Common use of Common Shares Issuable Upon Exercise of Warrants Clause in Contracts

Common Shares Issuable Upon Exercise of Warrants. The Common Shares issuable upon exercise of the Warrants included in the Units and the Private Placement Warrants have been duly authorized and reserved for issuance upon exercise thereof and, when issued and delivered against payment therefor pursuant to the Warrants and the Private Placement Warrants, as applicable, and the Warrant Agreement and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable. The holders of such Common Shares are not and will not be subject to personal liability by reason of being such holders; such Common Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company; and all corporate action required to be taken for the authorization, issuance and sale of such Common Shares (other than such execution (if applicable), countersignature (if applicable) and delivery at the time of issuance) has been duly and validly taken.

Appears in 2 contracts

Samples: Underwriting Agreement (InterPrivate II Acquisition Corp.), Underwriting Agreement (InterPrivate II Acquisition Corp.)

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Common Shares Issuable Upon Exercise of Warrants. The Common Shares issuable upon exercise of the Public Warrants included in the Units and the Private Placement Warrants have been duly authorized and reserved for issuance upon exercise thereof and, when issued and delivered against payment therefor pursuant to the Public Warrants and the Private Placement Warrants, as applicable, and the Public Warrant Agreement and Private Warrant Agreement, as applicable, and registered in the Company’s register of membersbooks and records, will be validly issued, fully paid and non-assessablenonassessable. The holders of such Common Shares are not and will not be subject to personal liability by reason of being such holders; such Common Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company; and all corporate action required to be taken for the authorization, issuance and sale of such Common Shares (other than such execution (if applicable), countersignature (if applicable) and delivery at the time of issuance) has been duly and validly taken.

Appears in 2 contracts

Samples: Underwriting Agreement (Trajectory Alpha Acquisition Corp.), Underwriting Agreement (Trajectory Alpha Acquisition Corp.)

Common Shares Issuable Upon Exercise of Warrants. The Common Shares issuable upon exercise of the Warrants included in the Units and in the Private Placement Warrants Units have been duly authorized and reserved for issuance upon exercise thereof and, when issued and delivered against payment therefor pursuant to the Warrants and the Warrants included in the Private Placement WarrantsUnits, as applicable, and the Warrant Agreement and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable. The holders of such Common Shares are not and will not be subject to personal liability by reason of being such holders; such Common Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company; and all corporate action required to be taken for the authorization, issuance and sale of such Common Shares (other than such execution (if applicable), countersignature (if applicable) and delivery at the time of issuance) has been duly and validly taken.

Appears in 2 contracts

Samples: Underwriting Agreement (InterPrivate III Financial Partners Inc.), Underwriting Agreement (InterPrivate III Financial Partners Inc.)

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Common Shares Issuable Upon Exercise of Warrants. The Common Shares issuable upon exercise of the Warrants included in the Units and the Private Placement Warrants have been duly authorized and reserved for issuance upon exercise thereof and, when issued and delivered against payment therefor pursuant to the Warrants and the Private Placement Warrants, as applicable, and the Warrant Agreement and registered in the Company’s register of members, will be validly issued, fully paid and non-assessablenonassessable. The holders of such Common Shares are not and will not be subject to personal liability by reason of being such holders; such Common Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company; and all corporate action required to be taken for the authorization, issuance and sale of such Common Shares (other than such execution (if applicable), countersignature (if applicable) and delivery at the time of issuance) has been duly and validly taken.

Appears in 1 contract

Samples: Underwriting Agreement (Trajectory Alpha Acquisition Corp.)

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