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 Grantor, enforceable against Grantor 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 28 contracts

Sources: Asset Purchase Agreement (Grow Solutions Holdings, Inc.), Security Agreement (Artec Global Media, Inc.), Security Agreement (Inergetics Inc)

Validity and Binding Nature. This Security Agreement is the legal, valid and binding obligation of Grantor, enforceable against Grantor 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 (Bitzio, Inc.)