Common use of Enforceability of Operative Agreements Clause in Contracts

Enforceability of Operative Agreements. At or before the Closing Date and on each settlement date, each of the Operative Agreements will have been duly authorized, executed and delivered by the EQT Entities party thereto and, assuming due authorization by the other parties thereto (other than an EQT Entity), will be a valid and legally binding agreement of such EQT Entities, enforceable against such parties in accordance with its terms; provided, that, with respect to each agreement described in this Section 1(y), the enforceability thereof may be limited by (A) bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws relating to or affecting creditors’ rights generally and by general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law) and (B) public policy, any applicable law relating to fiduciary duties and indemnification and an implied covenant of good faith and fair dealing.

Enforceability of Operative Agreements. At or before the Closing Date and on each settlement dateapplicable Delivery Date, each of the Operative Agreements will have been duly authorized, executed and delivered by the EQT Partnership Entities party thereto and, assuming the due authorization authorization, execution and delivery by the other parties thereto (other than an EQT a Partnership Entity), will be a valid and legally binding agreement agreements of each such EQT EntitiesPartnership Entity party thereto, enforceable against such parties Partnership Entity party thereto in accordance with its terms; provided, that, with respect to each agreement described in this Section 1(y)such agreement, the enforceability thereof may be limited by (A) applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws relating to or affecting creditors’ rights and remedies generally and by general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law) and (B) public policy, any applicable law relating to fiduciary duties and indemnification and an implied covenant of good faith and fair dealing.

Enforceability of Operative Agreements. At or before the Closing Date and on each settlement date, each of the Operative Agreements will have been duly authorized, executed and delivered by the EQT VTTI Entities party thereto and, assuming due authorization by the other parties thereto (other than an EQT a VTTI Entity), will be constitute a valid and legally binding agreement of such EQT VTTI Entities, enforceable against such parties in accordance with its terms; provided, that, with respect to each agreement described in this Section 1(y)Operative Agreement, the enforceability thereof may be limited by (A) bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws relating to or affecting creditors’ rights generally and by general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law) and (B) public policy, any applicable law relating to fiduciary duties and indemnification and an implied covenant of good faith and fair dealing.