Common use of Binding Obligations Clause in Contracts

Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.

Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.

Binding Obligations. This Agreement is Agreement, when duly executed and delivered by the other parties hereto, constitutes a legal, valid valid, and binding obligation of the Depositor enforceable against the Depositor in accordance with its terms, subject to except as the effect of enforceability hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ ' rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.

Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ ' rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.

Binding Obligations. This Agreement is a Agreement, when duly executed and delivered, shall constitute legal, valid and binding obligation obligations of the Depositor enforceable against the Depositor in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium reorganization or other similar laws affecting the enforcement of creditors’ ' rights generally and by general equitable principleslimitations on the availability of specific remedies, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.

Binding Obligations. This Agreement is a Agreement, when duly executed and delivered, shall constitute legal, valid and binding obligation obligations of the Depositor enforceable against the Depositor in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium reorganization or other similar laws affecting the enforcement of creditors’ rights generally and by general equitable principleslimitations on the availability of specific remedies, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.

Binding Obligations. This Agreement is Agreement, when duly executed and delivered by the other parties hereto, constitutes a legal, valid valid, and binding obligation of the Depositor enforceable against the Depositor in accordance with its terms, subject to except as the effect of enforceability hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.

Binding Obligations. This Agreement is constitutes a legal, valid valid, and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ ' rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.

Binding Obligations. This Agreement is Agreement, when duly executed and delivered by the other parties hereto, constitutes a legal, valid valid, and binding obligation of the Depositor enforceable against the Depositor in accordance with its terms, subject to except as the effect of enforceability hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to or affecting creditors’ ' rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.

Binding Obligations. This Agreement is Agreement, when duly executed and delivered by the other parties hereto, constitutes a legal, valid valid, and binding obligation of the Depositor enforceable against the Depositor in accordance with its terms, subject to except as the effect of enforceability hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to or affecting creditors’ rights generally in general and by general equitable principlesprinciples of equity, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.

Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, 7 (Nissan 2005-B insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.

Binding Obligations. This Agreement is a legal, valid and binding obligation of the Depositor enforceable in accordance with its terms, subject to the effect of bankruptcy, 7 (Nissan 2006-A insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and by general equitable principles, regardless of whether such enforceability shall be considered in a proceeding in equity or law.

Binding Obligations. This Agreement is a Agreement, when duly executed and delivered, shall constitute legal, valid and binding obligation obligations of the Depositor enforceable against the Depositor in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium reorganization or other similar laws affecting the enforcement of creditors’ ' rights generally and by general be equitable principleslimitations on the availability of specific remedies, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.

Binding Obligations. This Agreement is a Agreement, when duly executed and delivered, shall constitute legal, valid and binding obligation obligations of the Depositor enforceable against the Depositor in accordance with its terms, subject to the effect of except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium reorganization or other similar laws affecting creditors’ the enforcement of creditors rights generally and by general equitable principleslimitations on the availability of specific remedies, regardless of whether such enforceability shall be is considered in a proceeding in equity or at law.