Common use of Purchase and Issuance of Additional Units Clause in Contracts

Purchase and Issuance of Additional Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Over-allotment Closing Date (as defined below) up to an aggregate of 45,000 Units in consideration of the payments of the Over-allotment Purchase Price (as defined below) and in the same proportion as the amount of the over-allotment option in connection with the IPO is exercised. On the Over-allotment Closing Date, the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Appears in 4 contracts

Samples: Unit Subscription Agreement (New Beginnings Acquisition Corp. III), Unit Subscription Agreement (New Beginnings Acquisition Corp. II), Unit Subscription Agreement (New Beginnings Acquisition Corp.)

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Purchase and Issuance of Additional Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Over-allotment Closing Date (as defined below) up to an aggregate of 45,000 16,875 Units in consideration of the payments of the Over-allotment Purchase Price (as defined below) and in the same proportion as the amount of the over-allotment option in connection with the IPO is exercised. On the Over-allotment Closing DateDate (as defined below), the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Appears in 2 contracts

Samples: Unit Subscription Agreement (Big Cypress Acquisition Corp.), Unit Subscription Agreement (Big Cypress Acquisition Corp.)

Purchase and Issuance of Additional Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Over-allotment Closing Date (as defined below) up to an aggregate of 45,000 18,750 Units in consideration of the payments of the Over-allotment Purchase Price (as defined below) and in the same proportion as the amount of the over-allotment option in connection with the IPO is exercised. On the Over-allotment Closing DateDate (as defined below), the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Appears in 2 contracts

Samples: Unit Subscription Agreement (Brookline Capital Acquisition Corp.), Unit Subscription Agreement (Brookline Capital Acquisition Corp.)

Purchase and Issuance of Additional Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Over-allotment Closing Date (as defined below) up to an aggregate of 45,000 18,750 Units in consideration of the payments of the Over-allotment Purchase Price (as defined below) and in the same proportion as the amount of the over-allotment option in connection with the IPO is exercised. On the Over-allotment Closing Date, the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Appears in 2 contracts

Samples: Private Placement Unit Subscription Agreement (Abri SPAC I, Inc.), Private Placement Unit Subscription Agreement (Abri SPAC I, Inc.)

Purchase and Issuance of Additional Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Over-allotment Closing Date (as defined below) up to an aggregate of 45,000 11,250 Units in consideration of the payments of the Over-allotment Purchase Price (as defined below) and in the same proportion as the amount of the over-allotment option in connection with the IPO is exercised. On the Over-allotment Closing DateDate (as defined below), the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Appears in 2 contracts

Samples: Unit Subscription Agreement (Brookline Capital Acquisition Corp.), Unit Subscription Agreement (Brookline Capital Acquisition Corp.)

Purchase and Issuance of Additional Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Over-allotment Closing Date (as defined below) up to an aggregate of 45,000 5,000 Units in consideration of the payments of the Over-allotment Purchase Price (as defined below) and in the same proportion as the amount of the over-allotment option in connection with the IPO is exercised. On the Over-allotment Closing Date, the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Appears in 2 contracts

Samples: Unit Subscription Agreement (Globis Acquisition Corp.), Unit Subscription Agreement (Globis Acquisition Corp.)

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Purchase and Issuance of Additional Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Over-allotment Closing Date (as defined below) up to an aggregate of 45,000 36,000 Units in consideration of the payments of the Over-allotment Purchase Price (as defined below) and in the same proportion as the amount of the over-allotment option in connection with the IPO is exercised. On the Over-allotment Closing Date, the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Appears in 1 contract

Samples: Private Placement Unit Subscription Agreement (Abri SPAC 2, Inc.)

Purchase and Issuance of Additional Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Over-allotment Closing Date (as defined below) up to an aggregate of 45,000 60,000 Units in consideration of the payments of the Over-allotment Purchase Price (as defined below) and in the same proportion as the amount of the over-allotment option in connection with the IPO is exercised. On the Over-allotment Closing DateDate (as defined below), the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Appears in 1 contract

Samples: Unit Subscription Agreement (Healthcare Merger Corp.)

Purchase and Issuance of Additional Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Over-allotment Closing Date (as defined below) up to an aggregate of 45,000 66,000 Units in consideration of the payments of the Over-allotment Purchase Price (as defined below) and in the same proportion as the amount of the over-allotment option in connection with the IPO is exercised. On the Over-allotment Closing DateDate (as defined below), the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Appears in 1 contract

Samples: Unit Subscription Agreement (Healthcare Merger Corp.)

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