Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 9 contracts
Sources: Underwriting Agreement (Viking Acquisition Corp. II), Underwriting Agreement (Viking Acquisition Corp. II), Underwriting Agreement (Viking Acquisition Corp. II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0001,800,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 8 contracts
Sources: Underwriting Agreement (Samos Energy Acquisition Corp), Underwriting Agreement (Samos Energy Acquisition Corp), Underwriting Agreement (QDRO Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date at the Representative’s election by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit (which includes $0.40 per Option Unit of Deferred Underwriting Commission) shall be deposited in the Trust Account pursuant to the Trust Agreement Agreement, along with such portion of the gross proceeds of the sale of Private Units, in order for the initial funds in the Trust Account to equal the product of the number of Public Units sold and the Public Offering Price, upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units Unit (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days business days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day business day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for the applicable Option Units.
Appears in 7 contracts
Sources: Underwriting Agreement (Plutonian Acquisition Corp. II), Underwriting Agreement (Plutonian Acquisition Corp. II), Underwriting Agreement (Plutonian Acquisition Corp. II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.65 per Option Unit (up to $1,200,0001,950,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 7 contracts
Sources: Underwriting Agreement (Cartesian Growth Corp III), Underwriting Agreement (Fifth Era Acquisition Corp I), Underwriting Agreement (Fifth Era Acquisition Corp I)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000900,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 6 contracts
Sources: Underwriting Agreement (Insight Digital Partners II), Underwriting Agreement (Insight Digital Partners II), Underwriting Agreement (Digital Asset Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account for the Option Units on the Option Closing Date will include be $0.40 10.00 per Unit, including: (i) the purchase price (net of discounts and commissions) of $9.95 per Option Unit and (up to ii) $1,200,000), up to which amount shall be payable to 0.05 per Option Unit as part of the Representative as Deferred Underwriting Commission proceeds from the Sponsor in accordance connection with the Private Placement set forth in Section 1.3 hereof1.5.2. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 6 contracts
Sources: Underwriting Agreement (QuasarEdge Acquisition Corp), Underwriting Agreement (QuasarEdge Acquisition Corp), Underwriting Agreement (GalaxyEdge Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Representatives of certificates (in form and substance satisfactory to the RepresentativeRepresentatives) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentatives. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative Representatives, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests Representatives request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative Representatives for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Representatives for applicable Option Units.
Appears in 5 contracts
Sources: Underwriting Agreement (Spring Valley Acquisition Corp. IV), Underwriting Agreement (Spring Valley Acquisition Corp. IV), Underwriting Agreement (Spring Valley Acquisition Corp. III)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.35 per Option Unit (up to $1,200,0001,575,000), up to which amount shall be payable to the Representative of the Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 4 contracts
Sources: Underwriting Agreement (Sierra Lake Acquisition Corp.), Underwriting Agreement (Pine Technology Acquisition Corp.), Underwriting Agreement (Pine Technology Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date at the Representative’s election by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.85 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement Agreement, along with such portion of the gross proceeds of the sale of Private Units, in order for the initial funds in the Trust Account to equal the product of the number of Public Units sold and the Public Offering Price, upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units Unit (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for the applicable Option Units.
