Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Borrower is a party is the legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms.
Appears in 3 contracts
Samples: Credit Agreement (Mechanical Technology Inc), Credit Agreement (Cabot Microelectronics Corp), Credit Agreement (Cabot Microelectronics Corp)
Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Borrower is a party is the legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.
Appears in 2 contracts
Samples: Credit Agreement (First Mid Illinois Bancshares Inc), Credit Agreement (First Mid Illinois Bancshares Inc)
Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Borrower is Borrowers are a party is the legal, valid and binding obligation of the BorrowerBorrowers, enforceable against the Borrower Borrowers in accordance with its terms.
Appears in 2 contracts
Samples: Credit Agreement (Bogen Communications International Inc), Credit Agreement (Bogen Communications International Inc)
Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Borrower is a party is the legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.
Appears in 2 contracts
Samples: Credit Agreement (Bingham Financial Services Corp), Credit Agreement (Bingham Financial Services Corp)
Validity and Binding Nature. Each of this This Agreement and each the other Loan Document Documents to which the Borrower is a party is are the legal, valid and binding obligation obligations of the Borrower, enforceable against the Borrower in accordance with its their terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.
Appears in 2 contracts
Samples: Loan and Security Agreement (Amtech Systems Inc), Loan and Security Agreement (Amtech Systems Inc)
Validity and Binding Nature. Each of this Agreement and each other Loan Document to which the Borrower is a party is the legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Byline Bancorp, Inc.), Term Loan and Revolving Credit Agreement (Byline Bancorp, Inc.)
Validity and Binding Nature. Each of this This Agreement is, and each other Loan Document the Other Agreements to which the each Borrower is a party is the when delivered hereunder will be, legal, valid and binding obligation obligations of the each Borrower, enforceable against the each Borrower in accordance with its their respective terms.
Appears in 1 contract
Samples: Loan and Security Agreement (Paul Harris Stores Inc)
Validity and Binding Nature. Each of this This Agreement is, and each the Note and the other Loan Document Documents to which the Borrower it is a party is the when duly executed and delivered will be, legal, valid and binding obligation obligations of the Borrower, Borrower enforceable against the Borrower in accordance with its their respective terms.
Appears in 1 contract
Samples: Secured Credit Agreement (International Aircraft Investors)
