Common use of The Exchange Securities Clause in Contracts

The Exchange Securities. The notes and related guarantees having terms substantially identical to (1) the Securities (the “Exchange Securities”) issuable in exchange for the Securities in an exchange offer (the “Exchange Offer”) pursuant to the Registration Rights Agreement and (2) the Guarantees, respectively, have been duly authorized by the Company and the Guarantors, and, when issued and delivered pursuant to the Registration Rights Agreement and duly authenticated pursuant to the Indenture, will have been duly executed, authenticated, issued and delivered and will constitute valid and legally binding obligations of the Company and the Guarantors entitled to the benefits provided by the Indenture, enforceable against the Company and the Guarantors in accordance with its terms, subject as to enforcement, to bankruptcy, insolvency, fraudulent transfer, fraudulent conveyance, moratorium, reorganization and laws of general applicability relating to or affecting creditors’ rights and general equity principles (regardless of whether enforceability is considered in a proceeding in equity or at law);;

Appears in 2 contracts

Sources: Purchase Agreement (Hornbeck Offshore Services Inc /La), Purchase Agreement (Hornbeck Offshore Services Inc /La)

The Exchange Securities. The notes and related guarantees having terms substantially identical to (1) the Securities (the “Exchange Securities”) issuable in exchange for the Securities in an exchange offer (the “Exchange Offer”) pursuant to the Registration Rights Agreement and (2) the Guarantees, respectively, have been duly authorized by the Company and the Guarantors, and, when issued and delivered pursuant to the Registration Rights Agreement and duly authenticated pursuant to the Indenture, will have been duly executed, authenticated, issued and delivered and will constitute valid and legally binding obligations of the Company and the Guarantors entitled to the benefits provided by the Indenture, enforceable against the Company and the Guarantors in accordance with its terms, subject as to enforcement, to bankruptcy, insolvency, fraudulent transfer, fraudulent conveyance, moratorium, reorganization and laws of general applicability relating to or affecting creditors’ rights and general equity principles (regardless of whether enforceability is considered in a proceeding in equity or at law);;

Appears in 1 contract

Sources: Purchase Agreement (Hornbeck Offshore Services Inc /La)