Legality and Enforceability. This Agreement has been duly executed and delivered by Seller and is the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms, subject to general principles of equity and to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws from time to time in effect affecting the enforcement of creditors' rights generally.
Legality and Enforceability. Subject to the legal reservations set forth in Schedule VII (Legal Reservations) each Transaction Document to which any Shareholder is a party constitutes or, when executed and delivered, will constitute, the legal, valid and binding obligation of such Shareholder enforceable in accordance with its terms, except as the enforceability thereof may be limited by (a) applicable bankruptcy, insolvency and other similar laws affecting creditors’ rights generally and (b) general equitable principles regardless of whether the issue of enforceability is considered in a proceeding in equity or at law.
Legality and Enforceability. Each Purchaser has the full legal right, power and authority to execute, deliver and carry out the terms of this Agreement, and this Agreement has been duly and validly executed and delivered by each Purchaser and constitutes the legal, valid and binding obligation of each Purchaser, enforceable against it in accordance with its terms.
Legality and Enforceability. Sxxxx has the full legal right, power and authority to execute, deliver and carry out the terms of this Agreement, and this Agreement has been duly and validly executed and delivered by Sxxxx and constitutes the legal, valid and binding obligation of Sxxxx, enforceable in accordance with its terms.
Legality and Enforceability. This Agreement has been duly executed and delivered by Seller and Subsidiary and is the legal, valid and binding obligation of Seller and Subsidiary, respectively, enforceable against Seller and Subsidiary, as the case may be, in accordance with its terms, subject to applicable bankruptcy laws and judicial limitations on the availability of equitable remedies.
Legality and Enforceability. 9.1 Notwithstanding that any provision of this Agreement may prove to be illegal or unenforceable the remaining provisions of this Agreement shall continue in full force and effect.
Legality and Enforceability. Assuming due execution and delivery thereof by each other party thereto, each Finance Document to which a Loan Party is a party constitutes or, when executed and delivered by such Loan Party and all other parties to the relevant Finance Document, will constitute, the legal, valid and binding obligation of such Loan Party enforceable in accordance with its terms, except as the enforceability thereof may be limited by (a) applicable 16 Credit and Guaranty Agreement (NextDecade LNG) bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws affecting creditors’ rights generally and (b) general equitable principles regardless of whether the issue of enforceability is considered in a proceeding in equity or at law.
Legality and Enforceability. This Agreement and each other Transaction Document to which it is a party constitute its legal, valid and binding obligations, enforceable against it in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the rights of creditors generally and by general principles of equity (regardless of whether enforcement thereof is sought in a proceeding at law or in equity).
Legality and Enforceability. 12 4.04 Litigation......................................................13 4.05
Legality and Enforceability. 5.1 Neither the execution, delivery nor performance of the Transaction Documents by the Company and the PRC Companies, nor the consummation of the proposed Transaction, will constitute a breach or violation of, or a default under, any of the terms or provisions of: • any Applicable Law, Government Approval or order of a court with relevant jurisdiction on the part of the Company, or the PRC Companies or any of their properties; • any agreement or instrument governed by Applicable Laws to which the Company, or the PRC Companies is party or by which the PRC Companies is bound or to which any property of the Company or the PRC Companies is subject; or • the Articles of Association of the PRC Companies.
5.2 Each of the Transaction Documents constitutes or, to the extent those are in draft form, will constitute after execution, a valid and legally binding obligation of the relevant parties, and is enforceable in accordance with its terms and conditions under current PRC laws and regulations.
5.3 None of the PRC Companies is in violation of its constituent documents or, to the best of our knowledge after due inquiry, in default in the performance or observance of any obligation, agreement, covenant or condition contained in any indenture, mortgage, trust deed, loan agreement, lease, agreement or instrument to which it is a party or by which it or any of its properties and assets may be bound.
5.4 The descriptions contained in the Transaction Documents that relate to the Applicable Laws are accurate and complete, and faithfully present the information required to be outlined in those sections.
