Securities Subscription Agreement Sample Clauses

Securities Subscription Agreement. The Securities Subscription Agreement has been duly authorized, executed and delivered by the Company and the Sponsor, and is a valid and binding agreement of the Company and the Sponsor, enforceable against the Company and the Sponsor in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
AutoNDA by SimpleDocs
Securities Subscription Agreement. The Sponsor has executed and delivered a securities subscription agreement, the form of which is filed as an exhibit to the Registration Statement (the “Securities Subscription Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date (and the Option Closing Date, if any), consummate the purchase of and deliver the purchase price for the Placement Units as provided for in such Subscription Agreement. Pursuant to the Securities Subscription Agreement, (i) each Sponsor has waived any and all rights and claims each may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Placement Securities, and (ii) the proceeds from the sale of the Placement Securities will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date as provided for in the Securities Subscription Agreement.
Securities Subscription Agreement. On February 12, 2021, the Company issued 5,031,250 Founder Shares to the Sponsor of the Company for $25,000 pursuant to a certain securities subscription agreement by and between the Company and the Sponsor (the “Securities Subscription Agreement”).
Securities Subscription Agreement. Gentlemen: This agreement (this “Agreement”) is entered into on September 9, 2020 by and between Fortress Capital Acquisition Sponsor LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Fortress Capital Acquisition Corp., a Cayman Islands exempted company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 8,625,000 Class B ordinary shares, $0.0001 par value per share (the “Shares”), up to 1,125,000 of which are subject to surrender and cancellation by you if the underwriters of the initial public offering (“IPO”) of units (“Units”) of the Company do not fully exercise their over-allotment option (the “Over-allotment Option”). The Company and the Subscriber’s agreements regarding such Shares are as follows:
Securities Subscription Agreement. The Sponsor has executed and delivered a securities subscription agreement, dated August 7, 2020, (the “Securities Subscription Agreement”), pursuant to which the Sponsor, among other things, purchased an aggregate of 5,750,000 of the Company’s Class B ordinary shares, $0.0001 par value per share (up to 750,000 of which are subject to forfeiture depending on the extent to which the Over-allotment Option is exercised) (the “Founder Shares”).
Securities Subscription Agreement. Gentlemen: This agreement (this “Agreement”) is entered into on January 13, 2021 by and between Xxx Investors III LP, a Cayman Islands exempted limited partnership (the “Subscriber” or “you”), and Xxx Holdings III Corp, a Cayman Islands exempted company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to subscribe for and purchase 5,750,000 Class B ordinary shares, $0.0001 par value per share (the “Shares”), up to 750,000 of which are subject to forfeiture by you if the underwriters of the initial public offering (“IPO”) of units (“Units”) of the Company do not fully exercise their over-allotment option (the “Over-allotment Option”). The Company and the Subscriber’s agreements regarding such Shares are as follows:
Securities Subscription Agreement. Gentlemen: This agreement (this “Agreement”) is entered into on February 19, 2021 by and between Big Sky Growth Partners, LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Big Sky Growth Partners, Inc., a Delaware corporation (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to subscribe for and purchase 8,625,000 shares of Class B common stock, $0.0001 par value per share (the “Shares”), up to 1,125,000 of which are subject to forfeiture by you if the underwriters of the initial public offering (“IPO”) of units (“Units”) of the Company do not fully exercise their over-allotment option (the “Over-allotment Option”). The Company and the Subscriber’s agreements regarding such Shares are as follows:
AutoNDA by SimpleDocs
Securities Subscription Agreement. On November 16, 2021, the Company issued 5,750,000 Founder Shares to the Sponsor of the Company for $25,000 pursuant to a certain securities subscription agreement by and between the Company and the Sponsor (the “Securities Subscription Agreement”). On December 28, 2021, the Company effected a 1.10 for 1 stock split for all outstanding Founder Shares. On January 28, 2022, the Company effected a 5-for-4 stock split for all outstanding Founder Shares resulting in an aggregate of 7,906,250 Founder Shares outstanding.
Securities Subscription Agreement. Gentlemen: This agreement (this “Agreement”) is entered into on September 10, 2020 by and between Investindustrial Acquisition Corp. L.P., a limited partnership incorporated in England and Wales (the “Subscriber” or “you”), and Investindustrial Acquisition Corp., a Cayman Islands exempted company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 10,062,500 Class B ordinary shares, $0.0001 par value per share (the “Shares”), up to 1,312,500 of which are subject to surrender and cancellation by you if the underwriters of the initial public offering (“IPO”) of units (“Units”) of the Company do not fully exercise their over-allotment option (the “Over-allotment Option”). The Company and the Subscriber’s agreements regarding such Shares are as follows:
Securities Subscription Agreement. The Sponsor has executed and delivered a securities subscription agreement, dated August 7, 2020, (the “Securities Subscription Agreement”), pursuant to which the Sponsor, among other things, purchased an aggregate of 5,750,000 of the Company’s Class B ordinary shares, $0.0001 par value per share (up to 750,000 of which are subject to forfeiture depending on the extent to which the Over-allotment Option is exercised) (the “Founder Shares”). Subsequently, the Sponsor transferred an aggregate of 75,000 Founder Shares to the Company’s independent directors. On April 8, 2021, the Sponsor effected a forfeiture of 1,150,000 Founder Shares for no consideration such that the Sponsor currently holds 4,525,000 Founder Shares (up to 600,000 of which are subject to forfeiture depending on the extent to which the Over-allotment Option is exercised).
Time is Money Join Law Insider Premium to draft better contracts faster.