Common use of Binding Obligation Clause in Contracts

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable in all respects by the holder thereof in accordance with its terms, except (i) subject, as enforceability may be limited by to enforcement, to applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligorgenerally.

Binding Obligation. The Receivable constitutes the genuine, legal, valid and binding payment obligation in writing of the related Obligor, enforceable in all material respects by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable subject to the effect of bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ ' rights generally generally, and (ii) as such the Receivable may be modified by is not subject to any right of rescission, setoff, counterclaim or defense, including the application after the Cut-Off Date defense of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligorusury.

Binding Obligation. The Receivable constitutes the legal, valid legal and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its termsall material respects, except (i) subject as enforceability may be limited by to enforcement, to applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally principles, consumer protection laws and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, or similar state or local laws, to the extent applicable to the related Obligor.

Binding Obligation. The Each Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable in all respects by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligoror similar state or local laws.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the applicable Cut-Off Date of the Servicemembers Civil Relief Act, as amended, amended to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid legal and binding payment obligation in writing of the related Obligor, enforceable in all material respects by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by subject, to applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally principles, consumer protection laws and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid legal and binding payment obligation in writing of the related Obligor, enforceable in all respects by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws, equitable principles and consumer protection laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable in all respects by the holder thereof in accordance with its terms, except (i) subject, as enforceability may be limited by to enforcement, to applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ ' rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligorgenerally.

Binding Obligation. The Receivable constitutes the genuine, legal, valid and binding payment obligation in writing of the related Obligor, enforceable in all material respects by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable subject to the effect of bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally generally, and (ii) as such the Receivable may be modified by is not subject to any right of rescission, setoff, counterclaim or defense, including the application after the Cut-Off Date defense of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligorusury.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the applicable Cut-Off Date of the Servicemembers Servicemembers’ Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the applicable Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Each Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable in all respects by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief ActAct of 2003, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and or (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligoror similar state or local laws.

Binding Obligation. The Receivable constitutes the legal, valid legal and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its termsthereof, except (i) subject as enforceability may be limited by to enforcement, to applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally principles, consumer protection laws and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable in all material respects by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable subject to the effect of bankruptcy, insolvency, reorganization, liquidation reorganization or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ ' rights generally generally; and (ii) as such the Receivable may be modified by is not subject to any right of rescission, setoff, counterclaim or defense, including the application after the Cut-Off Date defense of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligorusury.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related ObligorObligor or Payor, respectively, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Cutoff Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related ObligorObligor or Payor, respectively.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the applicable Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the applicable Cut-Off Date of the Servicemembers Soldiers’ and Sailors’ Civil Relief ActAct of 1940, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ ' rights generally and (ii) as such Receivable may be modified by the application after the applicable Cut-Off Date of the Servicemembers Soldiers' and Sailors' Civil Relief ActAct of 1940, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable in all respects by the holder thereof in accordance with its terms, except (i) subject, as enforceability may be limited by to enforcement, to applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ ' rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, generally. Schedule I to the extent applicable to the related Obligor.Sale and Servicing Agreement

Binding Obligation. The Receivable constitutes the legal, valid legal and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its termsthereof, except (i) as enforceability may be limited by subject to applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally principles, consumer protection laws and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid legal and binding payment obligation in writing of the related Obligor, enforceable in all material respects by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and laws, equitable principles and consumer protection laws relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the genuine, legal, valid and binding payment obligation in writing of the related Obligor, enforceable in all material respects by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable subject to the effect of bankruptcy, insolvency, reorganization, liquidation liquidation, or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally generally, and (ii) as such the Receivable may be modified by is not subject to any right of rescission, setoff, claim, counterclaim or defense, including the application after the Cut-Off Date defense of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligorusury.

Binding Obligation. The Receivable constitutes represents the legal, valid legal and binding payment obligation in writing of the related Obligor, enforceable in all material respects by the holder thereof in accordance with its termsof the Receivable, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation reorganization or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally or by general equitable principles, consumer protection laws and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Cutoff Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the applicable Cut-Off Date of the Servicemembers Soldiers’ and Sailors’ Civil Relief ActAct of 1940, as amended, to the extent applicable to the related Obligor.

Binding Obligation. The Receivable constitutes the genuine, legal, valid and binding payment obligation in writing of the related Obligor, enforceable in all material respects by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable subject to the effect of bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ ' rights generally generally, and (ii) as such the Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Civil Relief Act, as amended, to the extent applicable to the related Obligor.is not subject

Binding Obligation. The Receivable constitutes the legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except (i) as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such Receivable may be modified by the application after the Cut-Off Date of the Servicemembers Servicemembers’ Civil Relief Act, as amended, to the extent applicable to the related Obligor.