Common use of Enforceability Clause in Contracts

Enforceability. The Assignee hereto represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 190 contracts

Samples: Servicing Agreement (GSR Mortgage Loan Trust 2006-8f), Servicing Agreement (GSR Mortgage Loan Trust 2006-9f), Servicing Agreement (GSR Mortgage Loan Trust 2007-3f)

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Enforceability. The Assignee hereto represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 97 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-Ar1), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-Ar1), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-5)

Enforceability. The Assignee hereto represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 32 contracts

Samples: Assumption and Recognition Agreement (Bayview Financial Mortgage Pass-Through Certificates, Series 2005-B), Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-Ar1), Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-2f)

Enforceability. The Assignee hereto represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 19 contracts

Samples: Custodial Agreement (GSAA Home Equity Trust 2006-1), Mortgage Loan Sale and Servicing Agreement (GSAA Home Equity Trust 2006-6), Trust Agreement (GSAA Home Equity Trust 2005-3)

Enforceability. The Assignee hereto represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 9 contracts

Samples: Assignment, Assumption and Recognition Agreement (Bayview Financial Mortage Pass-Through Trust 2005-D), Assignment, Assumption and Recognition Agreement (Bayview 2006-B), Assumption and Recognition Agreement (Bayview Financial Mortgage Pass-Through Certificates, Series 2005-B)

Enforceability. The Assignee hereto represents and warrants that this Assignment Assign­ment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-1f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-2f), Assignment, Assumption and Recognition Agreement (GSR 2006-5f)

Enforceability. The Assignee hereto hereby represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its the legal, valid and binding obligationobligation of the Assignee, enforceable against the Assignee in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered sought in a proceeding in equity or at law).

Appears in 4 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-8), Assignment and Assumption Agreement (Encore Credit Corp Mortgage Pass Through Certs Ser 2003-1), Assignment and Assumption Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-Bc4)

Enforceability. The Assignee hereto represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).parties

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-9), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-6), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-12)

Enforceability. The Assignee hereto represents and warrants that this Assignment Assign-ment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 3 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-Oa1), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-10f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-Ar2)

Enforceability. The Assignee hereto represents and warrants that this This Assignment Agreement has been duly authorized, executed and delivered by it the Assignee and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, obligation of the Assignee enforceable against the Assignee in accordance with its terms, respective terms except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' creditor’s rights generally and by general equitable principles (of equity, regardless of whether such enforcement enforceability is considered in a proceeding in equity or at in law).

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-Ar2), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-Ar1)

Enforceability. The Assignee hereto hereby represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable against the Assignee in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-10f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-9f)

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Enforceability. The Assignee hereto hereby represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable against the Assignee in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-9f), Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2006-10f)

Enforceability. The Assignee hereto represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1), Assignment, Assumption and Recognition Agreement (Goldman Sachs Asset Backed Securities Corp)

Enforceability. The Assignee hereto represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (and, assuming due authorization, execution and delivery thereof by each of the other parties hereto) , constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms, except as such enforcement may be limited by subject to bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by to general equitable principles (of equity, regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 2 contracts

Samples: Assignment and Recognition Agreement (SG Mortgage Securities Trust 2006-Fre1), Assignment and Recognition Agreement (SG Mortgage Securities Trust 2006-Opt2)

Enforceability. The Assignee hereto hereby represents and warrants that this Assignment Agreement has been duly authorized, executed and delivered by it and (and, assuming due authorization, execution and delivery thereof by each of the other parties hereto) , constitutes its the legal, valid and binding obligationobligation of the Assignee, enforceable against the Assignee in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (regardless of whether such enforcement is considered sought in a proceeding in equity or at law).

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Lehman XS Trust, Series 2005-4)

Enforceability. The Assignee hereto represents and warrants that this This Assignment Agreement has been duly authorized, executed and delivered by it the Assignee and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its a legal, valid and binding obligationobligation of the Assignee, enforceable against it in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (of equity, regardless of whether such enforcement is considered sought in a proceeding in equity or at law).

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-Oa1)

Enforceability. The Assignee hereto represents and warrants that this This Assignment Agreement has been duly authorized, executed and delivered by it the Assignee and (assuming due authorization, execution and delivery thereof by each of the other parties hereto) constitutes its legal, valid and binding obligation, obligation of the Assignee enforceable against the Assignee in accordance with its terms, respective terms except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' creditor’s rights generally and by general equitable principles (of equity, regardless of whether such enforcement enforceability is considered in a proceeding in equity or at in law).

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-4f)

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