Common use of Valid Clause in Contracts

Valid. Each of Company's Leases is valid, effective, and enforceable against the lessor or licensor in accordance with its terms, except as limited by bankruptcy, insolvency, moratorium, reorganization or similar Laws affecting the rights of creditors generally and the availability of equitable remedies.

Appears in 4 contracts

Sources: Merger Agreement (Choiceone Financial Services Inc), Merger Agreement (Wintrust Financial Corp), Merger Agreement (Macatawa Bank Corp)

Valid. Each of Company's Leases is valid, effective, and enforceable against the lessor or licensor in accordance with its terms, except as limited by bankruptcy, insolvency, moratorium, reorganization or similar Laws laws affecting the rights of creditors generally and the availability of equitable remedies.

Appears in 1 contract

Sources: Merger Agreement (Chemical Financial Corp)

Valid. Each of Company's ’s Leases is valid, effective, and enforceable against the lessor or licensor in accordance with its terms, except as limited by bankruptcy, insolvency, moratorium, reorganization or similar Laws laws affecting the rights of creditors generally and the availability of equitable remedies.

Appears in 1 contract

Sources: Merger Agreement (Monarch Community Bancorp Inc)