Common use of Binding Obligations Clause in Contracts

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 60 contracts

Samples: Omnibus Amendment (CONSOL Energy Inc.), Receivables Purchase Agreement (Centric Brands Inc.), Receivables Financing Agreement (Concentrix Corp)

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Binding Obligations. This Agreement and each of the other Transaction Basic Documents to which it is a party constitutes constitute legal, valid valid, and binding obligations of the Servicer, Servicer enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable subject to the effects of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 30 contracts

Samples: Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corporation)

Binding Obligations. This Agreement and each of the other Transaction Basic Documents to which it is a party constitutes constitute legal, valid valid, and binding obligations of the Servicer, Servicer enforceable against the Servicer in accordance with their respective termsterms subject, except (i) as such enforceability may be limited by to enforcement, to applicable bankruptcy, insolvency, reorganization, moratorium liquidation or other similar laws and equitable principles relating to or affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity' rights, regardless of whether such enforceability is considered in a proceeding at law or in equity or at lawequity.

Appears in 18 contracts

Samples: Sale and Servicing Agreement (Chase Manhattan Auto Owner Trust 1998-C), Sale and Servicing Agreement (Chase Manhattan Bank Usa), Sale and Servicing Agreement (Chase Manhattan Bank Usa)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it the Servicer is a party constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 12 contracts

Samples: Receivables Financing Agreement (Integra Lifesciences Holdings Corp), Receivables Financing Agreement (Sylvamo Corp), Receivables Financing Agreement (Integra Lifesciences Holdings Corp)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it the Servicer is a party constitutes a legal, valid and binding obligations obligation of the Servicer, Servicer enforceable against the Servicer in accordance with their respective its terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or and other similar laws affecting the enforcement of creditors' rights generally and (ii) as such enforceability may be limited or by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 8 contracts

Samples: Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (Creditrust Corp), Indenture and Servicing Agreement (MCM Capital Group Inc)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it the Servicer is a party constitutes constitute the legal, valid and binding obligations obligation of the Servicer, Servicer enforceable against the Servicer in accordance with their respective terms, except (i) as enforcement of such enforceability terms may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally Insolvency Laws and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding suit at law or in equity or at lawequity.

Appears in 7 contracts

Samples: Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party constitutes constitute legal, valid valid, and binding obligations of the Servicer, Servicer enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable subject to the effects of bankruptcy, insolvency, reorganization, moratorium reorganization or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.;

Appears in 6 contracts

Samples: Sale and Servicing Agreement (Drive Auto Receivables LLC), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2007-3), Sale and Servicing Agreement (Drive Auto Receivables LLC)

Binding Obligations. This Agreement constitutes, and each of the other Transaction Documents Document to which it the Servicer is a party constitutes when duly executed and delivered will constitute, a legal, valid and binding obligations obligation of the Servicer, enforceable against the Servicer in accordance with their respective its terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 6 contracts

Samples: Transfer and Servicing Agreement (Cendant Corp), Purchase Agreement (NRT Settlement Services of Missouri LLC), Servicing Agreement (NRT Settlement Services of Missouri LLC)

Binding Obligations. This Agreement and each of the other Transaction Basic Documents to which it is a party constitutes constitute legal, valid valid, and binding obligations of the Servicer, Servicer enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally in general and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Chase Auto Owner Trust 2005-B), Sale and Servicing Agreement (JPMorgan Chase Bank, National Association), Sale and Servicing Agreement (Chase Auto Owner Trust 2006-A)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party constitutes constitute legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Receivables Financing Agreement (Foresight Energy LP), Receivables Financing Agreement (NuStar Energy L.P.), Receivables Financing Agreement (Foresight Energy LP)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party constitutes legal, valid and binding obligations of the Master Servicer, enforceable against the Master Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Nabors Industries LTD), Receivables Purchase Agreement (Nabors Industries LTD), Receivables Purchase Agreement (Nabors Industries LTD)

Binding Obligations. This Agreement and each of the other Transaction Basic Documents to which it is a party constitutes constitute legal, valid valid, and binding obligations of the Servicer, Servicer enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable subject to the effects of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally and (ii) as such enforceability may be limited by to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Credit Acceptance Corporation), Sale and Servicing Agreement (Credit Acceptance Corporation), Sale and Servicing Agreement (Credit Acceptance Corporation)

