Common use of SECTION Binding Effect Clause in Contracts

SECTION Binding Effect. This Agreement constitutes a valid and binding agreement of the Borrower and each Note, if and when executed and delivered in accordance with this Agreement, will constitute a valid and binding obligation of the Borrower, in each case enforceable in accordance with its terms, except as the same may be limited by bankruptcy, insolvency or similar laws affecting creditors' rights generally and by general principles of equity.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Duke Energy Corp), Assignment and Assumption Agreement (Duke Energy Corp)

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SECTION Binding Effect. This Agreement has been duly executed and delivered by the Borrower and constitutes a the valid and binding agreement of the Borrower and each Note, if and when executed and delivered in accordance with this Agreement, will constitute a valid and binding obligation obligations of the Borrower, in each case enforceable in accordance with its terms, except as the same may be limited by their terms subject to applicable bankruptcy, insolvency or reorganization, insolvency, moratorium and similar laws affecting creditors' creditors rights generally generally, and by to general principles of equity (whether considered in a court of law or in equity.). D.

Appears in 1 contract

Samples: Credit Agreement (Coors Adolph Co)

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SECTION Binding Effect. This Agreement constitutes a valid and binding agreement of the Borrower Company and each Noteof its Notes, if and when executed and delivered in accordance with this Agreement, will constitute a valid and binding obligation of the BorrowerCompany, in each case enforceable in accordance with its terms, except as the same may be limited by bankruptcy, insolvency or similar laws affecting creditors' rights generally and by general principles of equity. 1.4. 1.5.

Appears in 1 contract

Samples: Credit Agreement (Imc Global Inc)

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