Common use of Option Units Clause in Contracts

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 units from the Company ("OVER-ALLOTMENT OPTION"). Such additional 4,500,000 units are hereinafter referred to as "OPTION UNITS." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 4 contracts

Samples: Underwriting Agreement (Stone Arcade Acquisition CORP), Underwriting Agreement (Stone Arcade Acquisition CORP), Underwriting Agreement (Stone Arcade Acquisition CORP)

AutoNDA by SimpleDocs

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 1,050,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 1,050,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 4 contracts

Samples: Underwriting Agreement (Fortress America Acquisition CORP), Underwriting Agreement (Fortress America Acquisition CORP), Underwriting Agreement (Fortress America Acquisition CORP)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 918,750 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 918,750 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock Shares and the Warrants included in the Units and the shares of Common Stock Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 4 contracts

Samples: Underwriting Agreement (Staccato Acquisition Corp.), Underwriting Agreement (Staccato Acquisition Corp.), Underwriting Agreement (Symphony Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 675,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 675,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock Ordinary Shares and the Warrants included in the Units and the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 3 contracts

Samples: Underwriting Agreement (Spring Creek Acquisition Corp.), Underwriting Agreement (Spring Creek Acquisition Corp.), Underwriting Agreement (Spring Creek Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 656,250 units from the Company ("OVER-ALLOTMENT OPTION"). Such additional 4,500,000 656,250 units are hereinafter referred to as "OPTION UNITS." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 3 contracts

Samples: Underwriting Agreement (Asia Automotive Acquisition Corp.), Underwriting Agreement (Asia Automotive Acquisition Corp.), Underwriting Agreement (Asia Automotive Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 750,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 750,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock Ordinary Shares and the Warrants included in the Units and the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 3 contracts

Samples: Underwriting Agreement (China Discovery Acquisition Corp.), Underwriting Agreement (China Discovery Acquisition Corp.), Underwriting Agreement (China Discovery Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 675,000 units from the Company ("OVEROver-ALLOTMENT OPTIONallotment Option"). Such additional 4,500,000 units 675,000 units, the net proceeds of which will be deposited in the Trust Account, are hereinafter referred to as "OPTION UNITSOption Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITSUnits," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIESPublic Securities." The purchase price to be paid for the each Option Units Unit will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 3 contracts

Samples: Underwriting Agreement (FMG Acquisition Corp), Underwriting Agreement (FMG Acquisition Corp), Underwriting Agreement (FMG Acquisition Corp)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 3,000,000 units from the Company ("OVERthe “Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 3,000,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as "OPTION UNITSthe “Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Securities." The purchase price to be paid for the each Option Units Unit will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.. Maxim Group LLC _____________, 2005

Appears in 2 contracts

Samples: Underwriting Agreement (Star Maritime Acquisition Corp.), Underwriting Agreement (Star Maritime Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are Underwriter is hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 600,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 600,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (Fortissimo Acquisition Corp.), Underwriting Agreement (Fortissimo Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are Underwriter is hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 3,150,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 3,150,000 units are hereinafter referred to as "OPTION UNITS“Option Units." ” Each Option Unit shall be identical to a Firm Unit. The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (Federal Services Acquisition CORP), Underwriting Agreement (Federal Services Acquisition CORP)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 3,000,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"Allotment Option”). Such additional 4,500,000 3,000,000 units are hereinafter referred to as "OPTION UNITS“Option Units." ” Each Option Unit shall be identical to a Firm Unit. The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (Shermen WSC Acquisition Corp), Underwriting Agreement (Shermen WSC Acquisition Corp)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 1,474,500 units from the Company ("OVERthe “Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 1,474,500 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (India Globalization Capital, Inc.), Underwriting Agreement (India Globalization Capital, Inc.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 1,125,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 units 1,125,000 units, the net proceeds of which will be deposited in the Trust Account, are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the each Option Units Unit will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (Arcade Acquisition Corp.), Underwriting Agreement (Arcade Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are Underwriter is hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 525,000 units from the Company ("OVEROver-ALLOTMENT OPTIONallotment Option"). Such additional 4,500,000 525,000 units are hereinafter referred to as "OPTION UNITSOption Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITSUnits," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIESPublic Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (Ascend Acquisition Corp.), Underwriting Agreement (Ascend Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are Company hereby grantedgrants to the several Underwriters, severally severally, and not jointly, an option to purchase up to an additional 4,500,000 1,200,000 units from the Company ("OVEROver-ALLOTMENT OPTIONallotment Option"). Such additional 4,500,000 1,200,000 units are hereinafter referred to as "OPTION UNITSOption Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITSUnits," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIESPublic Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (Confluence Acquisition Partners I, Inc.), Underwriting Agreement (Confluence Acquisition Partners I, Inc.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 3,000,000 units from the Company (the "OVEROver-ALLOTMENT OPTIONallotment Option"). Such additional 4,500,000 3,000,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as the "OPTION UNITSOption Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITSUnits," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIESPublic Securities." The purchase price to be paid for the each Option Units Unit will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (Star Maritime Acquisition Corp.), Underwriting Agreement (Star Maritime Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 1,200,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 1,200,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock Ordinary Shares and the Warrants included in the Units and the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (China Fortune Acquisition Corp.), Underwriting Agreement (China Fortune Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 300,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"Allotment Option”). Such additional 4,500,000 300,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock Ordinary Shares and the Warrants included in the Units and the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 2 contracts

