Common use of The Private Placement Warrants Clause in Contracts

The Private Placement Warrants. The Private Placement Warrants, when delivered upon consummation of the offering, will be duly executed, authenticated and issued, 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 principals of general applicability.