Common use of Private Placement Units Clause in Contracts

Private Placement Units. The Private Placement Units, when delivered upon the consummation of the Offering, will be duly issued and delivered, and will constitute valid and binding obligations of the Company, enforceable against the Company in accordance with their 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 14 contracts

Sources: Underwriting Agreement (JENA ACQUISITION Corp II), Underwriting Agreement (Jena Acquisition Corporartion Ii), Underwriting Agreement (Siddhi Acquisition Corp (Cayman Islands))