Common use of Purchase of Shares Clause in Contracts

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement.

Appears in 61 contracts

Samples: Letter Agreement (Shelter Acquisition Corp I), Climate Real Impact Solutions II Acquisition Corp, M3-Brigade Acquisition II Corp.

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Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement.

Appears in 3 contracts

Samples: Securities Subscription Agreement (Tristar Acquisition I Corp.), Far Peak Acquisition Corp, Tristar Acquisition I Corp.

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”)25,000, which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company.

Appears in 3 contracts

Samples: Letter Agreement (Learn CW Investment Corp), Letter Agreement (TradeUP Global Corp), Letter Agreement (TradeUP 88 Corp.)

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Securities Subscription Agreement (this “Agreement”).

Appears in 2 contracts

Samples: Southport Acquisition Corp, Oyster Enterprises Acquisition Corp.

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cashthe form of a payment of retainer to Xxxx, Weiss, Rifkind, Xxxxxxx & Xxxxxxxx LLP for the account of the Company, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement.

Appears in 2 contracts

Samples: M3-Brigade Acquisition III Corp., M3-Brigade Acquisition IV Corp.

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”)25,000, which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 belowhereof, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company.

Appears in 1 contract

Samples: Letter Agreement (Think Elevation Capital Growth Opportunities)

Purchase of Shares. For the sum of $25,000 24,217 (the “Purchase Price”), which the Company acknowledges receiving in cashcash from or on behalf of the Subscriber, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to forfeiture by the forfeiture provisions of Section 3 belowSubscriber, on the terms and subject to the conditions set forth in this Agreement.

Appears in 1 contract

Samples: PENSARE ACQUISITION Corp

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”)25,000, which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement.

Appears in 1 contract

Samples: Star Peak Corp II

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving having received in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement.

Appears in 1 contract

Samples: Figure Acquisition Corp. I

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Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cashcash from or on behalf of the Subscriber, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to forfeiture by the forfeiture provisions of Section 3 belowSubscriber, on the terms and subject to the conditions set forth in this Agreement.

Appears in 1 contract

Samples: Securities Subscription Agreement (Big Rock Partners Acquisition Corp.)

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company is recording the issuance of the Shares in its stock ledger. The Shares will be uncertificated.

Appears in 1 contract

Samples: Live Oak Acquisition Corp

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 belowforfeiture, on the terms and subject to the conditions set forth in this Agreement.

Appears in 1 contract

Samples: UTXO Acquisition Inc.

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), 23,750 which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement.

Appears in 1 contract

Samples: Revolution Healthcare Acquisition Corp.

Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 belowforfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, record such issuance in the Subscriber’s name in the Company’s stock ledger. No stock certificate shall be issued for the Shares.

Appears in 1 contract

Samples: Securities Subscription Agreement (EF Hutton Acquisition Corp I)

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