Common use of Binding Obligation Clause in Contracts

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to general equitable principles.

Appears in 272 contracts

Samples: Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2), Purchase Agreement (AmeriCredit Automobile Receivables Trust 2013-1)

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Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against Purchaser it in accordance with its terms, subject, except as enforceability may be subject to enforceability, to applicable or limited by bankruptcy, insolvency, reorganization, conservatorship, receivershipmoratorium, liquidation and or other similar laws affecting the enforcement of creditors’ rights in general and to by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be considered in a proceeding in equity or at law.

Appears in 59 contracts

Samples: Receivables Purchase Agreement (Honda Auto Receivables 2015-3 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2014-2 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2009-2 Owner Trust)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, the Purchaser enforceable against the Purchaser in accordance with its terms, subjectexcept as enforceability may be limited by bankruptcy, as to enforceabilityreceivership, to applicable bankruptcyconservatorship, insolvency, reorganization, conservatorship, receivership, liquidation and reorganization or other similar laws affecting the enforcement of creditors’ rights in general and to by general equitable principlesprinciples of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 23 contracts

Samples: Receivables Purchase Agreement (Carvana Receivables Depositor LLC), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2021-P4), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2021-N3)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and or other similar laws affecting the enforcement of creditors’ rights generally and to general equitable principlesprinciples of equity.

Appears in 19 contracts

Samples: Purchase and Contribution Agreement (Trinity Industries Inc), Purchase and Contribution Agreement (Trinity Industries Inc), Purchase and Contribution Agreement (Trinity Industries Inc)

Binding Obligation. This Agreement has been duly executed and delivered by Purchaser and this Agreement constitutes a legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws affecting the enforcement of the rights of creditors generally and to general equitable principleslimitations on the availability of specific remedies.

Appears in 18 contracts

Samples: Sale Agreement (UPFC Auto Receivables Trust 2006-B), Receivables Purchase Agreement (California Republic Funding LLC), Receivables Purchase Agreement (California Republic Funding LLC)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against Purchaser it in accordance with its terms, subject, except as enforceability may be subject to enforceability, to applicable or limited by bankruptcy, insolvency, reorganization, conservatorship, receivershipmoratorium, liquidation and or other similar laws affecting the enforcement of creditors' rights in general and to by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be considered in a proceeding in equity or at law.

Appears in 15 contracts

Samples: Receivables Purchase Agreement (Honda Auto Receivables 2007-3 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2006-2 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2007-1 Owner Trust)

Binding Obligation. This Agreement Agreement, assuming due authorization, execution and delivery by the other parties hereto, constitutes a legalvalid, valid legal and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its termsthe terms hereof, subject, as subject to enforceability, to (A) applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation moratorium and other similar laws affecting the enforcement of creditors’ rights generally, and to (B) general equitable principlesprinciples of equity, regardless of whether such enforcement is considered in a proceeding in equity or at law.

Appears in 10 contracts

Samples: Master Spread Acquisition and MSR Servicing Agreement (PennyMac Mortgage Investment Trust), MSR Servicing Agreement (Pennymac Financial Services, Inc.), Master Spread Acquisition and MSR Servicing Agreement (PennyMac Mortgage Investment Trust)

Binding Obligation. This Agreement constitutes shall constitute a legal, valid and binding obligation of Purchaser, the Purchaser enforceable against Purchaser in accordance with its terms, subject, except as to enforceability, to applicable enforceability may be limited by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation moratorium and other similar laws and to affecting creditors' rights generally or by general equitable principlesprinciples of equity.

Appears in 10 contracts

Samples: Receivables Purchase Agreement (Toyota Motor Credit Corp), Receivables Purchase Agreement (Toyota Motor Credit Corp), Receivables Purchase Agreement (Toyota Motor Credit Corp)

Binding Obligation. This Agreement constitutes a is the legal, valid valid, and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, except as to enforceability, to applicable enforceability may be limited by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and or other similar laws and to of general equitable principlesapplication or by general principles of equity.

Appears in 10 contracts

Samples: Asset Purchase Agreement (Digital Turbine, Inc.), Asset Purchase Agreement (Digital Turbine, Inc.), Business and Asset Purchase Agreement (B2Digital, Inc.)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, except as to enforceability, to such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and moratorium or other similar laws now or hereafter in effect affecting the enforcement of creditors' rights in general and to by general equitable principlesprinciples or equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (SWIFT Master Auto Receivables Trust), Pooling and Servicing Agreement (Wholesale Auto Receivables Corp), Pooling and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp)

Binding Obligation. This Agreement has been duly executed and delivered by Purchaser and this Agreement constitutes a legal, valid and binding obligation of Purchaser, enforceable against Purchaser Seller in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws affecting the enforcement of the rights of creditors generally and to general equitable principleslimitations on the availability of specific remedies.

