Agreements Enforceable. This Agreement and the Purchase Agreement constitute the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).
Appears in 6 contracts
Samples: Loan Purchase and Servicing Agreement (First International Bancorp Inc), Receivables Purchase Agreement (Fidelity Leasing Inc), Loan Purchase and Servicing Agreement (First International Bancorp Inc)
Agreements Enforceable. This Agreement and each of the Purchase Agreement Sale Papers to which the Seller is a party constitute the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).
Appears in 5 contracts
Samples: Purchase and Sale Agreement (American Capital Strategies LTD), Purchase and Sale Agreement (American Capital Strategies LTD), Purchase and Sale Agreement (American Capital Strategies LTD)
Agreements Enforceable. This Agreement and the Purchase Agreement other Transaction Documents to which such Seller is a party constitute the legal, valid and binding obligation of the such Seller enforceable against the such Seller in accordance with their respective terms, except as such enforceability may be limited by applicable Insolvency Laws and except as such enforceability may be limited by general principles of equity (regardless of whether such enforceability is considered in a suit at law proceeding in equity or in equitylaw).
Appears in 2 contracts
Samples: Sale and Contribution Agreement (Bluegreen Corp), Sale and Contribution Agreement (Bluegreen Corp)
Agreements Enforceable. This Agreement and the Purchase Agreement ---------------------- constitute the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Bankvest Capital Corp), Loan Purchase and Servicing Agreement (First International Bancorp Inc)
Agreements Enforceable. This Agreement and the Purchase Agreement constitute the each other Sale Document constitutes a legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective its terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally, (ii) general principles of equity (equity, regardless of whether considered in a suit proceeding in equity or at law or in equity)(iii) implied covenants of good faith and fair dealing.
Appears in 2 contracts
Samples: Purchase and Contribution Agreement (Monroe Capital Income Plus Corp), Purchase and Contribution Agreement (Monroe Capital Income Plus Corp)
Agreements Enforceable. This Agreement and the Purchase Agreement constitute each Sale Document constitutes the legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).
Appears in 2 contracts
Samples: Purchase and Sale Agreement (GSC Investment Corp.), Purchase and Sale Agreement (GSC Investment Corp.)
Agreements Enforceable. This Agreement and the Purchase Agreement constitute the each other Sale Document constitutes a legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective its terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally or general principles of equity (equity, regardless of whether considered in a suit Proceeding in equity or at law or in equity)law.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Garrison Capital LLC)
Agreements Enforceable. This Agreement constitutes, and the Purchase Agreement constitute each other Transaction Document when executed and delivered will constitute, the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with their respective terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).
Appears in 1 contract
Samples: Receivables Purchase Agreement (American Business Financial Services Inc /De/)
Agreements Enforceable. This Agreement and the Purchase Agreement constitute the each other Sale Document constitutes a legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective its terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally or general principles of equity (equity, regardless of whether considered in a suit proceeding in equity or at law or in equity)law.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (PennantPark Floating Rate Capital Ltd.)
Agreements Enforceable. This Agreement and the Purchase Agreement constitute the each other Sale Document constitutes a legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective its terms, except as such enforceability may be limited by Insolvency Laws and except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally or general principles of equity (equity, regardless of whether considered in a suit proceeding in equity or at law or in equity)law.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (PennantPark Floating Rate Capital Ltd.)
Agreements Enforceable. This Agreement and the Purchase Agreement constitute the each other Sale Document constitutes a legal, valid and binding obligation of the Seller Seller, enforceable against the Seller in accordance with their respective its terms, except as such enforceability may be limited by Insolvency applicable bankruptcy, insolvency, reorganization, moratorium or other similar Laws and except as such enforceability may be limited by affecting creditors’ rights generally or general principles of equity (equity, regardless of whether considered in a suit proceeding in equity or at law or in equity)law.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Main Street Capital CORP)