Example ContractsClausesacknowledgment of enforceabilityVariants
Acknowledgment of Enforceability
Acknowledgment of Enforceability contract clause examples

Enforceability. The execution and delivery by the [[Organization A:Organization]] of this Agreement and the other Loan Documents and by [[Organization C:Organization]] of the [[Organization C:Organization]] Guarantee will result in valid and legally binding obligations of the [[Organization A:Organization]] or [[Organization C:Organization]], as the case may be, enforceable against them in accordance with the respective terms and provisions hereof and thereof, except as enforceability is limited by bankruptcy, insolvency, reorganization, receivership, moratorium or other laws affecting creditors’ rights and remedies generally and general principles of equity.

Section # Enforceable Obligations. This Agreement has been duly executed and delivered by the [[Organization A:Organization]] and theeach Guarantor. This Agreement is the legal, valid and binding obligation of the [[Organization A:Organization]] and theeach Guarantor enforceable against the [[Organization A:Organization]] and thesuch Guarantor, respectively, in accordance with its terms, except as such enforceability may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally. The Notes are the legal, valid and binding obligations of the [[Organization A:Organization]] enforceable against the [[Organization A:Organization]] in accordance with their respective terms, except as such enforceability may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally. The making and performance by the [[Organization A:Organization]] and theeach Guarantor of this Agreement and the other Credit Documents do not require any license, consent or approval of, registration with, or any other action by, any governmental authority.

Enforceability. This Agreement and all of the other Program Documents executed and delivered by [[Organization C:Organization]] in connection herewith are legal, valid and binding obligations of [[Organization C:Organization]] and are enforceable against [[Organization C:Organization]] in accordance with their terms except as such enforceability may be limited by # the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar Requirement of Law affecting creditors’ rights generally and # general principles of equity.

This Agreement is, and the other Loan Documents when delivered hereunder will be, legal, valid and binding obligations of the [[Organization A:Organization]] enforceable against the [[Organization A:Organization]] in accordance with their respective terms.

Section # Authorization; Enforceability. The execution, delivery and performance by of the Loan Documents are within its corporate powers and have been duly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by and constitutes, and each other Loan Document, when executed and delivered by , will constitute, a legal, valid and binding obligation of , enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

Enforceability. This Agreement constitutes a valid and binding obligation of [[Organization A:Organization]], enforceable in accordance with its terms, except as limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors' rights generally and general principles of equity.

Execution and Delivery. This Agreement and all other Loan Documents to which is a party have been duly executed and delivered by or on behalf of , and constitute legal, valid and binding obligations of enforceable against in accordance with their respective terms, subject only to Creditors’ Rights Laws generally, and subject, as to enforceability, to general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).

Enforceability. The execution, delivery and performance of this Agreement and the other Loan Documents by each of the Borrowers will result in valid and legally binding obligations of each of the Borrowers enforceable against each such Borrower in accordance with the respective terms and provisions hereof and thereof, except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other Laws relating to or affecting generally the enforcement of creditors’ rights and except to the extent that availability of the remedy of specific performance or injunctive relief is subject to the discretion of the court before which any proceeding therefor may be brought.

Enforceability. The execution and delivery of this Agreement and the other Loan Documents will result in valid and legally binding obligations of the Company enforceable against it in accordance with the respective terms and provisions hereof and thereof, except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors’ rights or by the application of equitable principles relating to enforceability (regardless of whether considered in a proceeding in equity or at law) including, # the possible unavailability of specific performance injunctive relief or any equitable remedy and # concepts of materiality, reasonableness, good faith and fair dealings; provided that the Company assumes for the purposes of this [Section 3.01(c)] that this Agreement and the other Loan Documents have been validly executed and delivered by each of the parties thereto other than the Company.

Execution and Binding Effect. This Agreement, the Note and the other Loan Documents to which [[Organization A:Organization]] is a party have been duly and validly executed and delivered by [[Organization A:Organization]] and constitute legal, valid and binding obligations of [[Organization A:Organization]], enforceable in accordance with the terms hereof and thereof, subject to the effect of bankruptcy, insolvency, reorganization, arrangement, moratorium, or other similar laws relating to or affecting the rights of creditors generally.

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