Authorization; No Breach. (i) This Agreement constitutes a valid and binding obligation of the Sponsor, enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ rights and to general equitable principles (whether considered in a proceeding in equity or law).
Appears in 26 contracts
Samples: Private Placement Warrant Purchase Agreement (Acri Capital Acquisition Corp), Private Placement Warrant Purchase Agreement (Acri Capital Acquisition Corp), Private Placement Warrant Purchase Agreement (Acri Capital Acquisition Corp)
Authorization; No Breach. (i) This Agreement constitutes a valid and binding obligation of the Sponsor, enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ ' rights and to general equitable principles (whether considered in a proceeding in equity or law).
Appears in 3 contracts
Samples: Sponsor Warrants Purchase Agreement (Hicks Acquisition CO I Inc.), Warrants Purchase Agreement (Hicks Acquisition CO I Inc.), Sponsor Warrants Purchase Agreement (Hicks Acquisition CO I Inc.)
Authorization; No Breach. (i) This Agreement constitutes a valid and binding obligation of the SponsorSponsors, enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ rights and to general equitable principles (whether considered in a proceeding in equity or law).
Appears in 3 contracts
Samples: Private Placement Shares Purchase Agreement (Prime Number Acquisition I Corp.), Private Placement Shares Purchase Agreement (Prime Number Acquisition I Corp.), Private Placement Shares Purchase Agreement (Prime Number Acquisition I Corp.)
Authorization; No Breach. (i) The execution, delivery and performance of this Agreement and the sale of the Purchased Interests have been duly authorized by the Sponsor as of each Closing Date. This Agreement constitutes a the valid and binding obligation of the Sponsor, enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ rights and to general equitable principles (whether considered in a proceeding in equity or law).
Appears in 3 contracts
Samples: Sponsor Interest Purchase Agreement (Scilex Holding Co), Sponsor Interest Purchase Agreement (Denali Capital Acquisition Corp.), Sponsor Interest Purchase Agreement (Scilex Holding Co)
Authorization; No Breach. (i) This Agreement constitutes a valid and binding obligation of the Sponsor, enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ rights and to general equitable principles (whether considered in a proceeding in equity or law).
Appears in 3 contracts
Samples: Exchange Agreement (Dune Acquisition Corp), Warrant Exchange and Share Cancellation Agreement (Hennessy Capital Acquisition Corp IV), Warrant Exchange Agreement (Fortress Value Acquisition Corp.)
Authorization; No Breach. (i) The execution, delivery and performance of this Agreement has been duly authorized by the Sponsor. This Agreement constitutes a valid and binding obligation of the Sponsor, enforceable against the Sponsor in accordance with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ rights and to general equitable principles (whether considered in a proceeding in equity or law).
Appears in 2 contracts
Samples: Share Vesting and Warrant Surrender Agreement (North Mountain Merger Corp.), Agreement and Plan of Merger (North Mountain Merger Corp.)
