Common use of Applicability of Rule 419 Clause in Contracts

Applicability of Rule 419. Upon delivery and payment for the SAILSM Securities on the Closing Date, the Company will not be subject to Rule 419 under the Act and none of the Company’s outstanding securities will be deemed to be a “pxxxx stock” as defined in Rule 3a51-1 under the Exchange Act.

Appears in 2 contracts

Samples: Underwriting Agreement (Revolution Healthcare Acquisition Corp.), Underwriting Agreement (Revolution Healthcare Acquisition Corp.)

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Applicability of Rule 419. Upon delivery and payment for the SAILSM Securities on the Closing Date, the Company will not be subject to Rule 419 under the Act and none of the Company’s outstanding securities will be deemed to be a “pxxxx xxxxx stock” as defined in Rule 3a51-1 under the Exchange Act.

Appears in 2 contracts

Samples: Underwriting Agreement (CBRE Acquisition Holdings, Inc.), Underwriting Agreement (CBRE Acquisition Holdings, Inc.)

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