Common use of Valid and Binding Indenture Clause in Contracts

Valid and Binding Indenture. The Trustee has duly executed and delivered this Indenture and each other Basic Document to which it is a party, and each of this Indenture and each such other Basic Document constitutes the legal, valid and binding obligation of the Trustee, enforceable against the Trustee in accordance with its terms, except as (i) such enforceability may be limited by bankruptcy, insolvency, reorganization and similar laws relating to or affecting the enforcement of creditors' rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.

Appears in 12 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

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Valid and Binding Indenture. The Trustee has duly executed and delivered this Indenture and each other Basic Document to which it is a party, and each of this Indenture and each such other Basic Document constitutes the legal, valid and binding obligation of the Trustee, enforceable against the Trustee in accordance with its terms, except as (i) such enforceability may be limited by bankruptcy, insolvency, reorganization and similar laws relating to or affecting the enforcement of creditors' ’ rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.

Appears in 4 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

Valid and Binding Indenture. The Trustee has duly executed and delivered this Indenture and each other Basic Related Document to which it is a party, and each of this Indenture and each such other Basic Related Document constitutes the legal, valid and binding obligation of the Trustee, enforceable against the Trustee in accordance with its respective terms, except as (i) such enforceability may be limited by bankruptcy, insolvency, reorganization and similar laws relating to or affecting the enforcement of creditors' rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.

Appears in 3 contracts

Samples: Indenture (Paragon Auto Receivables Corp), Indenture (Paragon Auto Receivables Corp), Indenture (Reliance Acceptance Group Inc)

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Valid and Binding Indenture. The Trustee has duly executed and delivered this Indenture and each other Basic Transaction Document to which it is a party, and each of this Indenture and each such other Basic Transaction Document constitutes the legal, valid and binding obligation of the Trustee, enforceable against the Trustee in accordance with its terms, except as (i) such enforceability may be limited by bankruptcy, insolvency, reorganization and similar laws relating to or affecting the enforcement of creditors' rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.

Appears in 1 contract

Samples: Indenture (Financial Pacific Co)

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