Binding Transaction Clause Samples

Binding Transaction. The Investor has full power and authority (and if a corporation, full corporate power and authority) to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement constitutes the valid and legally binding obligation of the Investor, enforceable in accordance with its terms and conditions. The Investor further acknowledges that the Investor may not, except as may be specifically permitted by law, cancel, terminate or revoke this Agreement, and that this Agreement shall survive the death or disability of the Investor and shall be binding upon and inure to the benefit of the parties and their heirs, executors, administrators, successors, legal representatives and permitted assigns. If the Investor is more than one person, the obligations of the Investor shall be joint and several and the agreements, representations, warranties and acknowledgements herein contained shall be deemed to be made by and binding upon each of such persons and their heirs executors, administrators, successors, legal representatives and permitted assigns.
View Source
Binding Transaction. Once Counterparty and A1 have agreed to the terms of a sale or purchase, including (i) the asset being traded; (ii) the amount of the asset being traded; and (iii) the price per unit of the traded asset, the Trade Request shall be a binding Transaction for both Parties.
View Source
Binding Transaction. Any transaction put through by ZHANLIN for the Client pursuant to a facsimile or electronic instruction acted upon in good faith and in the absence of negligence default or fraud shall be binding upon the Client whether made with or without the Client’ s authority, knowledge or consent. The Client undertakes to indemnify ▇▇▇▇▇▇▇ and keep ▇▇▇▇▇▇▇ indemnified at all times against all actions, proceedings, claims, losses, damages, costs and expenses which may be brought against ▇▇▇▇▇▇▇ or suffered or incurred by ▇▇▇▇▇▇▇ and which shall have arisen either directly or indirectly out of or in connection with ▇▇▇▇▇▇▇ ’ s accepting facsimile or electronic instructions and acting thereon, whether or not the same are confirmed in writing by the Client.
View Source

Related to Binding Transaction

  • Binding Agreement This Agreement shall be binding and inure to the benefit of the Parties hereto and their respective heirs, legal successors, and assigns.

  • Valid Sale; Binding Obligation The Basic Documents constitute a valid sale, transfer and assignment to the Depositor of all right, title and interest of the Seller in the Receivables and the proceeds thereof. The Receivables will not be considered part of the Seller’s estate in the event of a bankruptcy of the Seller. This Agreement and the other Basic Documents to which the Seller is a party, when duly executed and delivered by the other parties hereto and thereto, shall constitute legal, valid and binding obligations of the Seller, enforceable against the Seller in accordance with their respective terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization and similar laws now or hereafter in effect relating to or affecting creditors’ rights generally and to general principles of equity (whether applied in a proceeding at law or in equity).