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

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 8 contracts

Samples: Private Placement Unit Subscription Agreement (Forest Acquisition Corp.), Private Placement Unit Subscription Agreement (Metal Sky Star Acquisition Corp), Private Placement Unit Subscription Agreement (Alpha Star Acquisition Corp)

AutoNDA by SimpleDocs

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon Upon the terms and subject to the conditions of this Agreement, the Purchaser Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the PurchaserSubscriber, on the Closing Date (as defined in Section 1.2below) 300,000 the Initial Units at $10.00 per in consideration of the payment of the Initial UnitPurchase Price (as defined below). In addition to On the foregoingClosing Date, the Purchaser Company shall deliver (via book entry) to Subscriber the Securities purchased. Subscriber hereby agrees to purchase up to an additional 30,000 21,389 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”)213,890. 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. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount proportion of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 4 contracts

Samples: Private Placement Units Purchase Agreement (Anghami Inc), Private Placement Units Purchase Agreement (Vistas Media Acquisition Co Inc.), Private Placement Units Purchase Agreement (Vistas Media Acquisition Co Inc.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon Upon the terms and subject to the conditions of this Agreement, the Purchaser Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the PurchaserSubscriber, on the Closing Date (as defined in Section 1.2below) 300,000 the Initial Units at $10.00 per in consideration of the payment of the Initial UnitPurchase Price (as defined below). In addition to On the foregoingClosing Date, the Purchaser Company shall deliver (via book entry) to Subscriber the Securities purchased. Subscriber hereby agrees to purchase up to an additional 30,000 45,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”)450,000. 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. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount proportion of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 4 contracts

Samples: Private Placement Units Purchase Agreement (B. Riley Principal 250 Merger Corp.), Private Placement Units Purchase Agreement (B. Riley Principal 250 Merger Corp.), Private Placement Units Purchase Agreement (B. Riley Principal 150 Merger Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,700,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 270,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 22,500 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 225,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 4 contracts

Samples: Unit Subscription Agreement (Blue Safari Group Acquisition Corp), Unit Subscription Agreement (Blue Safari Group Acquisition Corp), Unit Subscription Agreement (Model Performance Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 3,700,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 370,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 36,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 360,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 4 contracts

Samples: Unit Subscription Agreement (TMT Acquisition Corp.), Unit Subscription Agreement (TenX Keane Acquisition), Unit Subscription Agreement (TenX Keane Acquisition)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon Upon the terms and subject to the conditions of this Agreement, the Purchaser Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the PurchaserSubscriber, on the Closing Date (as defined in Section 1.2below) 300,000 the Initial Units at $10.00 per in consideration of the payment of the Initial UnitPurchase Price (as defined below). In addition to On the foregoingClosing Date, the Purchaser Company shall deliver (via book entry) to Subscriber the Securities purchased. Subscriber hereby agrees to purchase up to an additional 30,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”)300,000. 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. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount proportion of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 3 contracts

Samples: Private Placement Units Purchase Agreement (HighCape Capital Acquisition Corp.), Private Placement Units Purchase Agreement (HighCape Capital Acquisition Corp.), Private Placement Units Purchase Agreement (HighCape Capital Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,200,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 220,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 18,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 180,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 3 contracts

Samples: Private Placement Unit Subscription Agreement (Expectation Acquisition Corp), Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp), Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon Upon the terms and subject to the conditions of this Agreement, the Purchaser Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the PurchaserSubscriber, on the Closing Date (as defined in Section 1.2below) 300,000 the Initial Units at $10.00 per in consideration of the payment of the Initial UnitPurchase Price (as defined below). In addition to On the foregoingClosing Date, the Purchaser Company shall deliver (via book entry) to Subscriber the Securities purchased. Subscriber hereby agrees to purchase up to an additional 30,000 60,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”)600,000. 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. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount proportion of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 3 contracts

Samples: Private Placement Units Purchase Agreement (B. Riley Principal Merger Corp. II), Private Placement Units Purchase Agreement (B. Riley Principal Merger Corp. II), Private Placement Units Purchase Agreement (B. Riley Principal Merger Corp. II)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 3,400,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 340,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 33,750 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 337,500 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 3 contracts

