Common use of Binding Obligations, Etc Clause in Contracts

Binding Obligations, Etc. This Agreement has been duly executed and delivered by the Borrower and constitutes, and the other Loan Documents when duly executed and delivered will constitute, the legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms.

Appears in 4 contracts

Sources: Extended Revolving Credit Agreement (Costco Wholesale Corp /New), Short Term Revolving Credit Agreement (Costco Wholesale Corp /New), Revolving Credit Agreement (Hollywood Entertainment Corp)

Binding Obligations, Etc. This Agreement has been duly executed and delivered by the Borrower and constitutes, and each of the other Loan Documents when duly executed and delivered will constitute, the legal, valid and binding obligations obligation of the Borrower enforceable against the Borrower in accordance with their respective terms.

Appears in 3 contracts

Sources: Loan Agreement (Cascade Natural Gas Corp), Loan Agreement (Cascade Natural Gas Corp), Uncommitted Loan Agreement (Synetics Solutions Inc)

Binding Obligations, Etc. This Agreement has been duly executed and delivered by the Borrower and constitutes, and the other Loan Documents when duly executed and delivered by Borrower will constitute, the legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective termsterms except as such enforceability may be limited by applicable bankruptcy, insolvency, or similar laws affecting the enforcement of creditors' rights generally or by the exercise of judicial discretion in accordance with general principles of equity.

Appears in 3 contracts

Sources: Credit Agreement (Flow International Corp), Loan Agreement (Merix Corp), Credit Agreement (Flow International Corp)

Binding Obligations, Etc. This Agreement has been duly executed and delivered by the Borrower and constitutes, and the other Loan Documents when duly executed and delivered will constitute, the legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms, except that the enforceability thereof may be affected by bankruptcy, insolvency, moratorium and other similar laws affecting the rights and remedies of creditors generally and by the effect of general principles of equity.

Appears in 2 contracts

Sources: Credit Agreement (Micron Electronics Inc), Credit Agreement (Micron Electronics Inc)

Binding Obligations, Etc. This Agreement has been duly executed and ------------------------ delivered by the Borrower Borrowers and constitutes, and the Note and the other Loan Documents Documents, when duly executed and delivered delivered, will constitute, the legal, valid and binding obligations of the Borrower Borrowers, enforceable against the Borrower Borrowers in accordance with their respective terms, and the Pledge Agreement, when duly executed and delivered by ▇▇▇▇▇, ▇▇▇▇ constitute the legal, valid and binding obligation of ▇▇▇▇▇, enforceable against ▇▇▇▇▇ in accordance with its terms.

Appears in 1 contract

Sources: Credit Agreement (Asymetrix Learning Systems Inc)

Binding Obligations, Etc. This Agreement has been duly executed and delivered by the Borrower and constitutes, and the other Loan Documents when duly executed and delivered will constitute, the legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, similar laws affecting creditors’ rights generally or general principles of equity.

Appears in 1 contract

Sources: Loan Agreement (Key Technology Inc)

Binding Obligations, Etc. This Agreement has been duly executed and delivered by the Borrower and constitutes, and each of the other Loan Documents when duly executed and delivered will constitute, the legal, valid and binding obligations of the Borrower and its Subsidiaries, as the case may be, enforceable against the Borrower and its Subsidiaries, as the case may be, in accordance with their respective terms.

Appears in 1 contract

Sources: Revolving Credit Agreement (Hollywood Entertainment Corp)

Binding Obligations, Etc. This Agreement has been duly executed and delivered by the Borrower and constitutes, and the other Loan Documents when duly executed and delivered will constitute, the legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, similar laws affecting creditors’ rights generally or general principles of equity.

Appears in 1 contract

Sources: Loan Agreement (Cascade Corp)

Binding Obligations, Etc. This Agreement has been duly executed and delivered by the Borrower and constitutes, and each of the other Loan Documents when duly executed and delivered will constitute, the legal, valid and binding obligations obligation of the Borrower and Guarantors enforceable against the Borrower and Guarantors in accordance with their respective terms.

Appears in 1 contract

Sources: Revolving Credit Agreement (Fei Co)