Common use of OBLIGATIONS OF BORROWER Clause in Contracts

OBLIGATIONS OF BORROWER. Each of the Loan Documents to which Borrower is a party is the legal, valid and binding obligation of Borrower, enforceable against it in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws or equitable principles relating to or affecting the enforcement of creditors' rights generally. Borrower is obtaining the Loan for commercial purposes.

OBLIGATIONS OF BORROWER. Each of the Loan Documents to which Borrower is a party is are the legal, valid and binding obligation obligations of Borrower, enforceable against it in accordance with its their terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws or equitable principles relating to or affecting the enforcement of creditors' rights generally. Borrower is obtaining the Loan for commercial purposes.

OBLIGATIONS OF BORROWER. Each of the Loan ------------------------ Documents to which Borrower is a party is are the legal, valid and binding obligation obligations of Borrower, enforceable against it in accordance with its their terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws or equitable principles relating to or affecting the enforcement of creditors' rights generally. Borrower is obtaining the Loan for commercial purposes.

OBLIGATIONS OF BORROWER. Each of the Loan Documents to which Borrower is a party is the legal, valid and binding obligation obligations of Borrower, enforceable against it Borrower in accordance with its their terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws or equitable principles relating to or affecting the enforcement of creditors' rights generally. Borrower is obtaining the Loan for commercial purposes.