Common use of Validity; Enforceability Clause in Contracts

Validity; Enforceability. This Agreement has been duly executed and delivered by the Company, and constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by, or subject to, any bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and subject to general principles of equity.

Appears in 10 contracts

Samples: Preferred Stock Purchase Agreement (Soros Fund Management LLC), Common Stock and Warrant Purchase Agreement (Bluefly Inc), Series 2002 Preferred Stock Purchase Agreement (Bluefly Inc)

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Validity; Enforceability. This Agreement has and the Notes have each been duly executed and delivered by the Company, and constitutes constitute the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its their respective terms, except as such enforceability may be limited by, or subject to, any bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and subject to general principles of equity.

Appears in 8 contracts

Samples: Note Purchase Agreement (Bluefly Inc), Series C Preferred Stock and Note Purchase Agreement (Bluefly Inc), Note Purchase Agreement (Maverick Capital LTD)

Validity; Enforceability. This Agreement has been duly executed and delivered by the Company, and constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by, or subject to, any bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and subject to general principles of equity.

Appears in 4 contracts

Samples: Warrant Purchase Agreement (Helpful Alliance Co), Warrant Issuance Agreement (Helpful Alliance Co), Common Stock and Warrant Purchase Agreement (Sontra Medical Corp)

Validity; Enforceability. This Agreement has and the other Transaction Documents to which the Company is a party have been duly authorized, executed and delivered by the Company, and constitutes constitute the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by, or subject to, any bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and subject to general principles of equity.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bluefly Inc)

Validity; Enforceability. This Agreement has and the Notes and warrants shall at the applicable Closing have each been duly executed and delivered by the Company, and constitutes constitute the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its their respective terms, except as such enforceability or the effectiveness of any term or provision may be limited by, or subject to, any bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and subject to general principles of equity.

Appears in 1 contract

Samples: Operating Loan and Security Agreement (Smart Move, Inc.)

Validity; Enforceability. This Agreement has been duly executed and delivered by the CompanyLender, and constitutes the legal, valid and binding obligation of the CompanyLender, enforceable against the Company Lender in accordance with its terms, except as such enforceability may be limited by, or subject to, any bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and subject to general principles of equity.

Appears in 1 contract

Samples: Operating Loan and Security Agreement (Smart Move, Inc.)

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Validity; Enforceability. This Agreement has and all other instruments or documents executed by the Company in connection herewith have been duly executed and delivered by the Company, and constitutes the constitute legal, valid and binding obligation obligations of the Company, enforceable against the Company in accordance with its their respective terms, except as such enforceability may be limited by, or subject to, any by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and subject to general principles of equity (whether considered in an action at law or in equity).

Appears in 1 contract

Samples: Stock Repurchase Agreement (Cti Inc /Tn)

Validity; Enforceability. This Agreement has been duly and the Notes and Warrants, once executed and delivered by the Company, and constitutes constitute the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its their respective terms, except as such enforceability may be limited by, or subject to, any bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and subject to general principles of equity.

Appears in 1 contract

Samples: Securities Purchase Agreement (Proteonomix, Inc.)

Validity; Enforceability. This Agreement has and the Note have been duly executed and delivered by the Company, and constitutes the constitute legal, valid and binding obligation obligations of the Company, enforceable against the Company in accordance with its their respective terms, except as such enforceability may be limited by, or subject to, any by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and subject to general principles of equity (whether considered in an action at law or in equity).

Appears in 1 contract

Samples: Stock Repurchase Agreement (Hometown International, Inc.)

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