Common use of Execution and Binding Obligation Clause in Contracts

Execution and Binding Obligation. This Agreement and each of the Related Agreements to which the Purchaser is a party has been duly executed and delivered by the Purchaser and constitutes a legal, valid and binding agreement of the Purchaser enforceable against it in accordance with its terms subject only to any limitation under applicable Laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and other Laws of general application affecting the enforcement of creditors' rights, and (ii) the discretion that a court may exercise in the granting of equitable remedies.

Appears in 2 contracts

Samples: Joint Venture Agreement (Dakota Territory Resource Corp), Option Agreement (Dakota Territory Resource Corp)

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Execution and Binding Obligation. This Agreement and each of the Related Agreements to which the Purchaser is a party has been duly executed and delivered by the Purchaser and constitutes a legal, valid and binding agreement of the Purchaser enforceable against it in accordance with its terms subject only to any limitation under applicable Laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and other Laws of general application affecting the enforcement of creditors' rights, and (ii) the discretion that a court may exercise in the granting of equitable remedies.

Appears in 2 contracts

Samples: Asset Purchase Agreement (JR Resources Corp.), Joint Venture Agreement (JR Resources Corp.)

Execution and Binding Obligation. This Agreement has been (and each of the Related Agreements Transaction Documents to which the Purchaser is a party has been will be on the Closing Date) duly executed and delivered by the Purchaser and constitutes a constitute legal, valid and binding agreement obligations of the Purchaser Purchaser, enforceable against it in accordance with its terms subject only to any limitation under applicable their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other Laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and other Laws of general application or affecting the enforcement rights and remedies of creditors' rights, creditors and (ii) the exercise of judicial or administrative discretion that a court may exercise in the granting of accordance with general equitable remediesprinciples.

Appears in 1 contract

Samples: Share Purchase Agreement (Berkshire Hathaway Energy Co)

Execution and Binding Obligation. This Contract and, when executed, the Purchase Agreement and each of the Related Agreements to which the Purchaser Owner is a party has been duly executed and delivered by the Purchaser Owner and constitutes a legal, valid and binding agreement of the Purchaser Owner enforceable against it Owner in accordance with its terms terms, subject only to any limitation under applicable Laws laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and other Laws laws of general application affecting the enforcement of creditors' rights, and (ii) the discretion that a court may exercise in the granting of equitable remedies.;

Appears in 1 contract

Samples: Option Agreement (Dakota Territory Resource Corp)

Execution and Binding Obligation. This Contract and, when executed, the Purchase Agreement and each of the Related Agreements to which the Purchaser Owner is a party has been duly executed and delivered by the Purchaser Owner and constitutes a legal, valid and binding agreement of the Purchaser Owner enforceable against it Owner in accordance with its terms terms, subject only to any limitation under applicable Laws laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and other Laws laws of general application affecting the enforcement of creditors' rights, and (ii) the discretion that a court may exercise in the granting of equitable remedies.;

Appears in 1 contract

Samples: Asset Purchase Agreement (JR Resources Corp.)

Execution and Binding Obligation. This Agreement and each of the Related Agreements to which the Purchaser it is a party has been duly executed and delivered by the Purchaser it and constitutes a legal, valid and binding agreement of the Purchaser it enforceable against it such Seller in accordance with its terms terms, subject only to any limitation under applicable Laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and other Laws of general application affecting the enforcement of creditors' rights, and (ii) the discretion that a court may exercise in the granting of equitable remedies.

Appears in 1 contract

Samples: Joint Venture Agreement (Dakota Territory Resource Corp)

Execution and Binding Obligation. This Agreement and each of the Related Agreements to which the Purchaser it is a party has been duly executed and delivered by the Purchaser it and constitutes a legal, valid and binding agreement of the Purchaser it enforceable against it such Seller in accordance with its terms terms, subject only to any limitation under applicable Laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and other Laws of general application affecting the enforcement of creditors' rights, and (ii) the discretion that a court may exercise in the granting of equitable remedies.

Appears in 1 contract

Samples: Joint Venture Agreement (JR Resources Corp.)

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Execution and Binding Obligation. This Contract and, when executed, the Purchase Agreement and each of the Related Agreements to which the Purchaser it is a party has been duly executed and delivered by the Purchaser it and constitutes a legal, valid and binding agreement of the Purchaser enforceable against it in accordance with its terms terms, subject only to any limitation under applicable Laws laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and other Laws laws of general application affecting the enforcement of creditors' rights, and (ii) the discretion that a court may exercise in the granting of equitable remedies.;

Appears in 1 contract

Samples: Joint Venture Agreement (Dakota Territory Resource Corp)

Execution and Binding Obligation. This Contract and, when executed, the Purchase Agreement and each of the Related Agreements to which the Purchaser it is a party has been duly executed and delivered by the Purchaser it and constitutes a legal, valid and binding agreement of the Purchaser enforceable against it in accordance with its terms terms, subject only to any limitation under applicable Laws laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and other Laws laws of general application affecting the enforcement of creditors' rights, and (ii) the discretion that a court may exercise in the granting of equitable remedies.;

Appears in 1 contract

Samples: Joint Venture Agreement (JR Resources Corp.)

Execution and Binding Obligation. This Agreement and each of the Related Ancillary Agreements to which the Purchaser is a party has have been duly executed and delivered by the Purchaser and constitutes a constitute legal, valid and binding agreement obligations of the Purchaser Purchaser, enforceable against it in accordance with its their respective terms subject only to any limitation under applicable Laws laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and or other Laws similar laws of general application affecting the enforcement of creditors' rights, and (ii) the discretion that a court may exercise in the granting of equitable remedies.

Appears in 1 contract

Samples: Group Share Purchase Agreement (Simpson Manufacturing Co Inc /Ca/)

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