Common use of Binding Effect and Noncontravention Clause in Contracts

Binding Effect and Noncontravention. (a) Each Transaction Document to which such Seller is a party constitutes a valid and binding obligation of such Seller which is enforceable against such Seller in accordance with its terms, except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws affecting creditors’ rights generally, and (ii) applicable equitable principles (whether considered in a proceeding at law or in equity).

Appears in 3 contracts

Samples: Stock Purchase Agreement (McCormick & Co Inc), Stock Purchase Agreement (Amedisys Inc), Agreement and Plan of Merger (Hillman Companies Inc)

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Binding Effect and Noncontravention. (a) Each Transaction Document to This Agreement and each Ancillary Agreement which such each Seller is a party constitutes a valid and binding obligation of such Seller which is enforceable against such Seller in accordance with its terms, except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws Laws affecting creditors’ rights generally, and (ii) applicable equitable principles (whether considered in a proceeding at law or in equity).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Providence Service Corp), Agreement and Plan of Merger (Providence Service Corp)

Binding Effect and Noncontravention. (a) Each Transaction Document to which such the Seller is a party constitutes a valid and binding obligation of such the Seller which is enforceable against such the Seller in accordance with its termstheir respective terms (subject to applicable bankruptcy, except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws affecting creditors’ rights generally, generally and (ii) applicable the availability of equitable principles (whether considered in a proceeding at law or in equityremedies).

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (BioTelemetry, Inc.)

Binding Effect and Noncontravention. (a) Each This Agreement has been duly executed and delivered by Seller and constitutes, and each other Transaction Document to which such Seller is a party constitutes when executed and delivered will constitute, a valid and binding obligation of such Seller which is Seller, enforceable against such Seller in accordance with its terms, terms except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws affecting creditors’ rights generally, and (ii) applicable equitable principles (whether considered in a proceeding at law or in equity).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Communications Systems Inc), Securities Purchase Agreement (Lantronix Inc)

Binding Effect and Noncontravention. (a) Each Transaction Document to which such any Seller is a party constitutes a valid and binding obligation of such Seller which is enforceable against such Seller in accordance with its termstheir respective terms (subject to applicable bankruptcy, except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws affecting creditors’ rights generally, generally and (ii) applicable the availability of equitable principles (whether considered in a proceeding at law or in equityremedies).

Appears in 1 contract

Samples: Stock Purchase Agreement (CardioNet, Inc.)

Binding Effect and Noncontravention. (a) Each of the Transaction Document Documents to which such the Seller or Guarantor is a party constitutes a constitutes, or when executed will constitute, valid and binding obligation obligations of such the Seller which is and/or Guarantor, as applicable, enforceable against such Seller it in accordance with its terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, bankruptcyfraudulent conveyance, reorganization, moratorium or other similar laws Laws relating to or affecting the enforcement of creditors’ rights generally, and (ii) applicable equitable principles (whether considered in a proceeding at law or in equity).

Appears in 1 contract

Samples: Share Purchase Agreement (Ceragon Networks LTD)

Binding Effect and Noncontravention. (a) Each Transaction Document to which such Seller is a party constitutes constitutes, or when executed will constitute, a valid and binding obligation of such Seller which is enforceable against such Seller in accordance with its terms, except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws Laws affecting creditors’ rights generally, and (ii) applicable equitable principles (whether considered in a proceeding at law or in equity).

Appears in 1 contract

Samples: Purchase Agreement (Buckeye Partners L P)

Binding Effect and Noncontravention. (a) Each Transaction Document to which such Seller is a party constitutes a valid and binding obligation of such Seller which is enforceable against such Seller in accordance with its terms, except as such enforceability may be limited by by: (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws affecting creditors’ rights generally, ; and (ii) applicable equitable principles (whether considered in a proceeding at law or in equity).

Appears in 1 contract

Samples: Stock Purchase Agreement (Macquarie Infrastructure CO LLC)

Binding Effect and Noncontravention. (a) Each This Agreement has been duly executed and delivered by Seller and constitutes, and each other Transaction Document to which such Seller is a party constitutes when executed and delivered will constitute, a valid and binding obligation of such Seller which is Seller, enforceable against such Seller Seller, in accordance with its terms, terms except as such enforceability may be limited by by: (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws affecting creditors' rights generally, ; and (ii) applicable equitable principles (whether considered in a proceeding at law or in equity).

Appears in 1 contract

Samples: Asset Purchase Agreement (Heron Lake BioEnergy, LLC)

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Binding Effect and Noncontravention. (a) Each Transaction Document to which such the Seller or a Selling Affiliate is a party constitutes constitutes, or when executed will constitute, a valid and binding obligation of the Seller or such Seller which is Selling Affiliate enforceable against the Seller or such Seller Selling Affiliate in accordance with its terms, except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws Laws affecting creditors’ rights generally, and (ii) applicable equitable principles (whether considered in a proceeding at law Law or in equity).

Appears in 1 contract

Samples: Purchase Agreement (General Cable Corp /De/)

Binding Effect and Noncontravention. (a) Each This Agreement has been duly executed and delivered by Seller and constitutes, and each other Transaction Document to which such Seller is a party constitutes when executed and delivered will constitute, a valid and binding obligation of such Seller which is Seller, enforceable against such Seller Seller, in accordance with its terms, terms except as such enforceability may be limited by by: (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws affecting creditors’ rights generally, ; and (ii) applicable equitable principles (whether considered in a proceeding at law or in equity).

Appears in 1 contract

Samples: Asset Purchase Agreement (Advanced BioEnergy, LLC)

Binding Effect and Noncontravention. (a) Each Transaction Document to which such Seller is a party constitutes constitutes, or upon execution and delivery will constitute, a valid and binding obligation of such Seller which is Seller, enforceable against such Seller it in accordance with its terms, except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws affecting creditors’ rights generally, and (ii) applicable equitable principles (whether considered in a proceeding at law or in equity).

Appears in 1 contract

Samples: Stock Purchase Agreement (Directed Electronics, Inc.)

Binding Effect and Noncontravention. (a) Each Assuming due and valid authorization, execution and delivery by the Buyer, each Transaction Document to which such each Seller is a party constitutes constitutes, or when executed will constitute, a valid and binding obligation of such Seller which is enforceable against such Seller in accordance with its terms, except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium moratorium, or other similar laws Laws affecting creditors’ rights generally, generally and (ii) applicable equitable principles (whether considered in a proceeding at law Law or in equity).

Appears in 1 contract

Samples: Share Purchase Agreement (Mastech Digital, Inc.)

Binding Effect and Noncontravention. (a) Each Transaction Document to which such each Seller is a party constitutes constitutes, or when executed will constitute, a valid and binding obligation of such Seller which is enforceable against such Seller in accordance with its terms, except as such enforceability may be limited by (i) applicable insolvency, bankruptcy, reorganization, moratorium or other similar laws Laws affecting creditors’ rights generally, generally and (ii) applicable equitable principles (whether considered in a proceeding an Action or Proceeding at law Law or in equity).

Appears in 1 contract

Samples: Stock Purchase Agreement (Lightpath Technologies Inc)

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