Common use of Enforcement in the Cayman Islands Clause in Contracts

Enforcement in the Cayman Islands. (i) It is not necessary under the laws of the Cayman Islands (1) to enable the Underwriter to enforce their rights under this Agreement provided that they are not otherwise engaged in business in the Cayman Islands, or (2) solely by reason of the execution, delivery or consummation of this Agreement, for the Underwriter to be qualified or entitled to carry out business in the Cayman Islands. (ii) This Agreement is in proper form under the laws of the Cayman Islands for the enforcement thereof against the Company, and to ensure the legality, validity, enforceability or admissibility into evidence in the Cayman Islands of this Agreement. (iii) Neither the Company nor any of its subsidiaries nor any of its or their properties or assets has any immunity from the jurisdiction of any court or from any legal process (whether through service or notice, attachment prior to judgment, attachment in aid of execution or otherwise) under the laws of the Cayman Islands. Any certificate signed by any officer or director of the Company and delivered to the Representative or counsel for the Underwriter in connection with the Offering shall be deemed a representation and warranty by the Company, as to matters covered thereby, to the Underwriter.

Appears in 4 contracts

Samples: Underwriting Agreement (Social Capital Suvretta Holdings Corp. III), Underwriting Agreement (Social Capital Suvretta Holdings Corp. I), Underwriting Agreement (Social Capital Suvretta Holdings Corp. II)

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Enforcement in the Cayman Islands. (i) It is not necessary under the laws of the Cayman Islands (1) to enable the Underwriter Underwriters to enforce their rights under this Agreement provided that they are not otherwise engaged in business in the Cayman Islands, or (2) solely by reason of the execution, delivery or consummation of this Agreement, for the Underwriter Underwriters to be qualified or entitled to carry out business in the Cayman Islands. (ii) This Agreement is in proper form under the laws of the Cayman Islands for the enforcement thereof against the Company, and to ensure the legality, validity, enforceability or admissibility into evidence in the Cayman Islands of this Agreement. (iii) Neither the Company nor any of its subsidiaries nor any of its or their properties or assets has any immunity from the jurisdiction of any court or from any legal process (whether through service or notice, attachment prior to judgment, attachment in aid of execution or otherwise) under the laws of the Cayman Islands. Any certificate signed by any officer or director of the Company and delivered to the Representative or counsel for the Underwriter Underwriters in connection with the Offering shall be deemed a representation and warranty by the Company, as to matters covered thereby, to the UnderwriterUnderwriters.

Appears in 4 contracts

Samples: Underwriting Agreement (Social Capital Suvretta Holdings Corp. IV), Underwriting Agreement (Social Capital Suvretta Holdings Corp. II), Underwriting Agreement (Social Capital Suvretta Holdings Corp. III)

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