Capacity and State Law Compliance. Each Purchaser has the legal capacity to execute and perform the obligations imposed on such Purchaser hereunder. Each Purchaser has engaged in the transactions contemplated by this Agreement within a state in which the offer and sale of the Sponsors’ Warrants is permitted under applicable securities laws. Each Purchaser understands and acknowledges that the purchase of the Ordinary Shares upon the exercise of the Sponsors’ Warrants will require the availability of an exemption from registration under United States federal and/or state securities laws and that any sale of such Ordinary Shares shall require registration or the availability of an exemption from registration under United States federal and/or state securities laws.
Appears in 2 contracts
Samples: Sponsors’ Warrants Securities Purchase Agreement (Overture Acquisition Corp.), Sponsors’ Warrants Securities Purchase Agreement (Overture Acquisition Corp.)
Capacity and State Law Compliance. Each The Purchaser has the legal capacity to execute and perform the obligations imposed on such the Purchaser hereunder. Each The Purchaser has engaged in the transactions contemplated by this Agreement within a state in which the offer and sale of the Sponsors’ Warrants is permitted under applicable securities laws. Each The Purchaser understands and acknowledges that the purchase of the Ordinary Shares upon the exercise of the Sponsors’ Warrants will require the availability of an exemption from registration under United States federal and/or state securities laws and that any sale of such Ordinary Shares shall require registration or the availability of an exemption from registration under United States federal and/or state securities laws.
Appears in 2 contracts
Samples: Sponsors’ Warrants Securities Purchase Agreement (Hanover-STC Acquisition Corp.), Sponsors’ Warrants Securities Purchase Agreement (Alternative Asset Management Acquisition Corp.)
Capacity and State Law Compliance. Each Purchaser has the legal capacity to execute and perform the obligations imposed on such Purchaser hereunder. Each Purchaser has engaged in the transactions contemplated by this Agreement within a state in which the offer and sale of the Sponsors’ Warrants is permitted under applicable securities laws. Each Purchaser understands and acknowledges that the purchase of the Ordinary Shares upon the exercise of the Sponsors’ Warrants will require the availability of an exemption from registration under United States federal and/or state securities laws and that any sale of such Ordinary Shares shall require registration or the availability of an exemption from registration under United States federal and/or state securities laws.
Appears in 1 contract
Samples: Sponsors’ Warrants Securities Purchase Agreement (Overture Acquisition Corp.)
