Common use of Validity and Binding Nature Clause in Contracts

Validity and Binding Nature. This Agreement is, and the Other Agreements to which Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms except as such enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors' rights, generally.

Validity and Binding Nature. This Agreement is, and the Other Agreements to which Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms except as such enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors' rights, generallyterms.

Validity and Binding Nature. This Agreement is, and the Other Agreements each other Loan --------------------------- Document to which Borrower it is a party when delivered hereunder will be, constitute the legal, valid valid, and binding obligations of Borrower, each Borrower enforceable against such Borrower in accordance with their respective terms terms, except as such to the extent enforceability may be thereof is limited by bankruptcy, insolvency or similar other laws relating to, or affecting the enforcement of of, creditors' rightsrights in general, generallyand by general principles of equity.

Validity and Binding Nature. This Agreement is, and each of the Other Agreements Related Documents to which Borrower is a party is (or, when delivered hereunder duly executed and delivered, will be, ) the legal, valid and binding obligations obligation of Borrower, as applicable, enforceable against Borrower Borrower, as applicable, in accordance with their respective its terms except as such enforceability may be limited by subject to general principles of equity, bankruptcy, insolvency insolvency, reorganization, moratorium or other similar laws affecting the enforcement enforceability of creditors' rights, agreements and rights granted thereunder generally.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Loan Documents to which the Borrower is a party when delivered hereunder will be, are the legal, valid and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms except as such enforceability may be limited by terms, subject to bankruptcy, insolvency or and similar laws affecting the enforcement enforceability of creditors' rights, generally’ rights generally and to general principles of equity.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Loan Documents to which Borrower is a party when delivered hereunder will be, are the legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms except as such enforceability may be limited by terms, subject to bankruptcy, insolvency or and similar laws affecting the enforcement enforceability of creditors' rights, generally’ rights generally and to general principles of equity.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Transaction Documents to which Borrower it is a party when duly executed and delivered hereunder by the Borrower will be, the legal, valid and binding obligations obligation of Borrower, the Borrower enforceable against the Borrower in accordance with their respective terms terms, except as such enforceability may be limited by applicable bankruptcy, insolvency insolvency, reorganization, moratorium or similar laws law affecting the enforcement of creditors' rights, generallyrights generally and by general principles of equity.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Transaction Documents to which Borrower it is a party party, when duly executed and delivered hereunder by Borrower will be, the legal, valid and binding obligations obligation of Borrower, Borrower enforceable against Borrower in accordance with their respective terms terms, except as such enforceability may be limited by applicable bankruptcy, insolvency insolvency, reorganization, moratorium or similar laws law affecting the enforcement creditors’ rights generally and by general principles of creditors' rights, generallyequity.

Validity and Binding Nature. This Agreement is, and the Other Agreements Related Documents --------------------------- to which the Borrower is a party are (or, when delivered hereunder duly executed and delivered, will be, ) the legal, valid and binding obligations of Borrower, the Borrower enforceable against the Borrower in accordance with their respective terms terms, except as such enforceability may be limited by (i) bankruptcy, insolvency or similar laws affecting the enforcement of creditors' rightsrights generally or (ii) general principles of equity, generallyregardless of whether such enforceability is considered in a proceeding in equity or at law.

Validity and Binding Nature. This Agreement is, and the Other Agreements to which each Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of each Borrower, enforceable against each Borrower in accordance with their respective terms terms, except as such enforceability may be enforcement is limited by bankruptcy, insolvency insolvency, rehabilitation or similar moratorium laws affecting the enforcement or general principles of creditors' rights, generallyequity.

Validity and Binding Nature. This Agreement is, and --------------------------- the Other Agreements to which each Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of each Borrower, enforceable against each Borrower in accordance with their respective terms terms, except as such enforceability may be enforcement is limited by bankruptcy, insolvency insolvency, rehabilitation or similar moratorium laws affecting the enforcement or general principles of creditors' rights, generallyequity.

Validity and Binding Nature. This Agreement is, and the Other Agreements Note and the related documents to which the Borrower is a party party, when duly executed and delivered hereunder will be, legal, valid and binding obligations of Borrower, the Borrower enforceable against the Borrower in accordance with their respective terms terms, except as such enforceability may be limited by bankruptcy, insolvency or similar other laws affecting the enforcement of creditors' rights, generallycreditor's rights and remedies.

Validity and Binding Nature. This Agreement is, and the Other --------------------------- Agreements to which Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of Borrower, enforceable against Borrower in accordance with their respective terms except as such enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors' rights, generallyterms.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Loan Documents to which the Borrower is required to be a party when delivered hereunder will be, under the terms of this Agreement are the legal, valid and binding obligations of Borrower, the Borrower enforceable against the Borrower in accordance with their respective terms terms, except as such enforceability to the extent that enforcement thereof may be limited by bankruptcy, insolvency or similar insolvency, reorganization, moratorium and other laws affecting enacted for the enforcement relief of creditors' rightsdebtors generally, generallyfrom time to time in effect.

Validity and Binding Nature. This Agreement is, and the Other --------------------------- Agreements to which each Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of such Borrower, enforceable against such Borrower in accordance with their respective terms except as such enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors' rights, generallyterms.

Validity and Binding Nature. This Agreement is, and each of the Other Agreements Related Documents to which the Borrower is a party is (or, when delivered hereunder duly executed and delivered, will be, ) the legal, 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 subject to bankruptcy, insolvency insolvency, reorganization, moratorium or other similar laws affecting the enforcement enforceability of creditors' rightsagreements and rights granted thereunder generally, generallyand subject to general principles of equity.

Validity and Binding Nature. This Agreement is, and the Other Agreements to which each Borrower is a party when delivered hereunder will be, legal, valid and binding obligations of each Borrower, enforceable against each Borrower in accordance with their respective terms except as such enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors' rights, generallyterms.

Validity and Binding Nature. This Agreement is, and the Other Agreements other Transaction Documents to which Borrower it is a party when duly executed and delivered hereunder by Borrower will be, the legal, valid and binding obligations obligation of Borrower, Borrower enforceable against Borrower in accordance with their respective terms terms, except as such enforceability may be limited by applicable bankruptcy, insolvency insolvency, reorganization, moratorium or similar laws law affecting the enforcement creditors’ rights generally and by general principles of creditors' rights, generallyequity.