Common use of Purchase and Issuance of the Private Placement Units Clause in Contracts

Purchase and Issuance of the Private Placement 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 Closing Date (as defined below) the Private Placement Units in consideration of the payment of the Purchase Price. On the 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: Private Placement Unit Subscription Agreement (Mount Rainier Acquisition Corp.), Private Placement Unit Subscription Agreement (Mount Rainier Acquisition Corp.), Private Placement Unit Subscription Agreement (Mount Rainier Acquisition Corp.)

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Purchase and Issuance of the Private Placement Units. Upon the terms and subject to the conditions of this Agreement, the each Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the each Subscriber, on the Initial Closing Date (as defined below) the Private Placement number of Base Units set forth next to each Subscriber’s name on Schedule A hereto in consideration of the payment of the Base Purchase Price. On the 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 formPrice (as defined below).

Appears in 4 contracts

Samples: Private Placement Unit Subscription Agreement (Lionheart III Corp), Private Placement Unit Subscription Agreement (Lionheart III Corp), Private Placement Unit Subscription Agreement (Lionheart IV Corp)

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