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Common use of Legality and Enforceability Clause in Contracts

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.

Appears in 1 contract

Samples: Stock Purchase Agreement (Shoneys Inc)

Legality and Enforceability. This Agreement has been duly executed and delivered by Seller Buyer and is the legal, valid and binding obligation of Seller, Buyer enforceable against Seller Buyer 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Private Business Inc)

Legality and Enforceability. This Agreement has been duly executed and delivered by Seller and is the legal, valid and binding obligation of Seller, 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Teamstaff Inc)

Legality and Enforceability. This Agreement has been duly executed and delivered by Seller Buyer and is the legal, valid and binding obligation of Seller, Buyer enforceable against Seller Buyer 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.

Appears in 1 contract

Samples: Stock Purchase Agreement (Shoneys Inc)

Legality and Enforceability. This Agreement has been duly executed and delivered by Seller Buyer and is the legal, valid and binding obligation of Seller, 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Private Business Inc)