Common use of Validity and Binding Effect Clause in Contracts

Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the Seller; and this Agreement constitutes the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms, except as the enforceability of this Agreement may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforceability of creditors’ rights generally, or by general principles of equity.

Appears in 5 contracts

Samples: Share Purchase and Sale Agreement (Fanhua Inc.), Purchase and Sale Agreement (Shah Capital Management), Share Purchase and Sale Agreement (CDH Inservice LTD)

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Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the such Seller; and this Agreement constitutes the legal, valid and binding obligation of the such Seller, enforceable against the such Seller in accordance with its terms, except as the enforceability of this Agreement may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforceability of creditors’ rights generally, or by general principles of equity.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Tonghao (Cayman) LTD), Purchase and Sale Agreement (Shah Capital Management), Purchase and Sale Agreement (Vimicro International CORP)

Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the such Seller; and this Agreement constitutes the legal, valid and binding obligation of the such Seller, enforceable against the such Seller in accordance with its terms, except as the enforceability of this Agreement may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforceability of creditors' rights generally, or by general principles of equity.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Ss&c Technologies Inc), Purchase and Sale Agreement (Ss&c Technologies Inc), Purchase and Sale Agreement (Ss&c Technologies Inc)

Validity and Binding Effect. Seller has all requisite power and authority to enter into this Agreement and to perform its obligations hereunder. This Agreement has been duly and validly executed and delivered by the Seller; or on behalf of Seller and this Agreement constitutes the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms, except as the enforceability of this Agreement same may be limited by bankruptcyinsolvency, insolvency bankruptcy or other similar laws of general application affecting the enforceability enforcement of creditors' rights generally, or and by general principles of equityequitable principles.

Appears in 4 contracts

Samples: Equipment Purchase Agreement (Multimedia Games Inc), Equipment Purchase Agreement (Multimedia Games Inc), Equipment Purchase Agreement (Multimedia Games Inc)

Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the Seller; , and this Agreement constitutes the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms, except as the enforceability of this Agreement may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforceability of creditors’ rights generally, or by general principles of equity.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Tonghao (Cayman) LTD), Purchase and Sale Agreement (Tonghao (Cayman) LTD), Purchase and Sale Agreement (Tonghao (Cayman) LTD)

Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the Seller; Purchaser, and this Agreement constitutes the legal, valid and binding obligation of the SellerPurchaser, enforceable against the Seller Purchaser in accordance with its terms, except as the enforceability of this Agreement may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforceability of creditors’ rights generally, or by general principles of equity.

Appears in 3 contracts

Samples: Share Purchase and Sale Agreement (Fanhua Inc.), Share Purchase and Sale Agreement (CDH Inservice LTD), Share Purchase and Sale Agreement (Kingsford Resources LTD)

Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the Seller; Purchaser, and this Agreement constitutes the legal, valid and binding obligation of the SellerPurchaser, enforceable against the Seller Purchaser in accordance with its terms, except as the enforceability of this Agreement may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforceability of creditors’ rights generally, or by general principles of equity.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Tonghao (Cayman) LTD), Purchase and Sale Agreement (Tonghao (Cayman) LTD), Purchase and Sale Agreement (Tonghao (Cayman) LTD)

Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the Seller; on behalf of Seller and this Agreement constitutes the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms, except as the enforceability of this Agreement same may be limited by applicable bankruptcy, insolvency insolvency, reorganization, moratorium or other similar laws of general application affecting the enforceability enforcement of creditors' rights generallygenerally and general equitable principles, regardless of whether enforceability is considered in a proceeding at law or by general principles of in equity.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Tree Top Industries, Inc.), Asset Purchase Agreement (DecisionPoint Systems, Inc.), Asset Purchase Agreement (Macrosolve Inc)

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Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the Seller; and this Agreement constitutes is the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms, except as the enforceability of this Agreement may be limited subject only to limitations imposed by bankruptcy, insolvency insolvency, moratorium or other similar laws affecting the rights of creditors generally or the application of general application affecting the enforceability of creditors’ rights generally, or by general principles of equityequitable principles.

Appears in 1 contract

Samples: Stock Purchase Agreement (Network Event Theater Inc)

Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the Seller; on behalf of Sellers and this Agreement constitutes the legal, valid and binding obligation of the SellerSellers, enforceable against the Seller Sellers in accordance with its terms, except as the enforceability of this Agreement same may be limited by applicable bankruptcy, insolvency insolvency, reorganization, moratorium or other similar laws of general application affecting the enforceability enforcement of creditors’ rights generallygenerally and general equitable principles, regardless of whether enforceability is considered in a proceeding at law or by general principles of in equity.

Appears in 1 contract

Samples: Share Purchase Agreement (Willbros Group Inc)

Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the Seller; and this Agreement constitutes the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms, except as the enforceability of this Agreement may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforceability of creditors’ creditors rights generally, or by general principles of equity.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Shah Capital Management)

Validity and Binding Effect. This Agreement has been duly and validly executed and delivered by the Seller; or on behalf of Seller and this Agreement Seller Representative and constitutes the legal, valid and binding obligation of the SellerSeller and Seller Representative, enforceable against the Seller and Seller Representative in accordance with its terms, except as the enforceability of this Agreement same may be limited by applicable bankruptcy, insolvency insolvency, reorganization, moratorium or other similar laws of general application affecting the enforceability enforcement of creditors' rights generallygenerally and general equitable principles, regardless of whether enforceability is considered in a proceeding at law or by general principles of in equity.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Matrix Service Co)

Validity and Binding Effect. Seller has all requisite power and authority to enter into this Agreement, to sell the Assets to Buyer and to consummate the transactions contemplated by this Agreement. This Agreement has been duly and validly executed and delivered by the Seller; or on behalf of Seller and this Agreement constitutes the legal, valid and binding obligation of the Seller, Seller enforceable against the Seller in accordance with its terms, except as the enforceability of this Agreement same may be limited by bankruptcyinsolvency, insolvency bankruptcy or other similar laws of general application affecting the enforceability enforcement of creditors' rights generally, or and by general principles of equityequitable principles.

Appears in 1 contract

Samples: Asset Purchase Agreement (Palweb Corp)

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