Common use of Binding Obligation Clause in Contracts

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Seller enforceable in accordance with its terms.

Appears in 138 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2024-C), Sale and Servicing Agreement (CNH Equipment Trust 2024-C), Sale and Servicing Agreement (CNH Equipment Trust 2024-B)

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Binding Obligation. This Agreement constitutes is a legal, valid and binding obligation of the Seller Seller, enforceable in accordance with its terms.

Appears in 137 contracts

Samples: Purchase and Sale Agreement (Otis Gallery LLC), Purchase and Sale Agreement (Otis Gallery LLC), Purchase and Sale Agreement (Otis Gallery LLC)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Seller enforceable against it in accordance with its terms, subject to applicable insolvency, reorganization, moratorium, fraudulent transfer and other laws relating to or affecting creditors’ or secured parties’ rights generally from time to time in effect and to general principles of equity (including concepts of materiality, reasonableness, good faith and fair dealing), regardless of whether considered in a proceeding in equity or at law.

Appears in 65 contracts

Samples: Recovery Property Purchase and Sale Agreement (PACIFIC GAS & ELECTRIC Co), Recovery Property Purchase and Sale Agreement (PG&E Recovery Funding LLC), Recovery Property Purchase and Sale Agreement (PG&E Recovery Funding LLC)

Binding Obligation. This Agreement constitutes a is the legal, valid valid, and binding obligation of the Seller, enforceable against Seller enforceable in accordance with its terms.

Appears in 10 contracts

Samples: Business and Asset Purchase Agreement (B2Digital, Inc.), Agreement (B2Digital, Inc.), Asset Purchase Agreement (Digital Turbine, Inc.)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with its respective terms, except as such enforceability may be limited by Insolvency Laws and by general principles of equity (whether considered in a suit at law or in equity).

Appears in 5 contracts

Samples: Master Purchase and Sale Agreement (Ares Capital Corp), Sale and Contribution Agreement (Investcorp Credit Management BDC, Inc.), Sale, Contribution and Master Participation Agreement (Oxford Square Capital Corp.)

Binding Obligation. This As provided by the Sale Order, this Agreement constitutes a and the other instruments and documents specified herein constitute legal, valid and binding obligation obligations of the Seller Seller, enforceable in accordance with its their respective terms.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Zoom Telephonics Inc), Asset Purchase Agreement (Zoom Telephonics Inc)

Binding Obligation. This Purchase Agreement constitutes a legal, valid and binding obligation of Seller, enforceable in accordance with its terms; and each Document to be executed by Seller pursuant hereto, when executed and delivered in accordance with the Seller provisions hereof, shall be a valid and binding obligation of Seller, enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Share Purchase Agreement (Baltic International Usa Inc), Share Purchase Agreement (Baltic International Usa Inc)

Binding Obligation. This Agreement constitutes is a legal, valid and binding obligation of the Seller Buyer, enforceable against the Buyer in accordance with its termsterms and conditions. This Agreement in all terms and conditions binds both the Buyer and its successors.

Appears in 1 contract

Samples: Quota Purchase Agreement and Other Covenants (Afya LTD)

Binding Obligation. This Agreement constitutes a legal, the valid and legally binding obligation of the Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Winston Furniture Co of Alabama Inc)

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Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of the Seller, enforceable against Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Purchase Agreement (Otter Tail Ag Enterprises, LLC)

Binding Obligation. This Agreement constitutes a legal, ------------------ valid and binding obligation of the Seller enforceable in accordance with its terms.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

Binding Obligation. This Agreement constitutes a legal, valid and binding obligation of Seller, enforceable in accordance with its terms. Each document and instrument to be executed by Seller pursuant hereto, when executed and delivered in accordance with the Seller provisions hereof, shall be a valid and binding obligation of Seller, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Adams Outdoor Advertising LTD Partnership)

Binding Obligation. This Purchase Agreement constitutes a legal, valid and binding obligation of the Seller Seller, enforceable in accordance with its terms; and each Document to be executed by Seller pursuant hereto, when executed and delivered in accordance with the provisions hereof, shall be a valid and binding obligation of Seller, enforceable in accordance with its terms except as such enforcement may be limited by equitable principles.

Appears in 1 contract

Samples: Unit Purchase Agreement (Baltic International Usa Inc)

Binding Obligation. This Agreement constitutes a legalvalid and binding ------------------ obligation of Seller, enforceable in accordance with its terms. Each document and instrument to be executed by Seller pursuant hereto, when executed and delivered in accordance with the provisions hereof, shall be a valid and binding obligation of the Seller Seller, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Adams Outdoor Advertising Inc)

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