Common use of Valid and Enforceable Agreement Clause in Contracts

Valid and Enforceable Agreement. This Agreement is its valid and legally binding obligation, enforceable against PacifiCorp in accordance with the terms of this Agreement, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally and general principles of equity.

Valid and Enforceable Agreement. This Agreement is its a valid and legally binding obligationobligation of PacifiCorp, enforceable against PacifiCorp in accordance with its terms (except as the terms enforceability of this Agreement, except as enforceability Agreement may be limited by applicable bankruptcy, insolvency insolvency, bank moratorium or similar laws affecting the enforcement of creditors’ rights generally and laws restricting the availability of equitable remedies and except as the enforceability of this Agreement may be subject to general principles of equity, whether or not such enforceability is considered in a proceeding at equity or in law).