Common use of Enforceability of Obligations Clause in Contracts

Enforceability of Obligations. This Agreement constitutes a valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms subject, however, to limitations on enforcement imposed by bankruptcy, insolvency, reorganization or other laws affecting creditors' rights generally and to the extent that equitable remedies such as specific performance and injunctions are only available in the discretion of the court from which they are sought.

Appears in 10 contracts

Samples: Share Purchase Agreement (Capital Environmental Resource Inc), Share Purchase Agreement (E Auction Global Trading Inc), Share Purchase Agreement (Hyperion Solutions Corp)

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Enforceability of Obligations. This Agreement constitutes a valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms subject, however, to limitations on enforcement imposed by bankruptcy, insolvency, reorganization or other laws affecting creditors' the enforcement of the rights generally of creditors or others and to the extent that equitable remedies such as specific performance and injunctions are only available in the discretion of the court from which they are sought.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Lucy Scientific Discovery, Inc.), Asset Purchase Agreement (Lucy Scientific Discovery, Inc.), Asset Purchase and Assumption Reinsurance Agreement (Union Security Insurance Co)

Enforceability of Obligations. This Agreement constitutes a valid and binding obligation of the Purchaser enforceable against the Purchaser it in accordance with its terms terms, subject, however, to limitations on with respect to enforcement imposed by bankruptcy, insolvency, reorganization law in connection with bankruptcy or other laws affecting creditors' rights generally similar proceedings and to the extent that equitable remedies such as specific performance and injunctions injunction are only available in the discretion of the court from which they are sought. THE PURCHASER SPECIFICALLY WARRANTS THAT IT HAS THE FINANCIAL RESOURCES AND ABILITY TO COMPLETE THE PURCHASE CONTEMPLATED BY THIS AGREEMENT.

Appears in 2 contracts

Samples: Share Purchase Agreement (Laser Master International Inc), Share Purchase Agreement (Internet Cable Corp)

Enforceability of Obligations. This Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms subject, however, to limitations on enforcement imposed by bankruptcy, insolvency, reorganization or other laws affecting creditors' the enforcement of the rights generally of creditors or others and to the extent that equitable remedies such as specific performance and injunctions are only available in the discretion of the court from which they are sought.

Appears in 1 contract

Samples: Asset Purchase Agreement (Si Diamond Technology Inc)

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Enforceability of Obligations. This Agreement constitutes a valid and binding obligation of the Purchaser enforceable against the Purchaser it in accordance with its the terms of this Agreement, subject, however, to limitations on with respect to enforcement imposed by bankruptcy, insolvency, reorganization law in connection with bankruptcy or other laws affecting creditors' rights generally similar proceedings and to the extent that equitable remedies such as specific performance and injunctions injunction are only available in the discretion of the court from which they are sought.

Appears in 1 contract

Samples: Share Purchase Agreement (Noble International LTD)

Enforceability of Obligations. This Agreement constitutes a valid and binding obligation of the Purchaser enforceable against the Purchaser it in accordance with its the terms hereof, subject, however, to limitations on with respect to enforcement imposed by bankruptcy, insolvency, reorganization law in connection with bankruptcy or other laws affecting creditors' rights generally similar proceedings and to the extent that equitable remedies such as specific performance and injunctions injunction are only available in the discretion of the court from which they are sought.

Appears in 1 contract

Samples: Share Purchase Agreement (Bio One Corp)

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