Common use of Binding Agreement; Consents and Approvals; No Conflict, Default or Violation Clause in Contracts

Binding Agreement; Consents and Approvals; No Conflict, Default or Violation. (a) Each of this Agreement and the other documents contemplated hereby to which the Seller is a party has been duly executed and delivered by the Seller and constitutes a legal, valid and binding obligation of the Seller, enforceable against the Seller, in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).

Binding Agreement; Consents and Approvals; No Conflict, Default or Violation. (a) Each of this Agreement and the other documents contemplated hereby to which the Seller Purchaser is a party has been duly executed and delivered by the Seller Purchaser and constitutes a legal, valid and binding obligation of the SellerPurchaser, enforceable against the Seller, Purchaser in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at law).