Equitable Limitations definition

Equitable Limitations has the meaning set forth in Section 3.3(a).
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Equitable Limitations means applicable bankruptcy, reorganization or moratorium statutes, equitable principles or other similar laws affecting the rights of creditors generally.
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Equitable Limitations shall have the meaning set forth in Section 4.3.
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Examples of Equitable Limitations in a sentence

  • This Agreement has been duly executed and delivered on behalf of Buyer, and constitutes a legal, valid and binding obligation of Buyer enforceable in accordance with its terms, except as enforceability may be limited by Equitable Limitations.

  • At Closing, all documents and instruments required to be executed and delivered by Seller shall be duly executed and delivered and shall constitute legal, valid, enforceable, and binding obligations of Seller, except as enforceability may be limited by Equitable Limitations.

  • At the Closing all documents required hereunder to be executed and delivered by Buyer shall be duly executed and delivered and shall constitute legal, valid and binding obligations of Buyer enforceable in accordance with their terms, except as enforceability may be limited by Equitable Limitations.

  • All documents and instruments required hereunder to be executed and delivered by such Seller as appropriate has been duly executed and delivered and constitute legal, valid and binding obligations of such Seller enforceable in accordance with their terms, except as enforceability may be limited by Equitable Limitations.

  • This Agreement has been duly executed and delivered on behalf of Buyer and constitutes a legal, valid and binding obligation of Buyer enforceable in accordance with its terms, except as enforceability may be limited by Equitable Limitations.

  • This Agreement has been duly executed and delivered on behalf of Seller and constitutes the legal and binding obligation of Seller enforceable in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, reorganization, or moratorium statues, equitable principles, or other similar laws affecting the rights of creditors generally ("Equitable Limitations").

  • This Agreement has been duly executed and delivered on behalf of such Buyer, and constitutes a legal, valid and binding obligation of such Buyer enforceable in accordance with its terms, except as enforceability may be limited by Equitable Limitations.

  • At the Closing, all documents required hereunder to be executed and delivered by Buyer shall be duly executed and delivered and shall constitute legal, valid and binding obligations of Buyer enforceable in accordance with their terms, except as enforceability may be limited by Equitable Limitations.

  • All documents required hereunder to be executed and delivered by such Buyer have been duly executed and delivered and constitute the legal, valid and binding obligations of such Buyer enforceable in accordance with their terms, except as enforceability may be limited by Equitable Limitations.

  • At the Closing, all documents and instruments required hereunder to be executed and delivered by Seller shall be duly executed and delivered and shall constitute legal, valid and binding obligations of Seller enforceable in accordance with their terms, except as enforceability may be limited by Equitable Limitations.


More Definitions of Equitable Limitations

Equitable Limitations shall be as defined in Article 4(c).
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Equitable Limitations as defined in Section 6.17.
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Related to Equitable Limitations

  • Equitable Exceptions means, with respect to the enforceability of any obligation, that such obligation is subject to (a) applicable bankruptcy, insolvency, moratorium, receivership, assignment for the benefit of creditors or other similar state or federal laws affecting the rights and remedies of creditors generally (including, without limitation, fraudulent conveyance or transfer laws) and judicially developed doctrines in this area, such as equitable subordination and substantive consolidation of entities and (b) equitable principles (whether considered in a proceeding in equity or at law).

  • Equitable means fair and reasonable under the circumstances.

  • Equitable Defenses means any bankruptcy, insolvency, reorganization and other laws affecting creditors’ rights generally, and with regard to equitable remedies, the discretion of the court before which proceedings to obtain same may be pending.

  • Enforceability Limitations means (i) bankruptcy, insolvency, reorganization, moratorium or similar laws now or hereafter in effect affecting or limiting the enforcement of creditors’ rights generally and (ii) the discretion of the appropriate court with respect to specific performance, injunctive relief or other equitable remedies.

  • Step-in Rights means the right of one party to assume an intervening position to satisfy all terms of an agreement in the event the other party fails to perform its obligations under the agreement.