Common use of Failure to Consummate Business Combination Clause in Contracts

Failure to Consummate Business Combination. All of the Securities initially shall be subject to forfeiture to the Company in accordance with this Section 4. The Units shall be forfeited to the Company in the event the Company does not consummate a Business Combination, as such term is defined in the Company’s registration statement on Form S-1 (the “Registration Statement”) under the Securities Act of 1933, as amended (the “Securities Act”), with respect the Company’s initial public offering (the “IPO”) of its securities, within 24 months (or 30 months in the event the Company has entered into a definitive agreement with respect to a Business Combination and the stockholders have approved an extension for the purpose of consummating a Business Combination) from the date of the final prospectus for the IPO.

Failure to Consummate Business Combination. All of the Securities initially shall be subject to forfeiture to the Company in accordance with this Section 4. The Units Securities shall be forfeited to the Company in the event the Company does not consummate a Business Combination, as such term is defined in the Company’s registration statement on Form S-1 under the Securities Act to be filed with the SEC (the “Registration Statement”) under the Securities Act of 1933, as amended (the “Securities Act”), with respect the Company’s initial public offering (the “IPO”) of its securities, within 24 months (or 30 months in the event the Company has entered into a definitive agreement with respect to a Business Combination business consummation and the stockholders have approved an extension for the purpose of consummating a Business Combination) from the date of the final prospectus for the IPO.

Failure to Consummate Business Combination. All of the Securities initially shall be subject to forfeiture to the Company in accordance with this Section 4. The Units Securities shall be forfeited to the Company in the event the Company does not consummate a business combination (“Business Combination”), as such term is defined in the Company’s registration statement on Form S-1 S-1, as amended, under the Securities Act (the “Registration Statement”) under the Securities Act of 1933, as amended (the “Securities Act”), with respect to the Company’s initial public offering (the “IPO”) of its securities, within 24 months (or 30 36 months in the event the Company has entered into a definitive agreement with respect to a Business Combination Consummation and the stockholders have approved an extension ( the “Extension”) for the purpose of consummating a Business Combination) from the date of the final prospectus for related to the IPO.