Common use of Authorization and Enforceability Clause in Contracts

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite action of the Purchaser. This Agreement constitutes the legal, valid and binding obligation of the Purchaser, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generally, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Petro River Oil Corp.), Securities Purchase Agreement (Petro River Oil Corp.)

Authorization and Enforceability. The execution, delivery and performance of this This Agreement and the transactions contemplated hereby have has been duly authorized, executed, and validly authorized delivered by all requisite action Purchaser, and, to the best of the Purchaser. This Agreement 's knowledge, constitutes the legal, valid valid, and binding obligation of the Purchaser, and is enforceable against Purchaser in accordance with its terms, subject, however, except to the effects of extent such enforceability may be limited by bankruptcy, reorganization, insolvency, reorganization, moratorium and other or similar laws for of general applicability governing the protection enforcement of the rights of creditors generally, as well as to or by the general principles of equity, equity (regardless of whether such enforceability is considered in a proceeding at law or in equity or at lawequity).

Appears in 2 contracts

Sources: Asset Purchase Agreement (NHP Retirement Housing Partners I LTD Partnership), Asset Purchase Agreement (Capital Senior Living Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite limited liability company action of the Purchaseron its part. This Agreement constitutes constitutes, and all agreements and instruments delivered by it pursuant hereto constitute, the legal, valid and binding obligation obligations of the Purchaserit, and is enforceable in accordance with its their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Asset Purchase Agreement (CNX Gas CORP), Asset Purchase Agreement (CNX Gas CORP)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite action of the Purchaseron Seller’s and Shareholder’s part. This Agreement constitutes the each of Seller’s and Shareholder’s legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Rio Vista Energy Partners Lp), Asset Purchase Agreement (Penn Octane Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement Agreement, and the transactions transaction contemplated hereby hereby, have been duly and validly authorized by all requisite necessary action on the part of the PurchaserBuyer. This Agreement constitutes the legal, valid and binding obligation of the PurchaserBuyer, and is enforceable in accordance with its terms, subject, however, to terms except as such enforceability may be limited by applicable bankruptcy or other similar laws affecting the effects of bankruptcy, insolvency, reorganization, moratorium rights and other laws for the protection remedies of creditors generally, generally as well as to general principles of equity, equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Amazing Energy Oil & Gas, Co.), Purchase and Sale Agreement (Amazing Energy Oil & Gas, Co.)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite action of the PurchaserPurchaser and its parent, if any. This Agreement constitutes the legal, valid and binding obligation of the Purchaser, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generally, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Stock Purchase Agreement (El Paso Production Holding Co), Securities Purchase Agreement (Chaparral Energy, Inc.)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby this Transaction have been duly and validly authorized by all requisite action on behalf of the PurchaserBuyer. This Agreement constitutes the Buyer’s legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Ausam Energy Corp), Purchase and Sale Agreement (Ausam Energy Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite limited liability company action of the Purchaseron its part. This Agreement constitutes the constitutes, and all agreements and instruments delivered by it pursuant hereto, constitute legal, valid and binding obligation of the Purchaserobligations upon it, and is enforceable in accordance with its their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Asset Purchase Agreement (CNX Gas CORP), Asset Purchase Agreement (CNX Gas CORP)

Authorization and Enforceability. The execution, delivery and performance of this This Agreement and the transactions contemplated hereby have has been duly authorized, executed and validly authorized delivered by all requisite action Purchase and constitutes ▇ ▇▇▇▇▇ ▇▇d legally binding agreement of the Purchaser. This Agreement constitutes the legal, valid and binding obligation of the Purchaser, and is enforceable in accordance with its terms, subject, however, subject to the effects of bankruptcy, insolvency, reorganization, moratorium reorganization and other laws for the protection of creditors generally, as well as general applicability relating to or affecting creditors’ rights and to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at lawequitable principles.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Maui General Store Inc), Membership Interest Purchase Agreement (Maui General Store Inc)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby Transaction have been duly and validly authorized by all requisite corporate action of the Purchaseron Buyer’s part. This Agreement constitutes the Buyer’s legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Teton Energy Corp), Purchase and Sale Agreement (PetroHunter Energy Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby this Transaction have been duly and validly authorized by all requisite action on behalf of the PurchaserBuyer. This Agreement constitutes the and all other documents executed by Buyer in connection with this Transaction constitute Buyer’s legal, valid and binding obligation of the Purchaserobligations, and is enforceable in accordance with its their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generally, and equitable principles which may limit the availability of certain equitable remedies (such as well as to general principles of equity, regardless whether such enforceability is considered specific performance) in a proceeding in equity or at lawcertain instances.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Arete Industries Inc), Purchase and Sale Agreement (Arete Industries Inc)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby this Transaction have been duly and validly authorized by all requisite action on behalf of the PurchaserBuyer. This Agreement and each other document executed by Buyer in connection with this Transaction constitutes the Buyer's legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generally, and equitable principles which may limit the availability of certain equitable remedies (such as well as to general principles of equity, regardless whether such enforceability is considered specific performance) in a proceeding in equity or at lawcertain instances.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Petroleum Development Corp), Purchase and Sale Agreement (Petroleum Development Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite action of the Purchaseron its part. This Agreement constitutes constitutes, and all agreements and instruments delivered by it pursuant hereto constitute, the legal, valid and binding obligation obligations of the Purchaserit, and is enforceable in accordance with its their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 2 contracts

