Common use of Validity; Binding Effect Clause in Contracts

Validity; Binding Effect. This Agreement has been duly and validly executed and delivered by the Company and each Shareholder. This Agreement constitutes a valid and legally binding obligation of the Company each Shareholder, enforceable against the Company and each Shareholder in accordance with its terms.

Appears in 2 contracts

Samples: Merger Agreement (Standard Management Corp), Agreement and Plan of Merger (Standard Management Corp)

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Validity; Binding Effect. This Agreement has and the Shareholders Agreement have been duly and validly executed and delivered by the Company and each ShareholderCompany. This Agreement constitutes and the Shareholders Agreement constitute a valid and legally binding obligation of the Company each ShareholderCompany, enforceable against the Company and each Shareholder in accordance with its their respective terms.

Appears in 2 contracts

Samples: Merger Agreement (Reinhold Acquisition Corp.), Merger Agreement (Reinhold Industries Inc/De/)

Validity; Binding Effect. This Agreement has been duly and validly executed and delivered by the Company and each Shareholder. This Agreement constitutes a valid and legally binding obligation of the Company and each Shareholder, enforceable against the Company and each Shareholder in accordance with its terms.

Appears in 1 contract

Samples: Merger Agreement (Standard Management Corp)

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Validity; Binding Effect. This Agreement has been duly and validly executed and delivered by the Company and each Shareholder. This Agreement constitutes a valid and legally binding obligation of the Company and each Shareholder, enforceable against the Company and each Shareholder in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency and similar laws and/or by principals of equity.

Appears in 1 contract

Samples: Stock Purchase Agreement (Standard Management Corp)

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