Subscribed definition
Examples of Subscribed in a sentence
For purposes of this Subscription Agreement, a “Subscriber Material Adverse Effect” means an event, change, development, occurrence, condition or effect with respect to the Subscriber that, individually or in the aggregate, would reasonably be expected to materially impair or materially delay the Subscriber’s performance of its obligations under this Subscription Agreement, including the purchase of the Subscribed Shares.
As promptly as practicable after the Closing, SPAC shall deliver to each Subscriber evidence from SPAC’s transfer agent of the issuance to Subscriber of the Subscribed Shares (in book entry form) on and as of the Closing Date.
Subject to the terms and conditions hereof, Subscriber hereby irrevocably subscribes for and agrees to purchase from SPAC, and SPAC hereby agrees to issue and sell to Subscriber, upon payment of the Purchase Price by or on behalf of Subscriber to SPAC, the Subscribed Shares at the Closing (as defined below) (such subscription and issuance, the “Subscription”).
As promptly as practicable after the completion of the Mergers, Pubco shall deliver to each Subscriber evidence from Pubco’s transfer agent of the exchange of the Subscribed Shares for equivalent shares of Pubco Class A Common Stock.
You are responsible to either pay or reimburse us for any and all other Taxes assessed on the sale, delivery, or consumption of your Subscribed Energy or your Bill Credits.