Common use of Agreements Enforceable Clause in Contracts

Agreements Enforceable. This Agreement and the Purchase Agreement constitute the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).

Appears in 6 contracts

Samples: Purchase and Servicing Agreement (First International Bancorp Inc), Receivables Purchase Agreement (Resource America Inc), Receivables Purchase Agreement (Fidelity Leasing Inc)

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Agreements Enforceable. This Agreement and each of the Purchase Agreement Sale Papers to which the Seller is a party constitute the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).

Appears in 5 contracts

Samples: Purchase and Sale Agreement (American Capital Strategies LTD), Purchase and Sale Agreement (American Capital Strategies LTD), Purchase and Sale Agreement (American Capital Strategies LTD)

Agreements Enforceable. This Agreement and the Purchase Agreement constitute each Sale Document constitutes the legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (GSC Investment Corp.), Purchase and Sale Agreement (GSC Investment Corp.)

Agreements Enforceable. This Agreement and the Purchase Agreement constitute the each other Sale Document constitutes a legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective its terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally, (ii) general principles of equity (equity, regardless of whether considered in a suit proceeding in equity or at law or in equity)(iii) implied covenants of good faith and fair dealing.

Appears in 2 contracts

Samples: Purchase and Contribution Agreement (Monroe Capital Income Plus Corp), Purchase and Contribution Agreement (Monroe Capital Income Plus Corp)

Agreements Enforceable. This Agreement and the Purchase Agreement ---------------------- constitute the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Bankvest Capital Corp), Loan Purchase and Servicing Agreement (First International Bancorp Inc)

Agreements Enforceable. This Agreement and the Purchase Agreement constitute the each other Sale Document constitutes a legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective its terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally or general principles of equity (equity, regardless of whether considered in a suit proceeding in equity or at law or in equity)law.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (PennantPark Floating Rate Capital Ltd.)

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Agreements Enforceable. This Agreement and the Purchase Agreement constitute the each other Sale Document constitutes a legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective its terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally or general principles of equity (equity, regardless of whether considered in a suit proceeding in equity or at law or in equity)law.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (PennantPark Floating Rate Capital Ltd.)

Agreements Enforceable. This Agreement and the Purchase Agreement constitute the each other Sale Document constitutes a legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective its terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally or general principles of equity (equity, regardless of whether considered in a suit Proceeding in equity or at law or in equity)law.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Garrison Capital LLC)

Agreements Enforceable. This Agreement and the Purchase Agreement constitute the each other Sale Document constitutes a legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective its terms, except as such enforceability may be limited by Insolvency applicable bankruptcy, insolvency, reorganization, moratorium or other similar Laws and except as such enforceability may be limited by affecting creditors’ rights generally or general principles of equity (equity, regardless of whether considered in a suit proceeding in equity or at law or in equity)law.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Main Street Capital CORP)

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