Purchase Agreement definition
Examples of Purchase Agreement in a sentence
Certain proceeds from the sale of the Placement Warrants will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date as provided for in the Sponsor Purchase Agreement.
All terms used in this Agreement and the recitals hereto which are defined in the Note Purchase Agreement, the Notes or in the Code, and which are not otherwise defined herein shall have the same meanings herein as set forth therein; provided that terms used herein which are defined in the Code on the date hereof shall continue to have the same meaning notwithstanding any replacement or amendment of the Code.
On or prior to the Closing Date, the Company shall have caused the applicable proceeds from the Private Placement to be deposited in the Trust Account pursuant to the terms of the Unit Purchase Agreement.
The Company and the Sponsor have executed and delivered a Private Placement Units and Restricted Share Purchase Agreement, the form of which is annexed as an exhibit to the Registration Statement (the “Unit Purchase Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Private Placement Units to be sold to the Sponsor as provided in the Unit Purchase Agreement.
Certain proceeds from the sale of the Private Placement Units will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date as provided for in the Unit Purchase Agreement.