Common use of 04Binding Effect Clause in Contracts

04Binding Effect.  Each Loan Document has been duly executed and delivered by each Loan Party that is party thereto. Each Loan Document constitutes a legal, valid and binding obligation of each Loan Party that is party thereto, enforceable against each such Loan Party in accordance with its terms. 

Appears in 2 contracts

Sources: Credit Agreement (Wd 40 Co), Credit Agreement (Wd 40 Co)

04Binding Effect.  Each Loan Document has been duly executed and delivered by each Loan Party that is party thereto. Each Loan Document constitutes a legal, valid and binding obligation of each Loan Party that is party thereto, enforceable against each such Loan Party in accordance with its terms. , subject to applicable Debtor Relief Laws or other Laws affecting creditors’ rights generally and subject to general principles of equity.

Appears in 1 contract

Sources: Credit Agreement (Calliditas Therapeutics AB)