Legal, Valid, Binding and Enforceable. An opinion in respect of each party to the Operative Documents and this Agreement that each such document to which it is a party has been duly authorized, executed and delivered and constitutes the valid and legally binding obligation of each party, enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.
Legal, Valid, Binding and Enforceable. An opinion in respect of each party to the Transaction Documents (except for the Initial Purchaser) that each Transaction Document to which it is a party has been duly authorized, executed and delivered and constitutes the valid and legally binding obligations of such party, enforceable in accordance with its terms, subject to (i) bankruptcy, insolvency, reorganization, fraudulent transfer or conveyance, preference, moratorium, conservatorship and similar laws affecting creditors’ rights and remedies generally, (ii) general equity principles and (iii) public policy, applicable law relating to fiduciary duties and indemnification and contribution, principles of materiality and reasonableness and implied covenants of good faith and fair dealing.
Legal, Valid, Binding and Enforceable. Each of the Loan Documents to which the Borrower is a party constitutes the legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms.
Legal, Valid, Binding and Enforceable. This Agreement and the other agreements and instruments contemplated hereby constitute legal, valid and binding obligations of Seller and Trust, enforceable in accordance with their respective terms.
Legal, Valid, Binding and Enforceable. (a) the Agency Letters and the Agency Agreement constitute legal, valid, binding and enforceable obligations of the Issuer:
(b) upon due execution by or on behalf of the Issuer, the Issuing and Paying Agency Agreement (other than the Agency Letters and the Agency Agreement) will constitute legal, valid, binding and enforceable obligations of the Issuer;
(c) upon due execution by or on behalf of the Issuer, the Deed of Covenant will constitute legal, valid, binding and enforceable obligations of the Issuer;
(d) upon due execution by or on behalf of the Issuer, each Relevant Agreement will constitute legal, valid, binding and enforceable obligations of the Issuer; and
(e) upon due execution by or on behalf of the Issuer and due authentication and delivery, the Notes will constitute legal, valid, binding and enforceable obligations of the Issuer;
Legal, Valid, Binding and Enforceable. This Agreement constitutes and, upon due execution by the Issuer, the Transaction Documents to which it is a party will constitute and, upon due execution of the Bond Certificates by or on behalf of the Issuer and due authentication of the Bond Certificates, the Bonds will constitute legal, valid, binding and enforceable obligations of the Issuer save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.
Legal, Valid, Binding and Enforceable. Upon receipt of the Approvals provided for in Article XII, this Agreement and the other agreements and instruments contemplated hereby constitute legal, valid and binding obligations of TCID, enforceable in accordance with their respective terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general applicability.
Legal, Valid, Binding and Enforceable. Upon receipt of the Approval provided for in Article XII, this Agreement and the other agreements and instruments contemplated hereby constitute legal, valid and binding obligations of TMWA, enforceable in accordance with their respective terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general applicability.
Legal, Valid, Binding and Enforceable. An opinion in respect of each party to the Transaction Documents (except for the Initial Purchaser and the Placement Agent) that each Transaction Document to which it is a party has been duly authorized, executed and delivered and constitutes the valid and legally binding obligations of such party, enforceable in accordance with its terms, subject to (i) bankruptcy, insolvency, reorganization, fraudulent transfer or conveyance, preference, moratorium, conservatorship and similar laws affecting creditors’ rights and remedies generally, (ii) general equity principles and (iii) public policy, applicable law relating to fiduciary duties and indemnification and contribution, principles of materiality and reasonableness and implied covenants of good faith and fair dealing.
Legal, Valid, Binding and Enforceable. Each of the Loan Documents to which Mortgagor is a party constitutes the legal, valid and binding obligation of Mortgagor, enforceable against Mortgagor in accordance with its terms, except to the extent that its enforceability may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or similar laws affecting the enforceability of creditors' rights generally, or by equitable principles of general application (whether considered in an action at law or in equity).
