Common use of Binding Effect and Counterparts Clause in Contracts

Binding Effect and Counterparts. It is understood and agreed that this Amendment shall not be binding upon any of the parties hereto until all of the parties hereto shall have executed and delivered the same. This Amendment may be executed in multiple counterparts, each of which shall be deemed an original and all of which shall constitute one agreement, and the signature of any party to any counterpart shall be deemed to be a signature to, and may be appended to, any other counterpart. Delivery of an executed counterpart of this Amendment by facsimile shall be equally as effective as delivery of a manually executed counterpart of this Amendment. Any party delivering an executed counterpart of this Amendment by facsimile also shall deliver a manually executed counterpart of this Amendment, but failure to deliver a manually executed counterpart shall not affect the validity, enforceability and binding effect of this Amendment.

Appears in 16 contracts

Samples: Stock Subscription Agreement (Paragon Real Estate Equity & Investment Trust), Restricted Share Agreement (Paragon Real Estate Equity & Investment Trust), Restricted Share Agreement (Paragon Real Estate Equity & Investment Trust)

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