Common use of Execution and Binding Effect Clause in Contracts

Execution and Binding Effect. This Agreement has been duly and validly executed and delivered by the Buyer and constitutes a legal, valid and binding obligation of the Buyer enforceable against the Buyer in accordance with its terms, subject to obtaining approval as required herein.

Appears in 3 contracts

Samples: Agreement for Sale and Purchase of Real Estate, Agreement for Sale and Purchase of Real Estate, Agreement for Sale and Purchase of Real Estate

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Execution and Binding Effect. This Agreement has been duly and validly executed and delivered by the Buyer Purchaser and constitutes a the legal, valid and binding obligation agreement of the Buyer Purchaser, enforceable against the Buyer Purchaser in accordance with its terms, subject to obtaining approval as required herein.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Ift Corp), Asset Purchase Agreement (Zila Inc)

Execution and Binding Effect. This Agreement has been duly and validly executed and delivered by the Buyer and constitutes (assuming, in each case, the due and valid authorization, execution and delivery thereof by the other parties hereto) a legal, valid and legally binding obligation of the Buyer Buyer, enforceable against the Buyer it in accordance with its terms, subject to obtaining approval as required hereinapplicable bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting the rights and remedies of creditors generally and to general principles of equity (regardless of whether considered in a proceeding in equity or at law).

Appears in 2 contracts

Samples: Acquisition Agreement (MF Global Ltd.), Acquisition Agreement (Refco Inc.)

Execution and Binding Effect. The execution, delivery and performance of this Agreement have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly and validly executed and delivered by the Buyer and constitutes a legal, valid and binding obligation agreements of the Buyer Buyer, enforceable against the Buyer in accordance with its their respective terms, subject to obtaining approval except as required hereinsuch enforceability may be limited by bankruptcy, insolvency or similar laws and by equitable principles generally.

Appears in 1 contract

Samples: Membership Purchase Agreement (Independence Resources PLC)

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Execution and Binding Effect. This Agreement has been duly and validly executed and delivered by the Buyer and constitutes (assuming, in each case, the due and valid authorization, execution and delivery thereof by the other parties hereto) a legal, valid and legally binding obligation of the Buyer Buyer, enforceable against the Buyer it in accordance with its terms, subject to obtaining approval as required hereinapplicable bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting the rights and remedies of creditors generally and to general principles of equity (regardless of whether considered in a proceeding in equity or at Law).

Appears in 1 contract

Samples: Asset Purchase Agreement (Interland Inc /Mn/)

Execution and Binding Effect. This Agreement has been duly and validly executed and delivered by the Buyer and constitutes a legal, valid and legally binding obligation of the Buyer Buyer, enforceable against the Buyer in accordance with its terms, subject subject, however, to obtaining approval as required hereinthe effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting creditors’ rights generally and to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Asset Purchase Agreement (ARBINET Corp)

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