Validity of Obligation. This Agreement and all other transaction documents it is to execute and deliver on or before the Closing Date (i) have been duly executed by its authorized representatives; (ii) constitute its valid and legally binding obligations; and (iii) are enforceable against it in accordance with their respective terms.
Validity of Obligation. This Agreement and all other transaction documents executed and delivered on or before the Closing Date (i) have been duly executed by Seller=s authorized representatives; (ii) constitute the valid and legally binding obligations of Seller, and (iii) are enforceable against it in accordance with their respective terms.
Validity of Obligation. This Agreement and the other transaction documents referenced in this Agreement (I) have been duly executed and delivered by the executing party; (ii) constitute the legal, valid and binding obligations of the executing party, subject to the effect of bankruptcy, insolvency, reorganization, moratorium, or other similar laws relating to creditors' rights generally and general equitable principles; and (iii) are enforceable against the executing party in accordance with their respective terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium, or other similar laws relating to credits' rights generally and general equitable principles.
Validity of Obligation. This Agreement and all other transaction documents it is to execute and deliver pursuant hereto on or before the Closing Date: (a) have been, or with respect to the other transaction documents it is to execute and deliver pursuant hereto on or before the Closing Date at Closing will be, duly executed and delivered by its authorized representatives; (b) constitute its valid and legally binding obligations; and (c) upon execution, are enforceable against it in accordance with their respective terms except as such enforceability may be limited by applicable bankruptcy or other similar laws affecting the rights and remedies of creditors generally as well as to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).
Validity of Obligation. This Agreement and all other transaction documents executed and delivered pursuant hereto (i) have been duly executed by Contributor’s authorized representatives, (ii) constitute the valid and legally binding obligations of Contributor, and (iii) are enforceable against Contributor in accordance with their respective terms, subject to applicable bankruptcy, insolvency and other similar laws affecting the enforceability of creditor’s rights generally and the discretion of courts in granting equitable remedies.
Validity of Obligation. This Agreement and all other ------------------------ transaction documents Rock is to execute and deliver on or before the Closing Date (i) have been duly executed by its authorized representative, (ii) constitute its valid and legally binding obligations, and (iii) are enforceable against Rock in accordance with their respective terms.
Validity of Obligation. This Second Amended Agreement and all ----------------------- other transaction documents the Petrosearch Parties are to execute and deliver on or before the Closing Date (i) have been duly executed by their authorized representatives, (ii) constitute their valid and legally binding obligations, and (iii) are enforceable against the Petrosearch Parties in accordance with their respective terms.
Validity of Obligation. This Agreement and each of the documents to be executed and delivered by Buyer to Seller on or before the Closing Date, once duly executed by the appropriate officials of Buyer, shall constitute the valid and legally binding obligations of Buyer, enforceable against Buyer in accordance with the terms of this Agreement and such documents except as (i) the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors' rights generally and (ii) the availability of equitable remedies may be limited by principles of general applicability.
Validity of Obligation. The provisions of this Agreement regarding the ---------------------- distribution of the Pre-Default Payments and the Post-Default Payments and the proceeds from the exercise of the Creditors rights and remedies under the Obligations, and the Credit Agreements are solely for the purpose of defining the relative rights of each Creditor and shall not impair, as between each Creditor and Debtor, the obligation of Debtor, which is unconditional and absolute, to pay and perform the Obligations in accordance with their terms.
Validity of Obligation. No Violation of Contractual Restrictions
