Example ContractsClausesbinding effectVariants
Binding Effect
Binding Effect contract clause examples

Binding Effect. This Agreement has been duly executed and delivered by the [[Sellers:Organization]], and constitutes the legal, valid and binding obligation of the [[Sellers:Organization]], enforceable against the [[Sellers:Organization]] in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or similar laws affecting the enforcement of creditors' rights generally and by general principles of equity.

Binding Effect. Each of this Agreement and the other Transaction Documents to which it is a party has been duly executed and delivered and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws affecting the rights of creditors generally and the application of general principles of equity (regardless of whether considered in a proceeding at law or in equity).

Binding Effect. This Agreement shall be binding upon and inure to the benefit of [[Seller:Organization]] and Executive and their respective permitted successors, assigns, heirs and legal representatives.

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