Common use of Execution and Enforceability Clause in Contracts

Execution and Enforceability. This Agreement has been duly and validly executed and delivered by the Purchaser and constitutes a valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to or affecting enforcement of creditors’ rights generally and general principles of equity.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Ruger William B Jr), Sale and Purchase Agreement (Sturm Ruger & Co Inc)

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Execution and Enforceability. This Agreement has been duly and validly executed and delivered by the Purchaser Buyer and constitutes when duly authorized, executed and delivered by Seller, this Agreement will constitute a legal, valid and binding obligation of the PurchaserBuyer, enforceable against the Purchaser in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to or affecting enforcement of creditors’ rights generally and general principles of equity.

Appears in 2 contracts

Samples: Loan Sale Agreement, Loan Sale Agreement (Resource America Inc)

Execution and Enforceability. This this Agreement has been duly and validly executed and delivered by the Purchaser and constitutes a valid legal, valid, binding and binding enforceable obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws of general application relating to or affecting enforcement of creditors’ rights generally and general principles of equity.;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Barnwell Industries Inc)

Execution and Enforceability. This Agreement has been duly and validly executed and delivered by the Purchaser and constitutes a the valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject assuming the due execution and delivery of this Agreement by Seller and except to applicable the extent that such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium and fraudulent conveyance or other similar laws of general application relating to or affecting the enforcement of creditors’ rights generally and general principles of equityequitable principles.

Appears in 1 contract

Samples: Stock Purchase Agreement (Broadcaster Inc)

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Execution and Enforceability. This Agreement has been duly and validly executed and delivered by the Purchaser Buyer and constitutes a valid and binding obligation of the Purchaser, Buyer enforceable against the Purchaser in accordance with its terms, subject to applicable the enforcement of equitable remedies, bankruptcy, insolvency, reorganization, moratorium and similar other laws affecting the rights of general application relating to or affecting enforcement of creditors’ rights creditors generally and general principles the judicial limitations of equitythe performance of the remedy of specific performance.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mackinac Financial Corp /Mi/)

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