Enforceable Obligations. The Loan Documents have been duly executed and delivered by Borrower and are the legal, valid and binding obligations of Borrower, enforceable in accordance with their respective terms.
Appears in 12 contracts
Sources: Loan Agreement (Digital Recorders Inc), Convertible Loan Agreement (Caminosoft Corp), Convertible Loan Agreement (Caminosoft Corp)
Enforceable Obligations. The Loan Documents have been duly executed and delivered by Borrower and are the legal, valid legal and binding obligations of Borrower, enforceable in accordance with their respective terms, except as limited by Debtor Laws.
Appears in 5 contracts
Sources: Revolving Credit Agreement (Energysouth Inc), Loan and Security Agreement (King Pharmaceuticals Inc), Revolving Credit Agreement (Energysouth Inc)
Enforceable Obligations. The Loan Documents have been duly executed and delivered by Borrower and are are, or will be, the legal, valid legal and binding obligations of Borrower, enforceable in accordance with their respective terms, subject to applicable laws of bankruptcy, insolvency, and similar laws affecting creditors’ rights and the application of general rules at equity.
Appears in 4 contracts
Sources: Senior Credit Agreement (Digital Brands Group, Inc.), Senior Credit Agreement (Digital Brands Group, Inc.), Senior Credit Agreement (Hylete)
Enforceable Obligations. (a) The Loan Documents have been duly executed and delivered by the Borrower and are the legal, valid legal and binding obligations of the Borrower, enforceable in accordance with their respective terms, except as limited by any applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting creditors rights and debtor's obligations.
Appears in 3 contracts
Sources: Convertible Loan Agreement (Integrated Security Systems Inc), Convertible Loan Agreement (Jakks Pacific Inc), Convertible Debenture Loan Agreement (Contour Medical Inc)
Enforceable Obligations. (a) The Loan Documents have been duly executed and delivered by the Borrower and are the legal, valid legal and binding obligations of the Borrower, enforceable in accordance with their respective terms, except as limited by any applicable bankruptcy, insolvency or similar laws now or hereafter in effect affecting creditors rights generally.
Appears in 2 contracts
Sources: Convertible Debenture Loan Agreement (Topro Inc), Convertible Debenture Loan Agreement (Packaging Research Corp)
Enforceable Obligations. The Loan Documents have been duly executed and delivered by Borrower and are the legal, valid legal and binding obligations of Borrower, enforceable in accordance with their respective terms, except as limited by Debtor Laws and general principles of equity.
Appears in 1 contract
Enforceable Obligations. The Loan Documents have been duly executed and delivered by Borrower and are constitute the legal, valid legal and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms, except as such enforceability may be limited by Debtor Laws.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Falconite Inc)
Enforceable Obligations. The Loan Documents have been duly executed and delivered by Borrower and are the legal, valid and binding binding, obligations of Borrower, enforceable in accordance with their respective terms.
Appears in 1 contract
Enforceable Obligations. The Each Loan Documents have Document has been duly executed and delivered by Borrower or its Subsidiaries executing it, and are constitutes the legal, valid and binding obligations of BorrowerBorrower or its Subsidiaries, as applicable, enforceable against Borrower or its Subsidiaries, as applicable, in accordance with their its respective terms.
Appears in 1 contract
Enforceable Obligations. The Loan Documents have been duly executed and delivered by Borrower and are the Borrower. Each Loan Document is the legal, valid valid, and binding obligations obligation of Borrower, the Borrower enforceable against the Borrower in accordance with their respective its terms, except as such enforceability may be limited by any applicable Debtor Relief Laws.
Appears in 1 contract
Enforceable Obligations. The Loan Documents have been duly executed and delivered by Borrower and are the legal, valid legal and binding obligations Obligations of Borrower, Borrower enforceable in accordance with their respective terms, except as limited by bankruptcy, insolvency or similar laws at the time in effect affecting the rights of creditors generally, and to general equitable principles, whether applied in a proceeding at law or in equity.
Appears in 1 contract
Sources: Revolving Loan Agreement (Kellstrom Industries Inc)