Common use of Failure to Consummate Business Combination Clause in Contracts

Failure to Consummate Business Combination. The Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 months from the consummation of the IPO (or up to 18 months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate of incorporation), unless otherwise extended by the Company.

Appears in 4 contracts

Samples: Private Placement Units Purchase Agreement (Anghami Inc), Private Placement Units Purchase Agreement (Anghami Inc), Private Placement Units Purchase Agreement (Vistas Media Acquisition Co Inc.)

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Failure to Consummate Business Combination. The Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 15 months from the consummation completion of the IPO (or IPO, which is extendable at the option of the Sponsor to up to 18 21 months from the consummation completion of the IPO if Company’s initial public offering in accordance with the Company extends terms provided for in the period of time to consummate a business combination as provided in its second amended and restated certificate of incorporation), unless otherwise extended by the CompanyRegistration Statement.

Appears in 4 contracts

Samples: Unit Subscription Agreement (Papaya Growth Opportunity Corp. I), Unit Subscription Agreement (Papaya Growth Opportunity Corp. I), Unit Subscription Agreement (Papaya Growth Opportunity Corp. I)

Failure to Consummate Business Combination. The Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 months from the consummation of the IPO (or up to 18 months from the consummation date of the completion of the IPO, or 21 months from the date of the completion of the IPO if the Company extends has executed a letter of intent, agreement in principle or definitive agreement for its Business Combination within 18 months from the period date of time to consummate a business combination as provided in its second amended and restated certificate completion of incorporation)the IPO, unless otherwise extended by but has not completed the CompanyBusiness Combination within such 18-month period.

Appears in 4 contracts

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

Failure to Consummate Business Combination. The Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 months 15 months, which is extendable at the Subscriber’s option to up to 21 months, from the consummation completion of the IPO (or up to 18 months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate of incorporation), unless otherwise extended by the CompanyIPO.

Appears in 3 contracts

Samples: Unit Subscription Agreement (Papaya Growth Opportunity Corp. I), Unit Subscription Agreement (Papaya Growth Opportunity Corp. I), Unit Subscription Agreement (Papaya Growth Opportunity Corp. I)

Failure to Consummate Business Combination. The Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 fifteen (15) months from the consummation of the IPO (or within up to 18 twenty-one (21) months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate the initial Business Combination up to two (2) times for three (3) months each) from the completion of incorporation), unless otherwise extended by the CompanyIPO.

Appears in 2 contracts

Samples: Unit Subscription Agreement (GoGreen Investments Corp), Unit Subscription Agreement (GoGreen Investments Corp)

Failure to Consummate Business Combination. The Placement Warrants and Placement Rights shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 nine (9) months from the consummation of the IPO (or within up to 18 eighteen (18) months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate the initial Business Combination up to nine (9) times for one (1) month each) from the completion of incorporation), unless otherwise extended by the CompanyIPO.

Appears in 2 contracts

Samples: Private Placement Units Subscription Agreement (Hainan Manaslu Acquisition Corp.), Form of Private Placement Units Subscription Agreement (Hainan Manaslu Acquisition Corp.)

Failure to Consummate Business Combination. The Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 eighteen (18) months from the consummation of the IPO (or up to 18 within twenty-four (24) months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate the initial Business Combination) from the completion of incorporation), unless otherwise extended by the CompanyIPO.

Appears in 2 contracts

Samples: Unit Subscription Agreement (Pomelo Acquisition Corp LTD), Unit Subscription Agreement (Pomelo Acquisition Corp LTD)

Failure to Consummate Business Combination. The Placement Warrants and Placement Rights shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 18 months from the consummation of the IPO (IPO, or up to 18 21 months from the consummation of the IPO if the Company extends the period has an executed letter of time to consummate a intent, agreement in principle or definitive agreement for an initial business combination as provided in its second amended and restated certificate within 18 months from the closing of incorporation)the IPO, but has not completed the initial business combination within such 18-month period, or unless otherwise extended by the Company.

