Binding Obligation, Etc. This Agreement has been duly executed and delivered by the Member and is the valid and binding obligation of the Member, enforceable against the Member in accordance with its terms, subject to applicable bankruptcy, reorganization, insolvency, moratorium, and similar laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of equity (regardless of whether enforcement is sought in equity or at law).
Appears in 3 contracts
Sources: Operating Agreement (Brindlee Mountain Telephone Co), Operating Agreement (Brindlee Mountain Telephone Co), Operating Agreement (Brindlee Mountain Telephone Co)