Common use of Purchase and Sale of the Sponsor Warrants Clause in Contracts

Purchase and Sale of the Sponsor Warrants. (a) As payment in full for the 1,500,000 Underwriters Warrants being purchased under this Agreement, Purchaser shall pay $1,500,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company acting as trustee, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (a) As payment in full for the 1,500,000 Underwriters 6,000,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $1,500,000 6,000,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company acting as trustee, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (ai) As payment in full for the 1,500,000 Underwriters 4,700,000 Firm Sponsor Warrants being purchased under this Agreement, Purchaser shall pay an aggregate purchase price of $1,500,000 4,700,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company Company, acting as trustee, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (a) As payment in full for the 1,500,000 Underwriters 5,000,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $1,500,000 5,000,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company acting as trustee, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (ai) As payment in full for the 1,500,000 Underwriters 3,800,000 Firm Sponsor Warrants being purchased under this Agreement, Purchaser shall pay an aggregate purchase price of $1,500,000 3,800,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company Company, acting as trustee, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (a) As payment in full for the 1,500,000 Underwriters 8,000,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $1,500,000 8,000,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. J.X. Xxxxxx Xxxxx Cxxxx Bank, N.A. with Continental Stock Transfer & Trust Company acting as trustee, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (ai) As payment in full for the 1,500,000 Underwriters 8,000,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $1,500,000 8,000,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company Company, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (ai) As payment in full for the 1,500,000 Underwriters 5,062,500 Sponsor Warrants (the “Initial Sponsor Warrants”) being purchased under this Agreement, Purchaser shall pay $1,500,000 5,062,500 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company Company, acting as trustee, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (a) As payment in full for the 1,500,000 Underwriters 4,500,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $1,500,000 4,500,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company acting as trustee, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (ai) As payment in full for the 1,500,000 Underwriters 7,000,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $1,500,000 7,000,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company Company, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (a) As payment in full for the 1,500,000 Underwriters 7,500,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $1,500,000 7,500,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company acting as trustee, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Purchase and Sale of the Sponsor Warrants. (ai) As payment in full for the 1,500,000 Underwriters 4,200,000 Firm Sponsor Warrants being purchased under this Agreement, Purchaser shall pay an aggregate purchase price of $1,500,000 4,200,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by X.X. Xxxxxx Xxxxx Bank, N.A. with Continental Stock Transfer & Trust Company Company, acting as trustee, at least one (1) business day prior to the date of effectiveness of the Registration Statement.