Common use of Obligation of the Company or Sellers Clause in Contracts

Obligation of the Company or Sellers. This Agreement and each ------------------------------------ Ancillary Agreement constitutes a legally valid and binding obligation of the Company or the Sellers, as applicable, enforceable against the Company or the Sellers in accordance with its terms, except as limited by (i) bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to creditors' rights generally or by equitable principles (whether considered in an action at law or in equity), (ii) limitations imposed by federal or applicable state law or equitable principles upon the availability of specific performance, injunctive relief or other equitable remedies, or (iii) other customary limitations reasonably satisfactory to Buyer's counsel;

Obligation of the Company or Sellers. This Agreement and each ------------------------------------ Ancillary Agreement constitutes a legally valid and binding obligation of the Company or the Sellers, as applicable, enforceable against the Company or the Sellers in accordance with its terms, except as limited by (i) bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to creditors' rights generally or by equitable principles (whether considered in an action at law or in equity), (ii) limitations imposed by federal or applicable state law or equitable principles upon the availability of specific performance, injunctive relief or other equitable remedies, or and (iii) other customary limitations reasonably satisfactory exceptions to Buyer's counsel;enforceability.

Obligation of the Company or Sellers. This Agreement and each ------------------------------------ Ancillary Agreement constitutes a legally valid and binding obligation of the Company or the Sellers, as applicable, enforceable against the Company or the Sellers in accordance with its terms, except as limited by (i) bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to creditors' rights generally or by equitable principles (whether considered in an action at law or in equity), (ii) limitations imposed by federal or applicable state law or equitable principles upon the availability of specific performance, injunctive relief or other equitable remedies, (iii) rights granted by law to participants in the ESOP, or (iiiiv) other customary limitations reasonably satisfactory to Buyer's counsel;