Sources: Asset Exchange Agreement (CNX Gas CORP), Asset Purchase Agreement (CNX Gas CORP)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby Transaction have been duly and validly authorized by all requisite company action on behalf of the PurchaserBuyer. This Agreement constitutes the Buyer’s legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.. 11

Appears in 1 contract

Sources: Purchase and Sale Agreement (CorEnergy Infrastructure Trust, Inc.)

Authorization and Enforceability. The execution, delivery and performance of this Agreement Agreement, and the transactions transaction contemplated hereby hereby, have been duly and validly authorized by all requisite necessary action on the part of the Purchaser. This Agreement constitutes the legal, valid and binding obligation of the Purchaser, and is enforceable in accordance with its terms, subject, however, to terms except as such enforceability may be limited by applicable bankruptcy or other similar laws affecting the effects of bankruptcy, insolvency, reorganization, moratorium rights and other laws for the protection remedies of creditors generally, generally as well as to general principles of equity, equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Inform Worldwide Holdings Inc)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby Transaction have been duly and validly authorized by all requisite action on behalf of the PurchaserBuyer. This Agreement constitutes the Buyer’s legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Viking Energy Group, Inc.)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite corporate action of the Purchaseron Buyer's part. This Agreement constitutes the Buyer's legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Kansas City Power & Light Co)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite action actions of the PurchaserSeller. This Agreement constitutes the legal, valid and binding obligation of the PurchaserSeller, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Stock Purchase Agreement (Questar Market Resources Inc)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby and the Agreements attached as Exhibits B and C hereto have been duly and validly authorized by all requisite action of the Purchaser. This Agreement constitutes These Agreements constitute the legal, valid and binding obligation of the Purchaser, and is are enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Membership Interest Purchase Agreement (Teton Petroleum Co)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby by Buyer have been duly and validly authorized by all requisite action on the part of the Purchaser. This Agreement constitutes the legal, valid and binding obligation of the PurchaserBuyer, and is this Agreement and all other agreements, instruments and documents referred to herein or contemplated hereby and executed by Buyer constitute valid, binding and enforceable obligations of Buyer in accordance with its their terms, subject, however, subject to the effects enforcement of involuntary bankruptcy, insolvency, reorganization, moratorium reorganization and other laws for the protection of general applicability relating to or affecting creditors generally, as well as rights' and to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at lawequitable principles.

Appears in 1 contract

Sources: Stock Purchase Agreement (Walnut Financial Services Inc)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby by Purchaser have been duly authorized and validly authorized approved by all requisite action necessary action, including approval of the Purchaser’s board of managers or equivalent governing authority. This Agreement constitutes the legal, valid and binding obligation of the Purchaser, and is enforceable against Purchaser in accordance with its terms, subject, however, to the effects of except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws and other laws for the protection of creditors generally, as well as subject to general principles of equity, equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Sources: Aircraft Purchase Agreement (Bridger Aerospace Group Holdings, Inc.)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby Transaction have been duly and validly authorized by all requisite action on behalf of the PurchaserBuyer. This Agreement constitutes the Buyer's legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Bill Barrett Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby by this Agreement have been duly and validly authorized by all requisite corporate action on behalf of the PurchaserBuyer. This Agreement constitutes the Buyer’s legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Hyperdynamics Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite corporate action of the Purchaseron its part. This Agreement constitutes the legal, valid and binding obligation of the PurchaserBuyer, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Bill Barrett Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have by Buyer has been duly and validly authorized by all requisite necessary corporate action on the part of the Purchaser. This Agreement Buyer, and constitutes the a legal, valid and binding obligation of the Purchaser, and is Buyer enforceable against Buyer in accordance with its terms, subject, however, to the effects of except as such enforceability may be limited by: (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally; and other laws for the protection of creditors generally, as well as to (ii) general principles of equity, equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Sources: Stock Purchase Agreement (Ultrapetrol Bahamas LTD)

