Common use of Purchase and Sale of the Founders’ Units and Private Placement Warrants Clause in Contracts

Purchase and Sale of the Founders’ Units and Private Placement Warrants. Concurrently with the execution and delivery of this Agreement, in the case of the Founders’ Units, and concurrently with the closing of the Initial Public Offering, in the case of the Private Placement Warrants, or as each such date may be extended from time to time by mutual agreement of the parties (in each case, the “Closing Date”), the Company shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company, the Founders’ Units (consisting of the Founders’ Shares and Founders’ Warrants) for the Founders’ Units Purchase Price and the Private Placement Warrants for the Private Placement Warrants Purchase Price, respectively. On the applicable Closing Date, the Company shall deliver certificates evidencing the Founders’ Units, Founders’ Shares and Founders’ Warrants, or the Private Placement Warrants, as the case may be, to be purchased by the Purchaser hereunder, in each case registered in the Purchaser’s name, upon the payment by the Purchaser of the Founders’ Units Purchase Price or the Private Placement Warrants Purchase Price, as the case may be, by wire transfer of immediately available funds (or by such other means as the Company and the Purchaser shall agree) to the Company in accordance with the Company’s instructions.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Leopard Acquisition Corp.), Securities Purchase Agreement (Leopard Acquisition Corp.), Securities Purchase Agreement (Leopard Acquisition Corp.)

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Purchase and Sale of the Founders’ Units and Private Placement Warrants. Concurrently with the execution and delivery of this Agreement, in the case of the Founders’ Founder’s Units, and concurrently with the closing of the Initial Public Offering, in the case of the Private Placement Warrants, or as each such date may be extended from time to time by mutual agreement of the parties (in each case, the “Closing Date”), the Company shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company, the Founders’ Founder’s Units (consisting of the Founders’ Founder’s Shares and Founders’ Founder’s Warrants) for the Founders’ Founder’s Units Purchase Price and the Private Placement Warrants for the Private Placement Warrants Purchase Price, respectively. On the applicable Closing Date, the Company shall deliver certificates evidencing the Founders’ Founder’s Units, Founders’ Founder’s Shares and Founders’ Founder’s Warrants, or the Private Placement Warrants, as the case may be, to be purchased by the Purchaser hereunder, in each case registered in the Purchaser’s name, upon the payment by the Purchaser of the Founders’ Founder’s Units Purchase Price or the Private Placement Warrants Purchase Price, as the case may be, by wire transfer of immediately available funds (or by such other means as the Company and the Purchaser shall agree) to the Company in accordance with the Company’s instructions.

Appears in 1 contract

Samples: Securities Purchase Agreement (GHL Acquisition Corp.)

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Purchase and Sale of the Founders’ Units and Private Placement Warrants. Concurrently with the execution and delivery of this Agreement, in the case of the Founders’ Founder’s Units, and concurrently with the closing of the Initial Public Offering, in the case of the Private Placement Warrants, or as each such date may be extended from time to time by mutual agreement of the parties (in each case, the “Closing Date”), the Company shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company, the Founders’ Founder’s Units (consisting of the Founders’ Founder’s Shares and Founders’ Founder’s Warrants) for the Founders’ Founder’s Units Purchase Price and the Private Placement Warrants for the Private Placement Warrants Purchase Price, respectively. On the applicable Closing Date, the Company shall deliver certificates evidencing the Founders’ Founder’s Units, Founders’ Founder’s Shares and Founders’ Founder’s Warrants, or the Private Placement Warrants, as the case may be, to be purchased by the Purchaser hereunder, in each case registered in the Purchaser’s name, upon the payment by the Purchaser of the Founders’ Founder’s Units Purchase Price or the Private Placement Warrants Purchase Price, as the case may be, by wire transfer of immediately available funds (or by such other means as the Company and the Purchaser shall agree) to the Company in accordance with the Company’s wiring instructions.

Appears in 1 contract

Samples: Securities Purchase Agreement (HCM Acquisition CO)

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