Common use of Validity and Binding Effect Clause in Contracts

Validity and Binding Effect. The Credit Agreement, as amended hereby, is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by Bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 5 contracts

Samples: Credit Agreement (Nashua Corp), Credit Agreement (Nashua Corp), Credit Agreement (Nashua Corp)

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Validity and Binding Effect. The Credit Agreement, as amended hereby, is a legal, valid and binding obligation of the BorrowerBorrower and each Guarantor, enforceable against the Borrower and each Guarantor in accordance with its terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 5 contracts

Samples: Credit Agreement (Quixote Corp), Credit Agreement (Quixote Corp), Credit Agreement (Quixote Corp)

Validity and Binding Effect. The Credit Agreement, as amended hereby, is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remediesequity.

Appears in 4 contracts

Samples: Subsidiary Stock Pledge Agreement (Quixote Corp), Credit Agreement (Quixote Corp), Subsidiary Stock Pledge Agreement (Quixote Corp)

Validity and Binding Effect. The Credit Agreement, as amended hereby, is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by Bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 2 contracts

Samples: Credit Agreement (Nashua Corp), Credit Agreement (Nashua Corp)

Validity and Binding Effect. The Credit Agreement, as amended hereby, is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remediesequity.

Appears in 2 contracts

Samples: Security Agreement (Quixote Corp), Credit Agreement (Quixote Corp)

Validity and Binding Effect. The Credit Agreement, as amended hereby, is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 2 contracts

Samples: Idex Corp /De/, Idex Corp /De/

Validity and Binding Effect. The Credit Agreement, as amended hereby, is a legal, valid and binding obligation of each of the BorrowerBorrowers, enforceable against the Borrower Borrowers in accordance with its terms, except as enforceability may be maybe limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 2 contracts

Samples: Credit Agreement (Lawson Products Inc/New/De/), Credit Agreement (Lawson Products Inc/New/De/)

Validity and Binding Effect. The Credit Agreement, as amended by the First Amendment and hereby, is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remediesequity.

Appears in 1 contract

Samples: Credit Agreement (Huron Consulting Group Inc.)

Validity and Binding Effect. The Credit Agreement, as amended hereby, is is, a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by Bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.its

Appears in 1 contract

Samples: Motivepower Industries Inc

Validity and Binding Effect. The Credit Agreement, as amended hereby, is a legal, valid and binding obligation of the BorrowerBorrower and each Guarantor, enforceable against the Borrower and each Guarantor in accordance with its terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 1 contract

Samples: Credit Agreement (Quixote Corp)

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Validity and Binding Effect. The Credit Agreement, as amended hereby, is a legal, valid and binding obligation of the each Borrower, enforceable against the such Borrower in accordance with its terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 1 contract

Samples: Day Revolving Credit Agreement (Winmark Corp)

Validity and Binding Effect. The Original Credit Agreement, as amended herebyby this Amending Agreement, and each of the other Documents to which it is a party, continue to be a legal, valid and binding obligation of the Borrowerobligation, enforceable against the Borrower it in accordance with its their respective terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 1 contract

Samples: Credit Facility Amending Agreement (Telvent Git S A)

Validity and Binding Effect. The Credit Agreement, as amended hereby, is a and this Amendment are legal, valid and binding obligation obligations of the BorrowerBorrowers, enforceable against the Borrower Borrowers in accordance with its their terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 1 contract

Samples: Revolving Credit Agreement (Maxxam Inc)

Validity and Binding Effect. The Credit Agreement, as amended hereby, is a is, and the Replacement Notes when duly executed and delivered will be, legal, valid and binding obligation obligations of the Borrower, enforceable against the Borrower in accordance with its their terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remedies.

Appears in 1 contract

Samples: Credit Agreement (Whitman Medical Corp)

Validity and Binding Effect. The Credit Agreement, as amended by the First Amendment, the Second Amendment and hereby, is a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by Bankruptcybankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors' rights or by general principles of equity limiting the availability of equitable remediesequity.

Appears in 1 contract

Samples: Credit Agreement (Huron Consulting Group Inc.)

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