Common use of Enforceable Obligation Clause in Contracts

Enforceable Obligation. This Agreement constitutes the valid and legally binding obligation of the Acquired Company and the Acquired Company Shareholders, enforceable against each of them in accordance with this Agreement's terms.

Appears in 2 contracts

Samples: Stock Exchange Agreement (Great Bear Investments Inc), Stock Exchange Agreement (Security Biometrics Inc)

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Enforceable Obligation. This Agreement constitutes the valid and legally binding obligation of the Acquired Company Acquiree Corporation and the Acquired Company ShareholdersSellers, enforceable against each of them in accordance with this Agreement's termsits terms except as enforcement may be limited by applicable laws of bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors rights generally, and to general equitable principles.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (March Indy International Inc)

Enforceable Obligation. This Agreement constitutes the valid valid, legal and legally binding obligation of the Acquired Company Acquiree Corporations and the Acquired Company ShareholdersSellers, enforceable against each of them in accordance with this Agreement's its terms, except as enforcement may be limited by applicable bankruptcy, insolvency or other laws of general application relating to or affecting creditors rights generally, and to general equitable principles.

Appears in 1 contract

Samples: Merger Agreement (Infoamerica Inc)

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Enforceable Obligation. This Agreement constitutes the valid and legally binding obligation of the Acquired Company and the Acquired Company ShareholdersCompany, enforceable against each of them it in accordance with this Agreement's terms.

Appears in 1 contract

Samples: Stock Exchange Agreement (Calendar Capital Inc)

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