Common use of Enforceability of Facility Documents Clause in Contracts

Enforceability of Facility Documents. This Triple-A Purchase Agreement and each of the other Facility Documents to which the Seller is a party have been duly and validly executed and delivered by the Seller and constitute the legal, valid and binding obligation of the Seller enforceable in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency or similar laws relating to or affecting creditors' rights generally and by equitable principles.

Appears in 3 contracts

Samples: Lease Receivables Purchase Agreement (HPSC Inc), Lease Receivables Purchase Agreement (HPSC Inc), Lease Receivables Purchase Agreement (HPSC Inc)

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Enforceability of Facility Documents. This Triple-A Receivables Purchase Agreement and each of the other Facility Documents to which the Seller is a party have been duly and validly executed and delivered by the Seller and constitute the legal, valid and binding obligation of the Seller enforceable in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency or similar laws relating to or affecting creditors' ’ rights generally and by equitable principles.

Appears in 1 contract

Samples: Lease Receivables Purchase Agreement (HPSC Inc)

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