Common use of Acquiror Units Clause in Contracts

Acquiror Units. Each Acquiror Unit outstanding immediately prior to the Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of Class A common stock of Acquiror, one-half of Acquiror Public Warrant, and one Acquiror Right in accordance with the terms of the applicable Acquiror Unit, which underlying Acquiror Securities shall be converted in accordance with the applicable terms of this Section 2.4 below.

Appears in 4 contracts

Samples: Business Combination Agreement (Prime Number Holding LTD), Business Combination Agreement (Prime Number Holding LTD), Business Combination Agreement (Prime Number Holding LTD)

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Acquiror Units. Each Acquiror Unit outstanding immediately prior to the Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of Acquiror Class A common stock of Acquiror, Common Stock and one-half third of an Acquiror Public Warrant, and one Acquiror Right Warrant in accordance with the terms of the applicable Acquiror Unit, which underlying shares of Acquiror Securities Class A Common Stock and Acquiror Warrants shall be converted adjusted in accordance with the applicable terms of this Section 2.4 below3.1(a).

Appears in 1 contract

Samples: Business Combination Agreement (Cohn Robbins Holdings Corp.)

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