Equitable Exceptions means, with respect to the enforceability of any obligation, that such obligation is subject to (a) applicable bankruptcy, insolvency, moratorium, receivership, assignment for the benefit of creditors or other similar state or federal laws affecting the rights and remedies of creditors generally (including, without limitation, fraudulent conveyance or transfer laws) and judicially developed doctrines in this area, such as equitable subordination and substantive consolidation of entities and (b) equitable principles (whether considered in a proceeding in equity or at law).

Equitable Exceptions has the meaning set forth in Section 4.2.

Equitable Exceptions has the meaning set forth in Section 3.3(c).

Examples of Equitable Exceptions in a sentence

This Agreement has been duly and validly executed and delivered by AbbVie and Acquirer Sub and, assuming this Agreement constitutes the valid and binding agreement of Allergan, constitutes the valid and binding agreement of AbbVie and Acquirer Sub, enforceable against AbbVie and Acquirer Sub in accordance with its terms, subject to the Equitable Exceptions.
Chokshi and Chokshi LLPChartered Accountants SECRETARIAL AUDITORM/s.
IBP has duly executed and delivered this Agreement, and it constitutes the legal, valid and binding obligation of IBP, enforceable against IBP in accordance with its terms, except as enforceability may be limited by the Equitable Exceptions.
Each of Parent and Merger Sub has duly and validly executed and delivered this Agreement and, assuming due authorization, execution and delivery by the Written Consent Parties, this Agreement constitutes its legal, valid and binding obligation of Parent and Merger Sub, enforceable against Parent and Merger Sub in accordance with its terms (subject to the Equitable Exceptions).
When each other Transaction Document to which Purchaser is or will be a party has been duly executed and delivered by Purchaser (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding obligation of Purchaser enforceable against it in accordance with its terms, except as enforceability may be limited by the Equitable Exceptions.

More Definitions of Equitable Exceptions

Equitable Exceptions shall have the meaning set forth in Section 3(a)(i) below.

Equitable Exceptions shall have the meaning specified in Section 3.6.

Equitable Exceptions has the meaning specified in Section 3.6. -----------

Equitable Exceptions means any limitations on the enforceability of obligations resulting from: (a) bankruptcy, insolvency, reorganization, moratorium or other requirements of Laws, Orders or equitable principles now or hereafter in effect relating to or affecting the enforcement of creditors’ rights or debtors’ obligations generally; and (b) as to the remedy of specific performance and injunctive and other forms of equitable relief, the imposition of equitable defenses and the discretion of a Governmental Entity before which any Proceeding therefor may be brought.

Equitable Exceptions means, collectively, (a) applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or similar laws from time to time in effect affecting generally the enforcement of creditors’ rights and remedies; and (b) general principles of equity.

Equitable Exceptions shall have the meaning ascribed to such term in Section 3.1(c).

Equitable Exceptions has the meaning given in Section 2.1.