Common use of Authorization; Enforceability Clause in Contracts

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 31 contracts

Samples: Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Pier 1 Imports Inc/De), Intercreditor Agreement (Toys R Us Inc)

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Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 19 contracts

Samples: Credit Agreement (Amerisourcebergen Corp), Credit Agreement (Huntsman Packaging Corp), Credit Agreement (Wright Medical Group Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan Party, as applicable, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 18 contracts

Samples: First Lien Credit Agreement (Select Medical Holdings Corp), First Lien Credit Agreement (Select Medical Corp), First Lien Credit Agreement (Select Medical Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 15 contracts

Samples: Credit Agreement (Marketing Services Inc), Credit Agreement (J Crew Group Inc), Credit Agreement (Wright Medical Group Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party on the Effective Date are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder or member action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Xxxxx 0 and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed by and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 12 contracts

Samples: Credit Agreement (Level 3 Parent, LLC), Credit Agreement (Level 3 Communications Inc), Credit Agreement (Level 3 Communications Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionaction and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan Party, as the case may be, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 12 contracts

Samples: Credit Agreement (Virtu Financial, Inc.), Credit Agreement (Virtu Financial, Inc.), Restatement Agreement (Virtu Financial, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate organizational or constitutional powers and have been duly authorized by all necessary corporate, membership, partnership organizational or other necessary actionconstitutional action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 12 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions entered into or to be entered into by each Loan Party are within such Loan Party’s corporate powers and powers. The Loan Documents have been duly authorized by all necessary corporate, membership, partnership or the Borrower and each other necessary actionLoan Party party thereto. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is or is to be a party, constitutes or when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of each such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 9 contracts

Samples: Credit Agreement (Huntington Ingalls Industries, Inc.), Credit Agreement (Huntington Ingalls Industries, Inc.), Credit Agreement (Huntington Ingalls Industries, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 8 contracts

Samples: Credit Agreement (Coty Inc.), Credit Agreement (Coty Inc /), Credit Agreement (Coty Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate corporate, partnership or other applicable powers and have been duly authorized by all necessary corporate, membershippartnership and, partnership if required, stockholder or other necessary equityholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 8 contracts

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

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionaction and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrowers or such Loan Party, as the case may be, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 8 contracts

Samples: Collateral Agreement (SMART Global Holdings, Inc.), Collateral Agreement (SMART Global Holdings, Inc.), Credit Agreement (SMART Global Holdings, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Parent Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Parent Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 8 contracts

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

Authorization; Enforceability. The transactions contemplated hereby Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 7 contracts

Samples: Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of each such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and subject to general principles of equitygenerally, regardless of whether considered in a proceeding in equity or at law.

Appears in 6 contracts

Samples: Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 6 contracts

Samples: Intercreditor Agreement (Toys R Us Inc), Intercreditor Agreement (Toys R Us Inc), Credit Agreement (Toys R Us Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party of the Credit Parties are within such Loan PartyPerson’s corporate powers and have been duly authorized by all necessary corporate, membershipand, partnership or other necessary if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of the Borrowers and constitutes, and each other Loan Document to which any Loan Party of the Credit Parties is a party, when executed and delivered by such Loan Party Credit Party, will constitute, a legal, valid and binding obligation of such Loan PartyCredit Party (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 6 contracts

Samples: Credit Agreement (Genesco Inc), Credit Agreement (Genesco Inc), Credit Agreement (Genesco Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Senior Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 6 contracts

Samples: Amendment and Restatement Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp)

Authorization; Enforceability. The transactions contemplated hereby Loan Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate 's powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Memc Electronic Materials Inc), Revolving Credit Agreement (Memc Electronic Materials Inc), Revolving Credit Agreement (Memc Electronic Materials Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary organizational and, if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 5 contracts

Samples: Credit Agreement (Blockbuster Inc), Credit Agreement (Blockbuster Inc), Credit Agreement (Symbol Technologies Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate 's powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Parent Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Parent Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 5 contracts

