Common use of 3Enforceability Clause in Contracts

3Enforceability. The Transaction Documents have been duly executed and delivered by the Seller and constitutes the valid and legally binding obligation of the Seller, enforceable in accordance with its terms, except as may be limited by applicable Bankruptcy Laws or by general principles of equity (whether considered in a proceeding in equity or at law).

Appears in 1 contract

Samples: Revenue Participation Right Purchase and Sale Agreement (Coherus BioSciences, Inc.)

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3Enforceability. The Each of the Transaction Documents have has been duly executed and delivered by the Seller Buyer, and constitutes the a valid and legally binding obligation of the SellerBuyer, enforceable against Buyer in accordance with its terms, except as may be limited by applicable Bankruptcy Laws or by general principles of equity (regardless of whether considered in a proceeding at law or in equity equity) and by applicable bankruptcy, insolvency, moratorium and other similar laws of general application relating to or at law)affecting creditors’ rights generally.

Appears in 1 contract

Samples: Payment Interest Purchase Agreement (XOMA Corp)

3Enforceability. The Each of the Transaction Documents have has been duly executed and delivered by the Seller Seller, and constitutes the a valid and legally binding obligation of the Seller, enforceable against Seller in accordance with its terms, except as may be limited by applicable Bankruptcy Laws or by general principles of equity (regardless of whether considered in a proceeding at law or in equity equity) and by applicable bankruptcy, insolvency, reorganization, moratorium or at law)other similar laws of general application relating to or affecting creditors’ rights generally, general equitable principles and principles of public policy.

Appears in 1 contract

Samples: Payment Interest Purchase Agreement (XOMA Corp)

3Enforceability. The Each of the Transaction Documents have has been duly executed and delivered by the Seller Seller, and constitutes the a valid and legally binding obligation of the Seller, enforceable against Seller in accordance with its terms, except as may be limited by applicable Bankruptcy Laws or by general principles of equity (regardless of whether considered in a proceeding at law or in equity equity) and by applicable bankruptcy, insolvency, moratorium and other similar laws of general application relating to or at law)affecting creditors’ rights generally.

Appears in 1 contract

Samples: Payment Interest Purchase Agreement (XOMA Corp)

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3Enforceability. The Each of the Transaction Documents have has been duly executed and delivered by the Seller Buyer, and constitutes the a valid and legally binding obligation of the SellerBuyer, enforceable against Buyer in accordance with its terms, except as may be limited by applicable Bankruptcy Laws or by general principles of equity (regardless of whether considered in a proceeding at law or in equity equity) and by applicable bankruptcy, insolvency, reorganization, moratorium or at law)other similar laws of general application relating to or affecting creditors’ rights generally, general equitable principles and principles of public policy.

Appears in 1 contract

Samples: Payment Interest Purchase Agreement (XOMA Corp)

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