Common use of Validity; Enforceability Clause in Contracts

Validity; Enforceability. The Loan Documents executed by each Obligor constitute, the legal, valid and binding obligations of such Obligor enforceable in accordance with their respective terms.

Appears in 4 contracts

Sources: Credit Agreement (Monaco Coach Corp /De/), Credit Agreement (Monaco Coach Corp /De/), Credit Agreement (Monaco Coach Corp /De/)

Validity; Enforceability. The Loan Documents executed by each Obligor will, on the due execution and delivery thereof, constitute, the legal, valid and binding obligations of such Obligor enforceable in accordance with their respective terms.

Appears in 1 contract

Sources: Credit Agreement (Penford Corp)