Common use of Valid and Enforceable Agreement; No Violations Clause in Contracts

Valid and Enforceable Agreement; No Violations. This Agreement has been duly executed and delivered by the Holder and constitutes a legal, valid and binding obligation of the Holder, enforceable against the Holder in accordance with its terms, except that such enforcement may be subject to (a) bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors’ rights generally, and (b) general principles of equity. Consummation of the Exchange will not violate or conflict with the Holder’s organizational documents or any agreement or instrument to which the Holder is a party or by which the Holder or any of its assets are bound.

Appears in 2 contracts

Samples: Exchange Agreement (Genesco Inc), Exchange Agreement (Genesco Inc)

AutoNDA by SimpleDocs

Valid and Enforceable Agreement; No Violations. This Agreement has been duly executed and delivered by the Holder and constitutes a legal, valid and binding obligation of the Holder, enforceable against the Holder in accordance with its terms, except that such enforcement may be subject to (a) bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors’ rights generally, and (b) general principles of equity. Consummation of the Exchange transactions contemplated hereby will not violate or conflict with the Holder’s organizational documents or any agreement or instrument to which the Holder is a party or by which the Holder or any of its assets are bound.

Appears in 1 contract

Samples: Warrant Exercise Agreement (Capstone Turbine Corp)

Valid and Enforceable Agreement; No Violations. This Agreement has been duly executed and delivered by the Holder and constitutes a legal, valid and binding obligation of the Holder, enforceable against the Holder in accordance with its terms, except that such enforcement may be subject to (a) bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors’ rights generally, the Enforceability Exceptions. This Agreement and (b) general principles of equity. Consummation consummation of the Exchange Purchase will not violate or violate, conflict with or result in a breach of or default under (i) the Holder’s organizational documents or documents, (ii) any agreement or instrument to which the Holder is a party or by which the Holder or any of its assets are bound, or (iii) any laws, regulations or governmental or judicial decrees, injunctions or orders applicable to the Holder.

Appears in 1 contract

Samples: Private Placement Purchase Agreement (PDL Biopharma, Inc.)

Valid and Enforceable Agreement; No Violations. This Agreement has been duly executed and delivered by the such Holder and constitutes a legal, valid and binding obligation of the such Holder, enforceable against the such Holder in accordance with its terms, except that such enforcement may be subject to (ai) bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors’ rights generally, and (bii) general principles of equity. Consummation of the Exchange Transactions will not violate or conflict with the such Holder’s organizational documents or any agreement or instrument to which the such Holder is a party or by which the such Holder or any of its assets are bound.

Appears in 1 contract

Samples: Exchange and Amendment Agreement (InspireMD, Inc.)

AutoNDA by SimpleDocs

Valid and Enforceable Agreement; No Violations. This Agreement has been duly executed and delivered by the Holder and constitutes a legal, valid and binding obligation of the Holder, enforceable against the Holder in accordance with its terms, except that as such enforcement may be subject to (a) bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors’ rights generally, the Enforceability Exceptions. This Agreement and (b) general principles of equity. Consummation consummation of the Exchange Purchase will not violate or violate, conflict with or result in a breach of or default under (i) the Holder’s organizational documents or documents, (ii) any agreement or instrument to which the Holder is a party or by which the Holder or any of its assets are bound, or (iii) any laws, regulations or governmental or judicial decrees, injunctions or orders applicable to the Holder.

Appears in 1 contract

Samples: Private Placement Purchase Agreement (Forest City Enterprises Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!