Common use of Binding Effect and Noncontravention Clause in Contracts

Binding Effect and Noncontravention. (a) This Agreement has been duly executed and delivered by Parent and Buyer and constitutes, and each other Transaction Document to which Parent or Buyer is a party when executed and delivered will constitute, a valid and binding obligation of Buyer or Parent, as applicable, enforceable against Parent or Buyer, as applicable 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).

Binding Effect and Noncontravention. (a) This Agreement has been duly executed and delivered by Parent and Buyer Purchaser and constitutes, and each other Transaction Document to which Parent or Buyer Purchaser is a party when executed and delivered will constitute, a valid and binding obligation of Buyer or Parent, as applicablePurchaser, enforceable against Parent or Buyer, as applicable Purchaser 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).

Binding Effect and Noncontravention. (a) This Agreement has been duly executed and delivered by Parent and Buyer and constitutes, and each other Transaction Document to which Parent or Buyer is a party when executed and delivered will constitute, a valid and binding obligation of Buyer or Parent, as applicable, enforceable against Parent or BuyerParent, as applicable 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).

Binding Effect and Noncontravention. (a) This Agreement has been duly executed and delivered by Parent and Buyer and constitutes, and each other Transaction Document to which Parent or Buyer is a party when executed and delivered will constitute, a valid and binding obligation of Buyer or Parent, as applicable, enforceable against Parent or Buyer, as applicable Buyer 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).

Binding Effect and Noncontravention. (a) This Agreement has been duly executed and delivered by Parent each of Seller and Buyer Shareholder and constitutes, and each other Transaction Document to which Parent Seller or Buyer Shareholder is a party when executed and delivered will constitute, a valid and binding obligation of Buyer or ParentSeller and Shareholder, as applicable, enforceable against Parent or BuyerSeller and Shareholder, as applicable applicable, 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).

Binding Effect and Noncontravention. (a) This Agreement has been duly executed and delivered by each of Buyer and Parent and Buyer and constitutes, and each other Transaction Document to which Buyer or Parent or Buyer is a party when executed and delivered will constitute, a valid and binding obligation of Buyer or and Parent, as applicable, enforceable against Parent or BuyerBuyer and Parent, as applicable applicable, 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).