Common use of Valid and Binding Obligation Clause in Contracts

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s legal, valid and binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 14 contracts

Samples: Guaranty of Payment (Global Self Storage, Inc.), Guaranty of Recourse Carve Outs (Strategic Storage Trust IV, Inc.), Guaranty of Payment (Global Self Storage, Inc.)

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Valid and Binding Obligation. This Guaranty constitutes each Guarantor’s legal, valid and binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 3 contracts

Samples: Guaranty of Payment and Recourse Carve Outs (Strategic Storage Trust VI, Inc.), Guaranty of Payment and Recourse Carve Outs (Strategic Storage Trust VI, Inc.), Guaranty of Payment and Recourse Carve Outs (Strategic Storage Trust VI, Inc.)

Valid and Binding Obligation. This Indemnity Guaranty constitutes such Indemnity Guarantor’s legal, valid and binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Indemnification & Liability, Indemnity Guaranty

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s 's legal, valid and binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors' rights generally and to general principles of equity.

Appears in 2 contracts

Samples: Guaranty (NNN Healthcare/Office REIT, Inc.), Guaranty (NNN Healthcare/Office REIT, Inc.)

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s legal, valid and binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Guaranty (Pet DRx CORP)

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s the legal, valid and binding obligationobligation of Guarantor, enforceable against it Guarantor in accordance with its terms, except subject only to the extent enforceability may be limited under applicable bankruptcy and bankruptcy, insolvency laws and or similar laws generally affecting creditors’ rights generally and to general principles the enforcement of equitycreditor’s rights.

Appears in 1 contract

Samples: Collateral Transfer and Settlement Agreement (Gramercy Capital Corp)

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Valid and Binding Obligation. This Guaranty constitutes Guarantor’s legal, valid and binding obligation, enforceable against it Guarantor in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Guaranty Agreement (JetPay Corp)

Valid and Binding Obligation. This To Guarantor’s knowledge, this Guaranty constitutes each Guarantor’s legal, valid and binding obligation, enforceable against it such Guarantor in accordance with its terms, except to the extent enforceability may be limited under applicable bankruptcy and insolvency laws and similar laws affecting creditors’ rights generally and to general principles of equity.

Appears in 1 contract

Samples: Guaranty of Payment, Carry and Completion (Lodging Fund REIT III, Inc.)

Valid and Binding Obligation. This Guaranty constitutes Guarantor’s the legal, valid and binding obligationobligation of Guarantor, enforceable against it Guarantor in accordance with its terms, except subject only to the extent enforceability may be limited under applicable bankruptcy and bankruptcy, insolvency laws and or similar laws generally affecting creditors’ rights generally and to general principles the enforcement of equitycreditor's rights.

Appears in 1 contract

Samples: Collateral Transfer and Settlement Agreement (KBS Real Estate Investment Trust, Inc.)

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