Binding Obligation of Buyer. Assuming due authorization, execution and delivery by each other party hereto, this Agreement and all of the obligations of Buyer hereunder are the legal, valid and binding obligations of Buyer, enforceable in accordance with the terms of this Agreement, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors’ rights generally and by general equity principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).
Appears in 5 contracts
Samples: Loan Sale Agreement, Mortgage Loan Sale Agreement (Resource Real Estate Opportunity REIT, Inc.), Loan Sale Agreement (KBS Strategic Opportunity REIT, Inc.)
Binding Obligation of Buyer. Assuming due authorization, execution and delivery by each other party hereto, this Agreement and all of the obligations of Buyer hereunder are the legal, valid and binding obligations of Buyer, enforceable in accordance with the terms of this Agreement, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors’ ' rights generally and by general equity principles (regardless of whether such enforcement is considered in a proceeding in equity or at law).
Appears in 3 contracts
Samples: Loan Sale Agreement (CS Financing CORP), Loan Sale Agreement (Digital Creative Development Corp), Loan Sale Agreement (American Insured Mortgage Investors Series 85 L P)
