Common use of Valid and Binding Obligations Clause in Contracts

Valid and Binding Obligations. Each of the Program Documents to which Sellers or any Guarantor is a party, when executed and delivered by Sellers or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related Seller or such Guarantor, as applicable, enforceable against the related Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and general equitable principles.

Valid and Binding Obligations. Each of the Program Documents to which Sellers or any Guarantor is a party, when executed and delivered by Sellers or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related Seller or such Guarantor, as applicable, enforceable against the related Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' ’ rights generally and general equitable principles.

Valid and Binding Obligations. Each of the Program Documents to which Sellers the Seller or any a Guarantor is a party, when executed and delivered by Sellers such Seller or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related such Seller or such Guarantor, as applicable, enforceable against the related such Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' ’ rights generally and general equitable principles.

Valid and Binding Obligations. Each of the Program Documents to which the Sellers or any the Guarantor is a party, when executed and delivered by Sellers such Seller or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related such Seller or such Guarantor, as applicable, enforceable against the related such Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' ’ rights generally and general equitable principlesprinciples (regardless of whether enforcement is sought in a proceeding in equity or at law).

Valid and Binding Obligations. Each of the Program Documents to which Sellers the Seller or any a Guarantor is a party, when executed and delivered by Sellers such Seller or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related such Seller or such Guarantor, as applicable, enforceable against the related such Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' ’ rights generally and general equitable principlesprinciples (regardless of whether enforcement is sought in a proceeding in equity or at law).

Valid and Binding Obligations. Each of the Program Documents to which Sellers Seller or any Guarantor is a party, when executed and delivered by Sellers Seller or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related Seller or such Guarantor, as applicable, enforceable against the related Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' ’ rights generally and general equitable principlesprinciples (regardless of whether enforcement is sought in a proceeding in equity or at law).

Valid and Binding Obligations. Each of the Program Documents to which Sellers Seller or any Guarantor is a party, when executed and delivered by Sellers Seller or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related Seller or such Guarantor, as applicable, enforceable against the related Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and general equitable principles.

Valid and Binding Obligations. Each of the Program Documents to which Sellers the Seller or any a Guarantor is a party, when executed and delivered by Sellers such Seller or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related such Seller or such Guarantor, as applicable, enforceable against the related such Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and general equitable principles.

Valid and Binding Obligations. Each of the This Agreement and each other Program Documents Document to which Sellers any Seller or any Guarantor is a party, when executed and delivered by Sellers such Seller or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related such Seller or such Guarantor, as applicable, enforceable against the related such Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' ’ rights generally and general equitable principles.

Valid and Binding Obligations. Each of the Program Documents to which Sellers or Seller, any Guarantor or Servicer is a party, when executed and delivered by Sellers Seller, such Guarantor or such GuarantorServicer, as applicable, will constitute the legal, valid and binding obligations of the related Seller Seller, such Guarantor or such GuarantorServicer, as applicable, enforceable against the related Seller Seller, such Guarantor or such GuarantorServicer, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and general equitable principles.

Valid and Binding Obligations. Each of the Program Documents to which Sellers or any the Guarantor is a party, when executed and delivered by Sellers or such the Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related Seller or such the Guarantor, as applicable, enforceable against the related Seller or such the Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' ’ rights generally and general equitable principles.

Valid and Binding Obligations. Each of the Program Documents to which Sellers Seller or any Guarantor is a party, when executed and delivered by Sellers Seller or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related Seller or such Guarantor, as applicable, enforceable against the related Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' ’ rights generally and general equitable principles.

Valid and Binding Obligations. Each of the Program Documents to which Sellers ----------------------------- the Seller or any a Guarantor is a party, when executed and delivered by Sellers such Seller or such Guarantor, as applicable, will constitute the legal, valid and binding obligations of the related such Seller or such Guarantor, as applicable, enforceable against the related such Seller or such Guarantor, as applicable, in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally and general equitable principles.