Enforceability of Facility Documents. Each of the Facility Documents to which the Issuer is a party has been duly and validly executed and delivered by the Issuer and constitutes the legal, valid and binding obligation of the Issuer, enforceable against the Issuer in accordance with its respective terms, except as enforceability may be subject to or limited by Debtor Relief Laws or by general principles of equity (whether considered in a suit at law or in equity).
Appears in 5 contracts
Samples: Indenture and Servicing Agreement (Travel & Leisure Co.), Indenture and Servicing Agreement (Wyndham Destinations, Inc.), Indenture and Servicing Agreement (Wyndham Worldwide Corp)
Enforceability of Facility Documents. Each of the Facility Documents to which the Issuer is a party has have been duly and validly executed and delivered by the Issuer and constitutes constitute the legal, valid and binding obligation of the Issuer, enforceable against the Issuer in accordance with its their respective terms, except as enforceability may be subject to or limited by Debtor Relief Laws or by general principles of equity (whether considered in a suit at law or in equity).
Appears in 3 contracts
Samples: Master Indenture and Servicing Agreement (Cendant Corp), Master Indenture and Servicing Agreement (Wyndham Worldwide Corp), Master Indenture and Servicing Agreement (Cendant Corp)
Enforceability of Facility Documents. Each of the Facility Documents to which the Issuer is a party has been duly and validly executed and delivered by the Issuer and constitutes the legal, valid and binding obligation of the Issuer, enforceable against the Issuer in 44 accordance with its respective terms, except as enforceability may be subject to or limited by Debtor Relief Laws or by general principles of equity (whether considered in a suit at law or in equity).
Appears in 1 contract
Samples: Indenture and Servicing Agreement (Travel & Leisure Co.)
Enforceability of Facility Documents. Each of the Facility Documents to ------------------------------------ which the Issuer is a party has have been duly and validly executed and delivered by the Issuer and constitutes constitute the legal, valid and binding obligation of the Issuer, enforceable against the Issuer in accordance with its their respective terms, except as enforceability may be subject to or limited by Debtor Relief Laws or by general principles of equity (whether considered in a suit at law or in equity).
Appears in 1 contract
Samples: Pledge and Servicing Agreement (Fairfield Communities Inc)