Common use of Legally Valid and Binding Clause in Contracts

Legally Valid and Binding. This Agreement constitutes the legal, valid and binding obligation of Buyer enforceable against Buyer in accordance with its terms (subject to bankruptcy, insolvency, reorganization or similar laws affecting creditors' rights generally).

Appears in 1 contract

Sources: Loan Purchase and Sale Agreement (Resource Asset Investment Trust)

Legally Valid and Binding. This Agreement constitutes the legal, valid and binding obligation of Buyer Seller enforceable against Buyer Seller in accordance with its terms (subject to bankruptcy, insolvency, reorganization or similar laws affecting creditors' rights generally).

Appears in 1 contract

Sources: Loan Purchase and Sale Agreement (Resource Asset Investment Trust)