Samples: Credit Agreement (Metaldyne Corp), Credit Agreement (Trimas Corp), Credit Agreement (Metaldyne Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary equityholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of each such Borrower or Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Credit Agreement (Great Atlantic & Pacific Tea Co Inc), Credit Agreement (Great Atlantic & Pacific Tea Co Inc), Credit Agreement (Great Atlantic & Pacific Tea Co Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Senior Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary limited liability company action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Credit Agreement (Solaris Oilfield Infrastructure, Inc.), Credit Agreement (Solaris Oilfield Infrastructure, Inc.), Credit Agreement (Solaris Oilfield Infrastructure, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrowers or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Agreement (Albany International Corp /De/), Credit Facility Agreement (Albany International Corp /De/), Agreement (Albany International Corp /De/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Borrower or such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Term Loan Agreement (Willis Group Holdings PLC), Credit Agreement (Willis Group Holdings PLC), Credit Agreement (Willis Group Holdings PLC)

Authorization; Enforceability. The transactions contemplated hereby Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Credit Agreement (Pliant Corp), Fixed Asset Credit Agreement (Pliant Corpororation), Working Capital Credit Agreement (Pliant Corpororation)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate organizational or constitutional powers and have been duly authorized by all necessary corporate, membership, partnership constitutional or other necessary actionorganizational action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Credit Agreement (Jo-Ann Stores Inc), Credit Agreement (Petsmart Inc), Credit Agreement (Jo-Ann Stores Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into performed by each Loan Party such Borrower and its Subsidiary Guarantors (excluding use of proceeds) are within the corporate or other organizational powers of such Loan Party’s corporate powers Parties and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary organizational and, if required, stockholder action. This Agreement Each Loan Document to which such Borrower or any of its Subsidiary Guarantors are party has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, and constitutes a legal, valid and binding obligation of each such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (QVC Inc), Credit Agreement (QVC Inc), Credit Agreement (Liberty Interactive Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (American Apparel, Inc), Credit Agreement (American Apparel, Inc), Credit Agreement (American Apparel, Inc)

Authorization; Enforceability. The Transactions and the transactions contemplated hereby and by the other Loan Documents Amendment No. 2 to be entered into by each Loan Party are within such Loan Party’s corporate organizational or constitutional powers and have been duly authorized by all necessary corporate, membership, partnership constitutional or other necessary actionorganizational action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party Transactions are within such each Loan Party’s corporate organizational powers and have been duly authorized by all necessary corporateorganizational actions and, membershipif required, partnership or other necessary actionactions by equity holders. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutesParty, and each other Loan Document to which any each Loan Party is a party, when delivered hereunder, will have been duly executed and delivered by such Loan Party will Party. This Agreement constitutes, and each other Loan Document when delivered hereunder shall constitute, a legal, valid and binding obligation of such each Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Akorn Inc), Loan Agreement (Akorn Inc), Credit Agreement (Akorn Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by Transactions are within each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate or company, membershipas the case may be, partnership and, if required, stockholder or other necessary member, as the case may be, action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Velocita Corp), Credit Agreement (Pf Net Communications Inc), Credit Agreement (Velocita Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Knowles Electronics LLC), Credit Agreement (Knowles Electronics LLC), Credit Agreement (Knowles Electronics LLC)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be Transactions entered into by each Loan Party are were, and the Restatement Transactions entered into by each Loan Party are, within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (BioScrip, Inc.), Credit Agreement (BioScrip, Inc.), Credit Agreement (BioScrip, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Borrower or such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Willis Group Holdings LTD), 364 Day Credit Agreement (Willis Group Holdings LTD), Credit Agreement (Willis Partners)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate 's corporate, partnership and other powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Tweeter Home Entertainment Group Inc), Credit Agreement (Tweeter Home Entertainment Group Inc), Credit Agreement (Tweeter Home Entertainment Group Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Security Agreement (Hechinger Co), Intercreditor Agreement (Hechinger Co), Credit Agreement (Hechinger Co)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionaction and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

