Common use of Enforceability of Material Contracts Clause in Contracts

Enforceability of Material Contracts. To LSU’s Knowledge, each Material Contract is a valid and binding obligation of the parties thereto, enforceable in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws affecting creditors’ rights generally and except for limitations upon the availability of equitable remedies, including specific performance.

Appears in 2 contracts

Sources: Cooperative Endeavor Agreement, Cooperative Endeavor Agreement