Common use of Valid, Binding and Enforceable Clause in Contracts

Valid, Binding and Enforceable. This Agreement and the Loan Documents have been duly and validly executed and delivered by the Borrower and constitute the valid and legally binding obligations of the Borrower enforceable in accordance with their respective terms, except as enforcement of this Agreement and the other Loan Documents may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 2 contracts

Sources: Loan Agreement (Fuel Tech N V), Loan Agreement (HCH Acquisition Corp)

Valid, Binding and Enforceable. This Agreement and the Loan Documents have been duly and validly executed and delivered by the Borrower and constitute the valid and legally binding obligations of the Borrower enforceable in accordance with their respective terms, except as enforcement of this Agreement and the other Loan Documents may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 2 contracts

Sources: Loan Agreement (Eldertrust), Loan Agreement (Eldertrust)

Valid, Binding and Enforceable. This Agreement and the Loan Documents have been duly and validly executed and delivered by the Borrower parties thereto (other than the Banks) and constitute the valid and legally binding obligations of the Borrower such parties enforceable in accordance with their respective terms, except as enforcement of this Agreement Agreement, and the other Loan Documents may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 2 contracts

Sources: Loan and Agency Agreement (Intermagnetics General Corp), Loan and Agency Agreement (Intermagnetics General Corp)

Valid, Binding and Enforceable. This Agreement and the Loan Documents have been duly and validly executed and delivered by the Borrower parties thereto (other than the Bank) and constitute the valid and legally binding obligations of the Borrower such parties enforceable in accordance with their respective terms, except as enforcement of this Agreement and the other Loan Documents may be limited by bankruptcy, insolvency insolvency, fraudulent conveyance or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 2 contracts

Sources: Loan Agreement (Nutrition Management Services Co/Pa), Loan Agreement (Nutrition Management Services Co/Pa)

Valid, Binding and Enforceable. This Agreement and the Loan ------------------------------ Documents have been duly and validly executed and delivered by the Borrower and constitute the valid and legally binding obligations of the Borrower enforceable in accordance with their respective terms, except as enforcement of this Agreement and the other Loan Documents may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 1 contract

Sources: Revolving Credit Agreement (Centocor Diagnostics Inc)

Valid, Binding and Enforceable. This Agreement and the other Loan Documents have been duly and validly executed and delivered by the Borrower parties thereto (other than the Agent and the Bank) and constitute the valid and legally binding obligations of the Borrower such parties enforceable in accordance with their respective terms, except as enforcement of this Agreement and the other Loan Documents may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Integrated Circuit Systems Inc)

Valid, Binding and Enforceable. This Agreement and the other Loan Documents have been duly and validly executed and delivered by the Borrower and the other parties thereto (other than the Administrative Agent and the Lenders) and constitute the valid and legally binding obligations of the Borrower and such other parties enforceable in accordance with their respective terms, except as enforcement of this Agreement and the other Loan Documents may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 1 contract

Sources: Loan Agreement (Kensey Nash Corp)

Valid, Binding and Enforceable. This Agreement and the Loan ------------------------------ Documents have been duly and validly executed and delivered by the Borrower parties thereto (other than the Bank) and constitute the valid and legally binding obligations of the Borrower such parties enforceable in accordance with their respective terms, except as enforcement of this Agreement and the other Loan Documents may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 1 contract

Sources: Loan Agreement (Astropower Inc)

Valid, Binding and Enforceable. This Agreement and the other Loan Documents have been duly and validly executed and delivered by the Borrower parties thereto (other than the Bank) and constitute the valid and legally binding obligations of the Borrower such parties enforceable in accordance with their respective terms, except as enforcement of this Agreement and the other Loan Documents may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 1 contract

Sources: Revolving Credit Loan Agreement (Integrated Circuit Systems Inc)

Valid, Binding and Enforceable. This Agreement Agreement, the Note and the other Loan Documents have been duly and validly executed and delivered by the Borrower Debtor and constitute the valid and legally binding obligations of the Borrower Debtor enforceable in accordance with their respective terms, except as enforcement of this Agreement and the other Loan Documents may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 1 contract

Sources: Loan and Security Agreement (Cold Metal Products Inc)

Valid, Binding and Enforceable. This Agreement and the other Loan Documents have been duly and validly executed and delivered by the Borrower parties thereto (other than the Bank) and constitute the valid and legally binding obligations of the Borrower such parties enforceable in accordance with their respective terms, except as enforcement of this Agreement and the other Loan Documents may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights and except as enforcement is subject to general equitable principles.

Appears in 1 contract

Sources: Revolving Credit Agreement (Environmental Tectonics Corp)