Common use of Validity and Binding Nature Clause in Contracts

Validity and Binding Nature. This Agreement is, and the Notes (if any) when duly executed and delivered will be, legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles.

Appears in 5 contracts

Sources: Revolving Credit Agreement (International Lease Finance Corp), Revolving Credit Agreement (International Lease Finance Corp), Revolving Credit Agreement (International Lease Finance Corp)

Validity and Binding Nature. This Agreement is, and the Notes (if any) when has been duly executed and delivered by the Company and is, and each of the other Documents, when executed and delivered by the Company will be, a legal, valid and binding obligations obligation of the Company, enforceable against the Company in accordance with their respective termsits terms (except as enforcement thereof may be limited by bankruptcy, subject to bankruptcyreorganization, insolvency, fraudulent transfer, reorganization, moratorium and similar or other laws or equitable principles affecting the enforcement of general applicability relating to or affecting creditors' rights and to general equity principlesgenerally).

Appears in 4 contracts

Sources: Securities Purchase Agreement (Compressco Inc), Securities Purchase Agreement (Uniview Technologies Corp), Securities Purchase Agreement (Uniview Technologies Corp)

Validity and Binding Nature. This Agreement is, and the Committed Notes (if any) when duly executed and delivered will be, legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles.

Appears in 3 contracts

Sources: Three Year Revolving Credit Agreement (International Lease Finance Corp), Revolving Credit Agreement (International Lease Finance Corp), Revolving Credit Agreement (International Lease Finance Corp)

Validity and Binding Nature. This Agreement is, and the --------------------------- Notes (if any) when duly executed and delivered will be, legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

Appears in 2 contracts

Sources: Revolving Credit Agreement (International Lease Finance Corp), Revolving Credit Agreement (International Lease Finance Corp)

Validity and Binding Nature. This Agreement has been duly --------------------------- executed and delivered by the Company and is, and each of the Notes (if any) other Documents, when duly executed and delivered by the Company will be, a legal, valid and binding obligations obligation of the Company, enforceable against the Company in accordance with their respective termsits terms (except as enforcement thereof may be limited by bankruptcy, subject to bankruptcyreorganization, insolvency, fraudulent transfer, reorganization, moratorium and similar or other laws or equitable principles affecting the enforcement of general applicability relating to or affecting creditors' rights and to general equity principlesgenerally).

Appears in 1 contract

Sources: Securities Purchase Agreement (Grace Development Inc)

Validity and Binding Nature. This Agreement is, and the Notes (if any) each Note --------------------------- when duly executed and delivered will be, a legal, valid and binding obligations obligation of the Company, enforceable against the Company in accordance with their respective its terms, subject to except as enforceability may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and or similar laws at the time in effect affecting the enforceability of the rights of creditors generally and by the application of general applicability relating to or affecting creditors’ rights and to general equity principlesprinciples of equity.

Appears in 1 contract

Sources: Credit Agreement (Global Industrial Technologies Inc)

Validity and Binding Nature. This Agreement is, and the Notes (if any) --------------------------- when duly executed and delivered by the Company will be, legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms, subject to except as such enforcement may be limited by the application of bankruptcy, insolvencymoratorium, fraudulent transfer, reorganization, moratorium and similar reorganization or other laws affecting the rights of creditors generally or by general applicability relating to principles of equity (whether or affecting creditors’ rights and to general equity principlesnot a proceeding is brought in a court of law or equity).

Appears in 1 contract

Sources: Credit Agreement (Montgomery Ward Holding Corp)

Validity and Binding Nature. This Agreement is, and the Notes (if any) Note when duly executed and delivered by the Company will be, legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms, subject to except as such enforcement may be limited by the application of bankruptcy, insolvencymoratorium, fraudulent transfer, reorganization, moratorium and similar reorganization or other laws affecting the rights of creditors generally or by general applicability relating to principles of equity (whether or affecting creditors’ rights and to general equity principlesnot a proceeding is brought in a court of law or equity).

Appears in 1 contract

Sources: Term Loan Agreement (Montgomery Ward Holding Corp)

Validity and Binding Nature. This Agreement is, and the --------------------------- Notes (if any) when duly executed and delivered will be, legal, valid and binding obligations of the Company, Company enforceable against the Company it in accordance with their respective terms, subject only to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and or similar laws affecting the enforceability of general applicability relating to or affecting creditors’ rights and to general equity principlesof creditors generally.

Appears in 1 contract

Sources: Credit Agreement (General Signal Corp)

Validity and Binding Nature. This Agreement is, and the Notes (if any) when duly executed and delivered will be, legal, valid and binding obligations of the Company, Company enforceable against the Company in accordance with their respective terms, subject to except as enforceability may be limited by applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and moratorium, or similar laws of general applicability relating to or affecting creditors’ rights and to generally or by general equity equitable principles.

Appears in 1 contract

Sources: Credit Agreement (Puget Sound Energy Inc)

Validity and Binding Nature. This Agreement is, and the Notes (if any) Note when duly executed and delivered will be, legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms, subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar other laws of general applicability relating to or application affecting creditors’ rights the right of creditors and to general equity principlesthe availability of equitable remedies.

Appears in 1 contract

Sources: Credit Agreement (Woodhead Industries Inc)