Common use of Agreements Enforceable Clause in Contracts

Agreements Enforceable. This Agreement and the other Transaction Documents to which the Seller is a party constitute the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by (i) applicable Insolvency Laws and (ii) general principles of equity (whether considered as a suit at law or in equity) or implied covenants of good faith and fair dealing.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Bluegreen Corp), Asset Purchase Agreement (Bluegreen Corp)

Agreements Enforceable. This Agreement Agreement, each Transaction Document to which the Seller is a party and each of the other Transaction Documents Sale Papers to which the Seller is a party constitute the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by (i) applicable Insolvency Laws and (ii) except as such enforceability may be limited by general principles of equity (whether considered as in a suit at law or in equity) or implied covenants of good faith and fair dealing).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Kohlberg Capital CORP)