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

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Restatement Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Borrower and such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (American Axle & Manufacturing Holdings Inc), Credit Agreement (American Axle & Manufacturing Holdings Inc), Credit Agreement (American Axle & Manufacturing Holdings Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Credit Party are within such Loan Credit Party’s corporate corporate, partnership or other applicable powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary applicable action and, if required, by stockholder or other equityholder action. This Agreement has been duly executed and delivered by each Loan Credit Party that is a party hereto or thereto and constitutes, and each other Loan Credit Document to which any Loan Credit Party is to be a party, when executed and delivered by such Loan Party Credit Party, will constitute, a legal, valid and binding obligation of such Loan Credit Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Amdocs LTD), Credit Agreement (Amdocs LTD), Credit Agreement (Amdocs LTD)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrowers or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Financing Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action. This Agreement has been duly executed and delivered by the Borrower and each other Loan Document to which any Loan Party that is to be a party hereto or thereto party, when executed and delivered by such Loan Party, will be duly executed and delivered by such Loan Party. This Agreement constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan Party, as the case may be, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Greenhill & Co Inc), Credit Agreement (Greenhill & Co Inc), Credit Agreement (Greenhill & Co Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents that have been or are to be entered into by each Loan the applicable Credit Party are within such Loan Party’s its corporate or limited liability company powers and have been duly authorized by all necessary corporatecorporate or limited liability company action and, membershipif required, partnership stockholder or other necessary member action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Each Loan Document to which any Loan the applicable Credit Party is a partyparty constitutes (or, in the case of any Loan Document entered into after the Effective Date, when executed and delivered by such Loan Party Person, will constitute, ) a legal, valid and binding obligation of such Loan Credit Party, in each case enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or and other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Cloud Peak Energy Resources LLC), Credit Agreement (Cloud Peak Energy Resources LLC), Credit Agreement (Cloud Peak Energy Resources LLC)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, 67 when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Credit Agreement (Williams Companies Inc), Aircraft Dry Lease (Williams Companies Inc), Credit Agreement (Williams Companies Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be ------------------------------ entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Laralev Inc, Eagle Family Foods Inc, Eagle Family Foods Inc

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions entered into ----------------------------- or to be entered into by each Loan Party are within such Loan Party’s corporate 's powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is or is to be a partyparty constitutes (or, when executed and delivered by such Loan Party it, will constitute, ) a legal, valid and binding obligation of Holdings and the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Collateral Agency and Intercreditor Agreement (Leap Wireless International Inc), Credit Agreement (Leap Wireless International Inc)

Authorization; Enforceability. The transactions contemplated hereby Subject to the entry of and by the other Loan Documents terms of the DIP Order, the Transactions to be entered into by each Loan Party are within such Loan Party’s corporate organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of each such Loan Party. This Subject to the entry of and terms of the DIP Order, this Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and subject to general principles of equitygenerally, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Internap Corp), Possession Credit Agreement

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Financing Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law. SECTION 3.03.

