Common use of Enforceable Obligations Clause in Contracts

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party such Borrower enforceable against such Credit Party Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and Each of the other Credit Documents have has been duly executed and delivered on behalf of each Credit Party party thereto and constitute each of such Credit Documents constitutes the legal, valid and binding obligations obligation of each such Credit Party Party, enforceable against such Credit Party in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy or insolvency laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' ’ rights generally or and by general equitable principlesprinciples of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, insolvency, reorganization or insolvency moratorium laws or similar laws relating to or affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents to which it is a party have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Each Credit Party has duly executed this Credit Agreement and the each other Credit Document to which such Credit Party is a party and this Credit Agreement and such other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each such Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement Agreement, the Notes, and the other Credit Documents to which the Borrower is a party have been duly executed and delivered and constitute by the Borrower. Each Credit Document is the legal, valid valid, and binding obligations obligation of each Credit Party the Borrower, enforceable against such Credit Party the Borrower in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy or insolvency laws any applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws law affecting creditors' ’ rights generally or and by general equitable principlesprinciples of equity (whether considered in proceeding at law or in equity).

Enforceable Obligations. This Credit Agreement and the other Credit Loan Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party which is a party thereto enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Each Credit Agreement and the other Credit Documents have Document has been duly executed and delivered and constitute constitutes the legal, valid and binding obligations obligation of each Credit Party enforceable against such each Credit Party in accordance with their respective its terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents to which it is a party have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Each Credit Party has duly executed this Credit Agreement and the each other Credit Document to which such Credit Party is a party and this Credit Agreement and such other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each such Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, insolvency, reorganization or insolvency moratorium laws or similar laws relating to or affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each such Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement Agreement, the Notes, and the other Loan Documents to which each Credit Documents Party is a party have been duly executed and delivered and constitute by such Credit Party. Each Loan Document to which each Credit Party is a party is the legal, valid valid, and binding obligations obligation of each such Credit Party enforceable against such Credit Party in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy or insolvency laws any applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws law affecting creditors' ’ rights generally or and by general equitable principlesprinciples of equity.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have has been duly executed and delivered, and each other Credit Document will be duly executed and delivered, by each Credit Party, as applicable, and this Credit Agreement constitutes, and each other Credit Document when executed and delivered and constitute will constitute, legal, valid and binding obligations of each Credit Party executing the same, enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditors' ’ rights generally or and by general equitable principlesprinciples of equity.

Enforceable Obligations. This Credit Agreement and the other Credit Documents to which it is a party have been duly executed and delivered and constitute the legal, valid and binding obligations of each Credit Party the Borrower enforceable against such Credit Party the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws Debtor Relief Laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party (with regard to each agreement or instrument to which it is a party) enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principlesgenerally.

Enforceable Obligations. This The Borrower has duly executed this Credit Agreement and each other Credit Document to which the Borrower is a party and this Credit Agreement and such other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party the Borrower enforceable against such Credit Party the Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents to which it is a party have been duly executed and delivered and constitute the legal, valid and binding obligations of each Credit Party such Borrower enforceable against such Credit Party Borrower in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws Debtor Relief Laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party thereto enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and Each of the other Credit Documents have has been duly executed and delivered on behalf of the Credit Party thereto and constitute each of such Credit Documents constitutes the legal, valid and binding obligations obligation of each such Credit Party Party, enforceable against such Credit Party in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy or insolvency laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' rights generally or and by general equitable principlesprinciples of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).

Enforceable Obligations. This Credit Agreement and Each of the other Credit Documents have has been duly executed and delivered on behalf of each Credit Party party thereto and constitute each of such Credit Documents constitutes the legal, valid and binding obligations obligation of each such Credit Party Party, enforceable against such Credit Party in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy or insolvency laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' rights generally or and by general equitable principlesprinciples of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).

