EBC Warrants. The EBC Warrants shall have the same terms and be in the same form as the Public Warrants.
EBC Warrants. The EBC Warrants shall be exercisable only upon the exercise of the purchase option issued to EBC and shall have the same terms and be in the same form as the Public Warrants. The provisions of this Section 2.7 may not be modified, amended or deleted without the prior written consent of EBC.
EBC Warrants. The EBC Warrants, when issued, shall have the same terms and be in the same form as the Public Warrants. The provisions of this Section 2.7 may not be modified, amended or deleted without the prior written consent of EBC.
EBC Warrants. On the Closing Date, the aggregate purchase price of the EBC Warrants shall be deposited into the Trust Account.
EBC Warrants. The EBC Warrants will be issued in the same form as the Public Warrants, except that the Company will only be able to call the EBC Warrants for redemption on a cash basis with the prior consent of EBC, provided that the EBC Warrants are then held by EBC or its designees or affiliates. In the event that the Company calls the EBC Warrants for redemption on a cashless basis, the Company will not be required to obtain the prior consent of EBC.
EBC Warrants. On the Closing Date, the purchase price of $400,000 for the EBC Warrants shall be deposited into the Trust Account.
EBC Warrants. The EBC Warrants shall be identical to the Warrants except that (i) they are being issued in a private placement and will not be registered under the Securities Act and (ii) if the Company calls the Warrants for redemption but does not require all holders to exercise their Warrants on a “cashless basis,” the Company will only be able to call the EBC Warrants for redemption with the prior consent of the Underwriter, provided the EBC Warrants are held by the initial purchasers or their affiliates.
EBC Warrants. On the Closing Date, the EBC Investors shall have purchased the EBC Warrants and the purchase price for such securities shall be deposited into the Trust Account.
EBC Warrants. The Underwriter hereby agrees, directly or through its nominees, to purchase an aggregate of $400,000 (the “EBC Purchase Price” and together with the Insider Purchase Price, the “Purchase Price”) of EBC Warrants at a purchase price equal to the average reported last sale price of the Company’s warrants for the five trading days ending on the 90th day after the effective date of the Registration Statement. Such purchases shall be in the name and amount set forth on Schedule A hereto.
EBC Warrants. The closing of the purchase and sale of the EBC Warrants (the “EBC Closing”) will take place on the 91st day after the effective date of the Registration Statement, or the first business day thereafter. The Underwriter shall pay the EBC Purchase Price by wire transfer of funds to CST&T no later than twenty-four hours prior to the effective date of the Registration Statement. Certificates evidencing the EBC Warrants will be delivered to the Underwriter on the date of the EBC Closing.
