Common use of Validity of Obligation Clause in Contracts

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.

Appears in 9 contracts

Samples: Sale and Purchase Agreement (Rowan Companies Inc), Sale and Purchase Agreement (Atp Oil & Gas Corp), Agreement and Plan of Merger (W&t Offshore Inc)

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Validity of Obligation. This Agreement and all other transaction documents it is to execute and deliver on or before the Closing Date (ia) have been duly executed by its authorized representatives; (iib) constitute its valid and legally binding obligations; and (iiic) are enforceable against it in accordance with their respective terms.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Denbury Resources Inc)

Validity of Obligation. This Agreement and all other transaction documents it is to execute and deliver on or before the Closing Date at Closing: (i) have been been, or at Closing will be, duly executed by its authorized representatives; (ii) constitute its valid and legally binding obligationsobligations subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium, and similar laws affecting creditors’ rights generally and subject to general principles of equity; and (iii) upon execution, are enforceable against it in accordance with their respective terms.

Appears in 2 contracts

Samples: www.sec.gov, Sanchez Midstream Partners LP

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 or will be duly executed by its authorized representatives; (ii) appropriate officials and constitute its or will constitute valid and legally binding obligations; and (iii) are , enforceable against it in accordance with their respective termsthe terms of this Agreement and such documents, except as such enforceability may be limited by applicable bankruptcy, insolvency, and other statutes and laws affecting the rights of creditors, and except in respect of equitable remedies.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Harcor Energy Inc), Purchase and Sale Agreement (Harcor Energy Inc)

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.. (d)

Appears in 1 contract

Samples: Sale and Purchase Agreement

Validity of Obligation. This Agreement and all other transaction documents it is to execute and deliver on or before the Closing Date at Closing: (ia) have been been, or at Closing will be, duly executed by its authorized representatives; (iib) constitute its valid and legally binding obligations; and (iiic) upon execution, are enforceable against it in accordance with their respective terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Samson Oil & Gas LTD)

Validity of Obligation. This Agreement and all other transaction documents it is to execute executed and deliver delivered on or before the Closing Date (i) have been duly executed by its Buyer=s authorized representatives; (ii) constitute its the valid and legally binding obligations; obligations of Buyer, and (iii) are enforceable against it in accordance with their respective terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Greka Energy Corp)

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Validity of Obligation. This Agreement and all other transaction documents it is to execute and deliver pursuant hereto on or before the Closing Date Date: (ia) have been been, or (as applicable) at Closing will be, duly executed by its authorized representatives; (iib) constitute its valid and legally binding obligations; and (iiic) upon execution, are enforceable against it in accordance with their respective terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Carrizo Oil & Gas Inc)

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 upon execution will be duly executed by its authorized representatives; (ii) upon execution will constitute its valid and legally binding obligations; and (iii) are upon execution will be enforceable against it in accordance with their respective terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Parsley Energy, Inc.)

Validity of Obligation. This Agreement and all other transaction documents Transaction Documents it is to execute and deliver under this Agreement on or before the each 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 termsterms except as enforceability may be limited by application of bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally.

Appears in 1 contract

Samples: Release Agreement (Hanover Gold Co Inc)

Validity of Obligation. This Agreement and all other transaction documents it is to execute and deliver on or before the Closing Date Date: (ia) have been duly executed by its authorized representatives; (iib) constitute its valid and legally binding obligations; and (iiic) are enforceable against it in accordance with their respective terms.

Appears in 1 contract

Samples: Contribution Agreement (Colony Energy, Inc.)

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