Common use of Contemplated Transactions Clause in Contracts

Contemplated Transactions. This Agreement has been duly executed by the Buyer and constitutes the legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms, except to the extent that enforceability may be limited by bankruptcy, insolvency or other similar laws affecting creditors' rights generally.

Appears in 2 contracts

Samples: Stock Purchase and Sale Agreement (Dailey Petroleum Services Corp), Asset Purchase Agreement (Dailey Petroleum Services Corp)

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Contemplated Transactions. This Agreement has been duly executed and delivered by the Buyer and constitutes the a legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms, except to the extent that as enforceability may be limited by applicable bankruptcy, insolvency insolvency, reorganization, moratorium or other similar laws affecting from time to time in effect that affect creditors' ’ rights generallygenerally and by legal and equitable limitations on the availability of specific remedies. No further action is necessary on the part of Buyer to execute and deliver this Agreement or to consummate the Contemplated Transactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Stewart & Stevenson LLC)

Contemplated Transactions. This Agreement has been duly executed and delivered by the Buyer and constitutes the legal, its valid and binding obligation of the Buyerobligation, enforceable against the Buyer in accordance with its terms, except subject to the extent that enforceability may be limited by applicable bankruptcy, insolvency insolvency, reorganization or other similar laws affecting from time to time in effect which offset creditors' rights generallygenerally and general equitable principles.

Appears in 1 contract

Samples: 1 Stock Purchase Agreement (Chandler Usa Inc)

Contemplated Transactions. This Agreement has been duly executed by the Buyer and constitutes the legal, valid and legally binding obligation obligations of the Buyer, enforceable against the Buyer in accordance with its terms, except to the extent that enforceability as enforcement thereof may be limited by bankruptcy, insolvency insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws affecting the enforcement of creditors' rights generallyin general, or by general principles of equity.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ametek Inc/)

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Contemplated Transactions. This Agreement has been duly executed and delivered and, upon execution by the Buyer and constitutes the legalSeller, will constitute a valid and legally binding obligation of the BuyerPurchaser, enforceable against the Buyer Purchaser in accordance with its terms, except to the extent that enforceability may be (a) as limited by applicable bankruptcy, insolvency or insolvency, reorganization, moratorium, and other similar laws of general application affecting enforcement of creditors' rights generallygenerally and (b) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies.

Appears in 1 contract

Samples: Note and Stock Purchase Agreement (Cmgi Inc)

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