Common use of Binding Obligation Clause in Contracts

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Seller enforceable in accordance with its terms.

Appears in 142 contracts

Sources: Sale and Servicing Agreement (CNH Equipment Trust 2025-B), Sale and Servicing Agreement (CNH Equipment Trust 2025-B), Sale and Servicing Agreement (CNH Equipment Trust 2025-A)

Binding Obligation. This Agreement constitutes is a legal, valid and binding obligation of the Seller Seller, enforceable in accordance with its terms.

Appears in 137 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Purchase and Sale Agreement (Otis Gallery LLC), Purchase and Sale Agreement (Otis Gallery LLC)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Seller enforceable against it in accordance with its terms, subject to applicable insolvency, reorganization, moratorium, fraudulent transfer and other laws relating to or affecting creditors’ or secured parties’ rights generally from time to time in effect and to general principles of equity (including concepts of materiality, reasonableness, good faith and fair dealing), regardless of whether considered in a proceeding in equity or at law.

Appears in 78 contracts

Sources: Recovery Property Purchase and Sale Agreement (RG&E Storm Funding LLC), Recovery Property Purchase and Sale Agreement (NYSEG Storm Funding LLC), Recovery Property Purchase and Sale Agreement (NYSEG Storm Funding LLC)

Binding Obligation. This Agreement constitutes a is the legal, valid valid, and binding obligation of the Seller, enforceable against Seller enforceable in accordance with its terms.

Appears in 10 contracts

Sources: Business and Asset Purchase Agreement (B2Digital, Inc.), Agreement to Transfer Interest in LLC (B2Digital, Inc.), Asset Purchase Agreement (Digital Turbine, Inc.)

Binding Obligation. This Purchase Agreement constitutes a legal, valid and binding obligation of Seller, enforceable in accordance with its terms; and each Document to be executed by Seller pursuant hereto, when executed and delivered in accordance with the Seller provisions hereof, shall be a valid and binding obligation of Seller, enforceable in accordance with its terms.

Appears in 2 contracts

Sources: Share Purchase Agreement (Baltic International Usa Inc), Share Purchase Agreement (Baltic International Usa Inc)

Binding Obligation. This As provided by the Sale Order, this Agreement constitutes a and the other instruments and documents specified herein constitute legal, valid and binding obligation obligations of the Seller Seller, enforceable in accordance with its their respective terms.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Zoom Telephonics Inc), Asset Purchase Agreement (Zoom Telephonics Inc)

Binding Obligation. This Agreement constitutes is a legal, valid and binding obligation of the Seller Buyer, enforceable against the Buyer in accordance with its termsterms and conditions. This Agreement in all terms and conditions binds both the Buyer and its successors.

Appears in 1 contract

Sources: Quota Purchase Agreement (Afya LTD)

Binding Obligation. This Agreement constitutes a is the legal, valid valid, and binding obligation of the Seller Buyer, enforceable against Buyer in accordance with its terms., except as

Appears in 1 contract

Sources: Partnership Interest Purchase Agreement

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Seller, enforceable against Seller enforceable in accordance with its terms.

Appears in 1 contract

Sources: Purchase Agreement (Otter Tail Ag Enterprises, LLC)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Seller, enforceable in accordance with its terms. Each document and instrument to be executed by Seller pursuant hereto, when executed and delivered in accordance with the Seller provisions hereof, shall be a valid and binding obligation of Seller, enforceable in accordance with its terms.

Appears in 1 contract

Sources: Asset Purchase Agreement (Adams Outdoor Advertising LTD Partnership)

Binding Obligation. This Agreement constitutes a legal, ------------------ valid and binding obligation of the Seller enforceable in accordance with its terms.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

Binding Obligation. This Agreement constitutes a legalvalid and binding ------------------ obligation of Seller, enforceable in accordance with its terms. Each document and instrument to be executed by Seller pursuant hereto, when executed and delivered in accordance with the provisions hereof, shall be a valid and binding obligation of the Seller Seller, enforceable in accordance with its terms.

Appears in 1 contract

Sources: Asset Purchase Agreement (Adams Outdoor Advertising Inc)

Binding Obligation. This Agreement has been duly executed and delivered by Seller, and constitutes a the legal, valid and binding obligation of the Seller Seller, enforceable in accordance with its terms.terms against Seller, except that (a) such enforcement

Appears in 1 contract

Sources: Stock Purchase and Sale Agreement (Lyon William)

Binding Obligation. This Agreement constitutes a legal, the valid and legally binding obligation of the Seller enforceable in accordance with its terms.

Appears in 1 contract

Sources: Stock Purchase Agreement (Winston Furniture Co of Alabama Inc)