Creditors’ Rights definition

Creditors’ Rights has the meaning set forth in Section 3.2(b).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Creditors’ Rights means applicable bankruptcy, insolvency or other similar laws relating to or affecting the enforcement of creditors’ rights generally and to general principles of equity.

Creditors’ Rights has the meaning provided such term in Section 4.2.

Examples of Creditors’ Rights in a sentence

This Agreement has been duly executed and delivered by ▇▇▇▇▇, and (assuming due authorization, execution and delivery by each other party hereto) this Agreement constitutes a legal, valid and binding obligation of Buyer enforceable against Buyer in accordance with its terms, subject to Creditors’ Rights and Equitable Principles.
All other documents required hereunder to be executed and delivered by Seller at the Closing shall have been duly authorized, executed and delivered by Seller, as applicable, and will constitute the legal, valid and binding obligations of Seller, enforceable against Seller in accordance with their respective terms, subject to Creditors’ Rights.
All other documents required hereunder to be executed and delivered by ▇▇▇▇▇ at Closing have been duly authorized, executed and delivered by ▇▇▇▇▇ and constitute the legal, valid and binding obligations of Buyer enforceable against Buyer in accordance with their terms, subject to Creditors’ Rights.
When each other Transaction Document (other than this Agreement) to which a Seller Party is or will be a party has been duly executed and delivered by such Seller Party (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding obligation of such Seller Party enforceable against it in accordance with its terms, subject to Creditors’ Rights and Equitable Principles.
When each other Transaction Document to which Buyer is or will be a party has been duly executed and delivered by ▇▇▇▇▇ (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding obligation of Buyer enforceable against it in accordance with its terms, subject to Creditors’ Rights and Equitable Principles.

More Definitions of Creditors’ Rights

Creditors’ Rights shall have the meaning ascribed to it in Section 4.3(a).

Creditors’ Rights is defined in Section 5.01(b).

Creditors’ Rights is defined in Section 3.2.

Creditors’ Rights has the meaning attributed to such term in Section 4.1(f). “Direct Claim” has the meaning attributed to such term in Section 6.5(a).

Creditors’ Rights is a collective reference to the effects of bankruptcy, insolvency, reorganization, moratorium or other similar Laws relating to or affecting the rights of creditors generally and the effects of the application of general principles of equity.

Creditors’ Rights is defined in Section 6.3.

Creditors’ Rights is defined in Section 4.1.