Common use of Validity and Effect of Agreement Clause in Contracts

Validity and Effect of Agreement. Upon the execution and delivery of each other document to which such Seller is a party (assuming due execution and delivery by each other party thereto) each such other document will be the legal, valid and binding obligations of such Seller, enforceable against such Seller in accordance with their respective terms except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general application affecting enforcement of creditors’ rights generally.

Appears in 4 contracts

Samples: Exchange Agreement (LED Lighting Co), Exchange Agreement (Public Media Works Inc), Exchange Agreement (Public Media Works Inc)

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Validity and Effect of Agreement. Upon the execution and delivery of each other document to which such Seller is a party (assuming due execution and delivery by each other party thereto) each such other document will be the legal, valid and binding obligations of such Seller, enforceable against such Seller in accordance with their respective terms except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general application affecting enforcement of creditors' rights generally.

Appears in 4 contracts

Samples: Exchange Agreement, Exchange Agreement (Datasight Corp), Exchange Agreement (Diversified Opportunities, Inc.)

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