holdings, Ltd.), Credit Agreement (Franklin Electric Co Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has and the other Loan Documents have been duly executed and delivered by the Borrower and constitutes a constitute legal, valid and binding obligation obligations of the Borrower, enforceable against it in accordance with its their respective 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 (National General Holdings Corp.), Credit Agreement (National General Holdings Corp.), Credit Agreement (Amtrust Financial Services, Inc.)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder shareholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Health Net Inc), Credit Agreement (Wellpoint Health Networks Inc /De/), Credit Agreement (Health Net Inc)

Authorization; Enforceability. The Transactions are within the BorrowerCompany’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower Company and constitutes a legal, valid and binding obligation of the BorrowerCompany, 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: Term Loan Agreement (Agilent Technologies, Inc.), Term Loan Credit Agreement (Dun & Bradstreet Corp/Nw), Term Loan Credit Agreement (Dun & Bradstreet Corp/Nw)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has and the other Loan Documents have been duly executed and delivered by the Borrower and constitutes constitute a legal, valid and binding obligation of the Borrower, enforceable in accordance with its their respective 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 (Waddell & Reed Financial Inc), Credit Agreement (Waddell & Reed Financial Inc), Credit Agreement (Waddell & Reed Financial Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Algonquin Power & Utilities Corp.), Competitive Advance and Revolving Credit Facility Agreement (Sherwin Williams Co), Five Year Competitive Advance and Revolving Credit Facility Agreement (Sherwin Williams Co)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate limited partnership powers and have been duly authorized by all necessary corporate and, if required, stockholder partnership action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower 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 (Enterprise GP Holdings L.P.), Credit Agreement (Enterprise GP Holdings L.P.), Credit Agreement (Enterprise GP Holdings L.P.)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, and stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Service Corp International), Credit Agreement (Service Corp International), Credit Agreement (Service Corp International)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers of the Borrower and have been duly authorized by all necessary corporate and, if required, stockholder equity holder action. This Agreement Each Loan Document has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrowerthereof, 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 4 contracts

Sources: Term Loan Agreement (Cleco Corp), Credit Agreement (Allete Inc), Credit Agreement (Cleco Power LLC)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate partnership powers and have been duly authorized by all necessary corporate partnership and, if required, stockholder partner action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower 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 and Term Loan Agreement (Duncan Energy Partners L.P.), 364 Day Revolving Credit Agreement (Enterprise Products Operating L P), Interim Term Loan Agreement (Enterprise Products Partners L P)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder or other action. This Agreement has been duly executed and delivered by the Borrower and constitutes constitutes, and each other Loan Document, when executed and delivered by the Borrower, will constitute, a legal, valid and binding obligation of the Borrower, 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 (E TRADE FINANCIAL Corp), 364 Day Credit Agreement (E TRADE FINANCIAL Corp), Credit Agreement (E TRADE FINANCIAL Corp)

Authorization; Enforceability. The Transactions are within the Borrower’s Borrowers’ corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder or shareholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the BorrowerBorrowers, 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 (Scansource, Inc.), Credit Agreement (Scansource Inc), Credit Agreement (Scansource Inc)

Authorization; Enforceability. The Transactions are within ------------------------------ the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Frontier Corp /Ny/), Credit Agreement (Franklin Electronic Publishers Inc), Credit Agreement (Frontier Corp /Ny/)

Authorization; Enforceability. The Transactions are ----------------------------- within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Pure Resources Inc), Credit Agreement (Pure Resources Inc), Credit Agreement (Pure Resources Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate organizational powers and have been duly authorized by all necessary corporate organizational and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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: Loan Agreement (Moodys Corp /De/), 364 Day Bridge Credit Agreement (Moodys Corp /De/), Credit Agreement (Moodys Corp /De/)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Manhattan Bancorp), Credit Agreement (Sherwin Williams Co), Credit Agreement (Sherwin Williams Co)

Authorization; Enforceability. The Transactions are within the Borrower’s Borrowers’ corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower Borrowers and constitutes a legal, valid and binding obligation of the each Borrower, 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 (Mirion Technologies, Inc.), Credit Agreement (Mirion Technologies, Inc.), Credit Agreement (Mirion Technologies, Inc.)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder actionaction of the Borrower. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Broadridge Financial Solutions, Inc.), Credit Agreement (Broadridge Financial Solutions, Inc.), Credit Agreement (Broadridge Financial Solutions, Inc.)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 Credit Agreement (CDK Global, Inc.), Credit Agreement (CDK Global, Inc.), Credit Agreement (CDK Global, Inc.)

