Legality and Validity Clause Samples

The Legality and Validity clause establishes that the agreement and its provisions must comply with applicable laws and regulations. In practice, this clause ensures that if any part of the contract is found to be illegal or unenforceable, the remainder of the agreement remains effective and binding. Its core function is to protect the integrity of the contract by preventing the entire agreement from being invalidated due to one unlawful or unenforceable provision.
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Legality and Validity. Assuming due authorization, execution and delivery by Buyer, this Agreement and all other documents and instruments to be executed and delivered by each of Bagcraft, ARTRA and Arcar pursuant hereto, constitute the legal, valid and binding obligations of it, enforceable against it, in accordance with their respective terms.
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Legality and Validity. Upon execution and delivery of this Agreement, it shall constitute the legal and valid obligation of the Transferor, enforceable against the Transferor in accordance with the terms of this Agreement.
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Legality and Validity. This Agreement constitutes, or when performed in accordance with its terms will constitute, its legal, valid and binding obligation enforceable in accordance with its terms.
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Legality and Validity. Assuming due authorization, execution and delivery on the part of PSC where applicable, this Agreement and each of the documents contemplated hereby to which Power Products is a party, constitute legal, valid and binding obligations of Power Products, and are enforceable against Power Products in accordance with their respective terms, except as the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization or other similar laws of general application relating to creditors' rights.
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Legality and Validity. The sale transaction in respect of the Plot No is in accordance with the provisions of Transfer of Property Act and both the parties shall exhaust their rights or enter into in accordance with the provisions of prevailing laws. The sale transaction in respect of the said plot is perpetual in nature. Further the sale transaction of the said plot is absolutely and totally binding on the legal heirs, nominees, assignees, agents of all the parties to these presents.
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Legality and Validity. This Agreement has been duly executed and delivered by ▇-▇ and constitutes a legal, valid and binding obligation of ▇-▇, enforceable against ▇-▇ in accordance with its terms, subject to the general principles of equity and except as the enforceability hereof may be limited by applicable bankruptcy, insolvency, reorganization or other similar laws of general application relating to creditors' rights.
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Legality and Validity. Assuming due authorization, execution and delivery on the part of Power Products where applicable, this Agreement and each of the documents contemplated hereby to which PSC is a party, to the best of PSC's knowledge, constitute legal, valid and binding obligations of PSC, and, to the best of PSC's knowledge, are enforceable against PSC in accordance with their respective terms, except as the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization or other similar laws of general application relating to creditors' rights.
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Legality and Validity. The obligations expressed to be assumed by each relevant Obligor in the Business Finance Documents to which it is a party are legal, valid, binding and enforceable obligations.
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Legality and Validity. This Agreement has been duly executed and delivered by SuperGen and constitutes a legal, valid and binding obligation of SuperGen, enforceable against SuperGen in accordance with its terms, subject to the general principles of equity and except as the enforceability hereof may be limited by applicable bankruptcy, insolvency, reorganization or other similar laws of general application relating to creditors' rights.
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Related to Legality and Validity

  • Authority and Validity 14 4.3. No Breach or Violation............................................14 4.4. Assets............................................................14 4.5.

  • Legality, etc This Agreement and each other Loan Document (other than the Notes) to which the Borrower is a party constitute the legal, valid and binding obligations of the Borrower, and the Notes, when executed and delivered in accordance with this Agreement, will constitute legal, valid and binding obligations of the Borrower, in each case enforceable against the Borrower in accordance with their terms except to the extent limited by (a) bankruptcy, insolvency, fraudulent conveyance or reorganization laws or by other similar laws relating to or affecting the enforceability of creditors’ rights generally and by general equitable principles which may limit the right to obtain equitable remedies regardless of whether enforcement is considered in a proceeding of law or equity or (b) any applicable public policy on enforceability of provisions relating to contribution and indemnification.

  • Authorization and Validity This Agreement and each promissory note, contract, instrument and other document required hereby or at any time hereafter delivered to Bank in connection herewith (collectively, the "Loan Documents") have been duly authorized, and upon their execution and delivery in accordance with the provisions hereof will constitute legal, valid and binding agreements and obligations of Borrower or the party which executes the same, enforceable in accordance with their respective terms.

  • Validity and Binding Effect of Agreements This Agreement and the Representative’s Warrant Agreement have been duly and validly authorized by the Company, and, when executed and delivered, will constitute, the valid and binding agreements of the Company, enforceable against the Company in accordance with their respective terms, except: (i) as such enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally; (ii) as enforceability of any indemnification or contribution provision may be limited under the federal and state securities laws; and (iii) that the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought.

  • Enforceability and Severability The invalidity or enforceability of any term or provisions of this Agreement shall not, unless otherwise specified, affect the validity or enforceability of any other term or provision, which shall remain in full force and effect.