Common use of Valid Binding Agreements Clause in Contracts

Valid Binding Agreements. This Agreement, the Authority Promissory Note and Authority Deed of Trust for the Authority Subordinate Loan, the Regulatory Agreement, the Ground Lease, Memorandum of Ground Lease, Request for Notice, Notice of Affordability Restrictions, and all other documents or instruments which have been executed and delivered pursuant to or in connection with this Agreement constitute or, if not yet executed or delivered, will when so executed and delivered constitute, legal, valid and binding obligations of Developer enforceable against it in accordance with their respective terms.

Valid Binding Agreements. This Agreement, the Authority Promissory Note and Authority Deed of Trust for the Authority Subordinate Loan, the Regulatory Agreement, the Ground Lease, Memorandum of Ground Lease, Memorandum of Agreement, Request for Notice, Notice of Affordability Restrictions, and all other documents or instruments which have been executed and delivered pursuant to or in connection with this Agreement constitute or, if not yet executed or delivered, will when so executed and delivered constitute, legal, valid and binding obligations of Developer enforceable against it in accordance with their respective terms.