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

Purchase and Sale of the Warrants. (i) As payment in full for the 5,666,667 Warrants being purchased under this Agreement, the Purchaser shall pay $8,500,000 (the “Purchase Price”), by wire transfer of immediately available funds, in the following amounts: (i) $2,500,000 to the Company at the financial institution chosen by the Company and (ii) $6,000,000 to the trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee (the “Trust Account”), in each case, in accordance with the Company’s wiring instructions, at least one (1) business day prior to the closing date of the Public Offering (the “Initial Closing Date”), or on such earlier date as the Company and the Purchaser may agree.

Appears in 2 contracts

Samples: Private Placement (Silverbox Engaged Merger Corp I), Private Placement (Silverbox Engaged Merger Corp I)

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Purchase and Sale of the Warrants. (i) As payment in full for the 5,666,667 3,900,000 Warrants being purchased under this Agreement, the Purchaser shall pay $8,500,000 5,850,000 (the “Purchase Price”), by wire transfer of immediately available funds, in the following amounts: (i) $2,500,000 2,250,000 to the Company at the financial institution chosen by the Company and (ii) $6,000,000 3,600,000 to the trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee (the “Trust Account”), in each case, in accordance with the Company’s wiring instructions, at least one (1) business day prior to the closing date of the Public Offering (the “Initial Closing Date”), or on such earlier date as the Company and the Purchaser may agree.

Appears in 1 contract

Samples: Private Placement (SilverBox Corp III)

Purchase and Sale of the Warrants. (i) As payment in full for the 5,666,667 5,000,000 Warrants being purchased under this Agreement, the Purchaser shall pay $8,500,000 7,500,000 (the “Purchase Price”), by wire transfer of immediately available funds, in the following amounts: (i) $2,500,000 to the Company at the financial institution chosen by the Company and (ii) $6,000,000 5,000,000 to the trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee (the “Trust Account”), in each case, in accordance with the Company’s wiring instructions, at least one (1) business day prior to the closing date of the Public Offering (the “Initial Closing Date”), or on such earlier date as the Company and the Purchaser may agree.

Appears in 1 contract

Samples: Warrants Purchase Agreement (SilverBox Engaged Corp II)

Purchase and Sale of the Warrants. (i) As payment in full for the 5,666,667 3,500,000 Warrants being purchased under this Agreement, the Purchaser shall pay $8,500,000 5,250,000 (the “Purchase Price”), by wire transfer of immediately available funds, in the following amounts: (i) $2,500,000 1,750,000 to the Company at the financial institution chosen by the Company and (ii) $6,000,000 3,500,000 to the trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee (the “Trust Account”), in each case, in accordance with the Company’s wiring instructions, at least one (1) business day prior to the closing date of the Public Offering (the “Initial Closing Date”), or on such earlier date as the Company and the Purchaser may agree.

Appears in 1 contract

Samples: Warrants Purchase Agreement (SilverBox Corp III)

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Purchase and Sale of the Warrants. (i) As payment in full for the 5,666,667 6,166,667 Warrants being purchased under this Agreement, the Purchaser shall pay $8,500,000 9,250,000 (the “Purchase Price”), by wire transfer of immediately available funds, in the following amounts: (i) $2,500,000 1,750,000 to the Company at the financial institution chosen by the Company and (ii) $6,000,000 7,500,000 to the trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee (the “Trust Account”), in each case, in accordance with the Company’s wiring instructions, at least one (1) business day prior to the closing date of the Public Offering (the “Initial Closing Date”), or on such earlier date as the Company and the Purchaser may agree.

Appears in 1 contract

Samples: Warrants Purchase Agreement (SilverBox Engaged Corp II)

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