Authorization; Enforceability. The Transactions are within the each Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has and the Support Agreement have been duly executed and delivered by the each Borrower and each constitutes a legal, valid and binding obligation of the each Borrower, 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 (Metlife Inc), 364 Day Credit Agreement (Metlife Inc), 364 Day Credit Agreement (Metlife Inc)

Authorization; Enforceability. The Transactions are within the Borrowereach Obligor’s corporate or other organizational powers and have been duly authorized by all necessary corporate and, if required, stockholder or other organizational action. This Agreement has been duly executed and delivered by the Borrower each Obligor and constitutes a legal, valid and binding obligation of the Borrowereach Obligor, 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 (Sherwin Williams Co), Credit Agreement (Sherwin Williams Co)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has The Credit Documents have been duly executed and delivered by the Borrower (and, if applicable, each other Borrower Party) and constitutes a constitute legal, valid and binding obligation obligations of the Borrowerapplicable Borrower Party, enforceable in accordance with its their 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 (Blackstone Private Credit Fund), Credit Agreement (Blackstone Private Credit Fund)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Electro Rent Corp), Credit Agreement (Mesa Laboratories Inc /Co)

Authorization; Enforceability. The Transactions are within the each Borrower’s corporate organizational powers and have been duly authorized by all necessary corporate organizational and, if required, stockholder equityholder action. This Agreement has been duly executed and delivered by the each Borrower and constitutes a legal, valid and binding obligation of the each Borrower, 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 (LogMeIn, Inc.), Credit Agreement (LogMeIn, Inc.)

Authorization; Enforceability. The Transactions are within the Borrower’s Obligors’ corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder shareholder action. This Each of this Agreement and the other Loan Documents has been duly executed and delivered by the Borrower each Obligor and constitutes a legal, valid and binding obligation of the Borrowersuch Obligor, 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: Term Loan Agreement (Smithfield Foods Inc), Term Loan Agreement (Smithfield Foods Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s Borrowers’ corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the BorrowerBorrowers, 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 (Citrix Systems Inc), Credit Agreement (Citrix Systems Inc)

Authorization; Enforceability. The Transactions transactions contemplated hereby are within the Borrower’s its corporate powers power and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower it and constitutes a legal, valid and binding obligation of the Borrowerit, 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: Iru Agreement (Winstar Communications Inc), Iru Agreement (Winstar Communications Inc)

Authorization; Enforceability. The Transactions are within the BorrowerCompany’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower Company and constitutes a legal, valid and binding obligation of the BorrowerCompany, 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: Bridge Credit Agreement (CDK Global Holdings, LLC), Bridge Credit Agreement (CDK Global Holdings, LLC)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has and the other Loan Documents have been duly executed and delivered by the Borrower and constitutes a constitute legal, valid and binding obligation obligations of the Borrower, enforceable against it in accordance with its their respective terms, subject to applicable bankruptcy, insolvency, reorganization, fraudulent conveyance, 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 (Amtrust Financial Services, Inc.), Credit Agreement

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent transfer or conveyance, 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 (Arbitron Inc), Credit Agreement (Arbitron Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has and the other Loan Documents have been duly executed and delivered by the Borrower and constitutes constitute a legal, valid and binding obligation of the Borrower, 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 (Waddell & Reed Financial Inc), Credit Agreement (Waddell & Reed Financial Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate limited partnership powers and have been duly authorized by all necessary corporate and, if required, stockholder limited partnership action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Magellan Midstream Partners Lp), Credit Agreement (Magellan Midstream Partners Lp)

Authorization; Enforceability. The Transactions are within the Borrower’s its corporate or other organizational powers and have been duly authorized by all necessary corporate or other organizational action and, if required, stockholder action. This Agreement Each Loan Document has been duly executed and delivered by the Borrower it and constitutes a legal, valid and binding obligation of the Borrowerit, 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 (Cabot Corp), Credit Agreement (Cabot Corp)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium Debtor Relief Laws 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 (Simpson Manufacturing Co Inc /Ca/), Credit Agreement (Simpson Manufacturing Co Inc /Ca/)

Authorization; Enforceability. The Transactions are within ----------------------------- the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Cambridge Technology Partners Massachusetts Inc), Credit Agreement (Par Technology Corp)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder actionaction of the Borrower. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Broadridge Financial Solutions, Inc.), Interim Credit Agreement (Broadridge Financial Solutions, Inc.)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement Each Loan Document has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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: 5 Year Revolving Credit Agreement (Diamond Offshore Drilling Inc), 5 Year Revolving Credit Agreement (Diamond Offshore Drilling Inc)

