Common use of Valid Sale; Binding Obligations Clause in Contracts

Valid Sale; Binding Obligations. This Agreement and Seller's Related Documents have been duly executed and delivered, shall effect a valid sale, transfer and assignment of the Receivables and the Other Conveyed Property to the Purchaser, enforceable against Seller and creditors of and purchasers from Seller; and this Agreement and Seller's Related Documents constitute legal, valid and binding obligations of Seller enforceable in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by equitable limitations on the availability of specific remedies, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Valid Sale; Binding Obligations. This Agreement and Seller's Related Documents have been duly executed and delivered, shall effect effects a valid sale, transfer and assignment of the Receivables and the Other Conveyed Property to the Purchaser, enforceable against the Seller and creditors of and purchasers from the Seller; and this Agreement and Seller's Related the Basic Documents to which the Seller is a party, when duly executed and delivered, shall constitute legal, valid and binding obligations of the Seller enforceable in accordance with their respective terms, except as enforceability may be limited limited, by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by equitable limitations on the availability of specific remedies, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Valid Sale; Binding Obligations. This Agreement and Seller's Related Documents have been duly executed and delivered, shall effect effects a valid sale, transfer and assignment of the Receivables and the Other Conveyed Property to the PurchaserProperty, enforceable against the Seller and creditors of and purchasers from the Seller; and this Agreement and Seller's Related the other Basic Documents to which the Seller is a party, when duly executed and delivered, shall constitute legal, valid and binding obligations of the Seller enforceable in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by equitable limitations on the availability of specific remedies, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Valid Sale; Binding Obligations. This Agreement and Seller's Related Documents have been duly executed and delivered, shall effect each Transfer Agreement effects a valid sale, transfer and assignment of the Receivables and the Other Conveyed Property to the Purchaserother Trust Property, enforceable against the Seller and creditors of and purchasers from the Seller; and this Agreement and each Transfer Agreement and the Seller's Related Documents Documents, when duly executed and delivered, shall constitute legal, valid and binding obligations of the Seller enforceable in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by equitable limitations on the availability of specific remedies, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Valid Sale; Binding Obligations. This Agreement and SellerOFL's Related Documents have been duly executed and delivered, shall effect a valid sale, transfer and assignment of the Initial Receivables and the Initial Other Conveyed Property to the PurchaserProperty, enforceable against Seller OFL and creditors of and purchasers from SellerOFL; and this Agreement and SellerOFL's Related Documents constitute legal, valid and binding obligations of Seller OFL enforceable in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by equitable limitations on the availability of specific remedies, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Valid Sale; Binding Obligations. (i) This Agreement and Seller's Related Documents have been duly executed and delivered, shall effect effects a valid sale, transfer and assignment sale of the Receivables and the Other Conveyed Property to the PurchaserProperty, enforceable against the Seller and creditors of and purchasers from the Seller; and this Agreement and Seller's Related the Other Basic Documents to which the Purchaser is a party, when duly executed and delivered, shall constitute legal, valid and binding obligations of Seller the Purchaser enforceable in accordance with their respective terms, (ii) except as enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by equitable limitations on the availability of specific remedies, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Valid Sale; Binding Obligations. This Agreement and Seller's Related Documents have been duly executed and delivered, shall effect effects a valid sale, transfer and assignment of the Receivables and the Other Conveyed Property to the PurchaserProperty, enforceable against the Seller and creditors of and purchasers from the Seller; and this Agreement and the Seller's Related Documents Basic Documents, when duly executed and delivered, shall constitute legal, valid and binding obligations of the Seller enforceable in accordance with their respective terms, except as 57 enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors' rights generally and by equitable limitations on the availability of specific remedies, regardless of whether such enforceability is considered in a proceeding in equity or at law.

Valid Sale; Binding Obligations. This Agreement and Seller's Related Documents have been duly executed and delivered, shall effect effects a valid sale, transfer and assignment of the Receivables and the Other Conveyed Property to the PurchaserProperty, enforceable against the Seller and creditors of and purchasers from the Seller; and this Agreement and the Seller's Related Documents Basic Documents, when duly executed and delivered, shall constitute legal, valid and binding obligations of the Seller enforceable in accordance with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws 49 affecting the enforcement of creditors' rights generally and by equitable limitations on the availability of specific remedies, regardless of whether such enforceability is considered in a proceeding in equity or at law.