Common use of The Stock Clause in Contracts

The Stock. Purchase Agreement constitutes a legally valid and binding obligation of Buyer, enforceable against Buyer in accordance with its terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights, or the applicability of equitable principles.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Steel Heddle Group Inc), Stock Purchase Agreement (Steel Heddle International Inc)

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The Stock. Purchase Agreement constitutes a legally valid and binding obligation of Buyer, each of the Company and the Sellers and is enforceable against Buyer each of such parties in accordance with its terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights, or the applicability of equitable principles.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Steel Heddle Group Inc), Stock Purchase Agreement (Steel Heddle International Inc)

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