Examples of Underwriter Units in a sentence
The Company has entered into a unit purchase agreement (the “Underwriter Unit Purchase Agreement”) with the Underwriters, substantially in the form filed as an exhibit to the Registration Statement, pursuant to which the Underwriter have agreed, among other things, to purchase on the Closing Date and Option Closing Date, as applicable, the Private Underwriter Units.
The purchase price for the Placement Underwriter Units will be delivered in accordance with the terms of the Underwriter Unit Purchase Agreement.
Additionally, pursuant to FINRA Conduct Rule 5110(g), the Placement Underwriter Units (and the securities underlying the same) will not be the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately following the Effective Date of the Registration Statement.
Upon issuance in accordance with, and payment pursuant to, the terms hereof and that certain warrant agreement to be entered into between the Company and Continental, as warrant agent (the “Warrant Agreement”), as the case may be, each of the Underwriter Units, Placement Shares, Placement Warrants and Warrant Shares will be duly and validly issued, fully paid and non-assessable.
The Subscriber understands the Underwriter Units are being offered and sold to the Subscriber in reliance on exemptions from the registration requirements under the Securities Act, and analogous provisions in the laws and regulations of various states, and that the Company is relying upon the truth and accuracy of the representations, warranties, agreements, acknowledgments and understandings of the Subscriber set forth in this Agreement in order to determine the applicability of such provisions.
On the date of issuance of the Underwriter Units, the Warrant Shares shall have been reserved for issuance.
The Subscriber is not subscribing for the Underwriter Units as a result of or subsequent to any general solicitation or general advertising, including but not limited to any advertisement, article, notice or other communication published in any newspaper, magazine, or similar media or broadcast over television or radio, or presented at any seminar or meeting or in a registration statement with respect to the IPO filed with the Securities and Exchange Commission (“SEC”).
These would have a direct impact on the number of farmers thrown into poverty (Sudaryanto & Rusastra, 2006; Agrofarm, 2020).
Aggregate Purchase Price [( a) multiplied by (c)] and hereby tenders a certified cheque, bank draft or cash for such aggregate purchase price, and directs such Underwriter Units to be registered and a certificate therefore to be issued as directed below.
The closing of the purchase and sale of the Initial Underwriter Units shall take place simultaneously with the closing of the IPO, and the closing of the purchase and sale of the Underwriter Additional Units shall take place simultaneously with the closing of the applicable portion of the Over-Allotment Option (each a “Closing Date”).