Common use of Valid and Binding Agreements Clause in Contracts

Valid and Binding Agreements. The Lessee Operative Agreements have been duly authorized, executed and delivered by Lessee and, assuming the due authorization, execution and delivery thereof by the other party or parties thereto, constitute the legal, valid and binding obligations of Lessee and are enforceable against Lessee in accordance with the respective terms thereof, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, receivership, moratorium and other similar Laws affecting the rights of creditors generally and general principles of equity, whether considered in a proceeding at law or in equity.

Appears in 18 contracts

Samples: Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)

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Valid and Binding Agreements. The Lessee Operative Agreements have been duly authorized, executed executed, and delivered by Lessee andLessee, and (assuming the their due authorization, execution execution, and delivery thereof by the other party or parties thereto, ) constitute the legal, valid valid, and binding obligations of Lessee and are enforceable against Lessee in accordance with the respective terms thereoftheir terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, receivership, moratorium and other similar Laws affecting the rights of creditors generally and general principles of equity, whether considered in a proceeding at law or in equity.

Appears in 4 contracts

Samples: Note Purchase Agreement (Airtran Holdings Inc), Participation Agreement (Amtran Inc), Participation Agreement (Amtran Inc)

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Valid and Binding Agreements. The Closing Lessee Operative Agreements to have been duly authorized, executed and delivered by Lessee and, assuming the due authorization, execution and delivery thereof by the other party or parties thereto, constitute the legal, valid and binding obligations of Lessee and are enforceable against Lessee in accordance with the respective terms thereof, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, receivership, moratorium and other similar Laws affecting the rights of creditors generally and general principles of equity, whether considered in a proceeding at law or in equity.

Appears in 1 contract

Samples: Lease Agreement (Republic Airways Holdings Inc)

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