Common use of Binding and Enforceable Clause in Contracts

Binding and Enforceable. This Agreement constitutes a legal, valid, and binding obligation of the Member enforceable against the Member in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium, or similar laws, or equitable principles relating to or limiting creditors rights generally, and by the application of equitable remedies in appropriate cases.

Appears in 3 contracts

Samples: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

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Binding and Enforceable. This Agreement constitutes a legal, valid, valid and binding obligation agreement of the Member Company, enforceable against the Member Company in accordance with its terms, except as enforcement enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or other similar laws, or equitable principles laws relating to or limiting creditors affecting creditors’ rights generally, generally and by the application (ii) general principles of equitable remedies equity (regardless of whether such enforceability is considered in appropriate casesa proceeding in equity or at law).

Appears in 3 contracts

Samples: Senior Secured Notes Repurchase Agreement (Vista Gold Corp), Senior Secured Notes Repurchase Agreement (Vista Gold Corp), Senior Secured Notes Repurchase Agreement (Vista Gold Corp)

Binding and Enforceable. This Agreement constitutes a legal, valid, valid and binding obligation agreement of the Member Holder, enforceable against the Member Holder in accordance with its terms, except as enforcement enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or other similar laws, or equitable principles laws relating to or limiting creditors affecting creditors’ rights generally, generally and by the application (ii) general principles of equitable remedies equity (regardless of whether such enforceability is considered in appropriate casesa proceeding in equity or at law).

Appears in 3 contracts

Samples: Senior Secured Notes Repurchase Agreement (Vista Gold Corp), Senior Secured Notes Repurchase Agreement (Vista Gold Corp), Senior Secured Notes Repurchase Agreement (Vista Gold Corp)

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Binding and Enforceable. This Agreement constitutes a legal, valid, valid and binding obligation of the Member enforceable against the Member in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium, moratorium or similar laws, laws or equitable principles relating to or limiting creditors rights generally, and by the application of equitable remedies in appropriate cases.

Appears in 2 contracts

Samples: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

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