Common use of Validity and Binding Nature Clause in Contracts

Validity and Binding Nature. This Agreement is, and the other Servicer Transaction Documents when duly executed and delivered, as applicable, by Servicer and the other parties thereto will be, the legal, valid and binding obligation of Servicer enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally and by general principles of equity.

Validity and Binding Nature. This Agreement is, and the other Servicer Transaction Documents when has been duly executed and delivered, as applicable, delivered by the Servicer and the other parties thereto will be, the legal, constitutes a valid and legally binding obligation of the Servicer enforceable against the Servicer in accordance with their respective its terms, except as that the enforceability thereof may be limited by subject to (i) the effects of any applicable bankruptcy, insolvency, reorganization, moratorium receivership, conservatorship or similar law other laws, regulations and administrative orders affecting creditors’ the rights of creditors generally and by (ii) general principles of equityequity (regardless of whether such enforceability is considered in a proceeding in equity or law).

Validity and Binding Nature. This Agreement is, and the other Servicer Transaction Documents to which it is a party when duly executed and delivered, as applicable, delivered by Servicer and the other parties thereto will be, the legal, valid and binding obligation of Servicer enforceable in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ ' rights generally and by general principles of equity.

Validity and Binding Nature. This Agreement is, and the other Servicer Transaction Documents to which it is a party when duly executed and delivered, as applicable, delivered by Servicer and the other parties thereto will be, the legal, valid and binding obligation of Servicer Servicer, enforceable in accordance with their respective terms, terms except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar law laws affecting the enforcement of creditors’ ' rights generally and by general principles of equity, regardless of whether such enforceability is considered in equity or at law.