Enforceable definition
Enforceable means, with respect to any Contractual Obligation stated to be Enforceable by or against any Person, that such Contractual Obligation is a legal, valid and binding obligation enforceable by or against such Person in accordance with its terms, except to the extent that enforcement of the rights and remedies created thereby is subject to bankruptcy, insolvency, reorganization, moratorium and other similar laws of general application affecting the rights and remedies of creditors and to general principles of equity (regardless of whether enforceability is considered in a proceeding in equity or at law).
Enforceable a Contract is “Enforceable” if it is the legal, valid, and binding obligation of the applicable Person enforceable against such Person in accordance with its terms, except as such enforceability may be subject to the effects of bankruptcy, insolvency, reorganization, moratorium, or other Laws relating to or affecting the rights of creditors, and general principles of equity.
Enforceable means, with respect to any Contractual Obligation stated to be Enforceable by or against any Person, that such Contractual Obligation is a legal, valid and binding obligation of such Person enforceable by or against such Person in accordance with its terms, except to the extent that enforcement of the rights and remedies created thereby is subject to bankruptcy, insolvency, reorganization, moratorium and other similar laws of general application affecting the rights and remedies of creditors and to general principles of equity (regardless of whether enforceability is considered in a proceeding in equity or at law).
Examples of Enforceable in a sentence
This Agreement has been, and each of the Ancillary Agreements to which ▇▇▇▇▇ is a party will be at the Closing, duly executed and delivered by ▇▇▇▇▇ and, assuming the due authorization, execution and delivery by the other parties hereto and thereto, this Agreement is, and in the case of the Ancillary Agreements they will at the Closing be, Enforceable against Buyer.
This Agreement has been, and each of the Ancillary Agreements to which Seller is a party will be at the Closing, duly executed and delivered by Seller, and, assuming the due authorization, execution and delivery by the other parties hereto and thereto, this Agreement is, and in the case of the Ancillary Agreements they will at the Closing be, Enforceable against Seller.
Each Acquired Company owns and has good, valid and marketable title to or an Enforceable leasehold interest in, or adequate rights to use, all of the material tangible Assets, whether real or personal, that are used primarily in the operation of the Business and neither Seller nor any of its Subsidiaries (other than the Acquired Companies) owns or has any right, title or interest to such Assets.
More Definitions of Enforceable
Enforceable means the authority for ARB to hold a particular party liable and to take appropriate action if any of the provisions of this article are violated.
Enforceable means the Transporter (acting reasonably) is satisfied that the instrument of security or surety is legally enforceable and in this respect, where surety is provided by a company registered outside of England and Wales, the Country of residence of such company must have a sovereign credit rating of a Qualifying Company (where such ratings conflict, the lower of the ratings will be used) and the User shall at its own expense provides such legal opinion as the Transporter may reasonably require;
Enforceable means all limitations and conditions which are enforceable by the Administrator, including those requirements developed pursuant to 40 CFR Parts 60 and 61, requirements within the State Implementation Plan and R307, any permit requirements established pursuant to 40 CFR 52.21 or R307-401.
Enforceable as used above means that the obligations assumed by the Company under each of the Underwriting Agreement, Deposit Agreement and the Representative’s Warrant are of a type which the courts of the Cayman Islands will enforce. It does not mean that those obligations will necessarily be enforced in all circumstances in accordance with their terms. In particular:
(a) enforcement may be limited by bankruptcy, insolvency, liquidation, reorganisation, readjustment of debts or moratorium or other laws of general application relating to or affecting the rights of creditors;
(b) enforcement may be limited by general principles of equity. For example, equitable remedies such as specific performance may not be available, inter alia, where damages are considered to be an adequate remedy;
(c) some claims may become barred under the statutes of limitation or may be or become subject to defences of set off, counterclaim, estoppel and similar defences;
(d) where obligations are to be performed in a jurisdiction outside the Cayman Islands, they may not be enforceable in the Cayman Islands to the extent that performance would be illegal under the laws of that jurisdiction;
(e) the courts of the Cayman Islands have jurisdiction to give judgment in the currency of the relevant obligation and statutory rates of interest payable upon judgments will vary according to the currency of the judgment. If the Company becomes insolvent and is made subject to a liquidation proceeding, the courts of the Cayman Islands will require all debts to be proved in a common currency, which is likely to be the “functional currency” of the Company determined in accordance with applicable accounting principles. Currency indemnity provisions have not been tested, so far as we are aware, in the courts of the Cayman Islands;
(f) arrangements that may be regarded as penalties will not be enforceable;
(g) the courts of the Cayman Islands may decline to exercise jurisdiction in relation to substantive proceedings brought under or in relation to each of the Underwriting Agreement, Deposit Agreement and the Representative’s Warrant in matters where they determine that such proceedings may be tried in a more appropriate forum;
(h) we reserve our opinion as to the enforceability of the relevant provisions of each of the Underwriting Agreement, Deposit Agreement and the Representative’s Warrant to the extent that they purport to grant exclusive jurisdiction to the courts of the State of New York or any other jur...
Enforceable means that the relevant obligations are of a type that the courts in the Relevant Jurisdictions enforce and does not mean that the obligations will necessarily be enforced in all circumstances in accordance with their terms.
Enforceable as used in this opinion means that there is a way of ensuring that each party performs an agreement or that there are remedies available for breach.
Enforceable means any standard, requirement, limitation or condition established by an applicable federal or state regulation or specified in a permit issued or order entered thereunder, or contained in a SIP approved by the Administrator of the U.S. Environmental Protection Agency (EPA), and which can be enforced by the Department and the Administrator of the EPA.