Common use of The Sponsor Purchase Agreement Clause in Contracts

The Sponsor Purchase Agreement. The Sponsor Purchase Agreement has been duly authorized, executed and delivered by the Company and the Sponsor and constitutes a valid and legally binding obligation of the Company and the Sponsor enforceable against the Company and the Sponsor in accordance with 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 8 contracts

Samples: Underwriting Agreement (Lakeshore Acquisition II Corp.), Warrant Agreement (Lakeshore Acquisition II Corp.), Warrant Agreement (Lakeshore Acquisition II Corp.)

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The Sponsor Purchase Agreement. The Sponsor Purchase Agreement has been duly authorized, executed and delivered by the Company and the Sponsor Sponsor, and constitutes a valid and legally binding obligation of the Company and the Sponsor enforceable against the Company and the Sponsor in accordance with 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: Build Acquisition Corp., Build Acquisition Corp.

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The Sponsor Purchase Agreement. The Sponsor Purchase Agreement has been duly authorized, executed and delivered by the Company and the Sponsor Sponsor, and constitutes a valid and legally binding obligation obligations of the Company and the Sponsor Sponsors enforceable against the Company and the Sponsor in accordance with its 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, and will conform to the descriptions thereof in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

Appears in 2 contracts

Samples: McAp Acquisition Corp, McAp Acquisition Corp

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