Common use of Legally Enforceable Agreement Clause in Contracts

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 12 contracts

Samples: Loan and Security Agreement (Mfri Inc), Financing and Security Agreement (Henry Co), Loan and Security Agreement (Mfri Inc)

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Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 10 contracts

Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Allied Healthcare Products Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 9 contracts

Samples: Loan and Security Agreement (Pw Eagle Inc), Loan and Security Agreement (Pw Eagle Inc), Loan and Security Agreement (Pw Eagle Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency and other similar laws affecting creditors' rights generally or by principles of equity pertaining to the availability of equitable remedies.

Appears in 7 contracts

Samples: Loan and Security Agreement (Lowrance Electronics Inc), Loan and Security Agreement (Mmi Products Inc), Loan and Security Agreement (Theragenics Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of the Borrower or each Borrower and each of its Subsidiaries party theretoGuarantor, as the case may be, enforceable against it the Borrower or each Guarantor, as the case may be, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 6 contracts

Samples: Assignment Agreement, Assignment Agreement (Beazer Homes Usa Inc), Assignment Agreement (Beazer Homes Usa Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of the Borrower or each Borrower and each of its Subsidiaries party theretoGuarantor, as the case may be, enforceable against it the Borrower or each Guarantor, as the case may be, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 6 contracts

Samples: Collateral Agreement (Clarksburg Skylark, LLC), Assignment Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents previously delivered or when delivered under this Agreement are or will be, a be legal, valid valid, and binding obligation obligations of the Borrower or each Borrower and each of its Subsidiaries party theretoGuarantor, as the case may be, enforceable against it the Borrower or each Guarantor, as the case may be, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 6 contracts

Samples: Credit Agreement (Beazer Homes Usa Inc), Term Loan Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when executed and delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries Loan Party party hereto or thereto, enforceable against it in accordance with its respective terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, fraudulent conveyance, or fraudulent transfer laws, or other similar laws affecting creditors' rights generally, and by general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 5 contracts

Samples: Loan and Security Agreement (Century Aluminum Co), Loan and Security Agreement (Century Aluminum Co), Loan and Security Agreement (Century Aluminum Co)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it each Borrower in accordance with its their respective terms, subject to bankruptcy, insolvency, reorganization or similar laws or equitable principles relating to creditors’ rights generally.

Appears in 4 contracts

Samples: Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.)

Legally Enforceable Agreement. This Agreement agreement is, and each of the other Loan Documents documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 4 contracts

Samples: Credit and Term Loan Agreement, Revolving Credit and Term Loan Agreement (Burlington Coat Factory Warehouse Corp), Revolving Credit and Term Loan Agreement (Burlington Coat Factory Warehouse Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 4 contracts

Samples: Agented Credit Agreement (Orchids Paper Products CO /DE), Credit and Term Loan Agreement (Orchids Paper Products CO /DE), Term Loan Agreement (Eco Soil Systems Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each the Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms; except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally and by general equitable principles (whether enforcement is sought by proceeding in equity or at law).

Appears in 3 contracts

Samples: Loan and Security Agreement (Executone Information Systems Inc), Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Nations Flooring Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 3 contracts

Samples: Loan and Security Agreement (Rhodes Inc), Loan and Security Agreement (Toms Foods Inc), Loan and Security Agreement (Pameco Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws of general application and principles of equity affecting the enforcement of creditors’ rights.

Appears in 3 contracts

Samples: Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Standard Register Co)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 3 contracts

Samples: Revolving Loan Agreement (Surgical Laser Technologies Inc /De/), Credit Agreement (Jore Corp), Revolving Loan Agreement (Photomedex Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it them in accordance with its their respective terms.

Appears in 3 contracts

Samples: Loan and Security Agreement (Gulfside Supply, Inc.), Loan and Security Agreement (Eagle Supply Group Inc), And Consolidated Loan and Security Agreement (Eagle Supply Group Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it each Borrower in accordance with its their respective terms, subject to bankruptcy, insolvency, reorganization or similar laws relating to creditors’ rights generally and general principles of equity.

Appears in 3 contracts

Samples: Loan and Security Agreement (NCI, Inc.), Loan and Security Agreement (NCI, Inc.), Loan and Security Agreement (NCI, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency and other similar laws affecting creditors' rights generally.

Appears in 3 contracts

Samples: Security Agreement (Orange Productions Inc), Security Agreement (Surgical Safety Products Inc), Security Agreement (Cuidao Holding Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, subject to the effects of applicable bankruptcy, insolvency, moratorium, reorganization or similar laws affecting creditors’ rights generally and equitable principles of general applicability (regardless of whether such enforceability is considered in a proceeding at law or in equity).

