Equitable Discretion definition

Equitable Discretion shall have the meaning provided in Section 5.2(a) of this Agreement.
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Examples of Equitable Discretion in a sentence

  • All Assets which are Material to BancTrust’s business on a consolidated basis, held under leases or subleases by any of the BancTrust Companies, are held under valid Contracts enforceable in accordance with their respective terms (except as enforceability may be limited by Creditor’s Laws and Equitable Discretion), and each such Contract is in full force and effect.

  • Subject to such requisite shareholder approval, this Agreement represents a legal, valid, and binding obligation of BancTrust, enforceable against BancTrust in accordance with its terms (except in all cases as such enforceability may be limited by Creditors’ Laws and Equitable Discretion).

  • All Assets which are Material to Peoples’ business on a consolidated basis, held under leases or subleases by any of the Peoples Companies, are held under valid Contracts enforceable in accordance with their respective terms (except as enforceability may be limited by Creditor’s Laws and Equitable Discretion), and each such Contract is in full force and effect.

  • This Agreement represents a legal, valid, and binding obligation of both SAB and MCB, enforceable against SAB and MCB in accordance with its terms (except in all cases as such enforceability may be limited by Creditors' Laws and Equitable Discretion).

  • All Assets which are Material to CommerceSouth's business on a consolidated basis, held under leases or subleases by any of the CommerceSouth Companies, are held under valid Contracts enforceable in accordance with their respective terms (except as enforceability may be limited by Creditor= s Laws and Equitable Discretion), and each such Contract is in full force and effect.

  • Subject to such requisite shareholder approval, this Agreement represents a legal, valid, and binding obligation of BancTrust, enforceable against BancTrust in accordance with its terms (except in all cases as such enforceability may be limited by Creditors= Laws and Equitable Discretion).

  • All Assets which are material to PSB's business held under leases or subleases by PSB, are held under valid Contracts enforceable in accordance with their respective terms (except as enforceability may be limited by Creditor s Laws and Equitable Discretion), and each such Contract is in full force and effect.

  • All Assets which are Material to BancTrust's business on a consolidated basis, held under leases or subleases by any of the BancTrust Companies, are held under valid Contracts enforceable in accordance with their respective terms (except as enforceability may be limited by Creditor= s Laws and Equitable Discretion), and each such Contract is in full force and effect.

  • All Assets which are Material to CommerceSouth’s business on a consolidated basis, held under leases or subleases by any of the CommerceSouth Companies, are held under valid Contracts enforceable in accordance with their respective terms (except as enforceability may be limited by Creditor’s Laws and Equitable Discretion), and each such Contract is in full force and effect.