Common use of Binding and Enforceable Clause in Contracts

Binding and Enforceable. This Agreement constitutes the legal, valid and binding obligation of SEI enforceable against SEI in accordance with its terms, subject to laws affecting the enforcement of creditors' rights generally and to general principles of equity.

Appears in 4 contracts

Samples: Credit Agreement (Mirant Corp), Credit Agreement (Mirant Corp), Credit Agreement (Mirant Americas Generating LLC)

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Binding and Enforceable. This Agreement constitutes the legal, ----------------------- valid and binding obligation of SEI enforceable against SEI in accordance with its terms, subject to laws affecting the enforcement of creditors' rights generally and to general principles of equity.

Appears in 1 contract

Samples: Capital Contribution Agreement (Mirant Mid Atlantic LLC)

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