Authorization and Enforceability. The execution, delivery and performance of this Agreement Agreement, the payment of the Purchase Price and the other transactions contemplated hereby have been duly and validly authorized by all requisite action on behalf of the PurchaserBuyer and this Agreement has been duly executed and delivered by Buyer. This Agreement constitutes the legal, valid and binding obligation of the PurchaserBuyer, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Asset Purchase and Sale Agreement (Plains Exploration & Production Co)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite limited liability company action of the Purchaseron Buyer’s part. This Agreement constitutes the constitutes, and all agreements and instruments delivered by Buyer pursuant hereto constitute, legal, valid and binding obligation of the Purchaserobligations upon Buyer, and is enforceable in accordance with its their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Asset Purchase Agreement (CNX Gas CORP)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite action of the PurchaserPurchaser and Questar Corporation. This Agreement constitutes the legal, valid and binding obligation of the Purchaser, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Stock Purchase Agreement (Questar Market Resources Inc)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby this Transaction have been duly and validly authorized by all requisite action on behalf of the PurchaserBuyer. This Agreement constitutes the and each other document executed by Buyer in connection with this Transaction constitute Buyer’s legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generally, and equitable principles which may limit the availability of certain equitable remedies (such as well as to general principles of equity, regardless whether such enforceability is considered specific performance) in a proceeding in equity or at lawcertain instances.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Teton Energy Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement (and the transactions contemplated hereby have been that of any agreement executed by Seller pursuant hereto) is duly and validly authorized by all requisite action of the Purchaser. This authorized, and this Agreement has been duly executed and delivered and constitutes the legal, valid and binding obligation of the PurchaserSeller, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Purchase and Sale Agreement (PetroHunter Energy Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite corporate action of the Purchaserin its part. This Agreement constitutes the legal, valid and binding obligation of the PurchaserBuyer, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Ring Energy, Inc.)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby this Transaction have been duly and validly authorized by all requisite action pursuant to the governing documents of the PurchaserBuyer. This Agreement and each other document executed by Buyer in connection with this Transaction constitutes the Buyer’s legal, valid and binding obligation of the Purchaserobligation, and is enforceable against Buyer in accordance with its their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generally, and equitable principles which may limit the availability of certain equitable remedies (such as well as to general principles of equity, regardless whether such enforceability is considered specific performance) in a proceeding in equity or at lawcertain instances.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Synergy Resources Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby by Seller have been duly authorized and validly authorized approved by all requisite action of the Purchasernecessary corporate action. This Agreement constitutes the legal, valid and binding obligation of the PurchaserSeller, and is enforceable against Seller in accordance with its terms, subjectexcept as enforceability may be limited by applicable bankruptcy, however, to the effects of bankruptcyexaminership, insolvency, reorganization, moratorium and or other similar laws for of general application affecting the protection rights of creditors generally, as well as to generally or by general principles of equity, equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Appears in 1 contract

Sources: Aircraft Purchase Agreement (Bridger Aerospace Group Holdings, Inc.)

Authorization and Enforceability. The execution, delivery and performance of this Agreement (and the transactions contemplated hereby have been that of any agreement executed by Seller pursuant hereto) is duly and validly authorized by all requisite corporate action on behalf of the Purchaser. This Agreement Seller, has been duly executed and delivered and constitutes the legal, valid and binding obligation of the PurchaserSeller, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Hyperdynamics Corp)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby Transaction have been duly and validly authorized by all requisite corporate action on behalf of the PurchaserBuyer. This Agreement constitutes the Buyer’s legal, valid and binding obligation of the Purchaserobligation, and is enforceable in accordance with its terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other similar laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Western Gas Partners LP)

Authorization and Enforceability. The execution, delivery and performance of this Agreement and the transactions contemplated hereby have been duly and validly authorized by all requisite corporate action of the Purchaseron its part. This Agreement constitutes the constitutes, and all agreements and instruments delivered by it pursuant hereto, constitute legal, valid and binding obligation of the Purchaserobligations upon it, and is enforceable in accordance with its their respective terms, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium and other laws for the protection of creditors generallycreditors, as well as to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Appears in 1 contract

Sources: Asset Exchange Agreement (CNX Gas CORP)