Common use of Valid and Binding Obligations Clause in Contracts

Valid and Binding Obligations. This Agreement, the Notes, and the Security Instruments when duly executed and delivered, will be legal, valid and binding obligations of and enforceable against the Borrower, in accordance with their respective terms (subject to any applicable bankruptcy, insolvency or other Laws of general application affecting creditors' rights, general equitable principles, whether considered in a proceeding in equity or at law, and judicial decisions interpreting any of the foregoing).

Appears in 5 contracts

Samples: Credit Agreement (Energy Partners LTD), Reducing Revolving Credit Agreement (Energy Partners LTD), Revolving Credit Agreement (Energy Partners LTD)

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Valid and Binding Obligations. This Agreement, the NotesNote, and the Security Instruments when duly executed and delivered, will be are the legal, valid and binding obligations of and enforceable against the Borrower, Borrower in accordance with their respective terms (subject to any applicable bankruptcy, insolvency or other Laws laws of general application affecting creditors' rights, general equitable principles, whether considered in a proceeding in equity or at law, rights and judicial decisions interpreting any of the foregoing).

Appears in 3 contracts

Samples: And Combined Loan Agreement (Carrizo Oil & Gas Inc), Security Agreement (San Juan Partners LLC), Revolving Credit Agreement (Eagle Geophysical Inc)

Valid and Binding Obligations. This Agreement, the NotesNote, and the Security Instruments when duly executed and delivered, will be legal, valid and binding obligations of and enforceable against the Borrower, in accordance with their respective terms (subject to any applicable bankruptcy, insolvency or other Laws of general application affecting creditors' rights, general equitable principles, whether considered in a proceeding in equity or at law, and judicial decisions interpreting any of the foregoing).

Appears in 2 contracts

Samples: Credit Agreement (Tengasco Inc), Loan Agreement (Venus Exploration Inc)

Valid and Binding Obligations. This Agreement, the NotesNotes and all the other Lender Agreements executed in connection herewith and therewith constitute, and the Security Instruments or will constitute when duly executed and delivered, will be legal, the valid and binding obligations of and enforceable against the Borrower, enforceable in accordance with their respective terms (terms, except as the enforceability thereof may be subject to any applicable bankruptcy, insolvency or insolvency, moratorium and other Laws laws affecting the rights and remedies of general application affecting creditors' rights, creditors and secured parties and to the exercise of judicial discretion in accordance with general equitable principles, whether considered in a proceeding in equity or at law, and judicial decisions interpreting any of the foregoing).

Appears in 1 contract

Samples: Loan Agreement (Samuels Jewelers Inc)

Valid and Binding Obligations. This Agreement, the Notes, and the Security Instruments and the other Loan Documents when duly executed and delivered, will be legal, valid and binding obligations of and enforceable against the Borrower, in accordance with their respective terms (subject to any applicable bankruptcy, insolvency or other Laws of general application affecting creditors' rights, general equitable principles, whether considered in a proceeding in equity or at law, and judicial decisions interpreting any of the foregoing).

Appears in 1 contract

Samples: Credit Agreement (Continental Resources Inc)

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Valid and Binding Obligations. This Agreement, the Notes, Note and the Security Instruments Collateral Documents when duly executed and delivered, will be be, as to each such instrument executed by Borrower and each Guarantor, respectively, the legal, valid and binding obligations of and enforceable against the BorrowerBorrower and each such Guarantor, as applicable, in accordance with their respective terms (subject to any applicable bankruptcy, insolvency or other Laws of general application affecting creditors' rights, general equitable principles, whether considered in a proceeding in equity or at law, and judicial decisions interpreting any of the foregoing).laws of

Appears in 1 contract

Samples: Guaranty Agreement (Saba Petroleum Co)

Valid and Binding Obligations. This Agreement, the NotesNote, and the Security Instruments when duly executed and delivered, will be legal, valid and binding obligations of and enforceable against the each Borrower, in accordance with their respective terms (subject to any applicable bankruptcy, insolvency or other Laws of general application affecting creditors' ’ rights, general equitable principles, whether considered in a proceeding in equity or at law, and judicial decisions interpreting any of the foregoing).. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (Cheniere Energy Inc)

Valid and Binding Obligations. This Agreement, the Notes, and the Security Instruments Collateral Documents, when duly executed and delivered, will be legal, valid and binding obligations of and enforceable against the Borrower, in accordance with their respective terms (subject to any applicable bankruptcy, insolvency or other Laws of general application affecting creditors' rights, general equitable principles, whether considered in a proceeding in equity or at law, and judicial decisions interpreting any of the foregoing).,

Appears in 1 contract

Samples: Loan Agreement (Nde Environmental Corp)

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