Common use of Legality and Enforceability Clause in Contracts

Legality and Enforceability. This Agreement has been duly executed and delivered by Buyer and is the legal, valid and binding obligation of Buyer enforceable against Buyer in accordance with its terms, subject to general principles of equity and to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws from time to time in effect affecting the enforcement of creditors' rights generally.

Appears in 1 contract

Sources: Stock Purchase Agreement (Shoneys Inc)

Legality and Enforceability. This Agreement has been duly executed and delivered by Buyer and is the legal, valid and binding obligation of Buyer enforceable against Buyer in accordance with its terms, subject to general principles applicable bankruptcy laws and judicial limitations on the availability of equity and to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws from time to time in effect affecting the enforcement of creditors' rights generallyequitable remedies.

Appears in 1 contract

Sources: Stock Purchase Agreement (Shoneys Inc)

Legality and Enforceability. This Agreement has been duly executed and delivered by Buyer and is the legal, valid and binding obligation of Buyer enforceable against Buyer in accordance with its terms, subject to general principles of equity and to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws from time to time in effect affecting the enforcement of creditors' rights generally.

Appears in 1 contract

Sources: Asset Purchase Agreement (Private Business Inc)

Legality and Enforceability. This Agreement has been duly executed and delivered by Buyer and is the legal, valid and binding obligation of Buyer Seller enforceable against Buyer Seller in accordance with its terms, subject to general principles of equity and to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws from time to time in effect affecting the enforcement of creditors' rights generally.

Appears in 1 contract

Sources: Asset Purchase Agreement (Private Business Inc)