Common use of Enforceability of the Loan Documents Clause in Contracts

Enforceability of the Loan Documents. The Loan Documents executed by Borrower are the valid and binding obligations of Borrower and are enforceable against Borrower in accordance with their terms, except as limited by bankruptcy, insolvency, or other laws of general application relating to the enforcement of creditors' rights.

Appears in 11 contracts

Samples: Loan and Security Agreement (Travis Boats & Motors Inc), Loan and Security Agreement (Western Power & Equipment Corp), Credit and Security Agreement (Creative Computers Inc)

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Enforceability of the Loan Documents. The Loan Documents ---------------------------------------- executed by Borrower are the valid and binding obligations of Borrower and are enforceable against Borrower in accordance with their terms, except as limited by bankruptcy, insolvency, or other laws of general application relating to the enforcement of creditors' rights.

Appears in 1 contract

Samples: Credit and Security Agreement (Pomeroy Computer Resources Inc)

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Enforceability of the Loan Documents. The Loan Documents executed by Borrower are the valid and binding obligations of Borrower and are enforceable against Borrower in accordance with their terms, except as limited by bankruptcy, insolvency, or other laws of general application relating to equitable principles and the enforcement of creditors' rights.

Appears in 1 contract

Samples: Credit and Security Agreement (Elcom International Inc)

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