Common use of Enforceability of Credit Documents Clause in Contracts

Enforceability of Credit Documents. Each of this Amendment and the Credit Agreement, as amended and modified hereby, is a legal, valid and binding obligation of the Credit Parties which are party hereto or thereto, enforceable against such Credit Parties in accordance with its terms, except as enforceability may be limited by equitable principles and by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally.

Appears in 36 contracts

Samples: Credit Agreement (Proliance International, Inc.), Credit Agreement (Proliance International, Inc.), Credit Agreement (Proliance International, Inc.)

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Enforceability of Credit Documents. Each of this Amendment This Agreement, the Notes and the other Credit Agreement, as amended and modified hereby, Document to which it is a party have been duly executed and delivered by it and constitute its legal, valid and binding obligation of the Credit Parties which are party hereto or thereto, enforceable against such Credit Parties it in accordance with its their respective terms, except as enforceability may be limited by equitable principles and by applicable subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or other similar laws affecting creditors’ creditors rights generallyand to general principles of equity.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lakehead Pipe Line Partners L P)

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