Common use of Due Execution; Enforceability Clause in Contracts

Due Execution; Enforceability. The Transaction Documents to which it is a party have been duly executed and delivered by each Relevant Party, for good and valuable consideration. The Transaction Documents to which it is a party constitute the legal, valid and binding obligations of each Relevant Party, as applicable, enforceable against it in accordance with their respective terms subject to bankruptcy, insolvency, and other limitations on creditors’ rights generally and to equitable principles.

Appears in 5 contracts

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (Angel Oak Mortgage REIT, Inc.), Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

AutoNDA by SimpleDocs

Due Execution; Enforceability. The Transaction Documents to which it is a party have been or will be duly executed and delivered by each Relevant PartySeller, for good and valuable consideration. The Once executed by each applicable counterparty, the Transaction Documents to which it is a party constitute the legal, valid and binding obligations of each Relevant Party, as applicableSeller, enforceable against it each Seller in accordance with their respective terms subject to bankruptcy, insolvency, and other limitations on creditors’ rights generally and to equitable principles.

Appears in 1 contract

Samples: Master Repurchase Agreement (Starwood Property Trust, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.