Common use of Purchase and Sale of the Founders’ Units Clause in Contracts

Purchase and Sale of the Founders’ Units. Concurrently with the execution and delivery of this Agreement in the case of the Founders’ Units, or as such date may be extended from time to time by mutual agreement of the parties (in each case, the “Closing Date”), the Company shall issue and sell to the Purchaser and the Purchaser shall purchase from the Company, the Founders’ Units (consisting of the Founders’ Shares and Founders’ Warrants) for the Founders’ Units Purchase Price. On the Closing Date, the Company shall deliver certificates evidencing the Founders’ Units, Founders’ Shares and Founders’ Warrants, to be purchased by the Purchaser hereunder, in each case registered in the Purchaser’s name, upon the payment by the Purchaser of the Founders’ Units Purchase Price by wire transfer of immediately available funds (or by such other means as the Company and the Purchaser shall agree) to the Company in accordance with the Company’s instructions.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Leopard Acquisition Corp.), Securities Purchase Agreement (Leopard Acquisition Corp.), Securities Purchase Agreement (Leopard Acquisition Corp.)

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