Valid and Binding Obligation. All Loan Documents, and all other documents referred to herein to which Borrower or Guarantor is a party, upon execution and delivery, will constitute valid and binding obligations of Borrower and, Guarantor, enforceable in accordance with their terms except as limited by Debtor Relief Laws.
Appears in 4 contracts
Sources: Construction Loan Agreement (MCI Income Fund VII, LLC), Construction Loan Agreement (MCI Income Fund VII, LLC), Construction Loan Agreement (MCI Income Fund VII, LLC)
Valid and Binding Obligation. All of the Loan Documents, and all other documents referred to herein to which Borrower or Guarantor is a party, upon execution and delivery, delivery will constitute valid and binding obligations of Borrower and, GuarantorBorrower, enforceable in accordance with their terms except as limited by terms, subject to Debtor Relief Laws.
Appears in 2 contracts
Sources: Secured Construction Loan Agreement (Campus Crest Communities, Inc.), Secured Construction Loan Agreement (Campus Crest Communities, Inc.)
Valid and Binding Obligation. All of the Loan DocumentsInstruments, and all other documents referred to herein to which Borrower or Guarantor is a party, upon execution and delivery, delivery will constitute valid and binding obligations of Borrower and, and Guarantor, enforceable in accordance with their terms except as limited by Debtor Relief Laws.
Appears in 2 contracts
Sources: Acquisition and Construction Loan Agreement (Mego Financial Corp), Acquisition and Renovation Loan Agreement (Mego Financial Corp)
Valid and Binding Obligation. All of the Loan Documents, and all other documents referred to herein to which Borrower or Guarantor is a party, upon execution and delivery, delivery will constitute valid and binding obligations of Borrower and, and Guarantor, enforceable in accordance with their terms except as limited by Debtor Relief Lawsapplicable bankruptcy and other debtor relief laws.
Appears in 2 contracts
Sources: Master Construction Loan Agreement, Master Construction Loan Agreement (Wilson Holdings, Inc.)
Valid and Binding Obligation. All of the Loan Documents, and all other documents referred to herein to which Borrower or any Member or Guarantor is a party, upon execution and deliverydelivery by such Person, will constitute valid and binding obligations of Borrower and, Guarantorsuch Person, enforceable in accordance with their terms terms, except as limited by Debtor Relief LawsLaws and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity).
Appears in 2 contracts
Sources: Loan Agreement (Sky Harbour Group Corp), Loan Agreement (Sky Harbour Group Corp)
Valid and Binding Obligation. All Loan Documents, and all other documents referred to herein to which Borrower or Guarantor is a party, upon execution and delivery, will constitute valid and binding obligations of Borrower and, Guarantor, enforceable in accordance with their terms except as limited by Debtor Relief LawsLaws .
Appears in 1 contract
Sources: Construction Loan Agreement (MCI Income Fund VII, LLC)