Common use of Qualification, Authorization and Enforcement Clause in Contracts

Qualification, Authorization and Enforcement. This Agreement has been duly executed by such Creditor, and when delivered by such Creditor in accordance with the terms hereof, will constitute the valid and legally binding obligation of such Creditor, enforceable against it in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies or by other equitable principles of general application.

Appears in 9 contracts

Samples: Cancellation Agreement (Propanc Biopharma, Inc.), Cancellation Agreement (Propanc Biopharma, Inc.), Cancellation Agreement (CBAK Energy Technology, Inc.)

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Qualification, Authorization and Enforcement. This Agreement has been duly executed by such the Creditor, and when delivered by such the Creditor in accordance with the terms hereof, will constitute the valid and legally binding obligation of such the Creditor, enforceable against it him in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation bankruptcy or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies or by other equitable principles of general application.

Appears in 1 contract

Samples: Loan Forgiveness and Cancellation Agreement (Greene Concepts, Inc)

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Qualification, Authorization and Enforcement. This Agreement has been duly executed by such Creditor, and when delivered by such Creditor in accordance with the terms hereof, will constitute the valid and legally binding obligation of such Creditor, enforceable against it in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation or similar laws relating to, or affecting generally the enforcement of, creditors' rights and remedies or by other equitable principles of general application.

Appears in 1 contract

Samples: Debt Cancellation Agreement (W&E Source Corp.)

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