Common use of Legal validity Clause in Contracts

Legal validity. The execution and delivery of this Amendment Agreement by the Issuer and compliance by the Issuer with its obligations hereunder: (a) are within the corporate powers of the Issuer; and (b) are legal and do not conflict with, result in any breach of, constitute a default under, or result in the creation of any Lien upon any Property of the Issuer under the provisions of: (i) any charter instrument or bylaw to which the Issuer is a party or by which the Issuer or any of its Property may be bound; (ii) any order, judgment, decree or ruling of any court, arbitrator or governmental authority applicable to the Issuer or its Property; or (iii) any agreement or instrument to which the Issuer is a party or by which the Issuer or any of its Property may be bound or any statute or other rule or regulation of any governmental authority applicable to the Issuer or its Property, except where such conflict, breach or default could not reasonably be expected to have a Material Adverse Effect. This Amendment Agreement has been duly authorized by all necessary action on the part of the Issuer, has been executed and delivered by a duly authorized officer of the Issuer, and constitutes a legal, valid and binding obligation of the Issuer, enforceable in accordance with its terms, except that enforceability may be limited by applicable bankruptcy, reorganization, arrangement, insolvency, moratorium, or other similar laws affecting the enforceability of creditors’ rights generally and subject to the availability of equitable remedies.

Appears in 8 contracts

Samples: Smithfield Foods Inc, Smithfield Foods Inc, Smithfield Foods Inc

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Legal validity. The execution and delivery of this Amendment Agreement by the Issuer and compliance by the Issuer with its obligations hereunder: (a) are within the corporate powers of the Issuer; and (b) are legal and do not conflict with, result in any breach of, constitute a default under, or result in the creation of any Lien upon any Property of the Issuer under the provisions of: (i) any charter instrument or bylaw to which the Issuer is a party or by which the Issuer or any of its Property may be bound; (ii) any order, judgment, decree or ruling of any court, arbitrator or governmental authority applicable to the Issuer or its Property; or (iii) any agreement or instrument to which the Issuer is a party or by which the Issuer or any of its Property may be bound or any statute or other rule or regulation of any governmental authority applicable to the Issuer or its Property, except where such conflict, breach or default could not reasonably be expected to have a Material Adverse Effect. This Amendment Agreement has been duly authorized by all necessary action on the part of the Issuer, has been executed and delivered by a duly authorized officer of the Issuer, and constitutes a legal, valid and binding obligation of the Issuer, enforceable in accordance with its terms, except that enforceability may be limited by applicable bankruptcy, reorganization, arrangement, insolvency, moratorium, or other similar laws affecting the enforceability of creditors' rights generally and subject to the availability of equitable remedies.

Appears in 4 contracts

Samples: Smithfield Foods Inc, Smithfield Foods Inc, Smithfield Foods Inc

Legal validity. The execution and delivery of this Amendment Agreement by the Issuer and compliance by the Issuer with its obligations hereunder: (a) are within the corporate powers powers, of the Issuer; and (b) are legal and do not conflict with, result in any breach of, constitute a default under, or result in the creation of any Lien upon any Property of the Issuer under the provisions of: (i) any charter instrument or bylaw to which the Issuer is a party or by which the Issuer or any of its Property may be bound; (ii) Annex 1-2 any order, judgment, decree or ruling of any court, arbitrator or governmental authority applicable to the Issuer or its Property; or (iii) any agreement or instrument to which the Issuer is a party or by which the Issuer or any of its Property may be bound or any statute or other rule or regulation of any governmental authority applicable to the Issuer or its Property, except where such conflict, breach or default could not reasonably be expected to have a Material Adverse Effect. This Amendment Agreement has been duly authorized by all necessary action on the part of the Issuer, has been executed and delivered by a duly authorized officer of the Issuer, and constitutes a legal, valid and binding obligation of the Issuer, enforceable in accordance with its terms, except that enforceability may be limited by applicable bankruptcy, reorganization, arrangement, insolvency, moratorium, or other similar laws affecting the enforceability of creditors' rights generally and subject to the availability of equitable remedies.

Appears in 1 contract

Samples: Smithfield Foods Inc

Legal validity. The execution and delivery of this Amendment Agreement by the Issuer and compliance by the Issuer with its obligations hereunder: (a) are within the corporate powers powers, of the Issuer; and (b) are legal and do not conflict with, result in any breach of, constitute a default under, or result in the creation of any Lien upon any Property of the Issuer under the provisions of: (i) any charter instrument or bylaw to which the Issuer is a party or by which the Issuer or any of its Property may be bound; (ii) any order, judgment, decree or ruling of any court, arbitrator or governmental authority applicable to the Issuer or its Property; or (iii) any agreement or instrument to which the Issuer is a party or by which the Issuer or any of its Property may be bound or any statute or other rule or regulation of any governmental authority applicable to the Issuer or its Property, except where such conflict, breach or default could not reasonably be expected to have a Material Adverse Effect. This Amendment Agreement has been duly authorized by all necessary action on the part of the Issuer, has been executed and delivered by a duly authorized officer of the Issuer, and constitutes a legal, valid and binding obligation of the Issuer, enforceable in accordance with its terms, except that enforceability may be limited by applicable bankruptcy, reorganization, arrangement, insolvency, moratorium, or other similar laws affecting the enforceability of creditors' rights generally and subject to the availability of equitable remedies.

