Common use of Valid, Binding and Enforceable Clause in Contracts

Valid, Binding and Enforceable. This Agreement (and the other instruments delivered pursuant hereto, when executed and delivered, will constitute) constitutes the legal, valid and binding obligation of Seller, enforceable in accordance with its terms, except as limited by bankruptcy or other laws applicable generally to creditor’s rights and as limited by general equitable principles.

Appears in 2 contracts

Samples: Lease Purchase Agreement (Axiom Oil & Gas Corp.), Lease Purchase Agreement (Energy & Exploration Partners, Inc.)

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Valid, Binding and Enforceable. This Agreement constitutes (and the other instruments delivered pursuant heretoConveyance will, when executed and delivered, will constitute) constitutes the legal, valid and binding obligation of Seller, enforceable in accordance with its their respective terms, except as limited by bankruptcy or other laws applicable generally to creditor’s rights and as limited by general equitable principles.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Warren Resources Inc), Asset Purchase and Sale Agreement (Warren Resources Inc)

Valid, Binding and Enforceable. This Agreement constitutes (and the other instruments Transaction Documents provided for herein to be delivered pursuant heretoby Seller at Closing will, when executed and delivered, will constitute) constitutes the legal, valid and binding obligation of Seller, enforceable in accordance with its terms, except as limited by bankruptcy or other laws applicable generally to creditor’s rights and as limited by general equitable principles.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Xto Energy Inc)

Valid, Binding and Enforceable. This Agreement constitutes (and the other instruments Transaction Documents provided for herein to be delivered pursuant heretoby Seller at Closing will, when executed and delivered, will constitute) constitutes the legal, valid and binding obligation of Seller, enforceable in accordance with its their respective terms, except as limited by bankruptcy or other laws applicable generally to creditor’s rights and as limited by general equitable principles.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kodiak Oil & Gas Corp)

Valid, Binding and Enforceable. This Agreement (constitutes, and the other all instruments and documents to be delivered pursuant heretohereunder will, when executed and delivered, will constitute) constitutes , the legal, valid and binding obligation of SellerBuyer, enforceable in accordance with its terms, except as limited by bankruptcy or other laws Laws applicable generally to creditor’s rights and as limited by general equitable principles.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Tetra Technologies Inc)

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Valid, Binding and Enforceable. This Agreement constitutes (and the other instruments delivered pursuant heretoConveyance will, when executed and delivered, will constitute) constitutes the legal, valid and binding obligation of Seller, enforceable in accordance with its their respective terms, except as limited by bankruptcy or other laws applicable generally to creditor’s 's rights and as limited by general equitable principles.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Harken Energy Corp)

Valid, Binding and Enforceable. This Agreement (constitutes, and the other all instruments and documents to be delivered pursuant heretohereunder will, when executed and delivered, will constitute) constitutes constitute the legal, valid and binding obligation of Seller, enforceable in accordance with its their respective terms, except as limited by bankruptcy or other laws Laws applicable generally to creditor’s rights and as limited by general equitable principles.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Tetra Technologies Inc)

Valid, Binding and Enforceable. This Agreement constitutes (and the other instruments conveyances of the Properties provided for herein to be delivered pursuant heretowill, when executed and delivered, will constitute) constitutes the legal, valid and binding obligation of Seller, enforceable in accordance with its terms, except as limited by bankruptcy or other laws applicable generally to creditor’s 's rights and as limited by general equitable principles.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (South Texas Oil Co)

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