Common use of Due Authorization and Binding Obligation Clause in Contracts

Due Authorization and Binding Obligation. The Company has duly authorized the execution and delivery of this Agreement. This Agreement has been duly executed and delivered by the Company and, subject to regulatory approvals required after the execution of this Agreement in accordance with Applicable Law, constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms except insofar as such enforcement may be affected by bankruptcy, insolvency, moratorium and other laws affecting creditors’ rights generally.

Appears in 2 contracts

Samples: Guaranty Agreement, Wastewater Treatment System Operation and Maintenance Agreement

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Due Authorization and Binding Obligation. The Company has duly authorized the execution and delivery of this Agreement. This Agreement has been duly executed and delivered by the Company and, subject to regulatory approvals required after the execution of this Agreement in accordance with Applicable Law, and constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms except insofar as such enforcement may be affected by bankruptcy, insolvency, moratorium and or other similar laws affecting creditors’ rights generallyfrom time to time in effect and by equitable principles of general application.

Appears in 1 contract

Samples: Operation and Maintenance Agreement

Due Authorization and Binding Obligation. The Company has duly authorized the execution and delivery of this Agreement. This Agreement has been duly executed and delivered by the Company and, subject to regulatory approvals required after the execution of this Agreement in accordance with Applicable Law, and constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms except insofar as such enforcement may be affected by bankruptcy, insolvency, moratorium and other laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Sewer Conveyance and Franchise Agreement

Due Authorization and Binding Obligation. The Company has duly authorized the execution and delivery of this Agreement. This Agreement has been duly authorized, executed and delivered by all necessary corporate action of the Company and, subject to regulatory approvals required after the execution of this Agreement in accordance with Applicable Law, and constitutes the a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms terms, except insofar as such enforcement to the extent that its enforceability may be affected limited by bankruptcy, insolvency, moratorium and insolvency or other similar laws affecting creditors' rights generallyfrom time to time in effect.

Appears in 1 contract

Samples: Operation Service Agreement

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Due Authorization and Binding Obligation. The Company has duly authorized the execution and delivery of this Agreement. This Agreement has been duly authorized, executed and delivered by all necessary action of the Company and, subject to regulatory approvals required after the execution of this Agreement in accordance with Applicable Law, and constitutes the a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms terms, except insofar as such enforcement to the extent that its enforceability may be affected limited by bankruptcy, insolvency, moratorium and other laws affecting creditors’ rights generallythe Bankruptcy Code or by equitable principles of general application.

Appears in 1 contract

Samples: Commercial Waste Zones Award Agreement

Due Authorization and Binding Obligation. The Company has duly authorized the execution and delivery of this Agreement. This Agreement has been duly authorized, executed and delivered by all necessary corporate action of the Company and, subject to regulatory approvals required after the execution of this Agreement in accordance with Applicable Law, and constitutes the a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms terms, except insofar as such enforcement to the extent that its enforceability may be affected limited by constitutional, bankruptcy, insolvency, moratorium and insolvency or other similar laws affecting creditors' rights generally.from time to time in effect and by equitable principles of general application;

Appears in 1 contract

Samples: Design, Construction and Operating Agreement

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