Common use of Legal Agreements Clause in Contracts

Legal Agreements. The Old Credit Documents constitute the legal, valid and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms. The Borrower has no claim, defense or offset to enforcement of the Old Credit Documents.

Appears in 3 contracts

Samples: Credit and Security Agreement (Rsi Systems Inc/Mn), Credit and Security Agreement (Rsi Systems Inc/Mn), Credit and Security Agreement (Rsi Systems Inc/Mn)

AutoNDA by SimpleDocs

Legal Agreements. (a) The Old Credit Documents constitute the legal, valid and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms. The Borrower has no claim, defense or offset to enforcement of the Old Credit Documents.

Appears in 2 contracts

Samples: Credit and Security Agreement (SPF Energy Inc), Credit and Security Agreement (Sportsmans Guide Inc)

AutoNDA by SimpleDocs

Legal Agreements. The ( a)The Old Credit Documents constitute the legal, valid and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective termsterms (subject to laws generally affecting the enforcement of creditors' rights). The Borrower has no claim, defense or offset to enforcement of the Old Credit Documents.

Appears in 1 contract

Samples: Credit and Security Agreement (Health Fitness Physical Therapy Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.