Common use of Validity of Transaction Documents Clause in Contracts

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid, and binding obligations of Debtor and each Consolidated Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy and insolvency laws and laws affecting creditors' rights generally.

Appears in 8 contracts

Sources: Loan and Security Agreement (FFP Marketing Co Inc), Loan and Security Agreement (Sigmatron International Inc), Loan and Security Agreement (FFP Partners L P)

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid, valid and binding obligations of Debtor and each Consolidated Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy and insolvency laws and laws affecting creditors' rights generally.

Appears in 4 contracts

Sources: Loan and Security Agreement (Mercury Air Group Inc), Loan and Security Agreement (Computone Corporation), Loan and Security Agreement (American Artists Film Corp/Mo/)

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid, and binding obligations of Debtor Borrower and each Consolidated Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy and insolvency laws and laws, laws affecting creditors' , rights generallygenerally or general principles of equity.

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Vail Resorts Inc), Revolving Credit and Security Agreement (Koala Corp /Co/)

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid, and binding obligations of Debtor and each Consolidated Borrower and, to the extent they are parties thereto, of each Restricted Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy bankruptcy, insolvency, reorganization, fraudulent transfer or conveyance, moratorium and insolvency laws and similar laws affecting creditors' rights generallygenerally or general principles of equity.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Air Methods Corp)

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid, and binding obligations of Debtor and each Consolidated Borrower and, to the extent they are parties thereto, of each Restricted Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy bankruptcy, insolvency, reorganization, fraudulent transfer or conveyance, moratorium and insolvency laws and similar laws affecting creditors' ’ rights generallygenerally or general principles of equity.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Air Methods Corp)

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid, and binding obligations of Debtor and each Borrower and, to the extent they are parties thereto, of each Consolidated Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy bankruptcy, insolvency, reorganization, fraudulent transfer or conveyance, moratorium and insolvency laws and similar laws affecting creditors' rights generallygenerally or general principles of equity.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Air Methods Corp)

Validity of Transaction Documents. The Transaction Documents constitute the legal, valid, and binding obligations of Debtor and each Borrower and, to the extent they are parties thereto, of each Consolidated Subsidiary and any Third Parties thereto, enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy bankruptcy, insolvency, fraudulent conveyance, moratorium and insolvency laws and similar laws affecting creditors' rights generallygenerally or general principles of equity.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Air Methods Corp)