Samples: Unit Subscription Agreement (Embrace Change Acquisition Corp.), Unit Subscription Agreement (Embrace Change Acquisition Corp.), Unit Subscription Agreement (Embrace Change Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon Upon the terms and subject to the conditions of this Agreement, the Purchaser Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the PurchaserSubscriber, on the Closing Date (as defined in Section 1.2below) 300,000 the Initial Units at $10.00 per in consideration of the payment of the Initial UnitPurchase Price (as defined below). In addition to On the foregoingClosing Date, the Purchaser Company shall deliver (via book entry) to Subscriber the Securities purchased. Subscriber hereby agrees to purchase up to an additional 30,000 37,500 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”)375,000. 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. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount proportion of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 3 contracts

Samples: Private Placement Units Purchase Agreement (B. Riley Principal Merger Corp.), Private Placement Units Purchase Agreement (B. Riley Principal Merger Corp.), Private Placement Units Purchase Agreement (B. Riley Principal Merger Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,167,500 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 216,750 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 11,250 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 112,500 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 3 contracts

Samples: Unit Subscription Agreement (Eureka Acquisition Corp), Unit Subscription Agreement (Hercules Capital Management Corp), Unit Subscription Agreement (Eureka Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,800,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 280,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 27,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 270,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 3 contracts

Samples: Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp), Private Placement Unit Subscription Agreement (Golden Star Acquisition Corp), Private Placement Unit Subscription Agreement (Golden Star Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 3,425,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 342,500 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 34,125 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 341,250 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

Samples: Unit Subscription Agreement (Embrace Change Acquisition Corp.), Unit Subscription Agreement (Embrace Change Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 100,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

Samples: Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp), Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,400,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 240,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 11,250 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 112,500 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

Samples: Unit Subscription Agreement (Eureka Acquisition Corp), Unit Subscription Agreement (Eureka Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,480,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 248,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 22,500 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 225,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

Samples: Private Placement Unit Subscription Agreement (Golden Path Acquisition Corp), Private Placement Unit Subscription Agreement (Golden Path Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the 3,150,000(the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 315,000 units Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 28,125 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 281,250 (the “Additional Purchase Price” and and, together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

Samples: Private Placement Unit Subscription Agreement (Oak Woods Acquisition Corp), Private Placement Unit Subscription Agreement (Oak Woods Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon Upon the terms and subject to the conditions of this Agreement, the Purchaser Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the PurchaserSubscriber, on the Closing Date (as defined in Section 1.2below) 300,000 the Initial Units at $10.00 per in consideration of the payment of the Initial UnitPurchase Price (as defined below). In addition to On the foregoingClosing Date, the Purchaser Company shall deliver (via book entry) to Subscriber the Securities purchased. Subscriber hereby agrees to purchase up to an additional 30,000 66,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”)660,000. The purchase and issuance of the Additional Units shall occur only in the event that the Overover-Allotment Option allotment option is exercised in full or in part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount proportion of the Overover-Allotment Option allotment option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Overover-Allotment Optionallotment option.

Appears in 2 contracts

Samples: Private Placement Units Purchase Agreement (Netfin Acquisition Corp.), Private Placement Units Purchase Agreement (Netfin Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,150,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 215,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 10,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 100,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

Samples: Private Placement Unit Subscription Agreement (Yanming Liu), Private Placement Unit Subscription Agreement (Venus Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,455,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 245,500 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 20,625 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 206,250 (the “Additional Purchase Price” and and, together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

Samples: Private Placement Unit Subscription Agreement (Plutonian Acquisition Corp.), Private Placement Unit Subscription Agreement (Plutonian Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,325,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 232,500 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 7,500 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 75,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

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

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,605,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 260,500 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 24,375 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 243,750 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

Samples: Private Placement Unit Subscription Agreement (Qomolangma Acquisition Corp.), Private Placement Unit Subscription Agreement (Qomolangma Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 3,050,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 305,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

Samples: Unit Subscription Agreement (Aimei Health Technology Co., Ltd.), Unit Subscription Agreement (Aimei Health Technology Co., Ltd.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 1,934,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 193,400 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 13,500 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 135,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 2 contracts

