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, up to an aggregate of 30,000 Additional Units in consideration of the payment of $10.00 per Additional Unit for a purchase price of up to $300,000 and in the same proportion as the amount of the Over-Allotment Option is exercised. The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or in part. On the Over-Allotment Closing Date (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.

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, up to an aggregate of 30,000 6,250 Additional Units in consideration of the payment of $10.00 per Additional Unit for a purchase price of up to $300,000 62,500 and in the same proportion as the amount of the Over-Allotment Option is exercised. The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or in part. On the Over-Allotment Closing Date (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.

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, up to an aggregate of 30,000 [ ] Additional Units in consideration of the payment of $10.00 per Additional Unit for a purchase price of up to $300,000 [ ] and in the same proportion as the amount of the Over-Allotment Option is exercised. The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or in part. On the Over-Allotment Closing Date (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.

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, up to an aggregate of 30,000 1,250 Additional Units in consideration of the payment of $10.00 per Additional Unit for a purchase price of up to $300,000 12,500 and in the same proportion as the amount of the Over-Allotment Option is exercised. The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or in part. On the Over-Allotment Closing Date (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.