Common use of 3Enforceability Clause in Contracts

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

Appears in 1 contract

Samples: Payment Interest Purchase Agreement (XOMA Corp)

AutoNDA by SimpleDocs

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

Appears in 1 contract

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

AutoNDA by SimpleDocs

3Enforceability. Each of the Transaction Documents has been duly executed and delivered by Seller, and constitutes a valid and binding obligation of Seller, enforceable against Seller in accordance with its terms, except as may be limited by general principles of equity (regardless of whether considered in a proceeding at law or in equity) and by applicable bankruptcy, insolvency, reorganization, moratorium and or 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)

Time is Money Join Law Insider Premium to draft better contracts faster.