Authorization; Enforceability. The Transactions are within the Borrowereach Loan Party’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Tesla, Inc.)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate 's partnership powers and have been duly authorized by all necessary corporate partnership and, if required, stockholder partner action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower 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 (Enterprise Products Operating L P)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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.. SECTION

Appears in 1 contract

Sources: Credit Agreement (Central Vermont Public Service Corp)

Authorization; Enforceability. The Transactions transactions contemplated by the Agreement are within the Borrower’s corporate limited liability company powers of the Borrower and have been duly authorized by all necessary corporate and, if required, stockholder limited liability company action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Sotherly Hotels Lp)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers of the Company and the Guarantors and have been duly authorized by all necessary corporate and, if required, stockholder equity holder action. This Agreement and each Related Document to which the Company or any Guarantor is a party has been duly executed and delivered by the Borrower Company and the Guarantors and constitutes a legal, valid and binding obligation of the Borrowerthereof, 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 1 contract

Sources: Loan Agreement (Badger Meter Inc)

Authorization; Enforceability. The Transactions are within the each Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower Borrowers and constitutes a legal, valid and binding obligation of the each Borrower, 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 (Matrix Service Co)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement and the Side Letter Agreement each has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Gatx Financial Corp)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 1 contract

Sources: Credit Agreement (Sysco Corp)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and generally, subject to general principles of equity, equity regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Credit Agreement (SBC Communications Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers of the Borrowers and have been duly authorized by all necessary corporate and(including, if required, stockholder stockholder) action. This Agreement and each other Loan Document has been duly executed and delivered by the each Borrower that is a party thereto and constitutes a legal, valid and binding obligation of the such Borrower, enforceable in accordance with its respective 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 (Hauser Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate organizational powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Each of this Agreement has and the Loan Agreement have been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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: Lender Rate Mode Covenants Agreement (Tucson Electric Power Co)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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.affecting

Appears in 1 contract

Sources: Credit Agreement (Pennzoil Quaker State Co)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate Borrower action and, if required, stockholder and/or member action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 Security Agreement (Archipelago Holdings L L C)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement Each Loan Document to which the Borrower is a party has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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: Loan Agreement (Teva Pharmaceutical Industries LTD)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement Each Loan Document has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Capital Trust Inc)

Authorization; Enforceability. The Transactions are within the each Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the each Borrower and constitutes a legal, valid and binding obligation of the such Borrower, 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 (Fortune Brands Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s Borrowers' corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower Borrowers and constitutes a legal, valid and binding obligation of the BorrowerBorrowers, 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 (Volt Information Sciences Inc)

Authorization; Enforceability. The Transactions and the Acquisition are each within the Borrower’s 's corporate powers and have each been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Food Lion Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate or other organizational powers and have been duly authorized by all necessary corporate or other organizational and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights 4832-2498-4973 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 (Progress Software Corp /Ma)

Authorization; Enforceability. The Transactions are within the each Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the each Borrower and constitutes a legal, valid and binding obligation of the each such Borrower, 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: 5 Year Revolving Credit Agreement (Murphy Oil Corp /De)

Authorization; Enforceability. The Transactions are within each of the Borrower’s Borrowers’ corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by each of the Borrower Borrowers and constitutes a legal, valid and binding obligation of each of the BorrowerBorrowers, 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 (KKR Financial Corp)

Authorization; Enforceability. The Transactions are within the BorrowerCompany’s corporate or other organizational powers and have been duly authorized by all necessary corporate or other organizational and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower Company and constitutes a legal, valid and binding obligation of the BorrowerCompany, 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: Private Shelf Agreement (Saia Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate 's powers and have been duly authorized by all necessary corporate and, if required, stockholder actionactions by the trustees thereof. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Eaton Vance Corp)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate limited liability company powers and have been duly authorized by all necessary corporate and, if required, stockholder organizational action. This The Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally Debtor Relief Laws 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 (Fortress Transportation & Infrastructure Investors LLC)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has The Loan Documents have been duly executed and delivered by the Borrower and constitutes constitute a legal, valid and binding obligation of the Borrower, 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 (Koss Corp)

Authorization; Enforceability. The Transactions transactions contemplated by this Agreement are within the Borrower’s corporate powers limited liability company powers, and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by constitutes the Borrower and constitutes a legal, valid valid, and binding obligation obligations of the Borrower, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium 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 (Enviva Partners, LP)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement The Restatement Amendment has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Cole Kenneth Productions Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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.generally

Appears in 1 contract

Sources: Credit Agreement (Genencor International Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate limited liability company powers and have been duly authorized by all necessary corporate and, if required, stockholder limited liability company action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower 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 lawLaw.

