BINDING AGREEMENT BETWEEN THE PARTIES Clause Samples

The "Binding Agreement Between the Parties" clause establishes that the contract is legally enforceable and obligates both parties to adhere to its terms. In practice, this means that once the agreement is signed, each party is required to fulfill their respective duties, such as delivering goods, providing services, or making payments as specified. This clause ensures that the contract is not merely a statement of intent but a formal commitment, providing legal recourse if either party fails to perform as agreed.
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BINDING AGREEMENT BETWEEN THE PARTIES. The articles and provisions contained herein constitute a bilateral and binding agreement ("Agreement") by and between the Board of Trustees ("Board") of the ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ("District") and the ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Chapter, CCA/CTA/NEA ("Association"), an employee organization formally known as United Faculty. Reference to the "parties" as used in this Article shall include the Board and the Association.
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BINDING AGREEMENT BETWEEN THE PARTIES. This Agreement shall be binding on and inure to the benefit of the Parties, their legal representatives, and their successors.
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BINDING AGREEMENT BETWEEN THE PARTIES. The articles and provisions contained herein constitute a bilateral and binding agreement ("Agreement") by and between the Board of Trustees ("Board") of the North Orange County Community College District ("District") and the North Orange County Community College District Chapter, CCA/CTA/NEA ("Association"), an employee organization formally known as United Faculty. Reference to the "parties" as used in this Article shall include the Board and the Association.
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Related to BINDING AGREEMENT BETWEEN THE PARTIES

  • Binding Agreements This Agreement and the other Financing Documents executed and delivered by the Borrowers have been properly executed and delivered and constitute the valid and legally binding obligations of the Borrowers and are fully enforceable against each of the Borrowers in accordance with their respective terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties, and general principles of equity regardless of whether applied in a proceeding in equity or at law.

  • Binding Agreement This Agreement shall be binding and inure to the benefit of the Parties hereto and their respective heirs, legal successors, and assigns.

  • Binding Agreement; Assignment This Agreement shall inure to the benefit of, be binding upon, and be enforceable by the Company and its successors and assigns. The Participant shall not assign (except in accordance with Section 6 hereof) any part of this Agreement without the prior express written consent of the Company.

  • Binding Agreement; Assignments Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the parties that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. Neither the Borrower nor any Guarantor may assign or transfer any of its rights or obligations hereunder (and any such attempted assignment or transfer shall be void) without the prior written consent of the Required Lenders. Notwithstanding the foregoing, at the time any Guarantor is released from its obligations under the Guarantee Agreement in accordance with such Guarantee Agreement and the Credit Agreement, such Guarantor will cease to have any rights or obligations under this Agreement.

  • Binding Agreement; Benefit The provisions of this Agreement will be binding upon, and will inure to the benefit of, the respective heirs, legal representatives and successors of the parties hereto.