Common use of Legal Enforceability Clause in Contracts

Legal Enforceability. This Loan Agreement, the Note and all other Loan Documents constitute legal, valid, and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms, except as enforcement of the same may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting enforcing of creditors’ rights generally.

Appears in 2 contracts

Samples: Loan Agreement (First Albany Companies Inc), Loan Agreement (First Albany Companies Inc)

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Legal Enforceability. This Loan Agreement, Agreement and the Note and all other Loan Documents constitute legal, valid, and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms, except as enforcement of the same may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or insolvency and other similar laws relating to or affecting enforcing of creditors’ creditors rights generally.

Appears in 1 contract

Samples: Credit Agreement (Mapinfo Corp)

Legal Enforceability. This Loan Agreement, Agreement and the Note and all other Loan Documents constitute legal, valid, and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms, except as enforcement of the same may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or insolvency and other similar laws relating to or affecting enforcing of creditors’ creditors rights generally.

Appears in 1 contract

Samples: Loan Agreement (Mapinfo Corp)

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Legal Enforceability. This Loan Agreement, the Note and all other Loan Documents to which the Borrower is a party or by which it is or may be bound, constitute legal, valid, and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms, except as enforcement of the same may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting enforcing of creditors’ rights generally.

Appears in 1 contract

Samples: Loan Agreement (First Albany Companies Inc)

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