Common use of Validity and Effect Clause in Contracts

Validity and Effect. This Agreement has been duly authorized, executed and delivered by Investor and, assuming the due authorization, execution and delivery by Seller, this Agreement constitutes the valid, legal and binding obligation of Investor, enforceable in accordance with its terms, except to the extent that enforceability may be limited by bankruptcy, insolvency, moratorium or similar laws affecting the enforcement of creditors' rights generally.

Validity and Effect. This Agreement has been duly authorized, executed and delivered by Investor Seller and, assuming the due authorization, execution and delivery by SellerInvestor, this Agreement constitutes the valid, legal and binding obligation of InvestorSeller, enforceable in accordance with its terms, except to the extent that enforceability may be limited by bankruptcy, insolvency, moratorium or similar laws affecting the enforcement of creditors' rights generally.