Examples of Bankruptcy and Equity Exceptions in a sentence
Assuming the due authorization, execution, and delivery by Rural of each other Transaction Document to which it will be a party, each such Transaction Document will, upon the execution and delivery thereof by Rural, constitute the legal, valid, and binding obligation of Badger and its subsidiaries, as applicable, enforceable against Badger and its subsidiaries, as applicable, in accordance with all of its terms, subject to the Bankruptcy and Equity Exceptions.
Assuming the due authorization, execution and delivery by Badger of this Agreement, this Agreement constitutes the legal, valid and binding obligation of Rural, enforceable against Rural in accordance with all of its terms, except as such enforceability may be limited by the Bankruptcy and Equity Exceptions.
Assuming the due authorization, execution and delivery by Xxxxxx of each other Transaction Document to which it will be a party, each such Transaction Document will, upon the execution and delivery thereof by Xxxxxx, constitute the legal, valid and binding obligation of Rural, enforceable against Rural in accordance with all of its terms, subject to the Bankruptcy and Equity Exceptions.
Assuming the due authorization, execution and delivery by Seller, this Agreement constitutes the valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, subject to the Bankruptcy and Equity Exceptions.
Either Badger or the applicable Badger subsidiary has, and at the Closing will have, a legal, binding, valid and enforceable leasehold interest with respect to each Leased Real Property, subject to Permitted Liens and to the Bankruptcy and Equity Exceptions, and neither Badger nor such Badger subsidiary or, to Badger’s Knowledge, any other party to any such lease is in default.