Due Execution and Delivery; Enforceability. This Agreement and each of the Ancillary Agreements to which it is a party have been duly executed and delivered and are enforceable against Assignor in accordance with their terms, subject to the effect of bankruptcy, insolvency, reorganization, receivership, moratorium and other similar laws affecting the rights and remedies of creditors generally and, with respect to the enforceability of this Agreement or any such Ancillary Agreement, by general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity).
Appears in 10 contracts
Samples: Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Vi), Assignment and Assumption Agreement (Polaris Aircraft Income Fund Ii), Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iv)
Due Execution and Delivery; Enforceability. This Agreement and each of the Ancillary Agreements to which it is a party have been duly executed and delivered and are enforceable against Assignor Assignee in accordance with their terms, subject to the effect of bankruptcy, insolvency, reorganization, receivership, moratorium and other similar laws affecting the rights and remedies of creditors generally and, with respect to the enforceability of this Agreement or any such Ancillary Agreement, by general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity).
Appears in 6 contracts
Samples: Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iii), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Vi), Aircraft Purchase Agreement (Polaris Aircraft Income Fund Iii)