Appears in 1 contract

Samples: Smithfield Foods Inc

Legal validity. Annex 1-2 The execution and delivery of this Amendment Agreement by the Issuer and compliance by the Issuer with its obligations hereunder: (a) are within the corporate powers powers, of the Issuer; and (b) are legal and do not conflict with, result in any breach of, constitute a default under, or result in the creation of any Lien upon any Property of the Issuer under the provisions of: (i) any charter instrument or bylaw to which the Issuer is a party or by which the Issuer or any of its Property may be bound; (ii) any order, judgment, decree or ruling of any court, arbitrator or governmental authority applicable to the Issuer or its Property; or (iii) any agreement or instrument to which the Issuer is a party or by which the Issuer or any of its Property may be bound or any statute or other rule or regulation of any governmental authority applicable to the Issuer or its Property, except where such conflict, breach or default could not reasonably be expected to have a Material Adverse Effect. This Amendment Agreement has been duly authorized by all necessary action on the part of the Issuer, has been executed and delivered by a duly authorized officer of the Issuer, and constitutes a legal, valid and binding obligation of the Issuer, enforceable in accordance with its terms, except that enforceability may be limited by applicable bankruptcy, reorganization, arrangement, insolvency, moratorium, or other similar laws affecting the enforceability of creditors' rights generally and subject to the availability of equitable remedies.

Appears in 1 contract

Samples: Smithfield Foods Inc

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Legal validity. The execution and delivery of this Amendment Waiver Agreement by each of the Issuer Companies and compliance by the Issuer them with its their obligations hereunder: (a) are within the corporate powers of the Issuerrespective Companies; and (b) are legal and do not conflict with, result in any breach of, constitute a default under, or result in the creation of any Lien upon any Property of the Issuer either Company under the provisions of: (i) any charter instrument or bylaw to which the Issuer either Company is a party or by which the Issuer either Company or any of its Property may be bound; (ii) any order, judgment, decree or ruling of any court, arbitrator or governmental authority Governmental Authority applicable to the Issuer either Company or its Property; or (iii) any agreement or instrument to which the Issuer either Company is a party or by which the Issuer either Company or any of its Property may be bound or any statute or other rule or regulation of any governmental authority Governmental Authority applicable to the Issuer either Company or its Property, except where such conflict, breach or default could not reasonably be expected to have a Material Adverse Effect. This Amendment Waiver Agreement has been duly authorized by all necessary action on the part of the IssuerCompanies, has been executed and delivered by a duly authorized officer of the IssuerCompanies, and constitutes a legal, valid and binding obligation of each of the Issuer, Companies enforceable in accordance with its terms, except that enforceability may be limited by applicable bankruptcy, reorganization, arrangement, insolvency, moratorium, or other similar laws affecting the enforceability of creditors' rights generally and subject to the availability of equitable remedies.

Appears in 1 contract

Samples: Note Agreement (Rite Aid Corp)

Legal validity. The execution and delivery of this Amendment Agreement by each of the Issuer Companies and compliance by the Issuer them with its their obligations hereunder: (a) are within the corporate powers of the Issuerrespective Companies; and (b) are legal and do not conflict with, result in any breach of, constitute a default under, or result in the creation of any Lien upon any Property of the Issuer either Company under the provisions of: (i) any charter instrument or bylaw to which the Issuer either Company is a party or by which the Issuer either Company or any of its Property may be bound; (ii) any order, judgment, decree or ruling of any court, arbitrator or governmental authority Governmental Authority applicable to the Issuer either Company or its Property; or (iii) any agreement or instrument to which the Issuer either Company is a party or by which the Issuer either Company or any of its Property may be bound or any statute or other rule or regulation of any governmental authority Governmental Authority applicable to the Issuer either Company or its Property, except where such conflict, breach or default could not reasonably be expected to have a Material Adverse Effect. This Amendment Agreement has been duly authorized by all necessary action on the part of the IssuerCompanies, has been executed and delivered by a duly authorized officer of the IssuerCompanies, and constitutes a legal, valid and binding obligation of each of the Issuer, Companies enforceable in accordance with its terms, except that enforceability may be limited by applicable bankruptcy, reorganization, arrangement, insolvency, moratorium, or other similar laws affecting the enforceability of creditors' rights generally and subject to the availability of equitable remedies.

Appears in 1 contract

Samples: Guaranty Agreement (Rite Aid Corp)

Legal validity. The execution and delivery of this Amendment Agreement by each of the Issuer Companies and compliance by the Issuer them with its their obligations hereunder: (a) are within the corporate powers of the Issuerrespective Companies; and (b) are legal and do not conflict with, result in any breach of, constitute a default under, or result in the creation of any Lien upon any Property of the Issuer either Company under the provisions of: (i) any charter instrument or bylaw to which the Issuer either Company is a party or by which the Issuer either Company or any of its Property may be bound; (ii) any order, judgmentjudgement, decree or ruling of any court, arbitrator or governmental authority Governmental Authority applicable to the Issuer either Company or its Property; or (iii) any agreement or instrument to which the Issuer either Company is a party or by which the Issuer either Company or any of its Property may be bound or any statute or other rule or regulation of any governmental authority Governmental Authority applicable to the Issuer either Company or its Property, except where such conflict, breach or default could not reasonably be expected to have a Material Adverse Effect. This Amendment Agreement has been duly authorized by all necessary action on the part of the IssuerCompanies, has been executed and delivered by a duly authorized officer of the IssuerCompanies, and constitutes a legal, valid and binding obligation on each of the Issuer, Companies enforceable in accordance with its terms, except that enforceability may be limited by applicable bankruptcy, reorganization, arrangement, insolvency, moratorium, or other similar laws affecting the enforceability of creditors' rights generally and subject to the availability of equitable remedies.

Appears in 1 contract

Samples: Note Agreement (Rite Aid Corp)

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