Common use of The Founder Promissory Notes Clause in Contracts

The Founder Promissory Notes. The Founder Promissory Notes have been duly authorized, executed and delivered by the Company and constitute valid and legally binding obligations of the Company enforceable against the Company in accordance with their terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability.

Appears in 4 contracts

Samples: Trust Agreement (Foresight Acquisition Corp. II), Trust Agreement (Foresight Acquisition Corp.), Trust Agreement (Foresight Acquisition Corp.)

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The Founder Promissory Notes. The Each of the Founder Promissory Notes have has been duly authorized, executed and delivered by the Company and constitute constitutes a valid and legally binding obligations obligation of the Company enforceable against the Company in accordance with their its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability.

Appears in 3 contracts

Samples: Underwriting Agreement (DP Cap Acquisition Corp I), Atlantic Avenue Acquisition Corp, Atlantic Street Acquisition Corp

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The Founder Promissory Notes. The Each of the Founder Promissory Notes have has been duly authorized, executed and delivered by the Company and constitute constitutes a valid and legally binding obligations obligation of the Company enforceable against the Company in accordance with their its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating subject to enforceabilityEnforceability Exceptions.

Appears in 2 contracts

Samples: Flame Acquisition Corp., Flame Acquisition Corp.

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