Binding obligations Subject to the Legal Reservations. (a) the obligations expressed to be assumed by each of the Security Parties in each of the Relevant Documents to which it is a party are legal, valid, binding and enforceable obligations; and
Appears in 7 contracts
Samples: Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC)
Binding obligations Subject to the Legal Reservations. (ae) the obligations expressed to be assumed by each of the Security Parties in each of the Relevant Documents to which it is a party are legal, valid, binding and enforceable obligations; and
Appears in 1 contract
Binding obligations Subject to the Legal Reservations. (a) the obligations expressed to be assumed by each of the Security Parties in each of the Relevant Documents to which it is a party are legal, valid, binding and enforceable obligations; andand (b) (without limiting the generality of Clause 19.1.2(a)) each Security Document to which it is a party creates the security interests which that Security Document purports to create and those security interests are valid and effective. 19.1.3
Appears in 1 contract
Binding obligations Subject to the Legal Reservations. (ac) the obligations expressed to be assumed by each of the Security Parties in each of the Relevant Documents to which it is a party are legal, valid, binding and enforceable obligations; and
Appears in 1 contract
Samples: Scorpio Tankers Inc.
Binding obligations Subject to the Legal Reservations. (a) the obligations expressed to be assumed by each of the Security Parties Obligors in each of the Relevant Documents to which it is a party are legal, valid, binding and enforceable obligations; and
Appears in 1 contract
Samples: Performance Shipping Inc.