Appears in 2 contracts

Samples: Credit Agreement (Supermarkets General Holdings Corp), Credit Agreement (Pathmark Stores Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Company and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Company or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Facility Agreement (Albany International Corp /De/), Borrowing Subsidiary Agreement (Albany International Corp /De/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Parent, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Advance Auto Parts Inc), Credit Agreement (Advance Auto Parts Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Borrower and such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (American Axle & Manufacturing Holdings Inc), Credit Agreement (American Axle & Manufacturing Holdings Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Advance Auto Parts Inc), Credit Agreement (Advance Auto Parts Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Borrower and each other Credit Party are within such Loan Borrower’s or such Credit Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary actionauthorized. This Agreement has been duly executed and delivered by Goodyear and each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Credit Document to which any Loan Credit Party is or is to be a partyparty constitutes or, when executed and delivered by such Loan Party Credit Party, will constitute, a legal, valid and binding obligation of Goodyear, such Loan Borrower or such Credit Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Goodyear Tire & Rubber Co /Oh/), Revolving Credit Agreement (Goodyear Tire & Rubber Co /Oh/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, limited partnership or other necessary limited liability company action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Aris Water Solutions, Inc.), Credit Agreement (Aris Water Solutions, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Hercules Offshore, Inc.), Credit Agreement (Hercules Offshore, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Borrower and each other Credit Party are within such Loan Borrower's or such Credit Party’s corporate 's powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary actionauthorized. This Agreement has been duly executed and delivered by Goodyear and each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Credit Document to which any Loan Credit Party is or is to be a partyparty constitutes or, when executed and delivered by such Loan Party Credit Party, will constitute, a legal, valid and binding obligation of Goodyear, such Loan Borrower or such Credit Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Goodyear Tire & Rubber Co /Oh/), Revolving Credit Agreement (Goodyear Tire & Rubber Co /Oh/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionaction and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrowers or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

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

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Exit Credit Agreement (Footstar Inc), Exit Credit Agreement (Footstar Inc)

Authorization; Enforceability. The transactions contemplated hereby Emergence Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Ami Celebrity Publications, LLC), Revolving Credit Agreement (Ami Celebrity Publications, LLC)

Authorization; Enforceability. The transactions contemplated hereby Transactions and by the other Loan Documents Restatement Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Parent Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Parent Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

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

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Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Second Priority Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent, CCI and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, CCI and the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Corecomm LTD /De/), Credit Agreement (Corecomm LTD /De/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate or other powers and have been duly authorized by all necessary corporateaction, membershipincluding, partnership if required, stockholder or other necessary member action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Land O Lakes Inc), Credit Agreement (Land O Lakes Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate organizational or constitutional powers and have been duly authorized by all necessary corporate, membership, partnership organizational or other necessary actionconstitutional action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.. Section 3.03

Appears in 2 contracts

Samples: Credit Agreement (Novelis Inc.), Term Credit Agreement (Novelis Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such and the execution, delivery and performance by each Loan Party’s corporate powers and Party of the Loan Documents to which it is a party have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary entity action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Company and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Company or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Term Loan Agreement (Tyson Foods, Inc.), Term Loan Agreement (Tyson Foods, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate organizational or constitutional powers and 77 have been duly authorized by all necessary corporate, membership, partnership organizational or other necessary actionconstitutional action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Novelis Inc.), Security Agreement (Novelis South America Holdings LLC)

Authorization; Enforceability. The transactions contemplated hereby Transactions and by the other Loan Documents 2012 Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan Party, as applicable, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (United Surgical Partners International Inc), Credit Agreement (Shoreline Real Estate Partnership, LLP)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Jo-Ann Stores Inc), Credit Agreement (Petsmart Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be ----------------------------- entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Psinet Inc), Credit Agreement (Ixl Enterprises Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be ------------------------------ entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Catalytica and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Catalytica, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Effectiveness Agreement (Catalytica Inc), Credit Agreement (Catalytica Inc)

Authorization; Enforceability. The transactions contemplated hereby Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (American Media Operations Inc), Credit Agreement (American Media Operations Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrowers or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate corporate, limited liability company or partnership powers and have been duly authorized by all necessary corporatecorporate or organizational, membershipand, partnership or other necessary if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Security Agreement (Zale Corp), Credit Agreement (Z Investment Holdings, LLC)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such other Loan Party, as applicable, enforceable against such Person in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Aspen Technology Inc /De/), Collateral Agreement (Aspen Technology Inc /De/)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions entered into or to be entered into by each Loan Party are within such Loan Party’s 's corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, constituted or will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Triton PCS Inc), Credit Agreement (Rural Cellular Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of each such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and subject to general principles of equitygenerally, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

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

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Grupo Iusacell Sa De Cv), Credit Agreement (Grupo Iusacell Celular Sa De Cv)

