Common use of Commitment To Purchase Warrants Clause in Contracts

Commitment To Purchase Warrants. Subject to and immediately prior to the consummation of the Company’s initial public offering (the “IPO”), Purchaser hereby agrees to subscribe for and purchase from the Company, and the Company hereby agrees to issue and sell to Purchaser, six million (6,000,000) Warrants (the “Warrants”) at a purchase price of $1.00 per Warrant for an aggregate purchase price of $6,000,000. Each Warrant shall entitle the holder thereof to purchase one share of common stock, par value $0.0001 per share, of the Company (“Common Stock”) at an exercise price of $7.50 and in accordance with other terms to be reasonably agreed upon by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, and set forth in a warrant agreement between such parties prior to the consummation of the IPO (the “Warrant Agreement”). The closing of the purchase and sale of the Warrants hereunder, including payment for and delivery of the Warrants, shall occur at the offices of the Company immediately prior to, and subject to consummation of, the IPO.

Commitment To Purchase Warrants. Subject to and immediately prior to the consummation of the Company’s initial public offering (the “IPO”), Purchaser hereby agrees to subscribe for and purchase from the Company, and the Company hereby agrees to issue and sell to Purchaser, six five million (6,000,0001,000,000) Warrants (the “Warrants”) at a purchase price of $1.00 per Warrant for an aggregate purchase price of $6,000,0001,000,000. Each Warrant shall entitle the holder thereof to purchase one share of common stock, par value $0.0001 per share, of the Company (“Common Stock”) at an exercise price of $7.50 and in accordance with other terms to be reasonably agreed upon by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, and set forth in a warrant agreement between such parties prior to the consummation of the IPO (the “Warrant Agreement”). The closing of the purchase and sale of the Warrants hereunder, including payment for and delivery of the Warrants, shall occur at the offices of the Company immediately prior to, and subject to consummation of, the IPO.

Commitment To Purchase Warrants. Subject to and immediately prior to the consummation of the Company’s initial public offering (the “IPO”), Purchaser hereby agrees to subscribe for and purchase from the Company, and the Company hereby agrees to issue and sell to Purchaser, six five million (6,000,0005,000,000) Warrants (the “Warrants”) at a purchase price of $1.00 per Warrant for an aggregate purchase price of $6,000,0005,000,000. Each Warrant shall entitle the holder thereof to purchase one share of common stock, par value $0.0001 per share, of the Company (“Common Stock”) at an exercise price of $7.50 and in accordance with other terms to be reasonably agreed upon by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, and set forth in a warrant agreement between such parties prior to the consummation of the IPO (the “Warrant Agreement”). The closing of the purchase and sale of the Warrants hereunder, including payment for and delivery of the Warrants, shall occur at the offices of the Company immediately prior to, and subject to consummation of, the IPO.

Commitment To Purchase Warrants. Subject to and immediately prior to the consummation of the Company’s initial public offering (the “IPO”), Purchaser hereby agrees to subscribe for and purchase from the Company, and the Company hereby agrees to issue and sell to Purchaser, six five million (6,000,0007,500,000) Warrants (the “Warrants”) at a purchase price of $1.00 per Warrant for an aggregate purchase price of $6,000,0007,500,000. Each Warrant shall entitle the holder thereof to purchase one share of common stock, par value $0.0001 per share, of the Company (“Common Stock”) at an exercise price of $7.50 and in accordance with other terms to be reasonably agreed upon by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, and set forth in a warrant agreement between such parties prior to the consummation of the IPO (the “Warrant Agreement”). The closing of the purchase and sale of the Warrants hereunder, including payment for and delivery of the Warrants, shall occur at the offices of the Company immediately prior to, and subject to consummation of, the IPO.