Appears in 9 contracts

Samples: Purchase Agreement (UPFC Auto Receivables Trust 2005-B), Purchase Agreement (United Pan Am Financial Corp), Purchase Agreement (Wells Fargo Financial Auto Owner Trust 2005-A)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, except as to enforceability, to such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and moratorium or other similar laws now or hereafter in effect affecting the enforcement of creditors’ rights in general and to by general equitable principlesprinciples or equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (Wholesale Auto Receivables Corp), Pooling and Servicing Agreement (Superior Wholesale Inventory Financing Trust X), Pooling and Servicing Agreement (Superior Wholesale Inventory Financing Trust Ix)

Binding Obligation. This Agreement constitutes a legal, valid and ------------------ binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to general equitable principles.

Appears in 7 contracts

Samples: Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation Bankruptcy Laws and other similar laws and to general equitable principlesprinciples of equity.

Appears in 7 contracts

Samples: Second Tier Purchase and Sale Agreement (Ares Capital Corp), Second Tier Purchase and Sale Agreement (Ares Capital Corp), Purchase and Sale Agreement (Ares Capital Corp)

Binding Obligation. This Agreement constitutes a legal, valid ------------------ and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to general equitable principles.

Appears in 7 contracts

Samples: Purchase Agreement (TFC Enterprises Inc), Purchase Agreement (TFC Enterprises Inc), Purchase Agreement (Americredit Financial Services Inc)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and or other similar laws affecting the enforcement of creditors' rights generally and to general equitable principlesprinciples of equity.

Appears in 5 contracts

Samples: Purchase and Contribution Agreement (Trinity Industries Inc), Purchase and Contribution Agreement (Trinity Industries Inc), Purchase and Contribution Agreement (Maxtor Corp)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, the Purchaser enforceable against the Purchaser in accordance with its terms, subject, except as to enforceability, to enforceability may be limited by applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and or other similar laws affecting the enforcement of creditors' rights in general and to by general equitable principlesprinciples of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Mfi Receivables Purchase Agreement (Dillard Asset Funding Co), DNB Receivables Purchase Agreement (Dillard Asset Funding Co), Dic Receivables Purchase Agreement (Dillard Asset Funding Co)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against Purchaser in accordance with its terms, subject, as to enforceability, subject to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation reorganization and other similar laws relating to creditors’ rights generally and subject to general equitable principlesprinciples of equity.

Appears in 4 contracts

Samples: Student Loan Transfer Agreement (KeyCorp Student Loan Trust 2005-A), Student Loan Transfer Agreement (Keycorp Student Loan Trust 2004-A), Student Loan Transfer Agreement (KeyCorp Student Loan Trust 2006-A)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its respective terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation Bankruptcy Laws and other similar laws and to general equitable principlesprinciples of equity (whether such enforceability is considered in a proceeding in equity or at law).

Appears in 4 contracts

Samples: Purchase and Sale Agreement (FS Investment Corp II), Purchase and Sale Agreement (FS Energy & Power Fund), Purchase and Sale Agreement (FS Investment Corp III)

Binding Obligation. This Agreement constitutes a legal, the valid and binding obligation of Purchaser, Purchaser and is enforceable against Purchaser in accordance with its terms, subject, except as to enforceability, to applicable such enforcement may be affected by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation moratorium and other similar laws and relating to creditor's rights generally or general equitable principlesprinciples of equity.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Health & Nutrition Systems International Inc), Asset Purchase Agreement (Tisi Christopher), Asset Purchase Agreement (Tisi Christopher)

Binding Obligation. This Agreement constitutes shall constitute a legal, valid and binding obligation of the Purchaser, enforceable against Purchaser it in accordance with its terms, subject, except as enforceability may be subject to enforceability, to applicable or limited by bankruptcy, insolvency, reorganization, conservatorship, receivershipmoratorium, liquidation and or other similar laws affecting the enforcement of creditors’ rights in general and to by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Toyota Auto Finance Receivables LLC), Receivables Purchase Agreement (Toyota Auto Finance Receivables LLC), Receivables Purchase Agreement (Toyota Auto Finance Receivables LLC)

Binding Obligation. This Agreement constitutes a is the legal, valid valid, and binding obligation of PurchaserBuyer, enforceable against Purchaser Buyer in accordance with its terms, subject, except as to enforceability, to applicable enforceability may be limited by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and or other similar laws and to of general equitable principlesapplication or by general principles of equity.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Farmer Brothers Co), Stock Purchase Agreement (Barnwell Industries Inc), Partnership Interest Purchase Agreement

Binding Obligation. This Agreement has been duly executed and delivered by the Purchaser and this Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws affecting the enforcement of the rights of creditors generally and to general equitable principleslimitations on the availability of specific remedies.