Appears in 3 contracts

Samples: Loan and Security Agreement (Neenah Foundry Co), Loan and Security Agreement (Neenah Foundry Co), Loan and Security Agreement (Neenah Foundry Co)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 3 contracts

Samples: Loan and Security Agreement (Denali Inc), Loan and Security Agreement (Electronics Boutique Holdings Corp), Loan and Security Agreement (First Aviation Services Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 3 contracts

Samples: Loan and Security Agreement (Mothers Work Inc), Loan and Security Agreement (Restoration Hardware Inc), Loan and Security Agreement (Open Plan Systems Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower Loan Party and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally.

Appears in 3 contracts

Samples: Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when executed and delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party theretoGuarantor, enforceable against it the Borrower and each Guarantor in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Loan and Security Agreement (Trans Lux Corp), Commercial Loan and Security Agreement (Trans Lux Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries Restricted Subsidiary party thereto, enforceable against it in accordance with its respective terms.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kinetek Inc), Loan and Security Agreement (Kinetek Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Exchange Facilities Agreement (Mestek Inc), Revolving Loans and Foreign Exchange Facilities Agreement (Mestek Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents executed by Borrowers or Guarantor when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrowers or Guarantor, enforceable against it or them in accordance with its the respective termsterms thereof, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 2 contracts

Samples: Revolving Credit Loan Agreement (Orleans Homebuilders Inc), Revolving Credit Loan Agreement (Orleans Homebuilders Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 2 contracts

Samples: Loan and Security Agreement (United Natural Foods Inc), Loan Agreement (United Natural Foods Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower of Borrowers and each of its their Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as limited by applicable bankruptcy or insolvency laws, and by general principles of equity.

Appears in 2 contracts

Samples: Loan and Security Agreement (Restoration Hardware Inc), Loan and Security Agreement (Restoration Hardware Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a are legal, valid valid, and binding obligation obligations of each Borrower the Borrower, and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Loan Agreement (Bankatlantic Bancorp Inc), Loan Agreement (Bankatlantic Bancorp Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Lasersight Inc /De), Revolving Credit Agreement (Lasersight Inc /De)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will beto which Obligors are, individually or in the aggregate, a party, constitute the legal, valid and binding obligation Obligations of each Borrower and each of its Subsidiaries party theretoObligors, enforceable against it Obligors in accordance with its their respective terms.;

Appears in 2 contracts

Samples: Loan and Security Agreement (Refac Optical Group), Loan and Security Agreement (U S Vision Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Americas Carmart Inc), Agented Revolving Credit Agreement (Americas Carmart Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, or, Guarantors, where applicable, enforceable against it the Borrower, or, the Guarantors, where applicable, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditor's rights generally.

Appears in 2 contracts

Samples: Term Loan Agreement (Nuclear Research Corp), Line of Credit Agreement (Nuclear Research Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency and other similar laws affecting creditors’ rights generally or by general equitable principles.

Appears in 2 contracts

Samples: Loan Agreement (Omega Flex, Inc.), Loan and Security Agreement (Omega Flex, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it each Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Integrated Circuit Systems Inc), Revolving Credit Loan Agreement (Integrated Circuit Systems Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, Loan Party enforceable against it in accordance with its respective terms, except as the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally, by general equitable principles (whether enforcement is sought by proceedings in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Monster Worldwide Inc), Secured Revolving Credit Agreement (Monster Worldwide Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents executed by Borrowers or Guarantor when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrowers or Guarantor, enforceable against it or them in accordance with its the respective termsterms thereof, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Revolving Credit Loan Agreement (Orleans Homebuilders Inc), Revolving Credit Loan Agreement (Orleans Homebuilders Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents Document to which the Borrower will be a party when delivered under this Agreement hereunder will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower in accordance with its their respective terms.

Appears in 2 contracts

Samples: Credit Agreement (Microdyne Corp), Credit Agreement (Landmark Systems Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof maybe limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 2 contracts

Samples: Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dixie Group Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries Guarantor party thereto, enforceable against it in accordance with its respective terms, except as limited by applicable bankruptcy or insolvency laws, and by general principles of equity.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mobile Mini Inc), Loan and Security Agreement (Mobile Mini Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Construction Loan Agreement (Axys Pharmaceuticals Inc), Revolving Credit and Term (Motorvac Technologies Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower party thereto and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as enforcement may be limited by applicable bankruptcy or insolvency laws, and by general principles of equity.

Appears in 2 contracts

Samples: Loan and Security Agreement (Channell Commercial Corp), Loan and Security Agreement (Channell Commercial Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and Obligor signatory thereto enforceable against each of its Subsidiaries party thereto, enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws of general application affecting the enforcement of creditors’ rights generally or by general equitable principles.

