Common use of Execution and Enforceability Clause in Contracts

Execution and Enforceability. This Agreement has been duly executed and delivered by the Buyer and constitutes a valid and binding obligation of the Buyer enforceable in accordance with its terms subject to the enforcement of equitable remedies, bankruptcy, insolvency, moratorium and other laws affecting the rights of creditors generally and the judicial limitations of the performance of the remedy of specific performance.

Appears in 4 contracts

Samples: Plan and Agreement of Merger (Citizens Community Bancorp Inc.), Plan and Agreement of Merger (Citizens Community Bancorp Inc.), Stock Purchase Agreement (Vineyard National Bancorp)

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Execution and Enforceability. This Agreement has been duly executed and delivered by the Buyer and Buyer, and, assuming that this Agreement constitutes a valid and binding agreement of the other parties hereto, this Agreement constitutes a legal, valid and binding obligation of the Buyer, enforceable against Buyer enforceable in accordance with its terms subject to terms, except as such enforceability may be limited by the enforcement of equitable remedies, bankruptcy, insolvency, moratorium and other laws affecting the rights of creditors generally and the judicial limitations of the performance of the remedy of specific performanceGeneral Enforceability Exceptions.

Appears in 2 contracts

Samples: Equity Interest Purchase Agreement (Worthington Industries Inc), Membership Interest Purchase Agreement (CPG Newco LLC)

Execution and Enforceability. This Agreement has been duly and validly executed and delivered by the Buyer Purchaser and constitutes a valid and binding obligation of the Buyer Purchaser, enforceable against the Purchaser in accordance with its terms terms, subject to the enforcement of equitable remedies, applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws of general application relating to or affecting the enforcement of creditors’ rights of creditors generally and the judicial limitations general principles of the performance of the remedy of specific performanceequity.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Sturm Ruger & Co Inc), Sale and Purchase Agreement (Ruger William B Jr)

Execution and Enforceability. This Agreement has been duly executed and delivered by the Buyer and constitutes when duly authorized, executed and delivered by Seller, this Agreement will constitute a legal, valid and binding obligation of the Buyer Buyer, enforceable in accordance with its terms subject to the enforcement of equitable remedies, bankruptcy, insolvency, moratorium and other laws affecting the rights of creditors generally and the judicial limitations of the performance of the remedy of specific performanceterms.

Appears in 2 contracts

Samples: Loan Sale Agreement, Loan Sale Agreement (Resource America Inc)

Execution and Enforceability. This Agreement has been duly executed and delivered by the Buyer Seller and constitutes a legal, valid and binding obligation of the Buyer Seller enforceable against the Seller in accordance with its terms subject to the enforcement of equitable remedies, bankruptcy, insolvency, moratorium and other laws affecting the rights of creditors generally and the judicial limitations of the performance of the remedy of specific performance.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Vineyard National Bancorp), Stock Purchase Agreement (Minnesota Ase Inc)

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Execution and Enforceability. This Agreement has been duly organized and validly executed and delivered by the Buyer Seller and constitutes a valid and binding obligation of the Buyer Seller, enforceable against the Seller in accordance with its terms terms, subject to the enforcement of equitable remedies, applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws of general application relating to or affecting the enforcement of creditors’ rights of creditors generally and the judicial limitations general principles of the performance of the remedy of specific performanceequity.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Ruger William B Jr), Sale and Purchase Agreement (Sturm Ruger & Co Inc)

Execution and Enforceability. This Agreement has been duly executed and delivered by the Buyer and Buyer, and, assuming that this Agreement constitutes a valid and binding obligation agreement of the other parties hereto, this Agreement constitutes and each other Transaction Document when duly executed and delivered by Buyer will constitute, legal, valid and binding obligations of Buyer, enforceable against Buyer in accordance with its terms subject to terms, except as such enforceability may be limited by the enforcement of equitable remedies, bankruptcy, insolvency, moratorium and other laws affecting the rights of creditors generally and the judicial limitations of the performance of the remedy of specific performanceGeneral Enforceability Exceptions.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Catalent, Inc.)

Execution and Enforceability. This Agreement has been duly executed and delivered by the Buyer and constitutes a valid and binding obligation of the Buyer enforceable in accordance with its terms terms, subject to the enforcement of equitable remedies, bankruptcy, insolvency, moratorium and other laws affecting the rights of creditors generally and the judicial limitations of the performance of the remedy of specific performance.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mackinac Financial Corp /Mi/)

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