Binding Obligations. This Agreement Agreement, when duly executed by the other parties hereto, constitutes a legal, valid, and each binding obligation of the other Transaction Documents to which it is a party constitutes legal, valid and binding obligations of the Servicer, Servicer enforceable against the Servicer in accordance with their respective its terms, except (i) as such the enforceability hereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium reorganization or other similar laws now or hereafter in effect relating to or affecting the enforcement of creditors' rights generally in general and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (GS Auto Loan Trust 2006-1), Sale and Servicing Agreement (Gs Auto Loan Trust 2004-1), Sale and Servicing Agreement (GS Auto Loan Trust 2007-1)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, receivership, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Receivables Financing Agreement (TGPX Holdings I LLC), Receivables Financing Agreement (Traeger, Inc.), Receivables Financing Agreement (TGPX Holdings I LLC)

Binding Obligations. This Each of this Agreement and each of the other Transaction Documents to which it is a party constitutes the legal, valid and binding obligations obligation of the Servicer, Servicer enforceable against the Servicer in accordance with their respective its terms, except subject (i) as such enforceability may be limited by to applicable bankruptcy, insolvency, reorganization, moratorium or and other similar laws affecting the enforcement of creditors’ rights generally from time to time in effect and (ii) as such enforceability may be limited by to general principles of equity, regardless of equity (whether such enforceability enforcement is considered in sought by a proceeding in equity or at law).

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Ingram Micro Inc), Receivables Purchase Agreement (Ingram Micro Inc)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party is a party has been duly executed by the Servicer constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Receivables Financing Agreement (OLIN Corp), Receivables Financing Agreement (OLIN Corp)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party constitutes legal, valid and binding obligations of the Master Servicer, enforceable against the Master Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (StarTek, Inc.), Receivables Purchase Agreement (Wolverine World Wide Inc /De/)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party constitutes constitute the legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Harsco Corp)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it the Servicer is a party constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.. 77

Appears in 1 contract

Samples: Receivables Financing Agreement (BrightView Holdings, Inc.)

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Binding Obligations. This Agreement and each of the other Transaction Documents to which it the Servicer is a party constitutes constitute the legal, valid and binding obligations obligation of the Servicer, Servicer enforceable against the Servicer in accordance with their respective terms, except (i) as enforcement of such enforceability terms may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally Insolvency Laws and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding suit at law or in equity or at law.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (American Capital Strategies LTD)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party have been duly executed and delivered and constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Warner Bros. Discovery, Inc.)

Binding Obligations. This Agreement constitutes, and each of the other Transaction Documents Document to which it the Servicer is a party constitutes when duly executed and delivered will constitute, a legal, valid and binding obligations obligation of the Servicer, enforceable against the Servicer in accordance with their respective its terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (PHH Corp)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.. (e)

Appears in 1 contract

Samples: Financing Agreement (Davey Tree Expert Co)

Binding Obligations. This Agreement and each of the other Transaction ------------------- Documents to which it the Servicer is a party constitutes a legal, valid and binding obligations obligation of the Servicer, Servicer enforceable against the Servicer in accordance with their respective its terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or and other similar laws affecting the enforcement of creditors' rights generally and (ii) as such enforceability may be limited or by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

Binding Obligations. This Agreement constitutes, and each of the ------------------- other Transaction Documents Document to which it the Servicer is a party constitutes when duly executed and delivered will constitute, a legal, valid and binding obligations obligation of the Servicer, enforceable against the Servicer in accordance with their respective its terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Levi Strauss & Co)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it the Servicer is a party constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.. (e)

Appears in 1 contract

Samples: Version Receivables Financing Agreement (Applied Industrial Technologies Inc)

Binding Obligations. This Agreement and each of constitutes the other Transaction Documents to which it is a party constitutes legal, valid ------------------- valid, and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective its terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws nov or hereinafter in effect affecting the enforcement of creditors' rights generally in general and (ii) except as such enforceability may be limited by general principles of equity, regardless of equity (whether such enforceability is considered in a proceeding at law or in equity or at lawequity).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Firestone Retail Credit Corp)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such 66 enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Receivables Financing Agreement (OLIN Corp)

Binding Obligations. This Agreement and each of the other Transaction Documents to which it is a party have been duly executed and delivered and constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.. (e)

Appears in 1 contract

Samples: Receivables Purchase Agreement (Warner Bros. Discovery, Inc.)

Binding Obligations. This Each of this Agreement and each of the other Transaction Documents to which it is a party constitutes the legal, valid and binding obligations obligation of the Servicer, Servicer enforceable against the Servicer in accordance with their respective its terms, except subject to (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or and other similar laws affecting the enforcement of creditors’ rights generally from time to time in effect and (ii) as such enforceability may be limited by general principles of equity, regardless of equity (whether such enforceability enforcement is considered in sought by a proceeding in equity or at law).

Appears in 1 contract

Samples: Receivables Loan Agreement (Elanco Animal Health Inc)

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