Appears in 4 contracts
Sources: Underwriting Agreement (Lakeshore Acquisition III Corp.), Underwriting Agreement (Lakeshore Acquisition III Corp.), Underwriting Agreement (Lakeshore Acquisition III Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance reasonably satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 4 contracts
Sources: Underwriting Agreement (Bitcoin Infrastructure Acquisition Corp LTD), Underwriting Agreement (Bitcoin Infrastructure Acquisition Corp LTD), Underwriting Agreement (CSLM Digital Asset Acquisition Corp III, LTD)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.70 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement Agreement, which amount includes the Deferred Corporate Finance Fee, and the remaining proceeds, if any, shall be paid (subject to Section 3.13 hereof) to the order of the Company upon delivery to the Representative Underwriters of certificates (in form and substance satisfactory to the RepresentativeUnderwriters) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereofUnderwriters. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 4 contracts
Sources: Underwriting Agreement (BGS Acquisition Corp.), Underwriting Agreement (BGS Acquisition Corp.), Underwriting Agreement (BGS Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0001,800,000), up to which amount shall be payable to the Representative Representative, for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 4 contracts
Sources: Underwriting Agreement (Wilco 63 Corp), Underwriting Agreement (FutureCorp Space Acquisition 1), Underwriting Agreement (Wilco 63 Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.35 per Option Unit (up to $1,200,000787,500), up to which amount shall be payable to the Representative of the Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. In addition to the Underwriters’ payments with respect to the Option Units, additional payments shall be made in accordance with this Agreement prior to the Option Closing Date by wire transfer in Federal (same day) funds, as follows: $0.20 per Option Unit pursuant to the Sponsor Loan. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Arbor Rapha Capital Bioholdings Corp. I), Underwriting Agreement (Arbor Rapha Capital Bioholdings Corp. I), Underwriting Agreement (Arbor Rapha Capital Bioholdings Corp. I)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Representatives of certificates (in form and substance satisfactory to the RepresentativeRepresentatives) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentatives. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,0001,350,000), up to which amount shall be payable to the Representative Representatives, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests Representatives request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative Representatives for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Representatives for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Armada Acquisition Corp. III), Underwriting Agreement (Armada Acquisition Corp. III), Underwriting Agreement (Armada Acquisition Corp. III)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0001,800,000), up to which amount shall be payable to the Representative Representative, for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Soulpower Acquisition Corp.), Underwriting Agreement (Cohen Circle Acquisition Corp. I), Underwriting Agreement (Cohen Circle Acquisition Corp. I)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account for the Option Units on the Option Closing Date will include be $10.00 per Unit, including: (i) the purchase price (net of discounts and commissions) of $9.525 per Option Unit, (ii) $0.40 per Option Unit (up to $1,200,000)Unit, up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof, and (iii) $0.075 per Option Unit as part of the proceeds from the Sponsor in connection with the Private Placement set forth in Section 1.4.2. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Quantumsphere Acquisition Corp), Underwriting Agreement (Quartzsea Acquisition Corp), Underwriting Agreement (Quartzsea Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.775 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Viking Acquisition Corp I), Underwriting Agreement (Viking Acquisition Corp I), Underwriting Agreement (Viking Acquisition Corp I)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0002,349,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Osprey Acquisition Corp. III), Underwriting Agreement (Osprey Acquisition Corp. III), Underwriting Agreement (Aldabra 4 Liquidity Opportunity Vehicle, Inc.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0001,575,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (InterPrivate Investment Partners V, Inc.), Underwriting Agreement (InterPrivate Investment Partners V, Inc.), Underwriting Agreement (InterPrivate Investment Partners V, Inc.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000900,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Twelve Seas Investment Co III/Cayman), Underwriting Agreement (Twelve Seas Investment Co III/Cayman), Underwriting Agreement (Dune Acquisition Corp II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date at the Representative’s election by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.85 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement Agreement, along with such portion of the gross proceeds of the sale of Private Units, in order for the initial funds in the Trust Account to equal the product of the number of Public Units sold and the Public Offering Price, upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for the applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Blueport Acquisition LTD), Underwriting Agreement (Blueport Acquisition LTD), Underwriting Agreement (Blueport Acquisition LTD)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,0001,080,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Hall Chadwick Acquisition Corp), Underwriting Agreement (Hall Chadwick Acquisition Corp), Underwriting Agreement (Hall Chadwick Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.40 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Representatives of certificates (in form and substance satisfactory to the RepresentativeRepresentatives) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeUnderwriters. The amount to be deposited in the Trust Account will include Representatives shall also place an aggregate of $0.40 0.35 per Option Unit (up to $1,200,000525,000), up to which amount shall be payable to the Representative Representatives for the account of the Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof, in the Trust Account. