Common use of Valid and Binding Agreement Clause in Contracts

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the legal, valid and binding obligations of the Buyer, enforceable against the Buyer in accordance with their respective terms, except to the extent limited by bankruptcy, insolvency, reorganization and other laws affecting creditors' rights generally, and except that the remedy of specific performance or similar equitable relief is available only at the discretion of the court before which enforcement is sought.

Appears in 2 contracts

Samples: Debts and Asset Purchase Agreement (Famous Fixins Inc), Settlement of Debts and Asset Purchase Agreement (Famous Fixins Inc)

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Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, a valid and legally binding obligations obligation of the Buyer, enforceable against the Buyer it in accordance with their respective terms, except to the extent that such enforceability may be limited by (a) applicable bankruptcy, insolvency, reorganization reorganization, moratorium, and other similar laws affecting creditors' rights generally, generally and except that (b) equitable principles which may limit the remedy availability of certain equitable remedies (such as specific performance or similar equitable relief is available only at the discretion of the court before which enforcement is soughtperformance) in certain instances.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Hallador Petroleum Co), Purchase and Sale Agreement (Georesources Inc)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by such Purchaser and constitutes the legal, valid and binding obligations obligation of the Buyersuch Purchaser, enforceable against the Buyer such Purchaser in accordance with their respective its terms, except to the extent except: (i) as limited by general equitable principles and applicable bankruptcy, insolvency, reorganization fraudulent transfer, reorganization, moratorium and other laws of general application affecting enforcement of creditors' rights generally, generally and except that (ii) as limited by laws relating to the remedy availability of specific performance performance, injunctive relief or similar other equitable relief is available only at the discretion of the court before which enforcement is soughtremedies.

Appears in 2 contracts

Samples: Exchange Agreement (Mannkind Corp), Exchange Agreement (Mannkind Corp)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this This Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the legalConveyance when executed will constitute, a valid and legally binding obligations obligation of the BuyerSeller, and will be enforceable against the Buyer it in accordance with their respective terms, except to the extent that such enforceability may be limited by (a) applicable bankruptcy, insolvency, reorganization reorganization, moratorium, and other similar laws affecting creditors' rights generally, generally and except that (b) equitable principles which may limit the remedy availability of certain equitable remedies (such as specific performance or similar equitable relief is available only at the discretion of the court before which enforcement is soughtperformance) in certain instances.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hallador Petroleum Co)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the legal, valid and binding obligations obligation of the Buyer, enforceable against the Buyer in accordance with their respective its terms, except to the extent limited by bankruptcy, insolvency, reorganization and other laws affecting creditors' rights generally, and except that the remedy of specific performance or similar equitable relief is available only at the discretion of the court entity before which enforcement is sought.

Appears in 1 contract

Samples: Stock Purchase Agreement (Perkinelmer Inc)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by such Purchaser constitutes the legal, valid and binding obligations of the Buyersuch Purchaser, enforceable against the Buyer such Purchaser in accordance with their respective its terms, except to the extent except: (i) as limited by general equitable principles and applicable bankruptcy, insolvency, reorganization fraudulent transfer, reorganization, moratorium and other laws of general application affecting enforcement of creditors' rights generally, generally and except that (ii) as limited by laws relating to the remedy availability of specific performance performance, injunctive relief or similar other equitable relief is available only at the discretion of the court before which enforcement is soughtremedies.

Appears in 1 contract

Samples: Exchange Agreement (Mannkind Corp)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this This Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the legalConveyance when executed will constitute, a valid and legally binding obligations obligation of the BuyerSeller, enforceable against the Buyer it in accordance with their respective terms, except to the extent that such enforceability may be limited by (a) applicable bankruptcy, insolvency, reorganization reorganization, moratorium, and other similar laws affecting creditors' rights generally, generally and except that (b) equitable principles which may limit the remedy availability of certain equitable remedies (such as specific performance or similar equitable relief is available only at the discretion of the court before which enforcement is soughtperformance) in certain instances.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Georesources Inc)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by such Purchaser and constitutes the legal, valid and binding obligations of the Buyersuch Purchaser, enforceable against the Buyer such Purchaser in accordance with their respective its terms, except to the extent (i) as limited by general equitable principles and applicable bankruptcy, insolvency, reorganization fraudulent transfer, reorganization, moratorium and other laws of general application affecting enforcement of creditors' rights generally, generally and except that (ii) as limited by laws relating to the remedy availability of specific performance performance, injunctive relief or similar other equitable relief is available only at the discretion of the court before which enforcement is soughtremedies.

Appears in 1 contract

Samples: Exchange Agreement (Mannkind Corp)

Valid and Binding Agreement. The Buyer has full legal rightSubject to the Shareholder Agreement, power and authority to execute and deliver this Agreement constitutes and to consummate the transactions contemplated hereby. This Agreement constitutes will constitute the legal, valid and binding obligations of the Buyer, enforceable against the Buyer in accordance with their respective terms, except to the extent that such enforceability may be limited by bankruptcy, insolvency, reorganization and other laws affecting creditors' rights generally, and except that the remedy of specific performance or similar equitable relief is available only at the discretion of the court before which enforcement is sought.

Appears in 1 contract

Samples: Stock Purchase Agreement (Schick Technologies Inc)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by such Purchaser and constitutes the legal, valid and binding obligations of the Buyersuch Purchaser, enforceable against the Buyer such Purchaser in accordance with their respective its terms, except to the extent except: (i) as limited by general equitable principles and applicable bankruptcy, insolvency, reorganization fraudulent transfer, reorganization, moratorium and other laws of general application affecting enforcement of creditors' rights generally, generally and except that (ii) as limited by laws relating to the remedy availability of specific performance performance, injunctive relief or similar other equitable relief is available only at the discretion of the court before which enforcement is soughtremedies.

Appears in 1 contract

Samples: Facility Agreement (Mannkind Corp)

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Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the legal, valid and binding obligations of the Buyer, enforceable against the Buyer in accordance with their respective terms, except to the extent that such enforceability may be limited by bankruptcy, insolvency, reorganization and other laws affecting creditors' rights generally, and except that the remedy of specific performance or similar equitable relief is available only at the discretion of the court before which enforcement is sought. The Buyer has taken all necessary company action to authorize its execution and delivery of this Agreement and the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bcam International Inc)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by Purchaser and constitutes the legal, valid and binding obligations obligation of the Buyer, Purchaser enforceable against the Buyer Purchaser in accordance with their respective its terms, except to the extent that the enforceability thereof may be limited by (A) applicable bankruptcy, insolvency, reorganization and other fraudulent conveyance, reorganization, moratorium or similar laws from time to time in effect affecting generally the enforcement of creditors' rights generally’ rights, and except that the remedy (B) general principles of specific performance or similar equitable relief is available only at the discretion of the court before which enforcement is soughtequity.

Appears in 1 contract

Samples: Patent Purchase Agreement (Durect Corp)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the legal, valid and binding obligations of the BuyerPurchaser, enforceable against the Buyer Purchaser in accordance with their respective its terms, except to the extent as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization and other reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally, generally and except that the remedy by general principles of specific performance or similar equitable relief is available only at the discretion of the court before which enforcement is soughtequity.

Appears in 1 contract

Samples: Asset Purchase Agreement (Greenman Technologies Inc)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, a valid and legally binding obligations obligation of the Buyer, enforceable against the Buyer it in accordance with their respective its terms, except to the extent as such enforceability may be limited by bankruptcy, insolvency, reorganization and moratorium or other similar laws affecting or relating to the enforcement of creditors' rights generally, generally and except the application of general principles of equity (regardless of whether that the remedy of specific performance enforceability is considered in a proceeding at law or similar equitable relief is available only at the discretion of the court before which enforcement is soughtin equity).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Eagle Rock Energy Partners L P)

Valid and Binding Agreement. The Buyer has full legal right, power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the legal, valid and binding obligations of the Buyer, enforceable against the Buyer in accordance with their respective its terms, except except, in each case, to the extent limited by bankruptcy, insolvency, reorganization and other laws affecting creditors' rights generally, and except that the remedy of specific performance or similar equitable relief is available only at the discretion of the court before which enforcement is sought.

Appears in 1 contract

Samples: Stock Purchase Agreement (Iteris, Inc.)

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