Common use of Valid and Binding Indenture Clause in Contracts

Valid and Binding Indenture. Each of the Trustee and the Trust --------------------------- Collateral Agent 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 and the Trust Collateral Agent, enforceable against the Trustee and the Trust Collateral Agent 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 (TFC Enterprises Inc), Indenture (TFC Enterprises Inc)

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Valid and Binding Indenture. Each of the Trustee and the Trust --------------------------- Collateral Agent 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 and the Trust Collateral Agent, enforceable against the Trustee and the Trust Collateral Agent 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 (TFC Enterprises Inc)

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Valid and Binding Indenture. Each of the Trustee and the --------------------------- Trust --------------------------- Collateral Agent 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 and the Trust Collateral Agent, enforceable against the Trustee and the Trust Collateral Agent 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 (TFC Enterprises Inc)

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