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative Representatives for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (KBL Merger Corp. Iv), Underwriting Agreement (KBL Merger Corp. Iv), Underwriting Agreement (KBL Merger Corp. Iv)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000900,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Invest Green Acquisition Corp), Underwriting Agreement (Invest Green Acquisition Corp), Underwriting Agreement (EGH Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date at the Representative’s election by wire transfer in Federal (same day) funds, payable as follows: (i) the proceeds received by the Company from the Offering for the Option Units at the price of $9.80 9.955 per Option Unit Unit, inclusive of the Deferred Underwriting Commission (as described in Section 1.6(b)), and (ii) the sale of the Private Units (as described in Section 1.4.2) shall be deposited in the Trust Account pursuant to the Trust Agreement Agreement, upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeUnderwriters. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount Units shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such name or names and in such authorized denominations as the Representative requests may request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and and, if delivery is not made through the facilities of DTC, will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent inspection not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for the applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Starlink AI Acquisition Corp), Underwriting Agreement (Starlink AI Acquisition Corp), Underwriting Agreement (Starlink AI Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.65 per Option Unit (up to $1,200,0002,437,500), up to which amount shall be payable to the Representative Representative, for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (HCM IV Acquisition Corp.), Underwriting Agreement (HCM IV Acquisition Corp.), Underwriting Agreement (HCM IV Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000900,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Iris Acquisition Corp II), Underwriting Agreement (Iris Acquisition Corp II), Underwriting Agreement (Iris Acquisition Corp II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account for the Option Units on the Option Closing Date will include be $0.40 10.00 per Unit, including: (i) the purchase price (net of discounts and commissions) of $9.95 per Option Unit Unit, and (up to ii) $1,200,000)0.05 per Option Unit, up to which amount shall be payable to as part of the Representative as Deferred Underwriting Commission proceeds from the Sponsor in accordance connection with the Private Placement set forth in Section 1.3 hereof1.5.2. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (OceanLight Acquisition Corp), Underwriting Agreement (OceanLight Acquisition Corp), Underwriting Agreement (Albatross Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The , and the amount of the payment for the Option Units to be deposited in the Trust Account will include $0.40 0.55 per Option Unit (up to $1,200,0004,125,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Drugs Made in America Acquisition II Corp.), Underwriting Agreement (Drugs Made in America Acquisition II Corp.), Underwriting Agreement (Drugs Made in America Acquisition II Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,0001,000,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (M Evo Global Acquisition Corp II), Underwriting Agreement (M Evo Global Acquisition Corp II), Underwriting Agreement (Evolution Global Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentative on behalf of the Underwriters. The amount to be deposited in the Trust Account will include $0.40 0.55 per Option Unit (up to $1,200,0001,443,750), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The Company has agreed that, in the event the Over-allotment Option is exercised, they and/or their designees shall cause to be deposited an amount of additional funds such that the amount of funds in the Trust Account shall be $10.00 per Public Share sold in the Offering. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Thayer Ventures Acquisition Corp II), Underwriting Agreement (Thayer Ventures Acquisition Corp II), Underwriting Agreement (Thayer Ventures Acquisition Corp II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.70 per Option Unit (up to $1,200,0003,150,000), up to which amount shall be payable to the Representative of the Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Sierra Lake Acquisition Corp.), Underwriting Agreement (Sierra Lake Acquisition Corp.), Underwriting Agreement (Sierra Lake Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,0009,200,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 3 contracts
Sources: Underwriting Agreement (Crane Harbor Acquisition Corp.), Underwriting Agreement (Crane Harbor Acquisition Corp.), Underwriting Agreement (Crane Harbor Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0002,250,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (FutureCrest Acquisition Corp.), Underwriting Agreement (FutureCrest Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.65 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement Agreement, which amount includes the Deferred Corporate Finance Fee, and the remaining proceeds, if any, shall be paid (subject to Section 3.13 hereof) to the order of the Company upon delivery to the Representative Underwriters of certificates (in form and substance satisfactory to the RepresentativeUnderwriters) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereofUnderwriters. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (BGS Acquisition Corp.), Underwriting Agreement (BGS Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentative on behalf of the Underwriters. The amount to be deposited in the Trust Account will include $0.40 0.35 per Option Unit (up to $1,200,0001,050,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The Company has agreed that, in the event the Over-allotment Option is exercised, they and/or their designees shall cause to be deposited an amount of additional funds such that the amount of funds in the Trust Account shall be $10.05 per Public Share sold in the Offering. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Vine Hill Capital Investment Corp.), Underwriting Agreement (Vine Hill Capital Investment Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.65 per Option Unit (up to $1,200,0002,145,000), up to which amount shall be payable to the Representative Representative, for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (HCM Iii Acquisition Corp.), Underwriting Agreement (HCM Iii Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.65 per Option Unit (up to $1,200,0001,950,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Sizzle Acquisition Corp. II), Underwriting Agreement (Sizzle Acquisition Corp. II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0002,349,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (New Providence Acquisition Corp. III/Cayman), Underwriting Agreement (New Providence Acquisition Corp. III/Cayman)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Representatives of certificates (in form and substance satisfactory to the RepresentativeRepresentatives) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentatives. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.39 per Option Unit (up to $1,200,0001,462,500), up to which amount shall be payable to the Representative Representatives, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests Representatives request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative Representatives for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Representatives for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Berto Acquisition Corp.), Underwriting Agreement (Berto Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,0001,500,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Keystone Acquisition Corp.), Underwriting Agreement (Keystone Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0002,160,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Phalanx Acquisition Corp I), Underwriting Agreement (Trailblazer Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0002,250,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Bleichroeder Acquisition Corp. II), Underwriting Agreement (Bleichroeder Acquisition Corp. II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentative on behalf of the Underwriters. The amount to be deposited in the Trust Account will include $0.40 0.35 per Option Unit (up to $1,200,0001,050,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The Company has agreed that, in the event the Over-allotment Option is exercised, they and/or their designees shall cause to be deposited an amount of additional funds such that the amount of funds in the Trust Account shall be $10.00 per Public Share sold in the Offering. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Vine Hill Capital Investment Corp. II), Underwriting Agreement (Vine Hill Capital Investment Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account for the Option Units on the Option Closing Date will include be $0.40 10.00 per Option Unit Unit, including: (up to $1,200,000), up to which amount shall be i) the purchase price (net of discounts and commissions payable to the Representative as Deferred Underwriting Commission Underwriters in accordance with Section 1.3 hereof) of $9.9625 per Option Unit and (ii) such portion of the gross proceeds of the sale of Placement Units to the Sponsor in connection with the Private Placement as set forth in Section 1.5.2, in order for the initial funds in the Trust Account to equal the product of the number of Units sold and $10.00 per Unit. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (White Pearl Acquisition Corp.), Underwriting Agreement (White Pearl Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.85 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentative on behalf of the Underwriters. The amount to be deposited in the Trust Account will include $0.40 0.25 per Option Unit (up to $1,200,000750,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The Company has agreed that, in the event the Over-allotment Option is exercised, they and/or their designees shall cause to be deposited an amount of additional funds such that the amount of funds in the Trust Account shall be $10.00 per Public Share sold in the Offering. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (X3 Acquisition Corp. Ltd.), Underwriting Agreement (X3 Acquisition Corp. Ltd.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date at the Representative’s election by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.90 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement Agreement, along with such portion of the gross proceeds of the sale of Private Units, in order for the funds in the Trust Account to equal the product of the number of Public Units sold and the Public Offering Price, upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units Unit (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for the applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (APEX Tech Acquisition Inc.), Underwriting Agreement (APEX Tech Acquisition Inc.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account for the Option Units on the Option Closing Date will include be $0.40 10.00 per Option Unit Unit, including: (up to $1,200,000), up to which amount shall be i) the purchase price (net of discounts and commissions payable to the Representative as Deferred Underwriting Commission Underwriters in accordance with Section 1.3 hereof) of $9.85 per Option Unit and (ii) such portion of the gross proceeds of the sale of Placement Units to the Sponsor in connection with the Private Placement as set forth in Section 1.4.2, in order for the initial funds in the Trust Account to equal the product of the number of Units sold and $10.00 per Unit. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Mountain Crest Acquisition 6 Corp.), Underwriting Agreement (Mountain Crest Acquisition 6 Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0001,800,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Lionheart Holdings), Underwriting Agreement (Lionheart Holdings)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account for the Option Units on the Option Closing Date will include be $0.40 10.00 per Option Unit Unit, including: (up to $1,200,000), up to which amount shall be i) the purchase price (net of discounts and commissions payable to the Representative as Deferred Underwriting Commission Underwriters in accordance with Section 1.3 hereof) of $9.925 per Option Unit and (ii) such portion of the gross proceeds of the sale of Placement Units to the Sponsor in connection with the Private Placement as set forth in Section 1.4.2, in order for the initial funds in the Trust Account to equal the product of the number of Units sold and $10.00 per Unit. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (White Pearl Acquisition Corp.), Underwriting Agreement (White Pearl Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (AParadise Acquisition Corp.), Underwriting Agreement (AParadise Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date at the Representative’s election by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement Agreement, along with such portion of the gross proceeds of the sale of Private Units, in order for the funds in the Trust Account to equal the product of the number of Public Units sold and the Public Offering Price, upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units Unit (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for the applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Starry Sea Acquisition Corp), Underwriting Agreement (Starry Sea Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.65 per Option Unit (up to $1,200,0002,544,750), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (WEN Acquisition Corp), Underwriting Agreement (WEN Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.65 per Option Unit (up to $1,200,0001,950,000), up to which amount shall be payable to the Representative Representative, for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Launchpad Cadenza Acquisition Corp I), Underwriting Agreement (Launchpad Cadenza Acquisition Corp I)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date at the Representative’s election by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.65 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement Agreement, along with such portion of the gross proceeds of the sale of Private Units, in order for the initial funds in the Trust Account to equal the product of the number of Public Units sold and the Public Offering Price, upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for the applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Ocean Capital Acquisition Corp), Underwriting Agreement (Ocean Capital Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,00011,500,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Crane Harbor Acquisition Corp. II), Underwriting Agreement (Crane Harbor Acquisition Corp. II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,0001,050,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Hennessy Capital Investment Corp. VII), Underwriting Agreement (Hennessy Capital Investment Corp. VII)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.55 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include Underwriters shall also place an aggregate of $0.40 0.35 per Option Unit (up to $1,200,000315,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof, in the Trust Account. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Embrace Change Acquisition Corp.), Underwriting Agreement (Embrace Change Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0001,179,000), up to which amount shall be payable to the Representative Representative, for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (FIGX Capital Acquisition Corp.), Underwriting Agreement (FIGX Capital Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (BOA Acquisition Corp. II), Underwriting Agreement (Cal Redwood Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.025 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000750,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Dune Acquisition Corp II), Underwriting Agreement (Dune Acquisition Corp II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account for the Option Units on the Option Closing Date will include be $0.40 10.00 per Option Unit Unit, including: (up to $1,200,000), up to which amount shall be i) the purchase price (net of discounts and commissions payable to the Representative as Deferred Underwriting Commission Underwriters in accordance with Section 1.3 hereof) of $9.925 per Option Unit and (ii) such portion of the gross proceeds of the sale of Placement Units to the Sponsors in connection with the Private Placement as set forth in Section 1.4.2, in order for the initial funds in the Trust Account to equal the product of the number of Units sold and $10.00 per Unit. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Vernal Capital Acquisition Corp.), Underwriting Agreement (Vernal Capital Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.05 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Texas Ventures Acquisition III Corp), Underwriting Agreement (Texas Ventures Acquisition III Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.65 per Option Unit (up to $1,200,0002,145,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Oxley Bridge Acquisition LTD), Underwriting Agreement (Oxley Bridge Acquisition LTD)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account for the Option Units on the Option Closing Date will include be $0.40 10.025 per Option Unit Unit, including: (up to $1,200,000), up to which amount shall be i) the purchase price (net of discounts and commissions including the Deferred Underwriting Commission payable to the Representative as Deferred Underwriting Commission Underwriters in accordance with Section 1.3 hereof) of $9.80 per Option Unit and (ii) such portion of the gross proceeds of the sale of Placement Units to the Sponsor in connection with the Private Placement as set forth in Section 1.4.2, in order for the initial funds in the Trust Account to equal the product of the number of Units sold and $10.025 per Unit. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Wintergreen Acquisition Corp.), Underwriting Agreement (Wintergreen Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0002,250,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Cartesian Growth Corp IV), Underwriting Agreement (Cartesian Growth Corp IV)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.39 per Option Unit (up to $1,200,0001,462,500), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units. For the avoidance of doubt, the purchase price per Option Unit shall be $10.00 and shall not be subject to adjustment pursuant to Section 1.1.2; the Upfront Underwriting Discount applies solely to the Firm Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Berto Acquisition Corp. II), Underwriting Agreement (Berto Acquisition Corp. II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,0001,350,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The Representative shall reimburse the Company up to $1,037,500 of offering expenses on the Closing Date. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Talon Capital Corp.), Underwriting Agreement (Talon Capital Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.05 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000900,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Texas Ventures Acquisition IV Corp), Underwriting Agreement (Texas Ventures Acquisition IV Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.65 per Option Unit (up to $1,200,0002,437,500), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (GP-Act III Acquisition Corp.), Underwriting Agreement (GP-Act III Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date at the Representative’s election by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement Agreement, along with such portion of the gross proceeds of the sale of Private Units, in order for the funds in the Trust Account to equal the product of the number of Public Units sold and the Public Offering Price, upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units Unit (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two one (21) full Business Days Day prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for the applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Westin Acquisition Corp), Underwriting Agreement (Westin Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.65 per Option Unit (up to $1,200,0002,925,000), up to which amount shall be payable to the Representative Representative, for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (M3-Brigade Acquisition VI Corp.), Underwriting Agreement (M3-Brigade Acquisition VI Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Representatives of certificates (in form and substance satisfactory to the RepresentativeRepresentatives) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentatives. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests Representatives request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative Representatives for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Representatives for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Cal Redwood Acquisition Corp.), Underwriting Agreement (Cal Redwood Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentative on behalf of the Underwriters. The amount to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0001,350,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The Company has agreed that, in the event the Over-allotment Option is exercised, they and/or their designees shall cause to be deposited an amount of additional funds such that the amount of funds in the Trust Account shall be $10.05 per Public Share sold in the Offering. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Solarius Capital Acquisition Corp.), Underwriting Agreement (Solarius Capital Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Representatives of certificates (in form and substance satisfactory to the RepresentativeRepresentatives) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeUnderwriters. The amount to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0001,980,000), up to which amount shall be payable to the Representative Representatives, for the account of the Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests Representatives request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative Representatives for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Representatives for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (BTC Development Corp.), Underwriting Agreement (BTC Development Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,0006,900,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Sky Acquisition Group), Underwriting Agreement (Sky Acquisition Group)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance reasonably satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.45 per Option Unit (up to $1,200,0001,350,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Endurance Acquisition Corp.), Underwriting Agreement (Endurance Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000900,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Tailwind 2.0 Acquisition Corp.), Underwriting Agreement (Tailwind 2.0 Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0002,700,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Meshflow Acquisition Corp), Underwriting Agreement (Meshflow Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Representatives of certificates (in form and substance satisfactory to the RepresentativeRepresentatives) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentatives. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,0001,050,000), up to which amount shall be payable to the Representative Representatives, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests Representatives request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative Representatives for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Representatives for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Axiom Intelligence Acquisition Corp 1), Underwriting Agreement (Axiom Intelligence Acquisition Corp 1)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0002,700,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (Bleichroeder Acquisition Corp. III), Underwriting Agreement (Bleichroeder Acquisition Corp. III)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000600,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 2 contracts
Sources: Underwriting Agreement (SHUAA Partners Acquisition Corp I), Underwriting Agreement (SHUAA Partners Acquisition Corp I)
Payment and Delivery. Payment for the Option Units Shares shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.70 per Option Unit Share shall be deposited by the Representative in the Trust Account pursuant to the Trust Agreement Agreement, along with such portion of proceeds of the sales of Placement Shares, in order for the funds in the Trust Account to equal $10.00 per Share, upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units Shares (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units Shares to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) one full Business Days Day prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units Shares except upon tender of payment by the Representative Underwriters for applicable Option UnitsShares.
