Common use of SPAC Units Clause in Contracts

SPAC Units. Each SPAC Unit issued and outstanding immediately prior to the Initial Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of SPAC Common Stock and one-tenth (1/10) of one SPAC Right in accordance with the terms of the applicable SPAC Unit (the “Unit Separation”), provided that no fractional SPAC Right will be issued in connection with the Unit Separation such that if a holder of SPAC Units would be entitled to receive a fractional SPAC Right upon the Unit Separation, the number of SPAC Rights to be issued to such holder upon the Unit Separation shall be rounded down to the nearest whole number of SPAC Rights. The underlying SPAC Securities held or deemed to be held following the Unit Separation shall be converted in accordance with the applicable terms of this Section 2.02(e).

SPAC Units. Each SPAC Unit issued and outstanding immediately prior to the Initial Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of SPAC Common Stock Class A Ordinary Share and one-tenth (1/10) half of one a SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit (the “Unit Separation”), provided that no fractional SPAC Right Warrants will be issued in connection with the Unit Separation such that if a holder of SPAC Units would be entitled to receive a fractional SPAC Right Warrant upon the Unit Separation, the number of SPAC Rights Warrants to be issued to such holder upon the Unit Separation shall be rounded down to the nearest whole number of SPAC RightsWarrants. The underlying SPAC Securities held or deemed to be held following the Unit Separation shall be converted in accordance with the applicable terms of this Section 2.02(e3.1(g).

SPAC Units. Each SPAC Unit issued and outstanding immediately prior to the Initial Merger Effective Time shall be automatically detached separated and the holder thereof shall be deemed to hold one share of SPAC Common Stock Class A Ordinary Share and one-tenth (1/10) half of one a SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit (the “Unit Separation”), ; provided that no fractional SPAC Right Warrants will be issued in connection with the Unit Separation such that if a holder of SPAC Units would be entitled to receive a fractional SPAC Right Warrant upon the Unit Separation, the number of SPAC Rights Warrants to be issued to such holder upon the Unit Separation shall be rounded down to the nearest whole number of SPAC RightsWarrants. The underlying SPAC Securities Ordinary Shares and the SPAC Warrants held or deemed to be held following the Unit Separation shall be converted in accordance with the applicable terms of this Section 2.02(e3.1(a).

SPAC Units. Each SPAC Unit issued and outstanding immediately prior to the Initial SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of (1) SPAC Common Stock Class A Ordinary Share and one-tenth half (1/101/2) of one a SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit (the “Unit Separation”), provided that no fractional SPAC Right Warrant will be issued in connection with the Unit Separation such that if a holder of SPAC Units would be entitled to receive a fractional SPAC Right Warrant upon the Unit Separation, the number of SPAC Rights Warrants to be issued to such holder upon the Unit Separation shall be rounded down to the nearest whole number of SPAC RightsWarrants. The underlying SPAC Securities SPAC’s securities held or deemed to be held following the Unit Separation shall be converted in accordance with the applicable terms of this Section 2.02(e2.01(e)(i).

SPAC Units. Each SPAC Unit issued and outstanding immediately prior to the Initial Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of (1) SPAC Common Stock Class A Share and one-tenth one (1/101) of one SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit (the “Unit Separation”), provided that no fractional SPAC Right Warrant will be issued in connection with the Unit Separation such that if a holder of SPAC Units would be entitled to receive a fractional SPAC Right Warrant upon the Unit Separation, the number of SPAC Rights Warrants to be issued to such holder upon the Unit Separation shall be rounded down to the nearest whole number of SPAC RightsWarrants. The underlying SPAC Securities SPAC’s securities held or deemed to be held following the Unit Separation shall be converted in accordance with the applicable terms of this Section 2.02(e)2.6.