Common use of 2Enforceability Clause in Contracts

2Enforceability. This Agreement has been duly and validly executed and delivered by Sellers, and assuming due and valid authorization, execution and delivery by the Company, this Agreement constitutes legal, valid and binding obligations of Sellers enforceable against each Seller in accordance with its terms, except as such enforceability may be affected by bankruptcy, insolvency, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally and general equitable principles.

Appears in 2 contracts

Sources: Stock Repurchase Agreement (El Pollo Loco Holdings, Inc.), Stock Repurchase Agreement (El Pollo Loco Holdings, Inc.)

2Enforceability. This Agreement has been duly and validly executed authorized, executed, and delivered by Sellers, Seller and assuming due and valid authorization, execution and delivery by the Company, this Agreement constitutes legal, a valid and binding obligations obligation of Sellers Seller, enforceable against each Seller in accordance with its terms, except as such enforceability may be affected by subject to applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws relating to or Laws affecting creditors’ rights generally and general equitable principlesgenerally.

Appears in 1 contract

Sources: Hydrogen Fuel Cell Technology Purchase and Assignment Agreement (Boumarang Inc.)

2Enforceability. This Agreement has been duly and validly executed authorized, executed, and delivered by Sellers, Purchaser and assuming due and valid authorization, execution and delivery by the Company, this Agreement constitutes legal, a valid and binding obligations obligation of Sellers Purchaser, enforceable against each Seller Purchaser in accordance with its terms, except as such enforceability may be affected by subject to applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws relating to or Laws affecting creditors’ rights generally and general equitable principlesgenerally.

Appears in 1 contract

Sources: Hydrogen Fuel Cell Technology Purchase and Assignment Agreement (Boumarang Inc.)