Common use of Binding Effect and Enforceability Clause in Contracts

Binding Effect and Enforceability. Upon delivery hereof and thereof, this Agreement, the Notes and the Loan and other Transaction Documents to which any Borrower is a party or signatory will be its respective legal, valid and binding obligations enforceable in accordance with their respective terms and provisions (except as limited by bankruptcy, insolvency or other laws or equitable principles of general application relating to the enforcement of creditors' rights generally) and, on the date of said delivery, none of the Borrowers will be in violation or contravention of, and no Default or Event of Default will exist under, any of the foregoing.

Appears in 2 contracts

Samples: Credit Agreement (Stericycle Inc), Credit Agreement (Stericycle Inc)

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Binding Effect and Enforceability. Upon execution and delivery hereof and thereof, this Agreement, the Notes Agreement and the other Loan and other Transaction Documents to which any the Borrower is a party or signatory will be its respective legal, valid and binding obligations enforceable in accordance with their respective terms and provisions (except as limited by bankruptcy, insolvency or other laws or equitable principles of general application relating to the enforcement of creditors' rights generally) and, on the date of said execution and delivery, none of the Borrowers Borrower will not be in violation or contravention of, and no Default or Event of Default will exist under, any of the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Full Circle Capital Corp)

Binding Effect and Enforceability. Upon delivery hereof and thereof, this Agreement, the Notes Note and the Loan and other Transaction Supporting Documents to which any the Borrower is a party or signatory will be its respective the legal, valid and binding obligations Obligations of the Borrower enforceable in accordance with their respective terms and provisions (except as limited by enforcement thereof may be subject to applicable bankruptcy, insolvency insolvency, moratorium or other similar laws or equitable principles of general application relating to the enforcement of affecting creditors' rights generallygenerally and to general principles of equity) and, on the date of said delivery, none of the Borrowers Borrower will not be in violation or contravention of, and no Default or Event of Default will exist under, any of the foregoing.

Appears in 1 contract

Samples: Loan Agreement (Enterprise Systems Inc /De/)

Binding Effect and Enforceability. Upon delivery hereof and thereof, this Agreement, the Notes Note and the Loan and other Transaction Loan Documents to which the Borrower or any Borrower Guarantor is a party or signatory will be its respective legal, valid and binding obligations enforceable in accordance with their respective terms and provisions (except as limited by bankruptcy, insolvency or other laws or equitable principles of general application relating to the enforcement of creditors' rights generally) and, on the date of said delivery, none of neither the Borrowers Borrower nor any Guarantor will be in violation or contravention of, and no Default or Event of Default will exist under, any of the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Hub International LTD)

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Binding Effect and Enforceability. Upon delivery hereof and thereof, this Agreement, the Notes Note and the Loan and other Transaction Loan Documents to which any the Borrower is a party or signatory will be its respective legal, valid and binding obligations enforceable in accordance with their respective terms and provisions (except as limited by bankruptcy, insolvency or other laws or equitable principles of general application relating to the enforcement of creditors' rights generally) and, on the date of said delivery, none of the Borrowers Borrower will not be in violation or contravention of, and no Default or Event of Default will exist under, any of the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Zebu)

Binding Effect and Enforceability. Upon delivery hereof and thereof, this Agreement, the Notes and the Loan and other Transaction Documents to which any Borrower is a party or signatory will be its respective legal, valid and binding obligations enforceable in accordance with their respective terms and provisions (except as limited by bankruptcy, insolvency or other laws or equitable principles of general application relating to the enforcement of creditors' rights generally) and, on the date of said delivery, none of the Borrowers will be in violation or contravention of, and no Default or Event of Default will exist under, any of the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Continental Waste Industries Inc)

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