Common use of 3Enforceability Clause in Contracts

3Enforceability. The Agreement has been duly executed and delivered and constitutes a valid and binding obligation of the Seller enforceable against the Seller in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, securities, insolvency, or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies, or indemnification or by other equitable principles of general application.

Appears in 1 contract

Sources: Royalty Purchase Agreement (XOMA Corp)

3Enforceability. The This Agreement has been duly executed and delivered by an authorized person of the Buyer and constitutes a the valid and legally binding obligation of the Seller Buyer, enforceable against the Seller Buyer in accordance with its terms, except as such enforceability may be limited by ​ ​ applicable bankruptcy, securities, insolvency, or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies, or indemnification Bankruptcy Laws or by other equitable general principles of general applicationequity (whether considered in a proceeding in equity or at law).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Zenas BioPharma, Inc.)

3Enforceability. The This Agreement has been duly executed and delivered by an authorized person of the Buyer and constitutes a the valid and binding obligation of the Seller Buyer, enforceable against the Seller Buyer in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, securities, insolvency, or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies, or indemnification Bankruptcy Laws or by other equitable general principles of general applicationequity (whether considered in a proceeding in equity or at law).

Appears in 1 contract

Sources: Revenue Participation Right Purchase and Sale Agreement (Coherus BioSciences, Inc.)

3Enforceability. The This Agreement has been duly executed and delivered by an authorized person of the Buyer and constitutes a the valid and binding obligation of the Seller Buyer, enforceable against the Seller Buyer in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, securities, insolvency, or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies, or indemnification Bankruptcy Laws or by other equitable general principles of general application.equity (whether considered in a proceeding in equity or at law). ​

Appears in 1 contract

Sources: Royalty Purchase Agreement (XOMA Corp)

3Enforceability. The This Agreement has been duly executed and delivered by Buyer and constitutes a valid and legally binding obligation of the Seller Buyer, enforceable against the Seller Buyer in accordance with its terms, except as such enforceability enforcement may be limited by applicable bankruptcy, securities, insolvency, or similar laws relating toreorganization, or moratorium and other Laws affecting generally the enforcement of, creditors’ rights generally and remedies, or indemnification or except insofar as the availability of equitable remedies may be limited by other equitable principles of general applicationapplicable Law.

Appears in 1 contract

Sources: Equity Purchase Agreement

3Enforceability. The This Agreement has been duly executed and delivered by an authorized officer of the Seller and constitutes a the valid and legally binding obligation of the Seller Seller, enforceable against the Seller in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, securities, insolvency, or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies, or indemnification Bankruptcy Laws or by other equitable general principles of general applicationequity (whether considered in a proceeding in equity or at law).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Zenas BioPharma, Inc.)