Common use of Purchase and Sale of the Placement Warrants Clause in Contracts

Purchase and Sale of the Placement Warrants. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchasers and the Company (the “Closing Date”), the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, the Placement Warrants at a price of $1.00 per warrant for an aggregate purchase price of $6,825,000 (the “Purchase Price”), allocated among the Purchasers as set forth in Schedule A hereto, which shall be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchasers of the Purchase Price by wire transfer of immediately available funds to the Company, the Company shall, at its option, deliver certificates evidencing the Placement Warrants duly registered in the Purchasers’ names to the Purchasers, or effect such delivery in book-entry form.

Purchase and Sale of the Placement Warrants. (i) On the date that is one business day prior to the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchasers and the Company (the “Closing Date”), the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, the Placement Warrants at a price of $1.00 0.50 per warrant for an aggregate purchase price of $6,825,000 4,250,000 (the “Purchase Price”), allocated among the Purchasers as set forth in Schedule A hereto, which shall be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchasers of the Purchase Price by wire transfer of immediately available funds to the Company, the Company shall, at its option, shall deliver certificates evidencing the Placement Warrants duly registered in the Purchasers’ names to the Purchasers, or effect such delivery in book-entry form.

Purchase and Sale of the Placement Warrants. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchasers and the Company (the “Closing Date”), the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, the Placement Warrants at a price of $1.00 per warrant for an aggregate purchase price of $6,825,000 7,825,000 (the “Purchase Price”), allocated among the Purchasers as set forth in Schedule A hereto, which shall be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchasers of the Purchase Price by wire transfer of immediately available funds to the Company, the Company shall, at its option, deliver certificates evidencing the Placement Warrants duly registered in the Purchasers’ names to the Purchasers, or effect such delivery in book-entry form.