Common use of Validity and Binding Effect Clause in Contracts

Validity and Binding Effect. The Agreement, as amended hereby, is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended hereby, is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' ’ rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended hereby, This Agreement is a the legal, valid and binding obligation of the such Borrower, enforceable against the Borrower it in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency insolvency, reorganization, receivership, fraudulent conveyance, fraudulent transfer, moratorium or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability (regardless of equitable remedieswhether considered in a proceeding in equity or at law).

Validity and Binding Effect. The Agreement, as amended hereby, is a legal, valid and binding obligation of the BorrowerBorrowers, enforceable against the Borrower Borrowers in accordance with its respective terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended ---------------------------- hereby, is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended hereby, is is, and the Replacement Note when duly executed and delivered will be, a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended hereby, Amended Agreement is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended ----------------------------- hereby, is a legal, legal valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles principals of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended hereby, --------------------------- is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended hereby, is a is, and when duly executed and delivered will be legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended hereby, is a and the Note are the legal, valid and binding obligation obligations of the Borrower, enforceable against the Borrower in accordance with its their respective terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended hereby, is is, and the Replacement Note when duty executed and delivered will be, a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended herebyby this Amendment, is a and the Pledge Agreement are legal, valid and binding obligation obligations of the Borrower, enforceable against the Borrower in accordance with its their respective terms, except as enforceability may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Validity and Binding Effect. The Agreement, as amended hereby, This Agreement is a the legal, valid and binding obligation of the BorrowerDebtors, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited subject only to limitations imposed by bankruptcy, insolvency insolvency, moratorium or other similar laws affecting the rights of creditors generally or the application of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remediesprinciples.