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

Purchase and Sale of the Sponsor Warrants. (i) On the date of the initial consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 8,000,000 Sponsor Warrants at a price of $2.00 per warrant (such aggregate purchase price for such Sponsor Warrants, the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one (1) business day prior to such Closing Date in accordance with the wiring instructions provided by the Company to Purchaser.

Appears in 2 contracts

Samples: Warrant Purchase Agreement (GS Acquisition Holdings Corp II), Warrant Purchase Agreement (GS Acquisition Holdings Corp II)

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Purchase and Sale of the Sponsor Warrants. (i) On the date of the initial consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 8,000,000 7,000,000 Sponsor Warrants at a price of $2.00 1.00 per warrant (such aggregate purchase price for such Sponsor Warrants, the “Purchase Price”), which shall be paid by wire transfer of immediately available funds by the Purchaser to the Company at least one (1) business day prior to such IPO Closing Date in accordance with the wiring instructions provided by the Company to Purchaser.

Appears in 2 contracts

Samples: Warrant Purchase Agreement (Berenson Acquisition Corp. I), Warrant Purchase Agreement (Berenson Acquisition Corp. I)

Purchase and Sale of the Sponsor Warrants. (i) On the date of the initial consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 8,000,000 4,666,667 Sponsor Warrants at a price of $2.00 1.50 per warrant (such aggregate purchase price for such Sponsor Warrants, the “Purchase Price”), which shall be paid by wire transfer of immediately available funds by the Purchaser to the Company at least one (1) business day prior to such IPO Closing Date in accordance with the wiring instructions provided by the Company to Purchaser.

Appears in 2 contracts

Samples: Warrant Purchase Agreement (Stratim Cloud Acquisition Corp.), Warrant Purchase Agreement (Stratim Cloud Acquisition Corp.)

Purchase and Sale of the Sponsor Warrants. (i) On the date of the initial consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 8,000,000 6,000,000 Sponsor Warrants at a price of $2.00 1.00 per warrant (such aggregate purchase price for such Sponsor Warrants, the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one (1) business day prior to such IPO Closing Date in accordance with the wiring instructions provided by the Company to Purchaser.

Appears in 1 contract

Samples: Warrant Purchase Agreement (KINS Technology Group, Inc.)

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Purchase and Sale of the Sponsor Warrants. (i) On the date of the initial consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 8,000,000 7,019,607 Sponsor Warrants at a price of $2.00 1.00 per warrant (such aggregate purchase price for such Sponsor Warrants, the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one (1) business day prior to such IPO Closing Date in accordance with the wiring instructions provided by the Company to Purchaser.

Appears in 1 contract

Samples: Warrant Purchase Agreement (KINS Technology Group, Inc.)

Purchase and Sale of the Sponsor Warrants. (i) On the date of the initial consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 8,000,000 8,023,528 Sponsor Warrants at a price of $2.00 1.00 per warrant (such aggregate purchase price for such Sponsor Warrants, the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one (1) business day prior to such IPO Closing Date in accordance with the wiring instructions provided by the Company to Purchaser.

Appears in 1 contract

Samples: Warrant Purchase Agreement (KINS Technology Group, Inc.)

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