Common use of Forward Purchase Securities Clause in Contracts

Forward Purchase Securities. (i) The Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, (1) the number of Forward Purchase Shares that is the quotient of (x) the amount of capital committed to the Purchaser and allocated to this Agreement as notified by the Purchaser to the Company no later than five (5) Business Days prior to such time as any definitive agreement with respect to a Business Combination is executed by the Company (the “Allocation Notice”), which amount shall be no more than $50,000,000 in the Purchaser’s sole discretion, and (y) $10.00 (the “

Appears in 4 contracts

Samples: Forward Purchase Agreement (MSD Acquisition Corp. / New), Forward Purchase Agreement (Lead Edge Growth Opportunities, LTD), Forward Purchase Agreement (MSD Acquisition Corp. / New)

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Forward Purchase Securities. (i) The Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, (1) the number of Forward Purchase Shares that is the quotient of (x) the amount of capital committed to the Purchaser and allocated to this Agreement as notified by the Purchaser to the Company as promptly as practicable after the date hereof and no later than five (5) Business Days prior to such time as any definitive agreement with respect to a Business Combination is executed by the Company (the “Allocation Notice”), which amount shall be no more than $50,000,000 150,000,000 and no less than $50,000,000, in the Purchaser’s sole discretion, and (y) $10.00 (the “

Appears in 3 contracts

Samples: Forward Purchase Agreement (Pontem Corp), Forward Purchase Agreement (Pontem Corp), Forward Purchase Agreement (Pontem Corp)

Forward Purchase Securities. (i) The Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, (1) the number of Forward Purchase Shares that is the quotient of (x) the amount of capital committed to the Purchaser and allocated to this Agreement as notified by the Purchaser to the Company no later than five (5) Business Days prior to such time as any definitive agreement with respect to a Business Combination is executed by the Company (the “Allocation Notice”), which amount shall be no more than $50,000,000 20,000,000 in the Purchaser’s sole discretion, and (y) $10.00 (the “

Appears in 3 contracts

Samples: Forward Purchase Agreement (Orion Biotech Opportunities Corp.), Forward Purchase Agreement (Orion Biotech Opportunities Corp.), Forward Purchase Agreement (Orion Biotech Opportunities Corp.)

Forward Purchase Securities. (i) The i)The Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, (1) the number of Forward Purchase Shares that is the quotient of (x) the amount of capital committed to by the Purchaser and allocated to this Agreement as notified by the Purchaser to the Company no later than five (5) Business Days prior to such time as any definitive agreement with respect to a Business Combination is executed by the Company (the “Allocation Notice”), which amount shall be no more than $50,000,000 50,000,000, in the Purchaser’s 's sole discretion, and (y) $10.00 (the “Number of Forward Purchase Shares”), for an aggregate purchase price of $10.00 multiplied by the Number of Forward Purchase Shares issued and sold hereunder (the “FPS Purchase Price”).

Appears in 1 contract

Samples: Forward Purchase Agreement (Aries I Acquisition Corp.)

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Forward Purchase Securities. (i) The Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, (1) the number of Forward Purchase Shares that is the quotient of (x) the amount of capital committed to by the Purchaser and allocated to this Agreement as notified by the Purchaser to the Company no later than five (5) Business Days prior to such time as any definitive agreement with respect to a Business Combination is executed by the Company (the “Allocation Notice”), which amount shall be no more than $50,000,000 50,000,000, in the Purchaser’s 's sole discretion, and (y) $10.00 (the “Number of Forward Purchase Shares”), for an aggregate purchase price of $10.00 multiplied by the Number of Forward Purchase Shares issued and sold hereunder (the “FPS Purchase Price”).

Appears in 1 contract

Samples: Forward Purchase Agreement (Aries I Acquisition Corp.)

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