Common use of Placement Unit Purchase Agreement Clause in Contracts

Placement Unit Purchase Agreement. Certain of the Company's officers and directors and their designees have executed and delivered an agreement, annexed as an exhibit to the Registration Statement (the "PLACEMENT UNIT PURCHASE AGREEMENT"), pursuant to which such persons, among other things, have purchased an aggregate of 150,000 Placement Units in the Private Placement. Pursuant to the Placement Unit Purchase Agreement, (i) $900,000 of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Fund in accordance with the terms of the Trust Agreement prior to the Closing, and (ii) the purchasers of the Placement Units have waived any and all rights and claims that they may have to any proceeds, and any interest thereon, held in the Trust in respect of the shares of Common Stock included in such Placement Units in the event that a Business Combination is not consummated and the Trust Fund is liquidated in accordance with the terms of the Trust Agreement.

Placement Unit Purchase Agreement. Certain of the Company's officers and directors and their designees affiliates have executed and delivered an agreement, annexed as an exhibit to Exhibit ____ of the Registration Statement (the "PLACEMENT UNIT PURCHASE AGREEMENT"), pursuant to which such persons, among other things, have purchased an aggregate of 150,000 93,750 Placement Units in the Private Placement. Pursuant to the Placement Unit Purchase Agreement, (i) $900,000 750,000 of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Fund in accordance with the terms of the Trust Agreement prior to the Closing, and (ii) the purchasers of the Placement Units have waived any and all rights and claims that they may have to any proceeds, and any interest thereon, held in the Trust in respect of the shares of Common Stock included in such Placement Units in the event that a Business Combination is not consummated and the Trust Fund is liquidated in accordance with the terms of the Trust Agreement.

Placement Unit Purchase Agreement. Certain of the Company's ’s officers and directors and their designees affiliates have executed and delivered an agreement, annexed as an exhibit to Exhibit 10.14 of the Registration Statement (the "PLACEMENT UNIT PURCHASE AGREEMENT"“Placement Unit Purchase Agreement”), pursuant to which such persons, among other things, have purchased an aggregate of 150,000 1,132,500 Placement Units in the Private Placement. Pursuant to the Placement Unit Purchase Agreement, (i) $900,000 10,452,975 of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Fund in accordance with the terms of the Trust Agreement prior to the Closing, and (ii) the purchasers of the Placement Units have waived any and all rights and claims that they may have to any proceeds, and any interest thereon, held in the Trust in respect of the shares of Common Stock included in such Placement Units in the event that a Business Combination is not consummated and the Trust Fund is liquidated in accordance with the terms of the Trust Agreement.

Placement Unit Purchase Agreement. Certain of the Company's ’s officers and directors and their designees affiliates have executed and delivered an agreement, annexed as an exhibit to Exhibit 10.14 of the Registration Statement (the "PLACEMENT UNIT PURCHASE AGREEMENT"“Placement Unit Purchase Agreement”), pursuant to which such persons, among other things, have purchased an aggregate of 150,000 125,000 Placement Units in the Private Placement. Pursuant to the Placement Unit Purchase Agreement, (i) $900,000 985,000 of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Fund in accordance with the terms of the Trust Agreement prior to the Closing, and (ii) the purchasers of the Placement Units have waived any and all rights and claims that they may have to any proceeds, and any interest thereon, held in the Trust in respect of the shares of Common Stock included in such Placement Units in the event that a Business Combination is not consummated and the Trust Fund is liquidated in accordance with the terms of the Trust Agreement.

Placement Unit Purchase Agreement. Certain of the Company's ’s officers and directors and their designees have executed and delivered an agreement, annexed as an exhibit to the Registration Statement (the "PLACEMENT UNIT PURCHASE AGREEMENT"“Placement Unit Purchase Agreement”), pursuant to which such persons, among other things, have purchased an aggregate of 150,000 187,500 Placement Units in the Private Placement. Pursuant to the Placement Unit Purchase Agreement, (i) $900,000 1,500,000 of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Fund in accordance with the terms of the Trust Agreement prior to the Closing, and (ii) the purchasers of the Placement Units have waived any and all rights and claims that they may have to any proceeds, and any interest thereon, held in the Trust in respect of the shares of Common Stock included in such Placement Units in the event that a Business Combination is not consummated and the Trust Fund is liquidated in accordance with the terms of the Trust Agreement.

Placement Unit Purchase Agreement. Certain of the Company's officers and directors and their designees affiliates have executed and delivered an agreement, annexed as an exhibit to Exhibit 10.7 of the Registration Statement (the "PLACEMENT UNIT PURCHASE AGREEMENT"), pursuant to which such persons, among other things, have purchased an aggregate of 150,000 187,500 Placement Units in the Private Placement. Pursuant to the Placement Unit Purchase Agreement, (i) $900,000 1,500,000 of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Fund in accordance with the terms of the Trust Agreement prior to the Closing, and (ii) the purchasers of the Placement Units have waived any and all rights and claims that they may have to any proceeds, and any interest thereon, held in the Trust in respect of the shares of Common Stock included in such Placement Units in the event that a Business Combination is not consummated and the Trust Fund is liquidated in accordance with the terms of the Trust Agreement.

Placement Unit Purchase Agreement. Certain of the Company's ’s officers and directors and their designees have executed and delivered an agreement, annexed as an exhibit to the Registration Statement (the "PLACEMENT UNIT PURCHASE AGREEMENT"“Placement Unit Purchase Agreement”), pursuant to which such persons, among other things, have purchased an aggregate of 150,000 292,660 Placement Units in the Private Placement. Pursuant to the Placement Unit Purchase Agreement, (i) $900,000 2,247,629 of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Fund in accordance with the terms of the Trust Agreement prior to the Closing, and (ii) the purchasers of the Placement Units have waived any and all rights and claims that they may have to any proceeds, and any interest thereon, held in the Trust in respect of the shares of Common Stock included in such Placement Units in the event that a Business Combination is not consummated and the Trust Fund is liquidated in accordance with the terms of the Trust Agreement.

Placement Unit Purchase Agreement. Certain of the Company's ’s officers and directors and their designees affiliates have executed and delivered an agreement, annexed as an exhibit to the Registration Statement (the "PLACEMENT UNIT PURCHASE AGREEMENT"“Placement Unit Purchase Agreement”), pursuant to which such persons, among other things, have purchased an aggregate of 150,000 250,000 Placement Units in the Private Placement. Pursuant to the Placement Unit Purchase Agreement, (i) $900,000 1,425,000 of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Fund in accordance with the terms of the Trust Agreement prior to the Closing, and (ii) the purchasers of the Placement Units have waived any and all rights and claims that they may have to any proceeds, and any interest thereon, held in the Trust in respect of the shares of Common Stock included in such Placement Units in the event that a Business Combination is not consummated and the Trust Fund is liquidated in accordance with the terms of the Trust Agreement.