Common use of Capacity; Enforceability Clause in Contracts

Capacity; Enforceability. ART has full trust authority and capacity to execute and deliver this Standstill Agreement. This Standstill Agreement has been duly and validly executed and delivered by and on behalf of ART and constitutes a valid obligation of ART, enforceable in accordance with its terms, except to the extent such enforceability may be limited by applicable insolvency, bankruptcy, reorganization or similar laws affecting the enforcement of creditors' rights generally and by general equity principles.

Appears in 7 contracts

Samples: Standstill Agreement (Atlantic Realty Trust), Standstill Agreement (Kimco Realty Corp), Standstill Agreement (Atlantic Realty Trust)

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