Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.
Appears in 51 contracts
Sources: Amended and Restated Trust Agreement (Nissan Auto Receivables 2026-B Owner Trust), Trust Agreement (Nissan Auto Receivables 2026-a Owner Trust), Trust Agreement (Nissan Auto Receivables 2026-a Owner Trust)
Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.
Appears in 41 contracts
Sources: Trust Agreement (Nissan Auto Receivables 2015-C Owner Trust), Trust Agreement (Nissan Auto Receivables 2015-C Owner Trust), Trust Agreement (Nissan Auto Receivables Corp Ii)
Binding Obligations. This Agreement is Agreement, when duly executed and delivered by the other parties hereto, constitutes a legal, valid valid, and binding obligation of the Depositor enforceable against the Depositor in accordance with its terms, subject to except as the effect of enforceability hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ ' rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 27 contracts
Sources: Sale and Servicing Agreement (USAA Auto Owner Trust 2006-1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Funding Inc), Sale and Servicing Agreement (Usaa Auto Owner Trust 2003-1)
Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ ' rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.
Appears in 21 contracts
Sources: Trust Agreement (Nissan Auto Receivables Corp /De), Trust Agreement (Nissan Auto Receivables 2005-a Owner Trust), Trust Agreement (Nissan Auto Receivables Corp Ii)
Binding Obligations. This Agreement is constitutes a legal, valid and binding obligation of the Depositor Buyer, enforceable in accordance with its terms, subject to the effect of except as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws of general application referring to or affecting enforcement of creditors’ rights generally and by general equitable principles, regardless principles of whether such enforceability shall be considered in a proceeding in equity or lawequity.
Appears in 7 contracts
Sources: Stock Purchase Agreement (Telecom Communications Inc), Stock Purchase Agreement (Wukuang IE LTD), Stock Purchase Agreement (Wukuang IE LTD)
Binding Obligations. This Agreement is Agreement, when duly executed and delivered by the other parties hereto, constitutes a legal, valid valid, and binding obligation of the Depositor enforceable against the Depositor in accordance with its terms, subject to except as the effect of enforceability hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 5 contracts
Sources: Sale and Servicing Agreement (USAA Auto Owner Trust 2008-1), Sale and Servicing Agreement (Merrill Auto Trust Securitization 2008-1), Sale and Servicing Agreement (Usaa Acceptance LLC)
Binding Obligations. This Agreement is constitutes a legal, valid valid, and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ ' rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.
Appears in 3 contracts
Sources: Pooling and Servicing Agreement (Usaa Acceptance LLC), Pooling and Servicing Agreement (Usaa Acceptance LLC), Pooling and Servicing Agreement (Usaa Acceptance LLC)
Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, 7 (Nissan 2006-A insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.
Appears in 1 contract
Sources: Trust Agreement (Nissan Auto Receivables 2006-a Owner Trust)
Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, 7 (Nissan 2005-B insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.
Appears in 1 contract
Sources: Trust Agreement (Nissan Auto Receivables 2005-B Owner Trust)