Common use of Validity of Obligation Clause in Contracts

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.

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 executed Seller is to execute and delivered deliver on or before the Closing Date (ia) have been duly or shall have been executed by Seller=s its authorized representatives; (iib) constitute the its valid and legally binding obligations of Seller, obligations; and (iiic) are enforceable against it in accordance with their respective terms, in each case subject to entry of the Bidding Procedures Order and the Sale Order.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Validity of Obligation. This Agreement and all other transaction documents executed and delivered on or before in connection with the Closing Date transactions contemplated hereby (i) have been duly executed by Seller=s Buyer’s authorized representatives; (ii) constitute the valid and legally binding obligations of SellerBuyer, except as limited by bankruptcy or other laws applicable generally to creditors’ rights, and (iii) are enforceable against it Buyer in accordance with their respective terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (EV Energy Partners, LP)

Validity of Obligation. This Agreement and all other transaction documents executed Buyer is to execute and delivered deliver on or before the Closing Date (ia) have been duly executed by Seller=s its authorized representatives; (iib) constitute the its valid and legally binding obligations of Seller, obligations; and (iiic) are enforceable against it in accordance with their respective terms, in each case subject to entry of the Bidding Procedures Order and the Sale Order.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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 SellerBuyer=s authorized representatives; (ii) constitute the valid and legally binding obligations of SellerBuyer, 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 executed and delivered on or before the Closing Date (i) have been duly executed by Seller=s '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.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mdu Resources Group Inc)

Validity of Obligation. This Agreement and all other transaction documents executed and delivered on or before the Closing Date (i) have been in the case of this Agreement and will be in the case of such other documents duly executed by Seller=s Buyer's authorized representatives; (ii) do constitute in the case of this Agreement and will constitute in the case of such other documents the valid and legally binding obligations of SellerBuyer, and (iii) are is enforceable in the case of this Agreement and will be enforceable in the case of such other documents against it in accordance with their respective terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mdu Resources Group Inc)

Validity of Obligation. This Agreement and all other transaction documents executed and delivered on or before in connection with the Closing Date transactions contemplated hereby (i) have been duly executed by Seller=s ’s authorized representatives; (ii) constitute the valid and legally binding obligations of Seller, except as limited by bankruptcy or other laws applicable generally to creditors’ rights, and (iii) are enforceable against it in accordance with their respective terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (EV Energy Partners, LP)

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