Appears in 2 contracts

Samples: Loan and Security Agreement (Enpro Industries, Inc), Loan and Security Agreement (Enpro Industries, Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tropical Sportswear International Corp), Loan and Security Agreement (Tropical Sportswear International Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, subject, as to enforcement, to general principles of equity and to bankruptcy, insolvency and similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Loan and Security Agreement (Velocity Express Corp), Loan and Security Agreement (Velocity Express Corp)

Legally Enforceable Agreement. This Agreement is, is and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 2 contracts

Samples: Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Credit Loan Agreement (Zevex International Inc), Credit Loan Agreement (Zevex International Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries party thereto, enforceable against it them in accordance with its respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or by principles of equity pertaining to the availability of equitable remedies.

Appears in 2 contracts

Samples: Loan and Security Agreement (Black Warrior Wireline Corp), Loan and Security Agreement (Black Warrior Wireline Corp)

Legally Enforceable Agreement. This Agreement agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Credit Agreement (Alliance Semiconductor Corp /De/), Credit Agreement (Alliance Semiconductor Corp /De/)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors’ rights.

Appears in 2 contracts

Samples: Loan and Security Agreement (Rowe Companies), Credit Agreement (Superior Essex Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a are legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Company, enforceable against it the Company in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Southern States Capital Trust I), Revolving Credit Agreement (Southern States Cooperative Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each the Borrower and each of its the Subsidiaries party thereto, (to the extent they are parties to such Loan Documents) enforceable against it the Borrower and such Subsidiary (as applicable) in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally and by general principles of equity.

Appears in 1 contract

Samples: Pledge Agreement (Einstein Noah Bagel Corp)

Legally Enforceable Agreement. This Agreement is, and each of ----------------------------- the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, subject, as to enforcement, to general principles of equity and to bankruptcy, insolvency and similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Loan and Security Agreement (Velocity Express Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents to which Borrower is a party when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective termsterms (subject, as to enforcement, to general principles of equity, and to bankruptcy, insolvency and similar laws affecting creditors' rights generally).

Appears in 1 contract

Samples: Loan and Security Agreement (Morgan Products LTD)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents to which Borrower is a party, when delivered under this Agreement Agreement, will be, a constitute the legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it such Borrower in accordance with its their respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Rait Investment Trust)

Legally Enforceable Agreement. This As to each Borrower, this Agreement is, and each of the other Loan Documents to which it is a party, when delivered under this Agreement Agreement, will be, a legal, valid valid, and binding obligation of each Borrower and each of its Subsidiaries party theretosuch Borrower, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Questron Technology Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Sed International Holdings Inc)

Legally Enforceable Agreement. This Agreement is, and each of ----------------------------- the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoSubsidiary, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Hall Kinion & Associates Inc)

Legally Enforceable Agreement. This Agreement is, and ----------------------------- each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 1 contract

Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)

Legally Enforceable Agreement. This Agreement is, and each of ----------------------------- the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally, and by general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Borden Chemicals & Plastics Limited Partnership /De/)

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Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents to which Borrower is a party, when executed and delivered under this Agreement Agreement, will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Kinark Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Revolving Credit Agreement (Kura Sushi Usa, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its their respective terms, except to the extent limited by applicable bankruptcy, insolvency and other similar laws affecting creditors' rights generally or by general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (CFP Holdings Inc)

Legally Enforceable Agreement. This Agreement is, and each of ----------------------------- the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrowers, enforceable against it Borrowers in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Credit Loan Agreement (Aaon Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will beto which each Borrower is a party, a constitutes the legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretosuch Borrower, enforceable against it in accordance with its their respective terms.

Appears in 1 contract

Samples: Revolving Credit Agreement and Assignment (Lease Equity Appreciation Fund I Lp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding joint and several obligation of each Borrower and each of its their respective Subsidiaries party thereto, enforceable against it each such entity in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Loan Agreement (Zoned Properties, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a are legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Credit Agreement (Golden Grain Energy)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a are legal, valid valid, and binding obligation obligations of each Borrower Borrower, and each of its Subsidiaries party thereto, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Term Loan Agreement (Citizens Bancshares Corp /Ga/)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower Credit Party and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors’ rights.

Appears in 1 contract

Samples: Loan and Security Agreement (Integrated Electrical Services Inc)

Legally Enforceable Agreement. This Agreement isAgreement, the Note, and each of the other Loan Documents to which the Borrower is or will be a party, when executed and delivered under in accordance with this Agreement will be, a be the legal, valid valid, and binding obligation obligations of each the Borrower and each of its Subsidiaries party thereto, enforceable against it the Borrower in accordance with its their respective terms.