Samples: Private Placement Unit Subscription Agreement (DT Cloud Star Acquisition Corp), Private Placement Unit Subscription Agreement (DT Cloud Star Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 3,400,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 340,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 31,500 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 315,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Unit Subscription Agreement (TMT Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon Upon the terms and subject to the conditions of this Agreement, the Purchaser Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the PurchaserSubscriber, on the Closing Date (as defined in Section 1.2below) 300,000 the Initial Units at $10.00 per in consideration of the payment of the Initial UnitPurchase Price (as defined below). In addition to On the foregoingClosing Date, the Purchaser Company shall deliver (via book entry) to Subscriber the Securities purchased. Subscriber hereby agrees to purchase up to an additional 30,000 15,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”)150,000. 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. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount proportion of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Units Purchase Agreement (B. Riley Principal 150 Merger Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,750,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 275,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Unit Subscription Agreement (Aimei Health Technology Co., Ltd.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,125,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 212,500 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 15,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 150,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Unit Subscription Agreement (Yunhong International)

AutoNDA by SimpleDocs

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,355,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 235,500 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 20,625 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 206,250 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Unit Subscription Agreement (Qomolangma Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,325,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 232,500 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 18,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 180,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Unit Subscription Agreement (Yunhong International)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 3,250,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 325,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Unit Subscription Agreement (Aimei Health Technology Co., Ltd.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon Upon the terms and subject to the conditions of this Agreement, the Purchaser Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the PurchaserSubscriber, on the Closing Date (as defined in Section 1.2below) 300,000 the Initial Units at $10.00 per in consideration of the payment of the Initial UnitPurchase Price (as defined below). In addition to On the foregoingClosing Date, the Purchaser Company shall deliver (via book entry) to Subscriber the Securities purchased. Subscriber hereby agrees to purchase up to an additional 30,000 90,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”)900,000. 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. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount proportion of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Units Purchase Agreement (B. Riley Principal Merger Corp. II)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon Upon the terms and subject to the conditions of this Agreement, the Purchaser Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the PurchaserSubscriber, on the Closing Date (as defined in Section 1.2below) 300,000 the Initial Units at $10.00 per in consideration of the payment of the Initial UnitPurchase Price (as defined below). In addition to On the foregoingClosing Date, the Purchaser Company shall deliver (via book entry) to Subscriber the Securities purchased. Subscriber hereby agrees to purchase up to an additional 30,000 78,750 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”)787,500. 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. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount proportion of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Units Purchase Agreement (B. Riley Principal Merger Corp. II)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,500,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 250,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 22,500 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 225,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Unit Subscription Agreement (Expectation Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 [2,150,000] (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 [215,000] Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 [10,000] Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 100,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,200,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 220,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 15,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 150,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Unit Subscription Agreement (Model Performance Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 3,463,940 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 346,394 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 30,937 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 309,370 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Unit Subscription Agreement (Genesis Unicorn Capital Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,575,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 257,500 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 15,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 150,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Form of Unit Subscription Agreement (Love & Health LTD)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 3,340,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 334,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 27,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 270,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Unit Subscription Agreement (TMT Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 3,100,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 310,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 31,500 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 315,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,650,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 265,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 22,500 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 225,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Unit Subscription Agreement (Embrace Change Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon Upon the terms and subject to the conditions of this Agreement, the Purchaser Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the PurchaserSubscriber, on the Closing Date (as defined in Section 1.2below) 300,000 the Initial Units at $10.00 per in consideration of the payment of the Initial UnitPurchase Price (as defined below). In addition to On the foregoingClosing Date, the Purchaser Company shall deliver (via book entry) to Subscriber the Securities purchased. Subscriber hereby agrees to purchase up to an additional 30,000 75,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”)750,000. 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. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount proportion of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Units Purchase Agreement (B. Riley Principal 250 Merger Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 3,800,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 380,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Unit Subscription Agreement (TenX Keane Acquisition)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 (the 3,370,000(the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 337,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 36,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 360,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Unit Subscription Agreement (ASPAC I Acquisition Corp.)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 [3,000,000] (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 [300,000] Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 [10,000] Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 100,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp)

Purchase and Issuance of the Units. For the aggregate sum of $3,000,000 2,350,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 235,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 15,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 150,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.

Appears in 1 contract

Samples: Private Placement Unit Subscription Agreement (Metal Sky Acquisition Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.