Common use of Valid and Binding Indenture Clause in Contracts

Valid and Binding Indenture. The Indenture 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 Indenture Trustee, enforceable against the Indenture 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 6 contracts

Samples: Indenture (Securitized Asset Backed Receivables LLC), Indenture (Greenpoint Mortgage Securities Inc/), Indenture (Painewebber Asset Acceptance Corp)

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Valid and Binding Indenture. The Indenture Trustee has duly executed and delivered this Indenture Indenture, the Series Supplement and each other Basic Related Document to which it is a party, and each of this Indenture Indenture, the Series Supplement and each such other Basic Related Document constitutes the legal, valid and binding obligation of the Indenture Trustee, Trustee enforceable against the Indenture 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 3 contracts

Samples: Indenture (Household Auto Receivables Corp), Indenture (Household Auto Receivables Corp), Indenture (Household Auto Receivables Corp)

Valid and Binding Indenture. The Indenture Trustee has duly executed and delivered this Indenture Indenture, the Series Supplement and each other Basic Related Document to which it is a party, and each of this Indenture Indenture, the Series Supplement and each such other Basic Related Document constitutes the legal, valid and binding obligation of the Indenture Trustee, Trustee enforceable against the Indenture 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 2 contracts

Samples: Indenture (HSBC Automotive Trust (USA) 2007-1), Indenture (HSBC Automotive Trust (USA) 2006-1)

Valid and Binding Indenture. The Indenture 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 Indenture Trustee, enforceable against the Indenture 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 2 contracts

Samples: Indenture (Asset Backed Securities Corp), Indenture (Asset Backed Securities Corp)

Valid and Binding Indenture. The Indenture Trustee has duly executed and delivered this Indenture and each other Basic Operative Document to which it is a party, and each of this Indenture and each such other Basic Operative Document constitutes the legal, valid and binding obligation of the Indenture Trustee, enforceable against the Indenture 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 (Advanta Conduit Receivables Inc)

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Valid and Binding Indenture. The Indenture Trustee has duly executed executxx --------------------------- and delivered this Indenture and each other Basic Operative Document to which it is a party, and each of this Indenture and each such other Basic Operative Document constitutes the legal, valid and binding obligation of the Indenture Trustee, enforceable against the Indenture 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 (J P Morgan Acceptance Corp I)

Valid and Binding Indenture. The Indenture 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 Indenture Trustee, enforceable against the Indenture 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 (Morgan Stanley Abs Capital I Inc)

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