Appears in 1 contract

Samples: Credit Loan Agreement (Cogen Technologies Inc)

Legally Enforceable Agreement. This Agreement isand each Loan Document to which Borrower is a party, upon execution and delivery by Borrower, is and shall be legal, valid, and each binding obligations of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its their respective termsterms except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Loan Agreement (Remark Media, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party hereto or thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Petition Credit Agreement (Falcon Products Inc /De/)

Legally Enforceable Agreement. This Loan Agreement is, and each of the other Loan Documents when delivered under this Loan Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Term Loan Agreement (Basin Water, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as limited by applicable bankruptcy or insolvency laws, and by general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Celadon Group Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered by each Borrower under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective termsterms (subject to applicable bankruptcy, reorganization, insolvency, moratorium or similar laws affecting creditors' rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or at law)).

Appears in 1 contract

Samples: Loan and Security Agreement (United Industrial Corp /De/)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will beare, a the legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (First State Corp /Ga/)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Xeta Technologies Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrowers, enforceable against it the Borrowers, as the case may be, in accordance with its their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, receivership or by general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Spacehab Inc \Wa\)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance accor­dance with its the respective termsterms of such Loan Documents, except as the enforceability thereof maybe limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrowers and/or the other Loan Parties, as the case may be, enforceable against it the Borrower, and/or the other Loan Parties, as the case may be, in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Loan Agreement (Premier Power Renewable Energy, Inc.)

Legally Enforceable Agreement. This Agreement agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each of Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Supply Group Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, or other similar laws affecting creditor's rights generally.

Appears in 1 contract

Samples: Commercial Revolving Loan Agreement (Gunther International LTD)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 1 contract

Samples: Loan and Security Agreement (Proxymed Inc /Ft Lauderdale/)

Legally Enforceable Agreement. This Agreement is, and each of the ----------------------------- other Loan Documents documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Credit Agreement (Sheffield Steel Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms, except as such enforceability may be limited by bankruptcy, insolvency, or other laws affecting creditors’ rights generally or by principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Rewards Network Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each the New Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability 57 thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws of general application and principles of equity affecting the enforcement of creditors’ rights.

Appears in 1 contract

Samples: First Lien Credit Agreement (Standard Register Co)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting the creditors' rights generally.

Appears in 1 contract

Samples: Loan Agreement (Chevy Chase Preferred Capital Corp)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and their Subsidiaries enforceable against each of its Subsidiaries party thereto, enforceable against it them in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Tmci Electronics Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party theretoBorrower, enforceable against it Borrower in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Pledge Agreement (SBM Financial, Inc.)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a be legal, valid valid, and binding obligation obligations of each Borrower and each of its Subsidiaries party theretoBorrower, Subsidiary or Guarantor as the case may be, enforceable against it each Borrower, Subsidiary and Guarantor, as the case may be, in accordance with its their respective terms., except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors’ rights generally. Section 4.04

Appears in 1 contract

Samples: Credit Agreement      credit Agreement (Impath Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Borrower, as the case may be, enforceable against it the Borrower in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hertz Technology Group Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of Borrower and each of its Subsidiaries, enforceable against Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Gentiva Health Services Inc)

Legally Enforceable Agreement. This Agreement isAgreement, and each of the other Loan Documents when Documents, has been duly executed and delivered under this Agreement will be, by each Credit Party and each of its Subsidiaries party thereto and is a legal, valid and binding obligation of each Borrower such Credit Party and each of its Subsidiaries party theretosuch Subsidiary, enforceable against it in accordance with its respective terms, except as enforcement may be limited by (i) the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and (ii) general principles of equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Nes Rentals Holdings Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when executed and/or delivered under in connection with this Agreement will beare, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party theretothe Guarantors, as applicable, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Loan Agreement (Unified Financial Services Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, other Obligor which is a signatory thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights.

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear Co Inc)

Legally Enforceable Agreement. This Agreement is, and each of the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each the New Borrower and each of its Subsidiaries party thereto, signatories thereto enforceable against it them in accordance with its the respective termsterms of such Loan Documents, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws of general application and principles of equity affecting the enforcement of creditors’ rights.

Appears in 1 contract

Samples: Lien Credit Agreement (Standard Register Co)

Legally Enforceable Agreement. This Agreement is, and each of the ----------------------------- other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation obligations of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency, and other similar laws affecting creditor's rights generally and subject to general principles of equity.

Appears in 1 contract

Samples: Credit Agreement (Millitech Corp)

Legally Enforceable Agreement. This Agreement is, and each of ------------------------------ the other Loan Documents when delivered under this Agreement will be, a legal, valid and binding obligation of each Borrower and each of its Subsidiaries party thereto, enforceable against it in accordance with its respective termsEnforceable.

Appears in 1 contract

Samples: Loan and Security Agreement (Litchfield Financial Corp /Ma)

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