Common use of Valid and Binding Indenture Clause in Contracts

Valid and Binding Indenture. The Indenture Trustee has duly executed and delivered this Indenture, the Series Supplement, each other Basic Document and each Related Document to which it is a party, and each of this Indenture, the Series Supplement, each other Basic Document and each other 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 (Household Auto Receivables Corp), Indenture (Household Auto Receivables Corp)

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Valid and Binding Indenture. The Indenture Trustee has duly executed and delivered this Indenture, the each Series Supplement, each other Basic 42 Document and each Series Related Document to which it is a party, and each of this Indenture, the any Series Supplement, each other Basic Document and each other Series 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 1 contract

Samples: Indenture (Household Auto Receivables Corp)

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Valid and Binding Indenture. The Indenture Trustee has duly executed and delivered this Indenture, the each Series Supplement, each other Basic Document and each Series Related Document to which it is a party, and each of this Indenture, the any Series Supplement, each other Basic Document and each other Series 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' 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 (Household Automotive Trust 2001-1)

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