Common use of The Private Placement Warrants Clause in Contracts

The Private Placement Warrants. The Private Placement Warrants to be issued and sold by the Company under the Warrant Purchase Agreements have been duly authorized by the Company and, when issued and delivered in the manner set forth in the Warrant Agreement against payment therefor by the Sponsor, FL Co-Investment, Intrepid Financial Partners and each independent director nominee and certain officers of the Company, respectively, pursuant to their respective Warrant Purchase Agreements, will be duly and validly issued and delivered, will constitute valid and legally binding obligations of the Company enforceable against the Company in accordance with their terms, subject to Enforceability Exceptions, and will conform to the descriptions thereof in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

Appears in 2 contracts

Sources: Underwriting Agreement (Flame Acquisition Corp.), Underwriting Agreement (Flame Acquisition Corp.)