Appears in 3 contracts

Samples: Purchase Agreement (M&i Dealer Auto Securitization LLC), Purchase Agreement (M&i Auto Loan Trust 2002-1), Purchase Agreement (M&i Dealer Auto Securitization LLC)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, except as to enforceability, to such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and moratorium or other similar laws affecting creditors’ rights generally and to general equitable principlesprinciples of equity (whether considered in a suit at law or in equity).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Ares Capital Corp), Purchase and Sale Agreement (Morgan Stanley Direct Lending Fund)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, except as to enforceability, to enforceability may be limited by applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and moratorium or other similar laws now or hereafter in effect, affecting the enforcement of creditors’ rights in general and subject to general equitable principlesprinciples of equity (whether applied in a proceeding at law or in equity).

Appears in 2 contracts

Samples: Purchase Agreement (Bank One Auto Securitization LLC), Purchase Agreement (Bank One Auto Securitization Trust 2003-1)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, the Purchaser enforceable against the Purchaser in accordance with its terms, subjectexcept as enforceability may be limited by bankruptcy, as to enforceabilityreceivership, to applicable bankruptcyconservatorship, insolvency, reorganization, conservatorship, receivership, liquidation and reorganization or other similar laws affecting the enforcement of creditors’ rights in general and to by general equitable principles.principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law. CRVNA 2022-P3 Receivables Purchase Agreement

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Carvana Auto Receivables Trust 2022-P3), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2022-P3)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to general equitable principles.

Appears in 2 contracts

Samples: Purchase Agreement (Medical Imaging Corp.), Purchase and Sale Agreement (Acc Consumer Finance Corp)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, the Purchaser enforceable against Purchaser in accordance with its terms, subject, except as to enforceability, to enforceability may be limited by applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other moratorium or similar laws affecting the enforcement of creditors’ rights generally and to by general equitable principlesprinciples (whether enforcement is sought by proceedings in equity or at law).

Appears in 2 contracts

Samples: Sale and Contribution Agreement (First Look Studios Inc), Cinema Deployment Agreement (Cinedigm Digital Cinema Corp.)

Binding Obligation. This Agreement constitutes a legal, ------------------ valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to general equitable principles.

Appears in 2 contracts

Samples: Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, the Purchaser enforceable against Purchaser in accordance with its terms, subject, ; except only as to enforceability, to applicable such enforcement may be limited by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other insolvency or similar laws and to general equitable principlesaffecting the enforcement of creditors' rights generally.

Appears in 2 contracts

Samples: Purchase Agreement (Bay View Deposit CORP), Purchase Agreement (Bay View Transaction Corp)

Binding Obligation. This Agreement constitutes a the legal, valid and binding obligation of Purchaser, Buyer enforceable against Purchaser Buyer in accordance with its terms, subject, except as to enforceability, to applicable limited by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and insolvency or other similar laws and or general application relating to general equitable principlesthe enforcement of creditors' rights.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Swift Energy Pension Partners 1995 B LTD)

Binding Obligation. This Agreement constitutes is a legal, valid and binding obligation of Purchaserthe Buyer, enforceable against Purchaser the Buyer in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation terms and other similar laws conditions. This Agreement in all terms and to general equitable principlesconditions binds both the Buyer and its successors.

Appears in 1 contract

Samples: Quota Purchase Agreement and Other Covenants (Afya LTD)

Binding Obligation. This Agreement constitutes is a legal, valid valid, and binding obligation of Purchaserthe Buyer, enforceable against Purchaser the Buyer in accordance with its terms, subject, except as enforceability may be subject to enforceability, the exercise of judicial discretion in accordance with general equitable principles and to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation moratorium and other similar laws and for the relief of debtors heretofore or hereafter enacted to general equitable principlesthe extent that the same may be constitutionally applied.

Appears in 1 contract

Samples: Land Disposition Agreement

Binding Obligation. This Agreement constitutes a legal, is the valid and binding obligation of PurchaserBuyer, enforceable against Purchaser Buyer in accordance with its termsterms (except to the extent that enforceability may be limited by bankruptcy or insolvency laws or other laws generally relating to creditors' rights, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to or by general equitable principles).

