Common use of Validity and Binding Nature Clause in Contracts

Validity and Binding Nature. This Security Agreement is the legal, valid and binding obligation of Debtor, enforceable against Debtor in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 12 contracts

Sources: Security Agreement (Tarsier Ltd.), Security Agreement (Tarsier Ltd.), Security Agreement (Vapor Hub International Inc.)

Validity and Binding Nature. This Security Agreement is the legal, valid and binding obligation of Debtor, enforceable against Debtor in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 11 contracts

Sources: Security Agreement (SRAX, Inc.), Security Agreement (SRAX, Inc.), Security Agreement (Advanced Human Imaging LTD)

Validity and Binding Nature. This Security Agreement is the legal, valid and binding obligation of each Debtor, enforceable against each Debtor in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 6 contracts

Sources: Security Agreement (Grow Solutions Holdings, Inc.), Security Agreement (Integrated Energy Solutions, Inc.), Security Agreement (Pulse Network, Inc.)

Validity and Binding Nature. This Security Agreement is the legal, valid and binding obligation of each Debtor, enforceable against each Debtor in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 6 contracts

Sources: Security Agreement (Sack Lunch Productions Inc.), Senior Secured Credit Facility Agreement (Drone USA Inc.), Security Agreement (Dr. Tattoff, Inc.)

Validity and Binding Nature. This Security Agreement is the legal, valid and binding obligation of the Debtor, enforceable against the Debtor in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 5 contracts

Sources: Security Agreement (Venus Concept Inc.), Security Agreement (Venus Concept Inc.), Security Agreement (Venus Concept Inc.)

Validity and Binding Nature. This Security Agreement is the legal, valid and binding obligation of the Debtor, enforceable against the Debtor in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 5 contracts

Sources: Security Agreement (Zoompass Holdings, Inc.), Security Agreement (Fresh Healthy Vending International, Inc.), Security Agreement (Ivax Diagnostics Inc)

Validity and Binding Nature. This Security Agreement is the legal, valid and binding obligation of such Debtor, enforceable against such Debtor in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Sources: Security Agreement (Pacific Ventures Group, Inc.)