Appears in 1 contract

Sources: Senior Working Capital Revolving Credit and Letter of Credit Reimbursement Agreement (Sabine Pass Liquefaction, LLC)

Authorization; Enforceability. The Transactions affecting the Borrower are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Arch Chemicals Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s Obligors' corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder shareholder action. This Each of this Agreement and the other Loan Documents has been duly executed and delivered by the Borrower each Obligor and constitutes a legal, valid and binding obligation of the Borrowersuch Obligor, 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: Term Loan Agreement (Smithfield Foods Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has The Loan Documents have been duly executed and delivered by the Borrower and constitutes a constitute legal, valid and binding obligation obligations of the Borrower, enforceable in accordance with its their 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 (Valero Energy Corp/Tx)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has The Credit Documents have been duly executed and delivered by the Borrower and constitutes a constitute legal, valid and binding obligation obligations of the Borrower, enforceable in accordance with its their 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 (Apollo Debt Solutions BDC)

Authorization; Enforceability. The Transactions are ------------------------------------------- within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Pure Resources Inc)

Authorization; Enforceability. The Transactions are Transaction is ----------------------------- within the Borrower’s corporate 's powers and have has been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has and the other Transaction Documents have been duly executed and delivered by the Borrower and constitutes a constitute the legal, valid and binding obligation obligations of the Borrower, enforceable in accordance with its their respective 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: Term Loan Agreement (Boston Properties Inc)

Authorization; Enforceability. The Transactions are within the each Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the each Borrower and constitutes a legal, valid and binding obligation of the such Borrower, 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 1 contract

Sources: Credit Agreement (Sysco Corp)

Authorization; Enforceability. The Transactions are Transaction is within the Borrower’s corporate 's powers and have has been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has and the other Transaction Documents have been duly executed and delivered by the Borrower and constitutes a constitute legal, valid and binding obligation obligations of the Borrower, enforceable in accordance with its their respective 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 (Vornado Realty Trust)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers of the Borrower and have been duly authorized by all necessary corporate and, if required, stockholder equityholder action. This Agreement Each Loan Document has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrowerthereof, 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 lawgenerally.

Appears in 1 contract

Sources: Credit Agreement (CMP Group Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Pharmerica Inc)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers of the Borrower and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has and the Loan Documents have been duly executed and delivered by the Borrower and constitutes a constitute the legal, valid and binding obligation of the Borrower, 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 (Mobile Infrastructure Corp)

Authorization; Enforceability. The Transactions are within the each Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder shareholder action. This Agreement and each other Loan Document to which a Borrower is a party has been duly executed and delivered by the each Borrower party thereto and constitutes a its legal, valid and binding obligation of the Borrowerobligation, 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.affecting

Appears in 1 contract

Sources: 364 Day Credit Agreement (NYSE Euronext)

Authorization; Enforceability. The Transactions are within the each Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the each Borrower and constitutes a legal, valid and binding obligation of the each Borrower, 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 (Borgwarner Inc)

Authorization; Enforceability. The Transactions affecting the Borrower are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Arch Chemicals Inc)

Authorization; Enforceability. The Transactions are ----------------------------- within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Global Industrial Technologies Inc)

Authorization; Enforceability. The Transactions are within the each Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement and each other Loan Document has been duly executed and delivered by the each Borrower party thereto and constitutes a its legal, valid and binding obligation of the Borrowerobligation, 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 (Discover Financial Services)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has All Loan Documents have been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against Borrower 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 (Rocket Companies, Inc.)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement has been duly executed and delivered by the Borrower Borrower, and constitutes a legal, valid and binding obligation of the Borrower, 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: Loan Agreement (Oneida LTD)

Authorization; Enforceability. The Transactions are within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder shareholder action. This Credit Agreement has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Medtronic Inc)

Authorization; Enforceability. The Transactions are ------------------------------ within the Borrower’s 's corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action. This Agreement Each of the Loan Documents has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Advanced Radio Telecom Corp)

Authorization; Enforceability. The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if requiredrequired or applicable, stockholder actionshareholder or member actions. This Credit Agreement and each promissory note, if any, has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, 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 (Kyphon Inc)