Common use of Valid Clause in Contracts

Valid. binding and enforceable obligations This Bond Agreement and each other Finance Document to which it is a party constitutes (or will constitute, when executed by the respective parties thereto) its legal, valid and binding obligations, enforceable in accordance with their respective terms, and (save as provided for therein) no further registration, filing, payment of tax or fees or other formalities are necessary or desirable to render the said documents enforceable against it.

Appears in 10 contracts

Samples: Bond Agreement, Bond Agreement (Ship Finance International LTD), And Restatement Agreement

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Valid. binding and enforceable obligations This Bond Agreement and each any other Finance Document to which it is a party constitutes constitute (or will constitute, when executed by the respective parties thereto) its legal, valid and binding obligationsobligations of the Issuer, enforceable in accordance with their respective terms, and (save as provided for therein) no further registration, filing, payment of tax Tax or fees or other formalities are necessary or desirable to render the said documents enforceable against itthe Issuer.

Appears in 3 contracts

Samples: Bond Agreement (Teekay Offshore Partners L.P.), Bond Agreement (Teekay LNG Partners L.P.), Bond Agreement (Teekay LNG Partners L.P.)

Valid. binding and enforceable obligations This These Bond Agreement Terms and each other Finance Document to which it is a party constitutes (or will constitute, when executed by the respective parties thereto) its legal, valid and binding obligations, enforceable in accordance with their respective terms, and (save as provided for therein) no further registration, filing, payment of tax or fees or other formalities are necessary or desirable to render the said documents enforceable against it.

Appears in 2 contracts

Samples: And Restatement Agreement, And Restatement Agreement

Valid. binding and enforceable obligations This Bond Agreement and each other Finance Document to which it or any Guarantor (if any Guarantee has been given at that time) is a party constitutes (or will constitute, when executed by the respective parties thereto) its legal, valid and binding obligations, enforceable in accordance with their respective terms, and (save as provided for therein) no further registration, filing, payment of tax or fees or other formalities are necessary or desirable to render the said documents enforceable against it.

Appears in 1 contract

Samples: Bond Agreement

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Valid. binding and enforceable obligations This Bond Agreement and each other Finance Document to which it is a party constitutes (or will constitute, when executed by the respective parties thereto) its legal, valid and binding obligations, enforceable in accordance with their respective terms, and on registration with the Securities Depository and payment by the Managers of the net proceeds, the Bonds will constitute, legal, valid, binding and enforceable obligations of the Issuer, (save as provided for therein) no further registration, filing, payment subject to general principles of tax or fees or other formalities are necessary or desirable to render the said documents enforceable against itlaw limiting creditors' rights generally).

Appears in 1 contract

Samples: Bond Agreement

Valid. binding and enforceable obligations This Bond Agreement and each any other Finance Document to which it is a party constitutes constitute (or will constitute, when executed by the respective parties thereto) its legal, valid and binding obligationsobligations of the Obligor, enforceable in accordance with their respective terms, and (save as provided for therein) no further registration, filing, payment of tax Tax or fees or other formalities are necessary or desirable to render the said documents enforceable against itthe Obligor.

Appears in 1 contract

Samples: Bond Agreement (Teekay Offshore Partners L.P.)

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