Common use of Founder’s Purchase Agreement Duly Authorized Clause in Contracts

Founder’s Purchase Agreement Duly Authorized. The Founder’s Purchase Agreement has been duly authorized, executed and delivered by the Company and the Sponsor, and is a valid and binding agreement of the Company and the Sponsor, enforceable against the Company and the Sponsor in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

Appears in 10 contracts

Samples: Underwriting Agreement (Ocelot Acquisition Corp I), Underwriting Agreement (G&P Acquisition Corp.), Underwriting Agreement (Kadem Sustainable Impact Corp)

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