Common use of Legal, Valid and Binding Clause in Contracts

Legal, Valid and Binding. Upon execution by Guarantor of this Guaranty, the Guaranty shall constitute the legal, valid and binding obligation of Guarantor, enforceable against Guarantor in accordance with its respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, liquidation, reorganization and other laws affecting the rights of creditors generally and general principles of equity.

Appears in 5 contracts

Samples: Guaranty (Lodging Fund REIT III, Inc.), Guaranty (Lodging Fund REIT III, Inc.), Guaranty (Lodging Fund REIT III, Inc.)

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Legal, Valid and Binding. Upon execution by Guarantor of this Guaranty, the Guaranty shall constitute the legal, valid and binding obligation of Guarantor, enforceable against Guarantor in accordance with its respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, liquidation, reorganization and other laws affecting the rights of creditors generally and general principles of equity.. ​

Appears in 2 contracts

Samples: Guaranty (Lodging Fund REIT III, Inc.), Guaranty (Lodging Fund REIT III, Inc.)

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Legal, Valid and Binding. Upon execution by Guarantor of this Guaranty, the Guaranty shall constitute the legal, valid and binding obligation of Guarantor, enforceable against Guarantor in accordance with its respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, liquidation, reorganization and other laws affecting the rights of creditors generally and general principles of equity.. ​

Appears in 2 contracts

Samples: Guaranty (Lodging Fund REIT III, Inc.), Guaranty (Lodging Fund REIT III, Inc.)

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