Effectiveness and Enforceability Clause Samples

Effectiveness and Enforceability. BKAP is validly formed, in existence and duly registered under the laws of its jurisdiction of formation and has the legal right and full power and authority to enter into and perform this Agreement. This Agreement has been duly entered into by BKAP and constitutes valid and binding obligation of BKAP, enforceable against it as set forth herein. This Agreement does not conflict with, or result in any violation or breach of, (i) any provision of the charter, by-laws, or other organisational document of BKAP or (ii) any contract or agreement to which BKAP is a party.

Effectiveness and Enforceability. The Investor is validly formed, in existence and duly registered under the laws of its jurisdiction of formation and has the legal right and full power and authority to enter into and perform this Agreement. This Agreement has been duly entered into by the Investor and constitutes valid and binding obligation of the Investor, enforceable against it as set forth herein. This Agreement does not conflict with, or result in any violation or breach of, (i) any provision of the charter, by-laws, or other organisational document of the Investor or (i) any contract or agreement to which the Investor is a party.

Effectiveness and Enforceability. Each of Pangaea Two, LP and Pangaea Two Parallel, LP is validly formed, in existence and duly registered under the laws of its jurisdiction of formation and each has the legal right and full power and authority to enter into and perform this Agreement. This Agreement has been duly entered into by Cartesian and constitutes valid and binding obligation of Cartesian, enforceable against it as set forth herein. This Agreement does not conflict with, or result in any violation or breach of, (i) any provision of the charter, by-laws, or other organisational document of Cartesian or (ii) any contract or agreement to which Cartesian is a party.

Effectiveness and Enforceability. According to the terms and conditions set out in this Contract, this Contract shall be legally valid and binding on and enforceable once it has become effective;

Effectiveness and Enforceability. This Agreement shall be binding, effective and enforceable as of the date hereof among the Parties other than Cnova and will be binding, effective and enforceable with respect to Cnova on the date of its execution by Cnova. On the date of execution of this Agreement by Cnova, Cnova shall become a Party (and, for the avoidance of doubt, Cnova shall not be deemed a Party until the date of execution by Cnova). In addition, the effectiveness and enforceability of this Agreement shall not be subject to the signature by any Joining Party of a joinder agreement to this Agreement.

Effectiveness and Enforceability. KRD Kurdoğlu is validly formed, in existence and duly registered under the laws of its jurisdiction of formation and has the legal right and full power and authority to enter into and perform this Agreement. This Agreement has been duly entered into by KRD Kurdoğlu and constitutes a valid and binding obligation of KRD Kurdoğlu, enforceable against it as set forth herein. This Agreement does not conflict with, or result in any violation or breach of, (i) any provision of the charter, by-laws, or other organisational document of KRD Kurdoğlu or (ii) any contract or agreement to which KRD Kurdoğlu is a party.

Effectiveness and Enforceability. This AGREEMENT represents a negotiated agreement between the parties, and the charges and terms and conditions contained herein are acceptable to each. It is understood by the parties that this AGREEMENT must be filed at and accepted for filing by the FERC. Notwithstanding the requirement for FERC review and acceptance for filing, this AGREEMENT shall become effective and enforceable, as between the parties, upon execution and pending

Effectiveness and Enforceability. This Agreement shall become effective, upon the execution of a counterpart hereof by each of the Parties, as of the date hereof and delivery of this Agreement by any Party shall be binding upon each of its permitted successors and assigns. In the event of any conflict between this Agreement and any other Restructuring document, the terms of this Agreement shall govern (unless such terms of such other Restructuring documents are necessary to comply with applicable Requirements of Law, in which case such terms shall govern to the extent necessary to comply therewith). Each of the Parties hereto represents severally and not jointly that this Agreement is a legal, valid and binding obligation of such Party, enforceable against it in accordance with its terms, except as enforcement may be limited by applicable laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability.