Common use of Due Execution; Enforceability Clause in Contracts

Due Execution; Enforceability. This Amendment has been duly executed and delivered by the Borrower and, together with the other Loan Documents, is a legal, valid and binding obligation of the Borrower, enforceable in accordance with its terms subject, as to enforcement only, to bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforceability of the rights of creditors generally and to general principles of equity (regardless of whether enforcement is sought in equity or at law).

Appears in 4 contracts

Samples: Limited Forbearance Agreement (Doskocil Manufacturing Co Inc), Limited Forbearance Agreement (Doskocil Manufacturing Co Inc), Limited Forbearance Agreement (Doskocil Manufacturing Co Inc)

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Due Execution; Enforceability. This Amendment has been duly executed and delivered by the Borrower and, together with the other Loan DocumentsAgreement, is a legal, legal valid and binding obligation of the Borrower, enforceable in accordance with its terms subject, as to enforcement only, to bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforceability of the rights of creditors generally and to general principles of equity (regardless of whether enforcement is sought in equity or at law).

Appears in 3 contracts

Samples: Loan Agreement (Isecuretrac Corp), Loan Agreement (Isecuretrac Corp), Loan Agreement (Isecuretrac Corp)

Due Execution; Enforceability. This Amendment has been duly executed and delivered by the Borrower Debtor and, together with the other Loan DocumentsAgreement, is a legal, valid and binding obligation of the BorrowerDebtor, enforceable in accordance with its terms subject, as to enforcement only, to bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforceability of the rights of creditors generally and to general principles of equity (regardless of whether enforcement is sought in equity or at law).

Appears in 2 contracts

Samples: Credit and Security Agreement (Isecuretrac Corp), Credit and Security Agreement (Isecuretrac Corp)

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Due Execution; Enforceability. This Amendment has been duly executed and delivered by the Borrower and, together with the other Amended Loan DocumentsAgreement, is a legal, valid and binding obligation of the Borrower, enforceable in accordance with its terms subject, as to enforcement only, to bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforceability of the rights of creditors generally and to general principles of equity (regardless of whether enforcement is sought in equity or at law)generally.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Universal Electronics Inc)

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