Common use of Valid Conveyance; Binding Obligations Clause in Contracts

Valid Conveyance; Binding Obligations. This Agreement, each First Tier Loan Assignment and the Transaction Documents to which the Seller is party have been and, in the case of each First Tier Loan Assignment delivered after the Restatement Date, will be, duly executed and delivered by the Seller, and this Agreement, together with the applicable First Tier Loan Assignment in each case, shall effect valid Sales of Sale Portfolio, enforceable against the Seller and creditors of and purchasers from the Seller, and this Agreement, each First Tier Loan Assignment and such Transaction Documents shall constitute legal, valid and binding obligations of the Seller enforceable against the Seller in accordance with their respective terms, except as enforceability may be limited by Bankruptcy Laws and general principles of equity (whether such enforceability is considered in a proceeding in equity or at law).

Valid Conveyance; Binding Obligations. This Agreement, each First Second Tier Loan Assignment and the Transaction Documents to which the Seller is party have been and, in the case of each First Second Tier Loan Assignment delivered after the Restatement Date, will be, duly executed and delivered by the Seller, and this Agreement, together with the applicable First Second Tier Loan Assignment in each case, shall effect valid Sales of Sale Portfolio, enforceable against the Seller and creditors of and purchasers from the Seller, and this Agreement, each First Second Tier Loan Assignment and such Transaction Documents shall constitute legal, valid and binding obligations of the Seller enforceable against the Seller in accordance with their respective terms, except as enforceability may be limited by Bankruptcy Laws and general principles of equity (whether such enforceability is considered in a proceeding in equity or at law).

Valid Conveyance; Binding Obligations. This Agreement, each First Second Tier Loan Assignment and the Transaction Documents to which the Seller is party have been and, in the case of each First Second Tier Loan Assignment delivered after the Restatement Closing Date, will be, duly executed and delivered by the Seller, and this Agreement, together with the applicable First Second Tier Loan Assignment in each case, shall effect valid Sales of Sale Portfolio, enforceable against the Seller and creditors of and purchasers from the Seller, and this Agreement, each First Second Tier Loan Assignment and such Transaction Documents shall constitute legal, valid and binding obligations of the Seller enforceable against the Seller in accordance with their respective terms, except as enforceability may be limited by Bankruptcy Laws and general principles of equity (whether such enforceability is considered in a proceeding in equity or at law).

Valid Conveyance; Binding Obligations. This Agreement, each First Tier Loan Assignment and the Transaction Documents to which the Seller is party have been and, in the case of each First Tier Loan Assignment delivered after the Restatement Closing Date, will be, duly executed and delivered by the Seller, and this Agreement, together with the applicable First Tier Loan Assignment in each case, shall effect valid Sales of Sale Portfolio, enforceable against the Seller and creditors of and purchasers from the Seller, and this Agreement, each First Tier Loan Assignment and such Transaction Documents shall constitute legal, valid and binding obligations of the Seller enforceable against the Seller in accordance with their respective terms, except as enforceability may be limited by Bankruptcy Laws and general principles of equity (whether such enforceability is considered in a proceeding in equity or at law).