Common use of Validity of Documents and Enforceability Clause in Contracts

Validity of Documents and Enforceability. This Agreement constitutes a valid and legally binding obligation of the Purchaser enforceable against it in accordance with its terms, except as the enforceability thereof may be limited by the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally and by general principles of equity. Neither the execution and delivery of this Agreement nor compliance with the terms and conditions hereof by the Purchaser (i) does or will result in a violation of the terms of any Applicable Instrument of the Purchaser or any Governmental Requirement, or (ii) requires any approval or consent of any governmental authority or agency having jurisdiction except such as has already been obtained.

Appears in 4 contracts

Samples: datasets.opentestset.com, datasets.opentestset.com, datasets.opentestset.com

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Validity of Documents and Enforceability. This Agreement constitutes a valid and legally binding obligation of the Purchaser enforceable against it in accordance with its terms, except as the enforceability thereof may be limited by the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally and by general principles of equity. Neither the execution and delivery of this Agreement nor compliance with the terms and conditions hereof by the Purchaser (i) does or will result in a violation of the terms of any Applicable Instrument of the Purchaser or any Governmental Requirement, or (ii) requires any approval or consent of any governmental authority or agency having jurisdiction except such as has already been obtained.

Appears in 2 contracts

Samples: Sale Contract (Crystal Oil Co), Forward Sale Contract (Crystal Oil Co)

Validity of Documents and Enforceability. This Agreement constitutes a valid and legally binding obligation of the Purchaser enforceable against it in accordance with its terms, except as the enforceability thereof may be limited by the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally and by general principles of equity. Neither the execution and delivery of this Agreement nor compliance with the terms and conditions hereof by the Purchaser (i) does or will result in a violation of the terms of any Applicable Instrument of the Purchaser or any Governmental Requirement, or (ii) requires any approval or consent of any governmental authority or agency having jurisdiction except such as has already been obtained.

Appears in 1 contract

Samples: Forward Sale Contract (Eex Corp)

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Validity of Documents and Enforceability. This Agreement constitutes a valid and legally binding obligation of the Purchaser enforceable against it in accordance with its terms, except as the enforceability thereof may be limited by the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' ’ rights generally and by general principles of equity. Neither the execution and delivery of this Agreement nor compliance with the terms and conditions hereof by the Purchaser (i) does or will result in a violation of the terms of any Applicable Instrument of the Purchaser or any Governmental Requirement, or (ii) requires any approval or consent of any governmental authority or agency having jurisdiction except such as has already been obtained.

Appears in 1 contract

Samples: Forward Sale Agreement

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