Common use of Parent Units Clause in Contracts

Parent Units. At the Reincorporation Effective Time, every issued and outstanding Parent Unit shall be separated automatically into its constituent securities, which shall be converted automatically into securities of Purchaser in accordance with Section 2.6(a), (c) or (d), as applicable. At the Reincorporation Effective Time, all Parent Units shall cease to be outstanding and shall automatically be canceled and retired and shall cease to exist. The holders of issued Parent Units immediately prior to the Reincorporation Effective Time shall cease to have any rights with respect to such Parent Units, except as provided herein or by Law. Upon surrender of each certificate (if any) previously evidencing Parent Units, such certificate shall be exchanged for certificates representing the applicable number of Purchaser Class A Ordinary Shares and Purchaser Warrants.

Parent Units. At the Reincorporation Redomestication Effective Time, every issued and outstanding Parent Unit shall be separated automatically into its constituent securities, which shall be converted automatically into securities one unit consisting of one Purchaser in accordance with Section 2.6(aSubunit and one-half of a warrant to purchase Purchaser Common Stock (the “Purchaser Units”), (c) or (d), as applicable. At the Reincorporation Redomestication Effective Time, all Parent Units shall cease to be outstanding and shall automatically be canceled and retired and shall cease to exist. The holders of issued certificates previously evidencing Parent Units outstanding immediately prior to the Reincorporation Redomestication Effective Time shall cease to have any rights with respect to such Parent Units, except as provided herein or by Law. Upon surrender of each Each certificate (if any) previously evidencing Parent Units, such certificate Units shall be exchanged for certificates a certificate representing the applicable same number of Purchaser Class A Ordinary Shares and Purchaser WarrantsUnits upon the surrender of such certificate in accordance with Section 2.7.

Parent Units. At the Reincorporation Effective Time, every issued and outstanding Parent Unit shall be separated automatically into its constituent securities, which shall be converted automatically into securities of Purchaser in accordance with Section 2.6(a), (c) or (d), as applicable. At the Reincorporation Effective Time, all Parent Units shall cease to be outstanding and shall automatically be canceled and retired and shall cease to exist. The holders of issued Parent Units immediately prior to the Reincorporation Effective Time Time, as evidenced by the Register of Members, shall cease to have any rights with respect to such Parent Units, except as provided herein or by Law. Upon surrender of each certificate (if any) previously evidencing Parent Units, such certificate shall be exchanged for certificates representing the applicable number of shares of Purchaser Class A Ordinary Shares Common Stock and Purchaser Warrants.

Parent Units. At the Reincorporation Effective Time, every issued and outstanding Parent Unit shall be separated automatically into its constituent securities, which shall be converted automatically into securities of one Purchaser in accordance with Section 2.6(a), (c) or (d), as applicableUnit. At the Reincorporation Effective Time, all Parent Units shall cease to be outstanding and shall automatically be canceled and retired and shall cease to exist. The holders of issued certificates previously evidencing Parent Units outstanding immediately prior to the Reincorporation Effective Time shall cease to have any rights with respect to such Parent Units, except as provided herein or by Law. Upon surrender of each Each certificate (if any) previously evidencing Parent Units, such certificate Units shall be exchanged for certificates a certificate representing the applicable same number of Purchaser Class A Ordinary Shares and Purchaser WarrantsUnits upon the surrender of such certificate in accordance with Section 2.7.