Common use of Legality, etc Clause in Contracts

Legality, etc. This Agreement constitutes the legal, valid and binding obligation of each of Resources and Finance Co., enforceable against Resources or Finance Co., as the case may be, in accordance with its terms except to the extent limited by bankruptcy, insolvency or reorganization laws or by other laws relating to or affecting the enforceability of creditors' rights generally and by general equitable principles which may limit the right to obtain equitable remedies.

Legality, etc. This Agreement constitutes the legal, valid and -------------- binding obligation of each of Resources and Finance Co., enforceable against Resources or Finance Co., as the case may be, in accordance with its terms except to the extent limited by bankruptcy, insolvency or reorganization laws or by other laws relating to or affecting the enforceability of creditors' rights generally and by general equitable principles which may limit the right to obtain equitable remedies.