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

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Stock Transfer & Trust Company, LLC, acting as trustee, or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Appears in 4 contracts

Samples: Private Placement Warrants Purchase Agreement (Experience Investment Corp.), Private Placement Warrants Purchase Agreement (Experience Investment Corp.), Private Placement Warrants Purchase Agreement (DiamondPeak Holdings Corp.)

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Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 6,000,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 9,000,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Stock Transfer & Trust Company, LLC, acting as trustee, or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 3 contracts

Samples: Sponsor Warrants Purchase Agreement, Sponsor Warrants Purchase Agreement (Kayne Anderson Acquisition Corp), Sponsor Warrants Purchase Agreement (Kayne Anderson Acquisition Corp)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 4,060,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 6,090,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Stock Transfer & Trust Company, LLC, acting as trustee, or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Appears in 2 contracts

Samples: Private Placement Warrants Purchase Agreement (DiamondPeak Holdings Corp.), Private Placement Warrants Purchase Agreement (DiamondPeak Holdings Corp.)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 12,000,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 6,000,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx Gxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 2 contracts

Samples: Sponsor Warrants Purchase Agreement (Tiberius Acquisition Corp), Sponsor Warrants Purchase Agreement (KLR Energy Acquisition Corp.)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 6,333,333 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 9,500,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trustee, or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (Conyers Park Acquisition Corp.)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 7,700,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 7,700,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trustee, or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (Hennessy Capital Acquisition Corp. III)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 7,937,500 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 6,350,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx Gxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (KLR Energy Acquisition Corp.)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 17,500,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 8,750,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the Registration Statement.

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (Legacy Acquisition Corp.)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 13,900,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 6,950,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (Hennessy Capital Acquisition Corp II)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 7,776,667 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 5,832,500 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx Gxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (KLR Energy Acquisition Corp.)

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Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 14,500,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 7,250,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx Gxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (Matlin & Partners Acquisition Corp)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 7,100,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 3,550,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx Gxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (M III Acquisition Corp.)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 13,500,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 6,750,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trustee, or into an escrow account maintained by Ellenoff Xxxxxxxx Gxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (MP Acquisition I Corp.)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 4,500,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 4,500,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (Tiberius Acquisition Corp)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 9,376,667 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 7,032,500 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (KLR Energy Acquisition Corp.)

Purchase and Sale of the Sponsor Warrants. (i) As payment in full for the 4,666,667 11,600,000 Sponsor Warrants being purchased under this Agreement, Purchaser shall pay $7,000,000 5,800,000 (the “Purchase Price”), by wire transfer of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the “Trust Account”) at a financial institution to be chosen by the Company, maintained by American Continental Stock Transfer & Trust Company, LLC, acting as trusteetrustee (“Continental”), or into an escrow account maintained by Ellenoff Xxxxxxxx & Schole LLP (“EG&S”), counsel for the Company, at least one (1) business day prior to the date of effectiveness of the registration statement to be filed in connection with the Public Offering (the “Registration Statement”).

Appears in 1 contract

Samples: Sponsor Warrants Purchase Agreement (Global Partner Acquisition Corp.)

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