Appears in 2 contracts

Samples: Unit Subscription Agreement (KBL Merger Corp. Iv), Unit Subscription Agreement (KBL Merger Corp. Iv)

Failure to Consummate Business Combination. The Placement Warrants and Rights shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 18 months from the consummation of the IPO (IPO, or up to 18 21 months from the consummation of the IPO if the Company extends the period has an executed letter of time to consummate a intent, agreement in principle or definitive agreement for an initial business combination as provided in its second amended and restated certificate within 18 months from the closing of incorporation)the IPO, but has not completed the initial business combination within such 18-month period, or unless otherwise extended by the CompanyCorporation.

Appears in 2 contracts

Samples: Unit Subscription Agreement (KBL Merger Corp. Iv), Unit Subscription Agreement (KBL Merger Corp. Iv)

Failure to Consummate Business Combination. The Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 months from the consummation of the IPO (IPO, or up to 18 21 months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate of incorporation, as amended), unless otherwise extended by the Company.

Appears in 1 contract

Samples: Unit Purchase Agreement (I-Am CAPITAL ACQUISITION Co)

Failure to Consummate Business Combination. The Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 months 18 months, which is extendable at the Subscriber’s option to 21 months, from the consummation completion of the IPO (or up to 18 months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate of incorporation), unless otherwise extended by the CompanyIPO.

Appears in 1 contract

Samples: Unit Subscription Agreement (Papaya Growth Opportunity Corp. I)

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Failure to Consummate Business Combination. The Placement Rights and Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 months from the consummation of the IPO (or up to 18 months from the consummation of the IPO if the Company extends the period of time to consummate a business combination Business Combination by the full amount of time, as provided described in its second amended and restated certificate of incorporationmore detail in the Registration Statement), unless otherwise extended by the Company.

Appears in 1 contract

Samples: Unit Subscription Agreement (Draper Oakwood Technology Acquisition Inc.)

Failure to Consummate Business Combination. The Placement Warrants and Placement Rights shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 fifteen (15) months from the consummation of the IPO (or within up to 18 twenty-one (21) months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate the initial Business Combination up to twice for three (3) months each) from the completion of incorporation), unless otherwise extended by the CompanyIPO.

Appears in 1 contract

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

Failure to Consummate Business Combination. The Placement Warrants and Placement Rights shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 twelve (12) months from the consummation of the IPO (or within up to 18 twenty-one (21) months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate the initial Business Combination up to nine (9) times for one (1) month each) from the completion of incorporation), unless otherwise extended by the CompanyIPO.

Appears in 1 contract

Samples: Form of Private Placement Units Subscription Agreement (Hainan Manaslu Acquisition Corp.)

Failure to Consummate Business Combination. The Placement Warrants and Placement Rights shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 sixteen and a half (16.5) months from the consummation of the IPO (or within up to 18 twenty-two and a half (22.5) months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate the initial Business Combination up to twice for three (3) months each) from the completion of incorporation), unless otherwise extended by the CompanyIPO.

Appears in 1 contract

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

Failure to Consummate Business Combination. The Placement Rights and Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 months from the consummation of the IPO (or up to 18 months from the consummation of the IPO if the Company extends the period of time to consummate a business combination Business Combination, as provided described in its second amended and restated certificate of incorporationmore detail in the Registration Statement), unless otherwise extended by the Company.

Appears in 1 contract

Samples: Unit Subscription Agreement (Draper Oakwood Technology Acquisition Inc.)

Failure to Consummate Business Combination. The Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company does not consummate the Business Combination within 12 18 months (or up to 21 months in case of extensions as described in the final prospectus deemed included in the Registration Statement (the “Prospectus”)) from the consummation of the IPO (or up to 18 months from the consummation of the IPO if the Company extends the period of time to consummate a business combination as provided in its second amended and restated certificate of incorporation)IPO, unless otherwise extended by the CompanyCorporation.

Appears in 1 contract

Samples: Unit Subscription Agreement (BSP Acquisition Corp.)

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