Common use of Valid and Binding Obligation Clause in Contracts

Valid and Binding Obligation. This agreement constitutes the valid and binding obligation of the party, enforceable in accordance with its terms, except as may be limited by principles of equity or by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally.

Valid and Binding Obligation. This agreement constitutes the Agreement and agreements, documents and instruments required to be delivered pursuant to this Agreement are valid and binding obligation obligations of the party, such party enforceable against such party in accordance with its their respective terms, except as may be limited by principles of equity or by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of general application relating to creditors' rights generallyor by the application of equitable principles when equitable remedies are sought.

Valid and Binding Obligation. This agreement constitutes the Agreement is a valid and binding obligation of the party, enforceable in accordance with its terms, except as may be limited by insolvency Laws or principles of equity or by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement equity. FLATBUSH GARDENS HPO - Regulatory Agreement 51 Article 11 - Statements of creditors' rights generally.Fact