Common use of Authorization of Warrant Agreement Clause in Contracts

Authorization of Warrant Agreement. If the Offered Securities include Warrants, each applicable Warrant Agreement has been, or prior to the issuance of such Offered Securities will have been, duly authorized, executed and delivered by the Company and, upon such authorization, execution and delivery, and assuming due authorization, execution and delivery by the applicable Warrant Agent of the applicable Warrant Agreement, will constitute a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except as enforcement thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws relating to fraudulent transfers), reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally or by general equitable principles (regardless of whether enforcement is considered in a proceeding in equity or at law).