Enforceable Obligations. This Credit Agreement and Each of the other Credit Documents have has been duly executed and delivered on behalf of each Credit Party which is a party thereto and constitute each of such Credit Documents constitutes the legal, valid and binding obligations obligation of each such Credit Party Party, enforceable against such Credit Party in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy or insolvency laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' rights generally or and by general equitable principlesprinciples of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).

Enforceable Obligations. This Credit Agreement Agreement, the Notes, and the other Credit Documents to which each Credit Party is a party have been duly executed and delivered and constitute by such Credit Party. Each Credit Document is the legal, valid valid, and binding obligations obligation of each such Credit Party Party, enforceable against such Credit Party in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy or insolvency laws any applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws law affecting creditors' ’ rights generally or and by general equitable principlesprinciples of equity (whether considered in proceeding at law or in equity).

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party which is a party thereto enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Supplemental Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and each of the other Credit Documents have been duly executed and delivered on behalf of any Credit Party that is party thereto. This Agreement and each of the other Credit Documents constitute the legal, valid and binding obligations obligation of each such Credit Party Party, and is enforceable against such Credit Party in accordance with their respective its terms, except as may be limited by bankruptcy or insolvency laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting creditors' rights generally or and by general equitable principlesprinciples of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).

Enforceable Obligations. This Credit Agreement and the other Credit Documents to which such Credit Party is a party have been duly executed and delivered and constitute legal, valid and binding obligations of each such Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered by each Credit Party and constitute legal, valid and binding obligations of each such Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the each other Credit Documents have Document has been duly authorized, executed and delivered by the respective Credit Parties, and this Agreement and each other Credit Document constitute legal, valid and binding obligations of each the Credit Party Parties, respectively, enforceable against such the Credit Party Parties in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditors' ’ rights generally or and by general equitable principlesprinciples of equity.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party which is a party thereto enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered by each Credit Party and constitute legal, valid and binding obligations of each such Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement Agreement, the Notes, and the other Credit Documents to which the Borrowers are a party have been duly executed and delivered and constitute by the Borrowers. Each Credit Document to which the Borrowers are a party is the legal, valid valid, and binding obligations obligation of each Credit Party the Borrowers and is enforceable against such Credit Party the Borrowers in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy or insolvency laws any applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws law affecting creditors' rights generally or by general equitable principlesgenerally.

Enforceable Obligations. This Credit Agreement and the other Credit Loan Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, insolvency, reorganization or insolvency moratorium laws or similar laws relating to or affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party which is a party thereto enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.. 51 Spectra Energy Partners OLP, LP Credit Agreement

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principlesgenerally.

Enforceable Obligations. This Each Credit Agreement and the other Credit Documents have Document has been duly executed and delivered and constitute by each Credit Party which is a party to it. Each Credit Document is the legal, valid valid, and binding obligations obligation of each Credit Party which is a party to it, enforceable against such Credit Party in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy or insolvency laws any applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws law affecting creditors' rights generally or and by general equitable principlesprinciples of equity (whether considered in proceeding at law or in equity).

Enforceable Obligations. This Credit Agreement and the other Working Capital Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party (with regard to each agreement or instrument to which it is a party) enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, reorganization, moratorium or insolvency laws or similar laws affecting creditors' rights generally or and by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party (with regard to each agreement or instrument to which it is a party) enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, reorganization, moratorium or insolvency laws or similar laws affecting creditors' ’ rights generally or and by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Loan ----------------------- Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, insolvency, reorganization or insolvency moratorium laws or similar laws relating to or affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and each of the other Related Documents to which any of the Credit Documents Parties is a party have been duly executed and delivered by it and constitute are its legal, valid and binding obligations of each Credit Party obligations, enforceable against such Credit Party it in accordance with their respective terms, terms except as such enforceability may be limited by bankruptcy under (i) applicable bankruptcy, insolvency, reorganization or insolvency laws or other similar laws affecting creditors' the rights generally or by of creditors generally, and (ii) general equitable principlesprinciples of equity.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, insolvency, reorganization or insolvency moratorium laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered by each Credit Party thereto and constitute legal, valid and binding obligations of each Credit Party thereto enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, insolvency, reorganization or insolvency moratorium laws or similar laws relating to or affecting creditors' rights generally or by general equitable principles.. -65-

