Examples of Private Placement Units Purchase Agreements in a sentence
The Sponsor and Representative have executed and delivered Private Placement Units Purchase Agreements, the forms of which are annexed as exhibits to the Registration Statement (the “Purchase Agreements”), pursuant to which the Sponsor and Representative will, among other things, on the Closing Date consummate the purchase of and deliver the purchase price for the Placement Units as provided for in such Purchase Agreements.
On the Closing Date and the Option Closing Date, as applicable, the Private Units have been purchased as provided for in the Private Placement Units Purchase Agreements and the purchase price for such securities shall be deposited into the Trust Account.
Pursuant to the Private Placement Units Purchase Agreements, the purchasers have waived any and all rights and claims they may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the shares of Common Stock underlying the Private Units in the event that a Business Combination is not consummated and the Trust Account is liquidated in accordance with the terms of the Trust Agreement.
The Private Placement Units have been duly authorized and when issued and delivered against payment therefor pursuant to the Private Placement Units Purchase Agreements, will be validly issued.
The Private Placement Shares and shares of Common Stock issuable upon exercise of the Private Placement Warrants have been duly authorized and reserved for issuance and, when issued and delivered against payment therefor pursuant to the Private Placement Units Purchase Agreements, will be validly issued, fully paid and non-assessable.
On the Effective Date, the Company shall have delivered to the Representative executed copies of the Trust Agreement, the Warrant Agreement, the Securities Subscription Agreement, the Private Placement Units Purchase Agreements, the Administrative Services Agreement, the Registration Rights Agreement, the Business Combination Marketing Agreement and the Insider Letter.
Other than registration rights granted under the Private Placement Units Purchase Agreements, the Company represents and warrants that no person, other than a Holder of Registrable Securities, has any right to require the Company to register any securities of the Company for sale or to include such securities of the Company in any Registration filed by the Company for the sale of securities for its own account or for the account of any other person.
Further, other than registration rights granted under the Private Placement Units Purchase Agreements, the Company represents and warrants that this Agreement supersedes any other registration rights agreement or agreement with similar terms and conditions and in the event of a conflict between any such agreement or agreements and this Agreement, the terms of this Agreement shall prevail.
The Sponsor and Representatives have executed and delivered Private Placement Units Purchase Agreements, the forms of which are annexed as exhibits to the Registration Statement (the “Purchase Agreements”), pursuant to which the Sponsor and Representatives will, among other things, on the Closing Date consummate the purchase of and deliver the purchase price for the Placement Units as provided for in such Purchase Agreements.