Placement Securities. 2.7.3.1 The Placement Securities have been duly authorized and reserved for issuance and when issued and paid for in accordance with the Purchase Agreements, will be validly issued; the holders thereof are not and will not be subject to personal liability by reason of being such holders; the Placement Securities are not and will not be subject to the preemptive rights of any holders of any security of the Company or similar contractual rights granted by the Company; and all corporate action required to be taken for the authorization, issuance and sale of the Placement Securities has been duly and validly taken.
Appears in 5 contracts
Samples: Underwriting Agreement (Hennessy Capital Investment Corp. VII), Underwriting Agreement (Hennessy Capital Investment Corp. VII), Underwriting Agreement (Bleichroeder Acquisition Corp. I)
