Common use of Validity; Enforcement Clause in Contracts

Validity; Enforcement. The Transaction Documents have been duly and validly authorized, executed and delivered on behalf of such Buyer and shall constitute the legal, valid and binding obligations of such Buyer enforceable against such Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 7 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (ObsEva SA), Securities Purchase Agreement (Kadmon Holdings, Inc.)

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Validity; Enforcement. The Transaction Documents have been duly and validly authorized, executed and delivered on behalf of such the Buyer and shall constitute the legal, valid and binding obligations of such the Buyer enforceable against such the Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 4 contracts

Samples: Unit Purchase Agreement (Bonds.com Group, Inc.), Unit Purchase Agreement (Bonds.com Group, Inc.), Unit Purchase Agreement (Bonds.com Group, Inc.)

Validity; Enforcement. The Transaction Documents have been duly and validly authorized, executed and delivered on behalf of such Buyer the Investor and shall constitute the legal, is a valid and binding obligations agreement of such Buyer the Investor enforceable against such Buyer the Investor in accordance with their respective its terms, except subject as such to enforceability may be limited by to general principles of equity or and to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 3 contracts

Samples: Purchase Agreement (Golden Minerals Co), Purchase Agreement (Avinger Inc), Purchase Agreement (Avinger Inc)

Validity; Enforcement. The Transaction Documents and the Consent have been duly and validly authorized, executed and delivered on behalf of such Buyer Holder and shall constitute the legal, valid and binding obligations of such Buyer Holder, enforceable against such Buyer Holder in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 2 contracts

Samples: Exchange Agreement (Carlyle Group L.P.), Exchange Agreement (Solus Alternative Asset Management LP)

Validity; Enforcement. The Transaction Documents to which it is a party, have been duly and validly authorized, executed and delivered on behalf of such Buyer and shall constitute the legal, valid and binding obligations of such Buyer enforceable against such Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Broadfin Capital, LLC), Securities Purchase Agreement (Biodelivery Sciences International Inc)

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Validity; Enforcement. The Transaction Documents (as defined below) have been duly and validly authorized, executed and delivered on behalf of such Buyer and shall constitute the legal, valid and binding obligations of such Buyer enforceable against such Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 1 contract

Samples: Securities Purchase Agreement (Real Goods Solar, Inc.)

Validity; Enforcement. The Transaction Documents have been duly and validly authorized, executed and delivered on behalf of such Buyer the Purchaser and shall constitute the legal, valid and binding obligations of such Buyer the Purchaser enforceable against such Buyer the Purchaser in accordance with their respective termsthe terms thereof, except as such enforceability may be limited by general principles of equity or subject to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation moratorium and other similar laws of general applicability relating to, to or affecting generally, the enforcement creditors' rights generally and to general principles of applicable creditors’ rights and remediesequity.

Appears in 1 contract

Samples: Securities Purchase Agreement (Capitol Bancorp LTD)

Validity; Enforcement. The Transaction Documents to which it is a party have been duly and validly authorized, executed and delivered on behalf of such Buyer and shall constitute the legal, valid and binding obligations of such Buyer enforceable against such Buyer in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Appears in 1 contract

Samples: Securities Purchase Agreement (NPS Pharmaceuticals Inc)

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