Common use of Agreement Valid Clause in Contracts

Agreement Valid. This Agreement constitutes a valid and binding obligation of each of the Sellers enforceable against each of the Sellers in accordance with its terms. None of the Sellers is a party to, bound by or subject to any indenture, mortgage, lease, agreement, instrument, statute, regulation, order, judgment, decree or law which would be violated, contravened or breached by or under which any default would occur as a result of the execution and delivery by the Sellers of this Agreement or the performance by any of the Sellers of any of the terms thereof;

Appears in 2 contracts

Samples: Property Purchase and Sale Agreement, Horizon Property Purchase and Sale Agreement

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Agreement Valid. This Agreement constitutes a valid and binding obligation of each of the Sellers enforceable against each of the Sellers in accordance with its termsSeller. None of the Sellers The Seller is not a party to, bound by or subject to any indenture, mortgage, lease, agreement, instrument, statute, regulation, order, judgment, decree or law which would be violated, contravened or breached by by, or under which any default would occur as a result of of, the execution and delivery by the Sellers Seller of this Agreement or the performance by any of the Sellers Seller of any of the terms thereof;hereof.

Appears in 1 contract

Samples: Share Purchase Agreement

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Agreement Valid. This Agreement constitutes a valid and binding obligation of each of the Sellers Seller enforceable against each of the Sellers Seller in accordance with its terms. None of the Sellers The Seller is not a party to, bound by or subject to any indenture, mortgage, lease, agreement, instrument, statute, regulation, order, judgment, decree or law which would be violated, contravened or breached by or under which any default would occur as a result of the execution and delivery by the Sellers Seller of this Agreement or the performance by any of the Sellers Seller of any of the terms thereof;

Appears in 1 contract

Samples: Horizon Property Purchase and Sale Agreement

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