Common use of Authorization of the Sponsor Warrants Clause in Contracts

Authorization of the Sponsor Warrants. The Sponsor Warrants, when delivered upon the 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 principles of general applicability.

Authorization of the Sponsor Warrants. The Sponsor WarrantsWarrants have been duly authorized by the Company and, when issued and delivered upon in the consummation of manner set forth in the OfferingWarrant Agreement and the Warrant Subscription Agreement, will be duly executed, authenticated issued and issued, 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.

Authorization of the Sponsor Warrants. The Sponsor Warrants, when delivered upon the consummation of the Offering, will be duly executed, authenticated issued and issueddelivered, 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.