Common use of Enforceable Agreements Clause in Contracts

Enforceable Agreements. This Agreement is a legal, valid and binding agreement of the Borrower, enforceable against the Borrower in accordance with its terms, and any instrument or agreement required hereunder, when executed and delivered by the Borrower or the applicable Obligor(s), will be similarly legal, valid, binding and enforceable.

Appears in 3 contracts

Sources: Loan Agreement (Cumberland Pharmaceuticals Inc), Loan Agreement (Cumberland Pharmaceuticals Inc), Loan Agreement (Cumberland Pharmaceuticals Inc)

Enforceable Agreements. This Agreement and each other agreement to be signed by Borrower is a legal, valid and binding agreement of the Borrower, enforceable against the Borrower in accordance with its terms, and any instrument or agreement required hereunder, when executed and delivered by the Borrower or the applicable Obligor(s)delivered, will be similarly legal, valid, binding and enforceable. Each Guarantee is the legal, valid and binding agreement of the Guarantor that signs it, enforceable against such Guarantor in accordance with its terms.

Appears in 2 contracts

Sources: Business Loan Agreement (TRM Corp), Business Loan Agreement (TRM Corp)