Common use of Enforceability, etc Clause in Contracts

Enforceability, etc. Each Operative Document to which Lessor is a party constitutes the legal, valid and binding obligation of Lessor enforceable against it in accordance with the terms thereof, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles.

Appears in 4 contracts

Samples: Participation Agreement (Silicon Laboratories Inc), Participation Agreement (Silicon Laboratories Inc), Lease and Security Agreement (Lsi Logic Corp)

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Enforceability, etc. Each Operative Document to which Lessor is a party constitutes the legal, valid and binding obligation of Lessor enforceable against it in accordance with the terms thereof, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting the enforcement of creditors' rights generally and by general equitable principles.

Appears in 2 contracts

Samples: Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp)

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Enforceability, etc. Each Operative Document to which Lessor is or will be a party has been duly executed and delivered by Lessor and each such Operative Document to which Lessor is a party constitutes the constitutes, or upon execution and delivery will constitute, a legal, valid and binding obligation of Lessor enforceable against it Lessor in accordance with the terms thereof, except as such enforceability the same may be limited by applicable insolvency, bankruptcy, insolvency, reorganization, moratorium and similar reorganization or other laws relating to or affecting the enforcement of creditors' rights generally and or by general equitable principles.

Appears in 1 contract

Samples: Participation Agreement (Quantum Corp /De/)

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