Common use of Private Placement Warrant Purchase Agreement Clause in Contracts

Private Placement Warrant Purchase Agreement. The Company and Sponsor have entered into a Private Placement Warrant Purchase Agreement, the form of which is filed as an exhibit to the Registration Statement (the “Private Placement Warrant Purchase Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Private Warrants as provided for in such Private Placement Warrant Purchase Agreement. Pursuant to the Private Placement Warrant Purchase Agreement, (i) the Sponsor has waived any and all rights and claims each may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Private Warrants, and (ii) the proceeds from the sale of the Private Warrants will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date or any Option Closing Date, as applicable, as provided for in the Private Placement Warrant Purchase Agreement.

Appears in 2 contracts

Samples: Underwriting Agreement (Prospect Energy Holdings Corp.), Underwriting Agreement (Prospect Energy Holdings Corp.)

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Private Placement Warrant Purchase Agreement. The Company Sponsor has executed and Sponsor have entered into delivered a Private Placement Warrant Purchase Agreement, the form of which is filed as an exhibit to the Registration Statement (the “Private Placement Warrant Purchase Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Private Placement Warrants as provided for in such Private Placement Warrant Purchase Agreement. Pursuant to the Private Placement Warrant Purchase Agreement, (i) the Sponsor has waived any and all rights and claims each may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Private WarrantsPlacement Securities, and (ii) the proceeds from the sale of the Private Warrants Placement Securities will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date or any Option Closing Date, as applicable, as provided for in the Private Placement Warrant Purchase Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Noble Education Acquisition Corp.)

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Private Placement Warrant Purchase Agreement. The Company Sponsor has executed and Sponsor have entered into delivered a Private Placement Warrant Purchase Agreementprivate placement warrant purchase agreement, the form of which is filed as an exhibit to the Registration Statement (the “Private Placement Sponsor Warrant Purchase Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Private Placement Warrants as provided for in such Private Placement the Sponsor Warrant Purchase Agreement. Pursuant to the Private Placement Sponsor Warrant Purchase Agreement, (i) the Sponsor has waived any and all rights and claims each may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Private WarrantsPlacement Securities, and (ii) the proceeds from the sale of the Private Warrants Placement Securities will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date or any Option Closing Date, as applicable, as provided for in the Private Placement Sponsor Warrant Purchase Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Translational Development Acquisition Corp.)

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