Common use of Closing of Purchase of Securities Clause in Contracts

Closing of Purchase of Securities. The consummation and settlement of the forward purchase contract for the purchase and sale of the Securities hereunder (the “Closing”) shall be held at the same date and immediately prior to the closing of the Business Combination (the date of the Closing being referred to as the “Closing Date”). No later than two business days prior to the Closing, the Subscriber shall deliver the Aggregate Purchase Price for the Units purchased hereunder in cash via wire transfer to an account specified in writing by the Company. Upon the Closing, the Company will issue to the Subscriber the Units being purchased hereunder, each registered in the name of the Subscriber, against delivery of the Aggregate Purchase Price.

Closing of Purchase of Securities. The consummation and settlement of the forward purchase contract for the purchase and sale of the Securities hereunder (the “Closing”) shall be held at the same date and immediately prior to the closing of the Business Combination (the date of the Closing being referred to as the “Closing Date”). No later than two [five] business days prior to the Closing, the Company will inform Subscriber shall deliver of the Aggregate Purchase Price for the exact number of Units purchased it will be obligated to purchase hereunder in cash via wire transfer (subject to an account specified in writing by the Companya maximum of _______ Units). Upon At the Closing, the Company will issue to the Subscriber the Units being purchased hereunder, each registered in the name of the Subscriber, against delivery of the Aggregate Purchase PricePrice in cash via wire transfer to an account specified in writing by the Company no later than [three] business days prior to the Closing.