Common use of Binding Agreements Clause in Contracts

Binding Agreements. This Agreement, when executed and delivered, will constitute the valid and legally binding obligation of such Person enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by equitable principles.

Appears in 7 contracts

Samples: Security Agreement (Zogenix, Inc.), Subordination and Intercreditor Agreement (Terremark Worldwide Inc), Recapitalization Agreement (Singapore Technologies Telemedia Pte LTD)

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Binding Agreements. This Agreement, when executed and delivered, will constitute the valid and legally binding obligation of such Person the Senior Creditor Representative enforceable against it in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium moratorium, or similar laws affecting the enforcement of creditors’ rights generally and by equitable principles.

Appears in 4 contracts

Samples: Subordination and Intercreditor Agreement (Beneficient Co Group, L.P.), Credit Agreement (GWG Holdings, Inc.), Security and Pledge Agreement (GWG Holdings, Inc.)

Binding Agreements. This Agreement, when executed and delivered, will constitute the valid and legally binding obligation of such Person Subordinated Creditor enforceable against it in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium moratorium, or similar laws affecting the enforcement of creditors’ rights generally and by equitable principles.

Appears in 4 contracts

Samples: Subordination and Intercreditor Agreement (Beneficient Co Group, L.P.), Credit Agreement (GWG Holdings, Inc.), Security and Pledge Agreement (GWG Holdings, Inc.)

Binding Agreements. This Agreement, when executed and delivered, will constitute the valid and legally binding obligation of such Person Lender enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ Creditor' rights generally and by equitable principles.

Appears in 2 contracts

Samples: Subordination and Intercreditor Agreement, Subordination and Intercreditor Agreement

Binding Agreements. This Agreement, when executed and delivered, will constitute Agreement constitutes the legal valid and legally binding obligation of such Person Person, enforceable against the Existing Creditors and Smoore, as the case may be, in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by equitable principles.

Appears in 2 contracts

Samples: Consent, Collateral Release, and Subordination Agreement (TILT Holdings Inc.), Subordination and Intercreditor Agreement (TILT Holdings Inc.)

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Binding Agreements. This Agreement, when executed and delivered, will constitute Agreement constitutes the legal valid and legally binding obligation of such Person Person, enforceable against the Noteholder Representative and the Noteholders and the Working Capital Lender, as the case may be, in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by equitable principles.

Appears in 1 contract

Samples: Subordination and Intercreditor Agreement (TILT Holdings Inc.)

Binding Agreements. This Agreement, when executed and delivered, will constitute the valid and legally binding obligation of such Person each Subordinated Creditor and Trustee enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and by equitable principles.

Appears in 1 contract

Samples: Subordination Agreement (Scott Cable Communications Inc)

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