Common use of Duly Executed Clause in Contracts

Duly Executed. Seller represents and warrants to Purchaser that this Agreement has been duly executed and delivered by Seller and constitutes the legal, valid and binding obligation of Seller, enforceable against it in accordance with the terms hereof, subject, as to enforceability of remedies, to limitations imposed by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the enforcement of creditor’s rights generally and to general principles of equity.

Duly Executed. Seller Purchaser represents and warrants to Purchaser Seller that this Agreement has been duly executed and delivered by Seller Purchaser and constitutes the legal, valid and binding obligation of SellerPurchaser, enforceable against it in accordance with the terms hereof, subject, as to enforceability of remedies, to limitations imposed by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the enforcement of creditor’s rights generally and to general principles of equity.