Common use of Validity of Agreements Clause in Contracts

Validity of Agreements. Each of the Warrant Agreement, the Option Agreement, the Services Agreement and the Trust Agreement has been duly and validly authorized by the Company and, assuming due authorization, execution and delivery of the other parties thereto, constitutes the valid and binding agreement of the Company, enforceable in accordance with its terms, except (i) as such enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally, (ii) as enforceability of any indemnification or contribution provision may be limited under the federal and state securities laws, and (iii) that the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought.

Validity of Agreements. Each of the Warrant Agreement, the Option Trust Agreement, the Services Registration Rights Agreement and the Trust Service Agreement has been duly and validly authorized by the Company and, assuming due authorization, execution and delivery of the other parties thereto, constitutes the valid and binding agreement of the Company, enforceable in accordance with its terms, except (i) as such enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally, (ii) as enforceability of any indemnification or contribution provision may be limited under the federal and state securities laws, and (iii) that the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought.

Validity of Agreements. Each of the The Warrant Agreement, the Option Trust Agreement, the Representative’s Purchase Option and the Services Agreement and the Trust Agreement has have been duly and validly authorized by the Company and, assuming due authorization, execution and delivery of the other parties thereto, constitutes constitute the valid and binding agreement agreements of the Company, enforceable in accordance with its their respective terms, except (i) as such enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally, (ii) as enforceability of any indemnification or contribution provision may be limited under the federal and state securities laws, and (iii) that the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought.

Validity of Agreements. Each of the The Warrant Agreement, the Option Trust Agreement, the Services Agreement and the Trust Service Agreement has have been duly and validly authorized by the Company and, assuming due authorization, execution and delivery of the other parties thereto, constitutes constitute the valid and binding agreement agreements of the Company, enforceable in accordance with its their respective terms, except (i) as such enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally, (ii) as enforceability of any indemnification or contribution provision may be limited under the federal and state securities laws, and (iii) that the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought.

Validity of Agreements. Each of the The Warrant Agreement, the Option Trust Agreement, the Services Agreement and the Trust Escrow Agreement has have been duly and validly authorized by the Company and, assuming due authorization, execution and delivery of the other parties thereto, constitutes constitute the valid and binding agreement agreements of the Company, enforceable in accordance with its their respective terms, except (i) as such enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally, (ii) as enforceability of any indemnification or contribution provision may be limited under the federal and state securities laws, and (iii) that the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought.

Validity of Agreements. Each of the The Warrant Agreement, the Option Agreement, Trust Agreement and the Services Agreement and the Trust Agreement has have been duly and validly authorized by the Company and, assuming due authorization, execution and delivery of the other parties thereto, constitutes constitute the valid and binding agreement agreements of the Company, enforceable in accordance with its their respective terms, except (i) as such enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally, (ii) as enforceability of any indemnification or contribution provision may be limited under the federal and state securities laws, and (iii) that the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought.