Enforceable Instrument Sample Clauses
An Enforceable Instrument clause establishes that the agreement or document in question is legally binding and can be upheld in a court of law. This clause typically clarifies that all parties intend for the contract to have legal effect, and that the terms are sufficiently definite to be enforced. By including this provision, the clause ensures that the agreement is not merely a statement of intent or a non-binding memorandum, but rather a document that creates enforceable rights and obligations, thereby providing certainty and legal recourse if one party fails to perform.
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Enforceable Instrument. This instrument signed in the presence of two (2) witnesses shall serve as an extrajudicial enforceable instrument in the manner set forth in the Brazilian Code of Civil Procedure, for all legal effects.
Enforceable Instrument. This Agreement shall have the force of an enforceable under the law, including for the collection of obligations to perform and penalties set forth in this Agreement.