Appears in 1 contract

Samples: Asset Purchase Agreement (Digital Data Networks Inc)

Binding Obligation. This Agreement has been duly executed and delivered by Purchaser and this Agreement constitutes a legal, valid and binding obligation of Purchaser, enforceable against the Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws affecting the enforcement of the rights of creditors generally and to general equitable principleslimitations on the availability of specific remedies.

Appears in 1 contract

Samples: Transfer Agreement (Wells Fargo Financial Auto Owner Trust 2005-A)

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Binding Obligation. This The Agreement constitutes issued to such Purchaser is a legalvalid, valid binding and binding enforceable obligation of such Purchaser, enforceable against Purchaser in accordance with its terms, subject, as to enforceability, subject to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other reorganization or similar laws relating to or affecting the enforcement of creditor’s rights and to general equitable principlesthe availability of the remedy of specific performance.

Appears in 1 contract

Samples: Note Purchase Agreement (Biolex, Inc.)

Binding Obligation. This Agreement constitutes a the legal, valid and binding obligation of the Purchaser, enforceable against Purchaser it in accordance with its respective terms, subject, except as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation the enforceability hereof may be limited by Bankruptcy Laws and other similar laws and to by general equitable principlesprinciples of equity (whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ares Capital Corp)

Binding Obligation. This Agreement constitutes a the legal, valid valid, and binding obligation of Purchaser, Buyer enforceable against Purchaser in accordance with its this Agreement’s terms, subject, as to enforceability, subject to applicable bankruptcy, reorganization, insolvency, reorganization, conservatorship, receivership, liquidation and other or similar laws affecting creditors’ rights generally, and subject to general the application of equitable principlesprinciples in any proceeding involving the enforcement of any of the provisions of this Agreement and the discretion of the court before which any such proceedings may be brought.

Appears in 1 contract

Samples: Asset Purchase Agreement (Coconut Palm Acquisition Corp.)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to general equitable principles.; (f)

Appears in 1 contract

Samples: Purchase Agreement and Assignment (Prudential Securities Secured Financing Corp)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to general equitable principles.;

Appears in 1 contract

Samples: Purchase Agreement and Assignment (Prudential Securities Secured Financing Corp)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, Purchaser enforceable against Purchaser in accordance with its terms, subject, except as to enforceability, to applicable such enforceability may be limited by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other moratorium or similar laws of general application affecting the rights and to general equitable principlesremedies of creditors.

Appears in 1 contract

Samples: Purchase and Sale Agreement (AAC Holdings, Inc.)

Binding Obligation. This Agreement has been duly executed and delivered by Purchaser and this Agreement constitutes a legal, valid and binding obligation of Purchaser, enforceable against Purchaser the Originators in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws affecting the enforcement of the rights of creditors generally and to general equitable principleslimitations on the availability of specific remedies.

Appears in 1 contract

Samples: Transfer Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A)

Binding Obligation. This Agreement constitutes a legal, valid and ------------------ binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and or other similar laws affecting the enforcement of creditors' rights generally and to general by equitable principleslimitations on the availability of specific remedies, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Purchase Agreement (TFC Enterprises Inc)

Binding Obligation. This Agreement constitutes a the legal, valid and binding obligation of Purchaser, the Purchaser enforceable against the Purchaser in accordance with its terms, subject, except as to enforceability, to applicable enforceability may be limited by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation moratorium and other similar laws and to affecting creditors’ rights generally or by general equitable principlesprinciples of equity.

Appears in 1 contract

Samples: Life Settlement Policies Origination Agreement (Christian Stanley Inc)

Binding Obligation. This Agreement constitutes a the legal, valid and binding obligation obligations of Purchaser, the Buyer and/or Xxxxxxx enforceable against Purchaser them in accordance with its terms, subject, as to enforceability, subject to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation moratorium and other similar laws affecting creditors' rights generally and to general equitable principles.

Appears in 1 contract

Samples: Agreement (Xfone Inc.)

Binding Obligation. This Agreement constitutes a legal, the valid and ------------------ binding obligation of Purchaser, the Buyer enforceable against Purchaser it in accordance with its terms, subject, except as to enforceability, to applicable they may be affected by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other moratorium or similar laws and related to or limiting creditors' rights generally or by general equitable principles.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hines Holdings Inc)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, ,conservatorship, receivership, liquidation and other similar laws and to general equitable principles.