Samples: Underwriting Agreement (FlatWorld Acquisition Corp.), Underwriting Agreement (FlatWorld Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 525,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"Allotment Option”). Such additional 4,500,000 525,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock Ordinary Shares and the Warrants included in the Units and the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (FlatWorld Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 600,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"Allotment Option”). Such additional 4,500,000 600,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock Ordinary Shares and the Warrants included in the Units and the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Cazador Acquisition Corp Ltd.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 937,500 units from the Company ("OVERthe “Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 937,500 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Phoenix India Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are Underwriter is hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 3,750,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 3,750,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Advanced Technology Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are Underwriter is hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 1,406,250 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 1,406,250 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Apex Bioventures Acquisition Corp)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 1,500,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 units 1,500,000 units, the net proceeds of which will be deposited in the Trust Account, are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the each Option Units Unit will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (International Brands Management Group LTD)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 1,200,000 units from the Company (the "OVER-ALLOTMENT OPTION"). Such additional 4,500,000 1,200,000 units are hereinafter referred to as "OPTION UNITS." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Healthcare Acquisition Corp)

AutoNDA by SimpleDocs

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 720,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 units 720,000 units, the net proceeds of which will be deposited in the Trust Account, are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units Units, and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price $10.00 per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereofUnit.

Appears in 1 contract

Samples: Underwriting Agreement (Nautilus Marine Acquisition Corp)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 900,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 1,687,500 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Rand Acquisition Corp. II)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are Underwriter is hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 1,875,000 units from the Company ("OVEROver-ALLOTMENT OPTIONAllotment Option"). Such additional 4,500,000 1,875,000 units are hereinafter referred to as "OPTION UNITSOption Units." Each Option Unit shall be identical to a Firm Unit. The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITSUnits," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIESPublic Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: North American Insurance Leaders, Inc.

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are Underwriter is hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 900,000 units from the Company ("OVEROver-ALLOTMENT OPTIONallotment Option"). Such additional 4,500,000 900,000 units are hereinafter referred to as "OPTION UNITSOption Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITSUnits," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIESPublic Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Ascend Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 2,812,500 units from the Company ("OVER-ALLOTMENT OPTION"). Such additional 4,500,000 2,812,500 units are hereinafter referred to as "OPTION UNITS." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Vector Intersect Security Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 330,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"Allotment Option”). Such additional 4,500,000 330,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock Ordinary Shares and the Warrants included in the Units and the shares of Common Stock Ordinary Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (FlatWorld Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 450,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"Allotment Option”). Such additional 4,500,000 450,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock Series A Shares and the Warrants included in the Units and the shares of Common Stock Series A Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Selway Capital Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 1,096,875 units from the Company ("OVER-ALLOTMENT OPTION"). Such additional 4,500,000 1,096,875 units are hereinafter referred to as "OPTION UNITS." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Vector Intersect Security Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are Underwriter is hereby granted, severally and not jointly, granted an option to purchase up to an additional 4,500,000 1,875,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 1,875,000 units are hereinafter referred to as "OPTION UNITS“Option Units." ” Each Option Unit shall be identical to a Firm Unit. The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Oracle Healthcare Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 2,175,000 units from the Company ("OVEROver-ALLOTMENT OPTIONallotment Option"). Such additional 4,500,000 2,175,000 units are hereinafter referred to as "OPTION UNITSOption Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITSUnits," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIESPublic Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Renaissance Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 1,125,000 units from the Company ("OVER-ALLOTMENT OPTION"). Such additional 4,500,000 1,125,000 units are hereinafter referred to as "OPTION UNITS." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (InterAmerican Acquisition Group Inc)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 2,550,000 units from the Xxxx Capital Partners, LLC , 2005 Company ("OVERthe “Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 2,550,000 units are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Boulder Specialty Brands, Inc.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 900,000 units from the Company ("OVER-ALLOTMENT OPTION"). Such additional 4,500,000 900,000 units are hereinafter referred to as "OPTION UNITS." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (InterAmerican Acquisition Group Inc)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 1,110,938 units from the Company ("OVER-ALLOTMENT OPTION"). Such additional 4,500,000 1,110,938 units are hereinafter referred to as "OPTION UNITS." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES." The purchase price to be paid for the Option Units will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Vector Intersect Security Acquisition Corp.)

Option Units. For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 4,500,000 675,000 units from the Company ("OVER“Over-ALLOTMENT OPTION"allotment Option”). Such additional 4,500,000 units 675,000 units, the net proceeds of which will be deposited in the Trust Account, are hereinafter referred to as "OPTION UNITS“Option Units." The Firm Units and the Option Units are hereinafter collectively referred to as the "UNITS“Units," and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the "PUBLIC SECURITIES“Public Securities." The purchase price to be paid for the each Option Units Unit will be the same price per Option Unit as the price per Firm Unit set forth in Section 1.1.1 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (FMG Acquisition Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.