Appears in 1 contract
Sources: Underwriting Agreement (One Universe Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.05 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.55 per Option Unit (up to $1,200,0001,650,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Patriot Acquisition Corp./Ci)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.58 per Option Unit shall be deposited by the Representative in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.35 per Option Unit (up to $1,200,000787,500), up to which amount shall be payable to the Representative as Deferred Underwriting Commission in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 1 contract
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentative on behalf of the Underwriters. The amount to be deposited in the Trust Account will include $0.40 0.35 per Option Unit (up to $1,200,000918,750), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The Company has agreed that, in the event the Over-allotment Option is exercised, they and/or their designees shall cause to be deposited an amount of additional funds such that the amount of funds in the Trust Account shall be $10.00 per Public Share sold in the Offering. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Vine Hill Capital Investment Corp. II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.65 per Option Unit (up to $1,200,0001,950,000), up to which amount shall be payable to the Representative Representative, for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 1 contract
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.40 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Underwriters of certificates (in form and substance satisfactory to the RepresentativeUnderwriters) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeUnderwriters. The amount to be deposited in the Trust Account will include Underwriters shall also place an aggregate of $0.40 0.30 per Option Unit (up to $1,200,000675,000), up to which amount shall be payable to the Representative and Cantor (as defined below), as a Deferred Underwriting Commission Corporate Finance Fee (as defined below), in accordance with Section 1.3 hereof, in the Trust Account. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Quinpario Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0001,800,000), up to which amount shall be payable to the Representative for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (American Drive Acquisition Co)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Representatives of certificates (in form and substance satisfactory to the RepresentativeRepresentatives) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentatives, provided that no discounts or commissions nor the Deferred Underwriting Commission shall be deducted from the purchase price per Option Unit sold to investors identified and referred or otherwise directly introduced by the Sponsor and in such cases the purchase price per Option Unit shall be $10.00. The amount to be deposited in the Trust Account will include $0.40 0.30 per Option Unit (up to $1,200,000675,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests Representatives request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative Representatives for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Black Spade Acquisition II Co)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Representatives of certificates (in form and substance satisfactory to the RepresentativeRepresentatives) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentatives. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.20 per Option Unit (up to $1,200,000525,000), up to which amount shall be payable to the Representative CCM as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests Representatives request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative Representatives for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Representatives for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Hennessy Capital Investment Corp. VIII)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0002,250,000), up to which amount shall be payable to the Representative Representative, for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 1 contract
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0001,575,000), up to which amount shall be payable to the Representative Representative, for its own account, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Option Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Option Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Meridian3 Industrials Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.70 per Option Unit (up to $1,200,0002,310,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Voyager Acquisition Corp. II)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.85 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account for the Option Units on the Option Closing Date will include be $0.40 10.175 per Unit, including: (i) the purchase price (net of discounts and commissions) of $9.55 per Option Unit Unit, (up to ii) $1,200,000)0.30 per Option Unit, up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof, and (iii) $0.325 per Option Unit as part of the proceeds from the Sponsor in connection with the Private Placement set forth in Section 1.4.2. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Cetus Capital Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative Representatives of certificates (in form and substance satisfactory to the RepresentativeRepresentatives) representing the Option Units (or through the facilities of DTC) for the account of the RepresentativeRepresentatives. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 per Option Unit (up to $1,200,000900,000), up to which amount shall be payable to the Representative Representatives, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests Representatives request in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative Representatives for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Representatives for applicable Option Units.
Appears in 1 contract
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 9.82.5 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.35 per Option Unit (up to $1,200,000315,000), up to which amount shall be payable to the Representative Underwriters, as Deferred Underwriting Commission Discounts, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Aquarius II Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account will include $0.40 0.50 per Option Unit (up to $1,200,0001,125,000), up to which amount shall be payable to the Representative of the Underwriters, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Intelligent Medicine Acquisition Corp.)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount to be deposited in the Trust Account for the Option Units on the Option Closing Date will include be $0.40 10.00 per Option Unit Unit, including: (up to $1,200,000), up to which amount shall be i) the purchase price (net of discounts and commissions payable to the Representative as Deferred Underwriting Commission Underwriters in accordance with Section 1.3 hereof) of $9.875 per Option Unit and (ii) such portion of the gross proceeds of the sale of Placement Units to the Sponsor in connection with the Private Placement as set forth in Section 1.4.2, in order for the initial funds in the Trust Account to equal the product of the number of Units sold and $10.00 per Unit. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative Underwriters for applicable Option Units.
Appears in 1 contract
Sources: Underwriting Agreement (Future Money Acquisition Corp)
Payment and Delivery. Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $9.80 10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative. The amount of the payments for the Option Units to be deposited in the Trust Account will include $0.40 0.60 per Option Unit (up to $1,200,0003,150,000), up to which amount shall be payable to the Representative Representative, as Deferred Underwriting Commission Commission, in accordance with Section 1.3 hereof. The certificates representing the Option Units to be delivered will be in such denominations and registered in such names as the Representative requests in writing not less than two (2) full Business Days prior to the Closing Date or the Option Closing Date, as the case may be, and will be made available to the Representative for inspection, checking and packaging at the aforesaid office of the Company’s transfer agent or correspondent not less than one (1) full Business Day prior to such Closing Date. The Company shall not be obligated to sell or deliver the Option Units except upon tender of payment by the Representative for applicable Option Units.
Appears in 1 contract