Contracts Enforceable Sample Clauses

Contracts Enforceable. Each agreement or arrangement to which the Company is a party has been duly authorised, executed and delivered by the Company and constitutes a valid and binding obligation of the Company, enforceable against it in accordance with its terms. No agreement or arrangement to which the Company is a party is invalid or ultra xxxxx and there are no grounds for rescission, breach, avoidance or repudiation of any agreement or arrangement to which the Company is a party. The Company is not in default of the performance, observance or fulfilment of any of its obligations, covenants or conditions contained in any of agreement or arrangement to which it is a party. Labour Matters: The Company has been and is in material compliance with all laws relating to employment and employment practices, labor relations, immigration, and the Company has been in compliance with the terms and conditions of employment contracts. Apart from the employee benefits disclosed in the Disclosure Schedule, and as set out in the sample employment letter and human resources manuals provided to the Purchaser, there are no other benefits that are being provided to the employees including deferred compensation agreement, incentive plan, profit sharing plan, retirement agreement or other employee compensation agreement. The Company has no collective bargaining agreements, arrangements and other similar understanding with any trade union, staff association or other body representing the employees of the Company and no labour union has requested or sought to represent any employees, representatives or agents of the Company. There has been and is no strike or other labour dispute involving the Company nor is such strike or similar action pending, nor to the Promoters' knowledge, threatened.
Sample 1
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Contracts Enforceable. Each agreement or arrangement to which the Seller is a party has been duly authorised, executed and delivered by the Seller and constitutes a valid and binding obligation of the Seller, enforceable against it in accordance with its terms. No agreement or arrangement to which the Seller is a party is invalid or ultra xxxxx and there are no grounds for rescission, breach, avoidance or repudiation of any agreement or arrangement to which the Seller is a party. The Seller is not in default of the performance, observance or fulfilment of any of its obligations, covenants or conditions contained in any of agreement or arrangement to which it is a party.
Sample 1
Contracts Enforceable. To the Best of Knowledge the Global Group, all of the Contracts are in full force and effect and are enforceable against each party thereto in accordance with their terms. Companies have not released any material right or benefit under any of the Contracts. Except as set forth on the attached Schedule 3.1.3, no Consent of any third party is required under any Contract as a result of or in connection with, and the enforceability of any Contract will not be affected in any manner by, the execution, delivery or performance of this Agreement or the consummation of the transactions contemplated herein.
Sample 1

Related to Contracts Enforceable

  • Valid, Binding and Enforceable This Amendment and any assignment or other instrument, document or agreement executed and delivered in connection herewith, will be valid, binding and enforceable in accordance with their respective terms.

  • Security Enforceable Any Security Interest (other than a Permitted Maritime Lien) in respect of Charged Property becomes enforceable.

  • Valid and Enforceable Agreement; No Violations This Agreement has been duly executed and delivered by the Undersigned and the Holder and constitutes a legal, valid and binding obligation of the Undersigned and the Holder, enforceable against the Undersigned and the Holder in accordance with its terms, except that such enforcement may be subject to (a) bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors’ rights generally, and (b) general principles of equity, whether such enforceability is considered in a proceeding at law or in equity (the “Enforceability Exceptions”). This Agreement and consummation of the Exchange will not violate, conflict with or result in a breach of or default under (i) the Undersigned’s or the Holder’s organizational documents, (ii) any agreement or instrument to which the Undersigned or the Holder is a party or by which the Undersigned or the Holder or any of their respective assets are bound, or (iii) any laws, regulations or governmental or judicial decrees, injunctions or orders applicable to the Undersigned or the Holder.

  • Valid and Enforceable All Company IP is valid, subsisting and enforceable. Without limiting the generality of the foregoing:

  • Binding and Enforceable The Loan Documents, when executed, shall constitute valid and binding obligations of the Borrower and Guarantors respectively, the execution of such Loan Documents has been duly authorized by the parties thereto, and are enforceable in accordance with their terms, except as may be limited by bankruptcy, insolvency, moratorium, or similar laws affecting creditors’ rights generally.

  • Valid and Enforceable Agreement; Authorization This Agreement has been duly executed and delivered by the Holder and constitutes a legal, valid and binding obligation of the Holder, enforceable against the Holder in accordance with its terms, except that such enforcement may be subject to (a) bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors’ rights generally, and (b) general principles of equity.

  • Customary and Enforceable Provisions 8. For each of the Receivables, determined that the Retail Contract was documented on a blank form approved by in-house legal counsel or that legal advice had been rendered that the Retail Contract contains customary and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for realization against the collateral.

  • Legally Enforceable Agreements Each Loan Document is a legal, valid and binding obligation of Borrower, enforceable against Borrower in accordance with its terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency and other similar laws affecting creditors' rights generally.

  • Authorization, Execution and Enforceability It has full limited liability company power and authority to execute and deliver this Agreement and each other Investment Document to which it is a party, to make its respective Equity Capital Contributions and to consummate the transactions contemplated hereunder and thereunder. The execution and delivery by it of this Agreement and each other Investment Document to which it is a party and the consummation by it of the transactions contemplated hereunder and thereunder, have been duly authorized by all necessary limited liability company action. This Agreement and each other Investment Document to which it is a party has been duly executed and delivered by it. This Agreement and each other Investment Document to which it is a party constitute its valid and binding obligation, enforceable against it in accordance with its respective terms except as such terms may be limited by (i) bankruptcy, insolvency or similar laws affecting creditors’ rights generally or (ii) general principles of equity, whether considered in a proceeding in equity or at law.

  • Existing Contracts Billing terms and provisions contained in existing contracting entity agreements (existing as of the date this policy is approved by the Board of Supervisors) shall remain in effect for the life of the contract. However, when these existing contracts are renegotiated, they shall contain the billing provisions as set forth in this policy.

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