Common use of Validity and Binding Effect Clause in Contracts

Validity and Binding Effect. This Agreement is, and the Notes when duly executed and delivered will be, the legal, valid and binding obligation of the Borrower, enforceable against it in accordance with their terms, except as enforceability may be limited by bankruptcy, 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 of equitable remedies.

Validity and Binding Effect. This Agreement is, and the Notes when duly executed and delivered will be, is the legal, valid and binding obligation of the such Borrower, enforceable against it in accordance with their its terms, except as enforceability may be limited by bankruptcy, 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. This Agreement is, and the Notes and the other Loan Documents when duly executed and delivered will be, the legal, valid and binding obligation obligations of the Borrower, enforceable against it the Borrower in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, receivership, fraudulent conveyance, fraudulent transfer, moratorium 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. This Agreement is, and the Notes when duly executed and delivered will be, is the legal, valid and binding obligation of the such Borrower, enforceable against it in accordance with their its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, receivership, fraudulent conveyance, fraudulent transfer, voidable transfers, 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. This Agreement The Agreement, as amended hereby, is, and the Notes Replacement Note when duly executed and delivered will be, the a legal, valid and binding obligation of the such Borrower, enforceable against it such Borrower in accordance with their its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, receivership, fraudulent conveyance, fraudulent transfer, moratorium 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. This Agreement isAgreement, the Note, and the Notes any Other Agreements, when duly executed and delivered delivered, will be, the be legal, valid and binding obligation obligations of the Borrower, enforceable against it Borrower in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, receivership, fraudulent conveyance, fraudulent transfer, moratorium 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.