Common use of Valid and Binding Obligation Clause in Contracts

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s legal, valid and binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 13 contracts

Samples: Guaranty (NorthStar Real Estate Income Trust, Inc.), Guaranty of Payment (Grubb & Ellis Healthcare REIT, Inc.), Guaranty of Recourse (Strategic Storage Trust IV, Inc.)

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Valid and Binding Obligation. This Guaranty constitutes each Guarantor’s legal, valid and binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 3 contracts

Samples: Strategic Storage Trust VI, Inc., Strategic Storage Trust VI, Inc., Strategic Storage Trust VI, Inc.

Valid and Binding Obligation. This Indemnity Guaranty constitutes such Indemnity Guarantor’s legal, valid and binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Indemnity Guaranty, Indemnity Guaranty

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s 's legal, valid and binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors' rights generally and to general principles of equity.

Appears in 2 contracts

Samples: NNN Healthcare/Office REIT, Inc., NNN Healthcare/Office REIT, Inc.

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s the legal, valid and binding obligationobligation of Guarantor, enforceable against it Guarantor in accordance with its terms, except subject only to the extent enforceability may be limited under applicable bankruptcy and bankruptcy, insolvency laws and or similar laws generally affecting creditors’ rights generally and to general principles the enforcement of equitycreditor’s rights.

Appears in 1 contract

Samples: Pledge and Security Agreement (Gramercy Capital Corp)

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s the legal, valid and binding obligationobligation of Guarantor, enforceable against it Guarantor in accordance with its terms, except subject only to the extent enforceability may be limited under applicable bankruptcy and bankruptcy, insolvency laws and or similar laws generally affecting creditors’ rights generally and to general principles the enforcement of equitycreditor's rights.

Appears in 1 contract

Samples: Pledge and Security Agreement (KBS Real Estate Investment Trust, Inc.)

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Valid and Binding Obligation. This To Guarantor’s knowledge, this Guaranty constitutes each Guarantor’s legal, valid and binding obligation, enforceable against it such Guarantor in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Lodging Fund REIT III, Inc.

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s legal, valid and binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Guaranty (Pet DRx CORP)

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s legal, valid and binding obligation, enforceable against it Guarantor in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Guaranty Agreement (JetPay Corp)

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