Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering (the “Closing Date”), the Company shall issue and sell to each Purchaser, and each Purchaser shall purchase, severally and not jointly, from the Company, the number of Private Placement Units set forth oposite its name on Schedule 1 at a price of $10.00 per Private Placement Unit for an aggregate purchase price of $35,000,000 (the “Purchase Price”). Each Purchaser shall pay, severally and not jointly, its portion of the Purchase Price for the Private Placement Units to the trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee, in each case in accordance with the Company’s wiring instructions, at least one (1) business day prior to the Closing Date. On the Closing Date, subject to the receipt of funds pursuant to the immediately prior sentence, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by each Purchaser on such date duly registered in each Purchaser’s name to each Purchaser or effect such delivery in book-entry form.
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Samples: Private Placement Units Purchase Agreement (Aurora Acquisition Corp.), Private Placement Units Purchase Agreement (Aurora Acquisition Corp.)
Purchase and Sale of the Private Placement Units. (i) On the date of Simultaneously with the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to each the Purchaser, and each the Purchaser shall purchase, severally and not jointly, purchase from the Company, the number an aggregate of 465,000 Private Placement Units set forth oposite its name on Schedule 1 at a price of $10.00 per Private Placement Unit for an aggregate purchase price of $35,000,000 4,650,000 (the “Purchase Price”). Each Purchaser shall pay, severally and not jointly, its portion of pay the Purchase Price for the Private Placement Units by wire transfer of immediately available funds to the trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee, in each case in accordance with the Company’s wiring instructions, at least one (1) business day prior to the Closing date of effectiveness (the “Effective Date”) of the registration statement relating to the Public Offering (the “Registration Statement”). On the Closing Date, subject to upon the receipt payment by the Purchaser of funds pursuant to the immediately prior sentencePurchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by each Purchaser on such date duly registered in each the Purchaser’s name to each the Purchaser or effect such delivery in book-entry form.
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Samples: Private Placement Units Purchase Agreement (ITHAX Acquisition Corp.)
Purchase and Sale of the Private Placement Units. (i) On the date of Simultaneously with the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to each the Purchaser, and each the Purchaser shall purchase, severally and not jointly, purchase from the Company, the number an aggregate of 412,500 Private Placement Units set forth oposite its name on Schedule 1 at a price of $10.00 per Private Placement Unit for an aggregate purchase price of $35,000,000 4,125,000 (the “Purchase Price”). Each Purchaser shall pay, severally and not jointly, its portion of pay the Purchase Price for the Private Placement Units by wire transfer of immediately available funds to the trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee, in each case in accordance with the Company’s wiring instructions, at least one (1) business day prior to the Closing date of effectiveness (the “Effective Date”) of the registration statement relating to the Public Offering (the “Registration Statement”). On the Closing Date, subject to upon the receipt payment by the Purchaser of funds pursuant to the immediately prior sentencePurchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by each Purchaser on such date duly registered in each the Purchaser’s name to each the Purchaser or effect such delivery in book-entry form.
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Samples: Private Placement Units Purchase Agreement (ITHAX Acquisition Corp.)
Purchase and Sale of the Private Placement Units. (i) On the date of Simultaneously with the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to each the Purchaser, and each the Purchaser shall purchase, severally and not jointly, purchase from the Company, the number an aggregate of 465,000 Private Placement Units set forth oposite its name on Schedule 1 at a price of $10.00 per Private Placement Unit for an aggregate purchase price of $35,000,000 4,650,000 (the “Purchase Price”). Each Purchaser shall pay, severally and not jointly, its portion of pay the Purchase Price for the Private Placement Units by wire transfer of immediately available funds to the trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee, in each case in accordance with the Company’s wiring instructions, at least one (1) business day prior to the Closing date of effectiveness (the “Effective Date”) of the registration statement relating to the Public Offering (the “Registration Statement”). On the Closing Date, subject to upon the receipt payment by the Purchaser of funds pursuant to the immediately prior sentencePurchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by each Purchaser on such date duly registered in each the Purchaser’s name to each the Purchaser or effect such delivery in book-entry form..
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Samples: Private Placement Units Purchase Agreement (ITHAX Acquisition Corp.)