Common use of Credit Facility Documents Clause in Contracts

Credit Facility Documents. Each of the Intercreditor Agreement, the New Senior Credit Facility and the transactions contemplated thereby and the Credit Facility Refinancing has been duly authorized by each of the Issuers and the Guarantors party thereto, and the Intercreditor Agreement has been validly executed and delivered by each of the Issuers and the Guarantors.

Appears in 1 contract

Sources: Purchase Agreement (Oasis Interval Ownership, LLC)

Credit Facility Documents. Each of the Intercreditor Agreement, the New Senior Credit Facility and the transactions contemplated thereby and the Credit Facility Refinancing has been duly authorized by each of the Issuers and the Guarantors party theretoIssuers, and the Intercreditor Agreement has been validly executed and delivered by each of the Issuers. The Intercreditor Agreement is the legal, valid and binding obligation of each of the Issuers, enforceable against each of the Issuers and the Guarantorsin accordance with its terms.

Appears in 1 contract

Sources: Purchase Agreement (155 East Tropicana, LLC)