Common use of Valid and Binding Documents Clause in Contracts

Valid and Binding Documents. The Transaction Documents have been duly authorized, executed and delivered by the Corporation and each of the Transaction Documents constitutes a legal, valid and binding obligation of the Corporation, enforceable against the Corporation in accordance with its terms, provided that enforcement thereof may be limited by bankruptcy, insolvency, receivership and other similar laws affecting creditors’ rights generally, that specific performance and other equitable remedies may only be granted in the discretion of a court of competent jurisdiction, and that the provisions relating to indemnity, contribution and waiver of contribution may be unenforceable and that enforceability is subject to the provisions of the Limitations Act, 2002 (Ontario).

Valid and Binding Documents. The Transaction Documents This Agreement has been, and at the time of execution of the Warrant Indenture and the Broker Warrant Certificates such documents will have been been, duly authorized, executed and delivered by the Corporation and each of the Transaction Documents constitutes a will constitute legal, valid and binding obligation obligations of the Corporation, enforceable against the Corporation in accordance with its their terms, provided that enforcement thereof may be limited by bankruptcy, insolvency, receivership and other similar laws affecting creditors’ rights generally, that specific performance and other equitable remedies may only be granted in the discretion of a court of competent jurisdiction, and that the provisions relating to indemnity, contribution and waiver of contribution may be unenforceable and that enforceability is subject to the provisions of the Limitations Act, 2002 Limitation Act (Ontario).