Appears in 1 contract

Samples: Purchase Agreement (Americredit Automobile Receivables Trust 2004-B-M)

Binding Obligation. This Agreement constitutes a legal, is the valid and binding obligation of PurchaserBuyers, enforceable against Purchaser Buyers in accordance with its termsterms (except to the extent that enforceability may be limited by bankruptcy or insolvency laws or other laws generally relating to creditors' rights, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to or by general equitable principles).

Appears in 1 contract

Samples: Note Purchase Agreement (Nextgen Communications Corp)

Binding Obligation. This Assuming the due execution and delivery of this Agreement by the Seller, this Agreement constitutes a legal, the valid and binding obligation of Purchasereach of the Purchasers, enforceable against each Purchaser in accordance with its terms, subject, as to enforceabilityenforcement, (i) to applicable bankruptcy, insolvency, reorganization, conservatorshiparrangement, receivership, liquidation moratorium and other similar laws of general applicability relating to or affecting creditors' rights and (ii) to general equitable principlesprinciples of equity, whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Emarketplace Inc)

Binding Obligation. This Agreement constitutes a legal, valid ------------------ and binding obligation of Purchaser, the Purchaser enforceable against the Purchaser in accordance with its terms, subject, except as to enforceability, to enforceability may be limited by applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and or other similar laws affecting the enforcement of creditors' rights in general and to by general equitable principlesprinciples of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: DNB Receivables Purchase Agreement (Dillard Asset Funding Co)

Binding Obligation. This Agreement constitutes a the legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to general equitable principles.

Appears in 1 contract

Samples: Purchase Agreement (Carmax Auto Receivables LLC)

Binding Obligation. This Agreement constitutes is a legal, valid valid, and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject, except as to enforceability, to applicable enforceability may be limited by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and or other similar laws and to of general equitable principlesapplication or by general principles of equity.

Appears in 1 contract

Samples: Note Purchase Agreement (Grown Rogue International Inc.)

Binding Obligation. This Agreement constitutes a the legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its termsterms against the Purchaser, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and other similar laws and to general equitable principles.

Appears in 1 contract

Samples: Purchase Agreement (Asta Funding Inc)

Binding Obligation. This Agreement constitutes a the legal, valid valid, and binding obligation of Purchaser, and upon execution and delivery by Purchaser, this Agreement and any related agreements to which Purchaser is a party will constitute the legal, valid, and binding obligations of Purchaser, enforceable against Purchaser in accordance with its their respective terms. Purchaser has the absolute and unrestricted right, subjectpower, as authority, and capacity to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation execute and other similar laws deliver this Agreement and any related agreements and to general equitable principlesperform their obligations under this Agreement and any related agreements.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bricktown Brewery Restaurants LLC)

Binding Obligation. This Agreement constitutes a the legal, valid and binding obligation of Purchaser, enforceable against Purchaser it in accordance with its terms, subject, terms except as to enforceability, to such enforceability may be limited by applicable bankruptcy, reorganization, insolvency, reorganizationmoratorium or other laws affecting creditors’ rights generally, conservatorship, receivership, liquidation and other similar laws and to except as such enforceability may be limited by general equitable principlesprinciples of equity (whether considered in a suit at law or in equity).

Appears in 1 contract

Samples: Sourcing and Servicing Agreement (Stepstone Private Credit Fund LLC)

Binding Obligation. This Agreement constitutes a the legal, valid and binding obligation of Purchaser, Buyers and Seller enforceable against Purchaser each in accordance with its terms, subject, except as to enforceability, to applicable limited by bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation and insolvency or other similar laws and of general application relating to general equitable principlesthe enforcement of creditor's rights.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Dejour Enterprises LTD)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Purchaser, enforceable against the Purchaser Guarantor in accordance with its termsterms (except as such enforceability may be limited by equitable principles or by bankruptcy, subject, as to enforceability, to applicable bankruptcymoratorium (whether arising from voluntary administration or otherwise), insolvency, reorganization, conservatorship, receivershipreorganisation, liquidation and or other similar laws and relating to general equitable principlesor affecting creditors’ rights).

Appears in 1 contract

Samples: Trilogy International Partners Inc.

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject, as to enforceability, to applicable bankruptcy, insolvency, reorganization, conservatorship, receivership, liquidation Debtor Relief Laws and other similar laws and to general equitable principlesprinciples of equity (regardless of whether the application of such principles is considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Contribution and Sale Agreement (American Railcar Industries, Inc.)

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