Authorization; Enforceability. The transactions contemplated hereby Transactions ------------------------------ entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Wki Holding Co Inc), Credit Agreement (Wki Holding Co Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into completed by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Kansas City Southern), Pledge Agreement (Kansas City Southern Industries Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Telecorp PCS Inc /Va/), Credit Agreement (Telecorp Communications Inc)

Authorization; Enforceability. The transactions contemplated hereby Restatement Transactions entered into and by the other Loan Documents to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Parent and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Parent, the Borrower and such other Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (American Axle & Manufacturing Holdings Inc), Credit Agreement (American Axle & Manufacturing Holdings Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party on the Effective Date are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder or member action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Xxxxx 0 and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed by and delivered by such Loan Party 91 Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Level 3 Communications Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of the Borrowers and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Imc Global Inc), Credit Agreement (Imc Global Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions ------------------------------ entered into or to be entered into by each Loan Party are within such Loan Party’s 's corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, constituted or will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Triton PCS Inc), Credit Agreement (Triton PCS Holdings Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Borrower or such Loan PartyParty (as the case may be), enforceable against Borrower or such Loan Party (as applicable) in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Credit Agreement (Healthtronics, Inc.), Credit Agreement (Healthtronics, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and the Parent and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower, the Parent or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (Amerisourcebergen Corp)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate or other powers and have been duly authorized by all necessary corporatecorporate (or other) and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (Safety-Kleen Holdco Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action and, if required, action by the holders of such Loan Party’s Equity Interests. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such other Loan Party, as applicable, enforceable against such Person in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws law’s affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law, SECTION 3.03.

Appears in 1 contract

Samples: 96140098v24 Execution Version Credit Agreement (Aspen Technology, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate or other powers and have been and will be duly authorized by all necessary corporate, membership, partnership corporate or other necessary action and, if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of each Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (MTS Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of IHS and the Tranche A-1 Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (IHS Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary organizational and, if required, stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (Symbol Technologies Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Financing Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stockholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto of Holdings and CAIS, Inc. and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of Holdings, CAIS, Inc. or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (KKR 1996 Fund L P)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into effected by each Loan Party are within such Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary organizational and, if required, stockholder or other equityholder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan Party, as the case may be, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or and other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (Cephalon Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Borrower and each other Credit Party are within such Loan Borrower's or such Credit Party’s corporate 's powers and have been duly authorized by all necessary corporate, membership, partnership or other necessary actionauthorized. This Agreement has been duly executed and delivered by Goodyear and each Loan Party that is a party hereto or thereto Borrower and constitutes, and each other Loan Credit Document to which any Loan Credit Party is to be a party, when executed and delivered by such Loan Party Credit Party, will constitute, a legal, valid and binding obligation of Goodyear, such Loan Borrower or such Credit Party, as the case may be, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Goodyear Tire & Rubber Co /Oh/

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate, membership, partnership corporate or other necessary actionorganizational action on the part of such Loan Party. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally generally, mandatory local provisions and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (Hercules Offshore, Inc.)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s 's corporate powers and have been duly authorized by all necessary corporatecorporate and, membershipif required, partnership or other necessary stock holder action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvencyinsol vency, reorganization, moratorium or other laws affecting creditors' rights generally and subject to general principles of equity, regardless of whether considered in a proceeding proceeding, in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (Endo Pharmaceuticals Holdings Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate or other powers and have been duly authorized by all necessary corporateaction, membershipincluding, partnership if required, stockholder or other necessary member action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Credit Agreement (Land O Lakes Inc)

Authorization; Enforceability. The transactions contemplated hereby and by the other Loan Documents Transactions to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporatecompany and, membershipif required, partnership stockholder or other necessary member action. This Agreement has been duly executed and delivered by each Loan Party that is a party hereto or thereto Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party, when executed and delivered by such Loan Party Party, will constitute, a legal, valid and binding obligation of the Borrower or such Loan PartyParty (as the case may be), enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: And Restatement Agreement (Interline Brands, Inc./De)

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