First Lien Notes. The First Lien Notes have been duly and validly authorized by the Company, and when the First Lien Notes are executed by the Company and authenticated and delivered pursuant to this Agreement and the First Lien Notes Indenture, the First Lien Notes will be valid and binding obligations of the Company, enforceable in accordance with their terms, subject as to enforceability to general principles of equity and to bankruptcy, insolvency, moratorium and other similar laws affecting the enforcement of creditors’ rights generally.
Appears in 2 contracts
Sources: Purchase and Exchange Agreement, Purchase and Exchange Agreement (Cobalt International Energy, Inc.)