Common use of Subscription and Purchase of Securities Clause in Contracts

Subscription and Purchase of Securities. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash or as a result of Subscriber discharging obligations of the Company in the amount of the Purchase Price, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 3,750,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Upon the issuance of the Shares, the Subscriber hereby surrenders for no consideration the one Class A ordinary share of the Company held by it following the incorporation of the Company.

Appears in 1 contract

Samples: Thoma Bravo Advantage

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Subscription and Purchase of Securities. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash or as a result of Subscriber discharging obligations of the Company in the amount of the Purchase Price, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 3,750,000 750,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Upon the issuance of the Shares, the Subscriber hereby surrenders for no consideration the one Class A ordinary share of the Company held by it following the incorporation of the Company.

Appears in 1 contract

Samples: Isos Acquisition Corp.

Subscription and Purchase of Securities. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash (or as a result of Subscriber discharging other obligations of the Company in the amount of the Purchase Price), the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 3,750,000 750,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Upon the issuance of the Shares, the Subscriber hereby surrenders for no consideration the one Class A B ordinary share of the Company held by it following the incorporation of the Company.

Appears in 1 contract

Samples: Two

Subscription and Purchase of Securities. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash or as a result of Subscriber discharging obligations of the Company in the amount of the Purchase Price, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 3,750,000 562,500 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Upon the issuance of the Shares, the Subscriber hereby surrenders for no consideration the one Class A ordinary share of the Company held by it following the incorporation of the Company.

Appears in 1 contract

Samples: Population Health Investment Co., Inc.

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Subscription and Purchase of Securities. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash (or as a result of Subscriber discharging other obligations of the Company in the amount of the Purchase Price), the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 3,750,000 937,500 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Upon the issuance of the Shares, the Subscriber hereby surrenders for no consideration the one Class A B ordinary share of the Company held by it following the incorporation of the Company.

Appears in 1 contract

Samples: Securities Subscription Agreement (Europa Growth Acquisition Co)

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