Enforceable Obligations. This Credit Agreement is, and the other Credit Transaction Documents have been when duly executed and delivered and constitute will be, legal, valid and binding obligations of each Credit Party which is a party hereto or thereto, enforceable against such Credit Party in accordance with their respective terms, terms except as such enforcement may be limited by bankruptcy or bankruptcy, insolvency laws or similar laws affecting Laws of general application relating to the enforcement of creditors' ’ rights generally or and by general equitable principlesprinciples of equity.

Enforceable Obligations. This Each Credit Agreement and the other Credit Documents have Document has been duly executed and delivered and constitute constitutes the legal, valid and binding obligations obligation of each Credit Party enforceable against such each Credit Party in accordance with their respective its terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.. 6.6

Enforceable Obligations. This Credit Agreement Agreement, any Notes, the other Loan Documents and the other Equity Documents to which any Credit Documents Party is a party have been duly executed and delivered and constitute by such Credit Party. Each Loan Document is the legal, valid valid, and binding obligations obligation of each Credit Party which is a party to it enforceable against such Credit Party in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy any applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or insolvency laws transfer, or similar laws law affecting creditors' ’ rights generally or and by general equitable principlesprinciples of equity.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, insolvency, reorganization or insolvency moratorium laws or similar laws relating to or affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement is, and the other Credit Transaction Documents have been when duly executed and delivered and constitute will be, legal, valid and binding obligations of each the Credit Party Parties that are a party hereto or thereto, enforceable against such Credit Party in accordance with their respective terms, terms except as such enforcement may be limited by bankruptcy or bankruptcy, insolvency laws or similar laws affecting Laws of general application relating to the enforcement of creditors' rights generally or by general equitable principles’ rights.

Enforceable Obligations. This Credit Agreement and the other Supplemental Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.. 6.8

Enforceable Obligations. This Credit Agreement Agreement, any Notes, and the other Loan Documents to which any Credit Documents Party is a party have been duly executed and delivered and constitute by such Credit Party. Each Loan Document is the legal, valid valid, and binding obligations obligation of each Credit Party which is a party to it enforceable against such Credit Party in accordance with their respective its terms, except as such enforceability may be limited by bankruptcy any applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or insolvency laws transfer, or similar laws law affecting creditors' ’ rights generally or and by general equitable principlesprinciples of equity.

Enforceable Obligations. This Credit Agreement and the other Credit Loan Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, insolvency, reorganization or insolvency moratorium laws or similar laws relating to or affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.. 6.8

Enforceable Obligations. 66- This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy bankruptcy, insolvency, reorganization or insolvency moratorium laws or similar laws relating to or affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement is, and the other Credit Transaction Documents have been when duly executed and delivered and constitute will be, legal, valid and binding obligations of each Credit Party which is a party hereto or thereto, enforceable against such Credit Party in accordance with their respective terms, terms except as such enforcement may be limited by bankruptcy or bankruptcy, insolvency laws or similar laws affecting Laws of general application relating to the enforcement of creditors' rights generally or and by general equitable principlesprinciples of equity.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party which is a party thereto enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.. Spectra Energy Partners OLP, LP Credit Agreement

Enforceable Obligations. This Credit Agreement and the other Credit Loan Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party which is a party thereto enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' rights generally or by general equitable principles.

Enforceable Obligations. This Credit Agreement and the other Credit Documents have been duly executed and delivered and constitute legal, valid and binding obligations of each Credit Party which is a party thereto enforceable against such Credit Party in accordance with their respective terms, except as may be limited by bankruptcy or insolvency laws or similar laws affecting creditors' ’ rights generally or by general equitable principles.. DCP Midstream Operating, LP Credit Agreement