Common use of Due Authorization and Binding Obligation Clause in Contracts

Due Authorization and Binding Obligation. This Agreement has been duly authorized, executed and delivered by all necessary company action of Contractor and constitutes a legal, valid and binding obligation of Contractor, enforceable against Contractor in accordance with its terms, except as the same may be limited by equitable principles or bankruptcy, insolvency or other similar laws affecting creditors' rights from time to time in effect.

Appears in 1 contract

Samples: Engineering, Procurement and Construction Services (Probex Corp)

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Due Authorization and Binding Obligation. This Agreement has been duly authorized, executed and delivered by all necessary company corporate action of Contractor the CONTRACTOR and constitutes a legal, valid and binding obligation of Contractorthe CONTRACTOR, enforceable against Contractor the CONTRACTOR in accordance with its terms, except as to the same extent that its enforceability may be limited by equitable principles or constitutional, bankruptcy, insolvency or other similar laws affecting creditors' rights from time to time in effect.effect and by equitable principles of general application;

Appears in 1 contract

Samples: And Waste Transportation Services Agreement

Due Authorization and Binding Obligation. This Agreement has been duly authorized, executed and delivered by all necessary company corporate action of the Contractor and constitutes a legal, valid and binding obligation of the Contractor, enforceable against the Contractor in accordance with its terms, except as to the same extent that its enforceability may be limited by the Bankruptcy Law or by equitable principles or bankruptcy, insolvency or other similar laws affecting creditors' rights from time to time in effectof general application.

Appears in 1 contract

Samples: Maintenance and Liability Transfer Agreement

Due Authorization and Binding Obligation. This The execution, delivery and performance of this Agreement has been duly authorized, executed and delivered authorized by all necessary company corporate action of Contractor and constitutes a legal, valid and binding obligation of Contractor, enforceable against Contractor in accordance with its terms, except as the same may be limited by equitable principles or subject to applicable laws of bankruptcy, insolvency or other similar laws affecting creditors' rights from time to time in effecteffect and by equitable principles of general application.

Appears in 1 contract

Samples: contratos.ocpr.gov.pr

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Due Authorization and Binding Obligation. The Contractor has duly authorized the execution and delivery of this Agreement. This Agreement has been duly authorized, executed and delivered by all necessary company action of the Contractor and constitutes a the legal, valid and binding obligation of the Contractor, enforceable against the Contractor in accordance with its terms, terms except insofar as the same such enforcement may be limited affected by equitable principles or bankruptcy, insolvency or insolvency, moratorium and other similar laws affecting creditors' ’ rights from time to time in effectgenerally.

Appears in 1 contract

Samples: Professional Services Agreement

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