Common use of Authority Relative to Agreement Clause in Contracts

Authority Relative to Agreement. This Agreement has been duly executed and delivered by the City and constitutes a legal, valid and binding obligation of the City, enforceable in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, or other laws affecting the enforcement of creditor’s rights generally, or by judicial discretion in connection with the application of equitable remedies.

Appears in 21 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement, Redevelopment Agreement

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Authority Relative to Agreement. This Agreement has been duly executed and delivered by the City and constitutes a legal, valid and binding obligation of the City, enforceable in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, or other laws affecting the enforcement of creditor’s =s rights generally, or by judicial discretion in connection with the application of equitable remedies.

Appears in 2 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement

Authority Relative to Agreement. This Agreement has been duly executed and delivered by the City and constitutes a legal, valid and binding obligation of the City, enforceable in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, or other laws affecting the enforcement enforce- ment of creditor’s rights generally, or by judicial discretion in connection with the application of equitable remedies.

Appears in 2 contracts

Samples: Lincoln Redevelopment Agreement, Lincoln Redevelopment Agreement

Authority Relative to Agreement. This Amended Agreement has been duly executed and delivered by the City and constitutes a legal, valid and binding obligation of the City, enforceable in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, or other laws affecting the enforcement of creditor’s rights generally, or by judicial discretion in connection with the application of equitable remedies.

Appears in 1 contract

Samples: Correction Agreement

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Authority Relative to Agreement. This Agreement has been duly executed and delivered by the City and constitutes a legal, valid and binding obligation of the City, enforceable against City in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, reorganization or other laws affecting the enforcement of creditor’s 's rights generally, or by judicial discretion in connection with the application of equitable remedies. Following the Site Assembly Closing Date the City will be the owner of the Redevelopment Site and no other persons will have any interest in such real estate, except as set forth in this Agreement.

Appears in 1 contract

Samples: Downtown Entertainment Center

Authority Relative to Agreement. This Agreement has been duly executed and delivered by the City and constitutes a legal, valid and binding obligation of the City, enforceable against City in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, reorganization or other laws affecting the enforcement of creditor’s rights generally, or by judicial discretion in connection with the application of equitable remedies. The City is the owner of the City Property and no other persons have any interest in such real estate, except as set forth in this Agreement.

Appears in 1 contract

Samples: Redevelopment Agreement

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