Enforceable Agreements. Each of the DIP Financing Documents has been duly executed and delivered by such Obligor and constitutes a legal, valid and binding obligation of Borrowers, enforceable against such Obligor in accordance with its terms, subject to the Financing Orders.
Appears in 2 contracts
Sources: Debtor in Possession Credit Agreement (Peregrine Systems Inc), Debt Agreement (BMC Software Inc)
Enforceable Agreements. Each of the DIP Financing Documents has been duly executed and delivered by such Obligor Borrower and constitutes a legal, valid and binding obligation of BorrowersBorrower, enforceable against such Obligor each Borrower in accordance with its terms, subject to the Financing Orders.
Appears in 2 contracts
Sources: Loan and Security Agreement (Elandia, Inc.), Post Petition Loan and Security Agreement (Drypers Corp)
Enforceable Agreements. Each of the DIP Financing Documents has been duly executed and delivered by such Obligor Borrowers and constitutes a legal, valid and binding obligation of Borrowers, enforceable against such Obligor each Borrower in accordance with its terms, subject to the Financing Orders.
Appears in 1 contract