Common use of Due Execution, Validity, Enforceability Clause in Contracts

Due Execution, Validity, Enforceability. This Agreement and each other Loan Document to which a Loan Party is a party has been duly executed and delivered by the Loan Party in question and constitutes the valid and legally binding obligation thereof, enforceable in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or other similar laws, now or hereafter in effect, relating to or affecting the enforcement of creditors' rights generally and except that the remedy of specific performance and other equitable remedies are subject to judicial discretion.

Appears in 1 contract

Samples: Loan Agreement (Omega Healthcare Investors Inc)

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Due Execution, Validity, Enforceability. This Agreement and each other Loan Document to which a any Loan Party is a party has been duly executed and delivered by the Loan Party in question which is a party thereto and each constitutes the valid and legally binding obligation thereofof the Borrower or such Loan Party which is a party thereto, enforceable in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or other similar laws, now or hereafter in effect, relating to or affecting the enforcement of creditors' rights generally and except that the remedy of specific performance and other equitable remedies are subject to judicial discretion.

Appears in 1 contract

Samples: Loan Agreement (Conquest Industries Inc)

Due Execution, Validity, Enforceability. This Agreement and each other Loan Document to which a any Loan Party is a party has been duly executed and delivered by the such Loan Party in question and each constitutes the valid and legally binding obligation thereofof such Loan Party, enforceable in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or other similar laws, now or hereafter in effect, relating to or affecting the enforcement of creditors' ’ rights generally and except that the remedy of specific performance and other equitable remedies are subject to judicial discretion.

Appears in 1 contract

Samples: Loan Agreement (Trinity Place Holdings Inc.)

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Due Execution, Validity, Enforceability. This Agreement and each other Loan Document to which a each Loan Party is a party has been duly executed and delivered by the such Loan Party in question and each constitutes the valid and legally binding obligation thereofof such Loan Party, enforceable in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or other similar laws, now or hereafter in effect, relating to or affecting the enforcement of creditors' ’ rights generally and except that the remedy of specific performance and other equitable remedies are subject to judicial discretion.

Appears in 1 contract

Samples: Credit Agreement (Welltower Inc.)

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