Common use of Legal, Valid and Binding Obligations Clause in Contracts

Legal, Valid and Binding Obligations. This Guarantee and the Leasing Document to which it is a party do now or will upon execution and delivery constitute the Guarantor’s legal, valid and binding obligations enforceable against it in accordance with its terms and any relevant insolvency laws affecting creditors’ rights generally.

Appears in 3 contracts

Samples: Top Ships Inc., Top Ships Inc., Top Ships Inc.

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Legal, Valid and Binding Obligations. This Guarantee and the Leasing Document to which it is a party do now or will upon execution and delivery constitute the Guarantor’s 's legal, valid and binding obligations enforceable against it in accordance with its terms and any relevant insolvency laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Top Ships Inc.

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