Common use of Deposit to the Trust Account Clause in Contracts

Deposit to the Trust Account. The Sponsor (at least one business day prior to the First Closing Date and each Option Closing Date) shall have caused proceeds from the sale of the Sponsor Shares to be deposited into the Trust Account so that together with proceeds for the Firm Securities (including the Deferred Discount), or with respect to the Optional Securities, proceeds from the Optional Securities (including the Deferred Discount), the aggregate amount of money deposited into the Trust Account would equal the product of the number of shares of Class A Common Stock issued and the public offering price per share of Class A Common Stock as set forth on the cover of the Prospectus.

Appears in 5 contracts

Samples: Underwriting Agreement (Foresite Life Sciences Corp.), Underwriting Agreement (FS Development Corp. II), Underwriting Agreement (FS Development Corp.)

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Deposit to the Trust Account. The Sponsor (at least one business day prior to the First Closing Date and each Option Closing Date) ), shall have caused proceeds from the sale of the Sponsor Private Placement Shares to be deposited into the Trust Account so that together with proceeds for the Firm Securities (including the Deferred Discount), or with respect to the Optional Securities, proceeds from the Optional Securities (including the Deferred Discount), the aggregate amount of money deposited into the Trust Account would equal the product of the number of shares of Class A Common Stock Ordinary Shares issued and the public offering price per share of Class A Common Stock Ordinary Share as set forth on the cover of the Prospectus.

Appears in 2 contracts

Samples: Underwriting Agreement (HealthCor Catalio Acquisition Corp.), Underwriting Agreement (HealthCor Catalio Acquisition Corp.)

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