Execution and Binding Obligations Clause Samples

Execution and Binding Obligations. (a) This Agreement has been duly authorized, executed and delivered by the Purchaser and constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms, subject to Bankruptcy Laws, and will not violate or conflict with the constating documents of the Purchaser or the terms of any restriction or Contract to which the Purchaser is subject. (b) Each of the Transaction Agreements has been or will be duly authorized, executed and delivered by the Purchaser and such Affiliates (as applicable) that is or will be a party thereto and shall constitute a legal, valid and binding obligation of the Purchaser and each of its applicable Affiliates enforceable against such of them in accordance with its terms, subject to Bankruptcy Laws, and will not violate or conflict with the constating documents of the Purchaser and its applicable Affiliates or the terms of any restriction, agreement or undertaking to which the Purchaser or its applicable Affiliates is subject.

Execution and Binding Obligations. Each of this Agreement and the Release has been duly executed and delivered by the Vendor and constitutes a legal, valid and binding obligation of the Vendor enforceable against it in the accordance with its terms subject only to any limitation under applicable laws relating to (i) bankruptcy, winding-up, insolvency, arrangement and other similar laws of general application affecting the enforcement of creditors' rights, and (ii) the discretion that a court may exercise in granting equitable remedies such as specific performance;

Execution and Binding Obligations. The Underwriting Agreement and the Transaction Documents (indenture + guarantee + notes) have been duly executed by or on behalf of the Company and TCIL and constitutes legal, valid and binding obligations of the Company and TCIL, enforceable against the Company and TCIL.

Execution and Binding Obligations. The Document has been duly executed by or on behalf of the Company and constitutes legal, valid and binding obligations of the Company, enforceable against the Company.

Execution and Binding Obligations. All of the Transaction Documents to which the Corporation is a party have been (or will be) duly executed and delivered by the Corporation and constitute (or will constitute) legal, valid and binding obligations of the Corporation enforceable against the Corporation in accordance with their respective terms.

Execution and Binding Obligations. This Agreement has been duly authorized, executed and delivered by the Purchaser and constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms, subject to Bankruptcy Laws, and will not violate or conflict with the constating documents of the Purchaser or the terms of any restriction or Contract to which the Purchaser is subject.

Execution and Binding Obligations. The Transaction Documents to which the Companies are a party to have been duly executed by or on behalf of each of the Companies party thereto, as applicable, and each constitutes legal, valid and binding obligations of each of the Companies, as applicable, enforceable against each of the Companies, as applicable.

Execution and Binding Obligations. This Agreement and the other Credit Documents to which each Credit Party is a party have been duly executed and delivered, as the case may be, by it and constitute a legal, valid and binding obligation, enforceable against it in accordance with their respective terms, subject only to any limitation under applicable Laws, including those relating to (i) bankruptcy, winding-up, insolvency, arrangement, fraudulent preference and conveyance, assignment and preference and other similar laws of general application affecting the enforcement of creditors’ rights; and (ii) the discretion that a court may exercise in the granting of equitable remedies.