Common use of Capacity; Enforceability Clause in Contracts

Capacity; Enforceability. Each of the Kimco persons executing this Standstill Agreement has full capacity and authority, and corporate authority and capacity, as the case may be, to execute and deliver this Standstill Agreement. This Standstill Agreement has been duly and validly executed and delivered by and on behalf of each of them and constitutes a valid obligation of each of them, 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.