Common use of Binding Effect and Noncontravention Clause in Contracts

Binding Effect and Noncontravention. (a) Each Transaction Document to which Purchaser is a party constitutes, or when executed will constitute, a valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with their respective terms (subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and the availability of equitable remedies).

Appears in 3 contracts

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

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

Appears in 2 contracts

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

Binding Effect and Noncontravention. (a) Each Assuming due and valid authorization, execution and delivery by the other Parties, each Transaction Document to which Purchaser the Buyer is a party constitutes, or when executed will constitute, constitutes a valid and binding obligation of Purchaser, Buyer enforceable against Purchaser the Buyer in accordance with their respective terms (subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and the availability of equitable remedies)its terms.

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Stock Purchase Agreement (Lightpath Technologies Inc)

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

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Stock Purchase Agreement (Prestige Brands Holdings, Inc.)

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

Appears in 1 contract

Samples: Stock Purchase Agreement (Amedisys Inc)

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