Common use of Enforceability of Facility Documents Clause in Contracts

Enforceability of Facility Documents. This Agreement, the Sale Agreement and each other Facility Document to be delivered by the Seller in connection herewith constitute the legal, valid and binding obligations of the Seller enforceable against the Seller in accordance with their respective terms, subject to the Enforceability Exceptions.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (At&t Wireless Services Inc), Receivables Purchase Agreement (At&t Wireless Services Inc)

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Enforceability of Facility Documents. This Agreement, the Sale Agreement and each ------------------------------------ other Facility Document to be delivered by the Seller in connection herewith constitute the legal, valid and binding obligations obligation of the Seller enforceable against the Seller in accordance with their respective terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Lease Receivables Purchase Agreement (Bankvest Capital Corp)

Enforceability of Facility Documents. This Agreement, the Sale Agreement and each other Facility Document to be delivered by the Seller in connection herewith constitute the legal, valid and binding obligations obligation of the Seller enforceable against the Seller in accordance with their respective termsterms subject, subject as to the Enforceability Exceptionsenforcement of remedies, to bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting the enforceability of creditors' rights generally applicable in the event of the bankruptcy, insolvency or reorganization of the Seller and to general principles of equity.

Appears in 1 contract

Samples: Asset Purchase Agreement (Litchfield Financial Corp /Ma)

Enforceability of Facility Documents. This Agreement, the Sale Agreement and each other Facility Document Documents to be delivered by the Seller in connection herewith constitute the legal, valid and binding obligations of the Seller enforceable against the Seller in accordance with their respective terms, subject except as enforceability may be limited by bankruptcy, insolvency or similar laws relating to the Enforceability Exceptionsor affecting creditors’ rights generally and by equitable principles.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (HPSC Inc)

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Enforceability of Facility Documents. This Agreement, the Sale Agreement and each other Facility Document to be delivered by the Seller in connection herewith constitute the legal, valid and binding obligations obligation of the Seller enforceable against the Seller in accordance with their respective terms, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Receivables Purchase Agreement (TRW Inc)

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