Common use of Legal, Valid and Binding Obligation Clause in Contracts

Legal, Valid and Binding Obligation. This Agreement has been duly executed and delivered by the New Sponsor and constitutes the legal, valid and binding obligation of the New Sponsor, enforceable against it in accordance with the terms hereof.

Appears in 24 contracts

Samples: Adherence Agreement, Consortium Agreement (Right Advance Management Ltd.), Consortium Agreement (Idg-Accel China Growth Fund Ii L P)

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Legal, Valid and Binding Obligation. This Agreement has been duly executed and delivered by the New Sponsor and constitutes the legal, valid and binding obligation of the New Sponsor, enforceable against it in accordance with the terms hereof.

Appears in 10 contracts

Samples: Consortium Agreement, Consortium Agreement (Ctrip Com International LTD), Consortium Agreement (Ocean Imagination L.P.)

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