enforceability definition

enforceability refers to the legal character of the obligations assumed by the parties under the documents, i.e., that they are of a character which French law enforces or recognizes. It does not mean that the Documents will be enforced in all circumstances or in foreign jurisdictions or by or against third parties or that any particular remedy will be available; and

enforceability as used in this opinion means that the obligations assumed by the relevant obligors under the relevant Documents are of a type which the courts of the PRC may enforce. It does not mean that those obligations will necessarily be enforced in all circumstances in accordance with their respective terms and/or additional terms that may be imposed by the courts. As used in this opinion, the expression “to the best of our knowledge after due inquiry” or similar language with reference to matters of fact refers to the current, actual knowledge of the attorneys of this firm who have worked on matters for the Company in connection with the Offering and the transactions contemplated thereby. We may rely, as to matters of fact (but not as to legal conclusions), to the extent we deem proper, on certificates and confirmations of responsible officers of the Company, the PRC Companies and Governmental Agencies.

enforceability. The Security will become enforceable if, following the occurrence of a Mandatory Redemption Event or an Event of Default:

Examples of enforceability in a sentence

• Each Material Contract is valid and binding on the applicable Company Group Member that is party thereto and is in full force and effect (except as limited by the Enforceability Limitations), and neither any Company Group Member that is party thereto nor, to the Knowledge of the Company, any other party thereto is in breach of or default pursuant to any such Material Contract, except for such failures to be in full force and effect that would not have a Company Material Adverse Effect.

• This Agreement has been duly executed and delivered by each of Parent and Xxxxxx Sub and, assuming the due authorization, execution and delivery by the Company, constitutes a legal, valid and binding obligation of each of Parent and Merger Sub, enforceable against each of Parent and Merger Sub in accordance with its terms, subject to the Enforceability Limitations.

• As of the Agreement Date, each Financing Letter (in the form delivered by Parent to the Company) is in full force and effect and constitutes the legal, valid and binding obligations of Parent, Merger Sub and the Guarantor, as applicable, enforceable against Parent, Merger Sub and the Guarantor, as applicable, in accordance with its terms, subject to the Enforceability Limitations.

• Enforceability This Agreement constitutes the legal, valid and binding obligation of such party enforceable in accordance with its terms.

• Opinion of Xxxxxxxx’s Counsel on Origination of Mortgage Loan [with Enforceability Opinion] (6401).

More Definitions of enforceability

enforceability the expression "enforceable" means that the obligations are of a type which English courts enforce and does not mean that they will be enforced in all circumstances or in accordance with their terms;

enforceability means Atkar’s ability to exercise all of its rights, under the Security Agreement or otherwise, in relation to the Security Interest;

enforceability means the Secured Party’s ability to exercise all of its rights, under the Security Agreement or otherwise, in relation to the Security Interest.

enforceability binding and enforceable in accordance with its terms" or terms of similar import, where they describe an obligation of a party to any agreement, shall be deemed in all cases to be subject to applicable bankruptcy, fraudulent conveyance, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect.

enforceability. The provisions of Section 5.02 shall inure to the benefit of, and be enforceable by Landlord.

enforceability and its derivatives when used to describe the enforceability of an agreement shall mean that such agreement is enforceable except as enforceability may be limited by any Debtor Relief Law and by general equitable principles (whether enforcement is sought by proceedings in equity or at law).

enforceability legal", "valid", "binding" and "effective" (or any combination thereof) where used above, mean that the obligations assumed by the relevant party under the relevant document are of a type which Netherlands law generally recognises and enforces; they do not mean that these obligations will necessarily be enforced in all circumstances in accordance with their terms; in particular, enforcement before the courts of The Netherlands will in any event be subject to: