Common use of Delivery of the Purchase Price Clause in Contracts

Delivery of the Purchase Price. Upon execution of this Agreement, the Company is bound to fulfill its obligations hereunder and the Subscriber hereby irrevocably commits to deliver directly into a trust account (the “Trust Account” ) held at XX Xxxxxx Xxxxx Bank, N.A. or any other financial institution chosen by the Company, with Continental Stock Transfer & Trust Company acting as trustee (“Continental”), the Purchase Price in immediately available funds by wire transfer or such other form of payment as shall be acceptable to Continental, in its sole and absolute discretion, one (1) business day prior to the effective date of the Registration Statement.

Appears in 6 contracts

Samples: Unit Purchase Agreement (Endeavor Acquisition Corp.), Unit Purchase Agreement (BioPlus Acquisition Corp.), Unit Subscription Agreement (Enterprise 4.0 Technology Acquisition Corp)

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Delivery of the Purchase Price. Upon execution of this Agreement, the Company is bound to fulfill its obligations hereunder and the Subscriber hereby irrevocably commits to deliver directly into a trust account (the “Trust Account) held at XX Xxxxxx Xxxxx Bank, N.A. or any other financial institution chosen by the Company, with Continental Stock Transfer & Trust Company acting as trustee (“Continental”)trustee, the Purchase Price in immediately available funds by wire transfer or such other form of payment as shall be acceptable to Continentalthe Trustee, in its sole and absolute discretion, one (1) business day prior to the effective date of the Registration Statement.

Appears in 4 contracts

Samples: Placement Unit Subscription Agreement (Global SPAC Partners Co,), Placement Unit Subscription Agreement (Global SPAC Partners Co,), Placement Unit Subscription Agreement (Global SPAC Partners Co,)

Delivery of the Purchase Price. Upon execution of this Agreement, the Company is bound to fulfill its obligations hereunder and the Subscriber hereby irrevocably commits to deliver directly into a trust account (the “Trust Account” ) held at XX X.X. Xxxxxx Xxxxx Bank, N.A. or any other financial institution chosen by the Company, with Continental Stock Transfer & Trust Company acting as trustee (“Continental”), the Purchase Price in immediately available funds by wire transfer or such other form of payment as shall be acceptable to Continental, in its sole and absolute discretion, one (1) business day prior to the effective date of the Registration Statement.

Appears in 2 contracts

Samples: Form of Private Placement Units Subscription Agreement (Blue Room Acquisition Corp.), Form of Private Placement Units Subscription Agreement (Blue Room Acquisition Corp.)

Delivery of the Purchase Price. Upon execution of this Agreement, the Company is bound to fulfill its obligations hereunder and the Subscriber hereby irrevocably commits to deliver either directly into a trust account (the “Trust Account) held at XX JX Xxxxxx Xxxxx Cxxxx Bank, N.A. or any other financial institution chosen by the Company, or with Continental Stock Transfer & Trust Company acting as trustee (“Continental”), the Purchase Price in immediately available funds by wire transfer or such other form of payment as shall be acceptable to Continentalthe Trustee, in its sole and absolute discretion, one (1) business day prior to the effective date of the Registration Statement.

Appears in 1 contract

Samples: Unit Subscription Agreement (FTAC Emerald Acquisition Corp.)

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Delivery of the Purchase Price. Upon execution of this Agreement, the Company is bound to fulfill its obligations hereunder and the Subscriber hereby irrevocably commits to deliver either directly into a trust account (the “Trust Account) held at XX Xxxxxx Xxxxxxx Xxxxx Bank, N.A. Xxxxxx LLC or any other financial institution chosen by the Company, with Continental Stock Transfer & Trust Company acting as trustee (“Continental”), the Purchase Price in immediately available funds by wire transfer or such other form of payment as shall be acceptable to Continentalthe Trustee, in its sole and absolute discretion, one (1) business day prior to the effective date of the Registration Statement.

Appears in 1 contract

Samples: Unit Subscription Agreement (Newcourt Acquisition Corp)

Delivery of the Purchase Price. Upon execution of this Agreement, the Company is bound to fulfill its obligations hereunder and the Subscriber hereby irrevocably commits to deliver either directly into a trust account (the “Trust Account) held at XX J.X. Xxxxxx Xxxxx Cxxxx Bank, N.A. N.A., or any other financial institution chosen by the Company, with Continental American Stock Transfer & Trust Company acting as trustee (“ContinentalTrustee”), the Purchase Price in immediately available funds by wire transfer or such other form of payment as shall be acceptable to Continentalthe Trustee, in its sole and absolute discretion, one (1) business day prior to the effective date of the Registration Statement.

Appears in 1 contract

Samples: Subscription Agreement for Private Placement Units (Western Acquisition Ventures Corp.)

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