Common use of Enforceability of Obligations Clause in Contracts

Enforceability of Obligations. This Amendment, and the Credit Agreement as amended hereby, constitute the legal, valid and binding obligations of the Borrower and each of the Guarantors enforceable against each such Person in accordance with their respective terms. Immediately prior to and immediately after and after giving effect to this Amendment, no Default or Event of Default exists under the Credit Agreement or any other Loan Document.

Appears in 8 contracts

Sources: Revolving Credit Agreement (Restaurant Co), Revolving Credit Agreement (Restaurant Co), Revolving Credit Agreement (Restaurant Co)

Enforceability of Obligations. This Amendment, Amendment and the Credit Agreement as amended hereby, hereby constitute the legal, valid and binding obligations of the Borrower and each of the Guarantors Borrower, enforceable against each such Person the Borrower in accordance with their respective terms. Immediately prior to and immediately after and after giving effect to this Amendment, no Default or Event of Default exists under the Credit Agreement or any other Loan Document.

Appears in 7 contracts

Sources: Revolving Credit and Term Loan Agreement (Arrow Automotive Industries Inc), Revolving Credit and Term Loan Agreement (Arrow Automotive Industries Inc), Revolving Credit and Term Loan Agreement (Arrow Automotive Industries Inc)

Enforceability of Obligations. This Amendment, and the Credit Agreement as amended hereby, constitute the legal, valid and binding obligations of the Borrower and each of the Guarantors Borrowers and the Parent enforceable against each such Person in accordance with their respective terms. Immediately prior to and immediately after and after giving effect to this Amendment, no Default or Event of Default exists under the Credit Agreement or any other Loan Document.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Trico Marine Services Inc), Revolving Credit Agreement (Trico Marine Services Inc), Revolving Credit Agreement (Trico Marine Services Inc)

Enforceability of Obligations. This Amendment, and the Credit Agreement as amended hereby, constitute the legal, valid and binding obligations of the Borrower and each of the Guarantors Borrowers and the Parent enforceable against each such Person in accordance with their respective terms. Immediately prior to and immediately after and after giving effect to this Amendment, no Default or Event of Default exists under the Credit Agreement or any other Loan Document.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Trico Marine Services Inc), Revolving Credit Agreement (Trico Marine Services Inc)

Enforceability of Obligations. This Amendment, and the Credit Agreement as amended hereby, and the other Loan Documents constitute the legal, valid and binding obligations of the Borrower and each of the Guarantors enforceable against each such Person in accordance with their respective terms. Immediately prior to and immediately after and after After giving effect to this Amendment, no Default or Event of Default exists under the Credit Agreement or any other Loan DocumentAgreement.

Appears in 1 contract

Sources: Amended and Restated Revolving Credit and Term Loan Agreement (Hvide Marine Inc)

Enforceability of Obligations. This Amendment, and the Credit Agreement as amended hereby, constitute the legal, valid and binding obligations of the Borrower and each of the Guarantors Borrowers and the Parent enforceable against each such Person in accordance with their respective terms. Immediately prior to and immediately after and after After giving effect to this Amendment, no Default or Event of Default exists under the Credit Agreement or any other Loan Document.

Appears in 1 contract

Sources: Revolving Credit Agreement (Trico Marine Services Inc)

Enforceability of Obligations. This Amendment, and the Credit Agreement as amended hereby, constitute the legal, valid and binding obligations of the Borrower and each of the Guarantors enforceable against each such Person in accordance with their respective terms. Immediately prior to and immediately after and after giving effect to this Amendment, no Default or Event of Default exists under the Credit Agreement or any other Loan Document.

Appears in 1 contract

Sources: Revolving Credit Agreement (Ionics Inc)

Enforceability of Obligations. This Amendment, and the Credit Agreement as amended hereby, constitute the legal, valid and binding obligations of the Borrower and each of the Guarantors Borrowers and the Parent enforceable against each such Person in accordance with their respective terms. Immediately prior to and immediately after and after giving effect to this Amendment, no Default or Event of Default exists under the Credit Agreement or any other Loan Document.

Appears in 1 contract

Sources: Revolving Credit Agreement (Trico Marine Services Inc)

Enforceability of Obligations. This Amendment, and the Credit Agreement as amended hereby, constitute the legal, valid and binding obligations of the Borrower and each of the Guarantors enforceable against each such Person in accordance with their respective terms. Immediately prior to and immediately after and after giving effect to this Amendment, no Default or Event of or Default exists under the Credit Agreement or any other Loan Document.

Appears in 1 contract

Sources: Revolving Credit Agreement (Ionics Inc)