Common use of Purchase of Founder Shares Clause in Contracts

Purchase of Founder Shares. For the sum of $87.00 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Founder Shares to the Subscriber, and the Subscriber hereby purchases the Founder Shares from the Company, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Founder Shares, or effect such delivery in book-entry form.

Appears in 3 contracts

Samples: Subscription Agreement (Brimstone Acquisition Holdings Corp.), Subscription Agreement (Advanced Merger Partners, Inc.), Subscription Agreement (Advanced Merger Partners, Inc.)

AutoNDA by SimpleDocs

Purchase of Founder Shares. For the sum of $87.00 25,000.00 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Founder Shares to the Subscriber, and the Subscriber hereby purchases the Founder Shares from the Company, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Founder Shares, or effect such delivery in book-entry form.

Appears in 2 contracts

Samples: Subscription Agreement (Chardan Nextech Acquisition Corp.), Subscription Agreement (Chardan Nextech Acquisition Corp.)

Purchase of Founder Shares. For the sum of $87.00 81.52 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Founder Shares to the Subscriber, and the Subscriber hereby purchases the Founder Shares from the Company, Company on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Founder Shares, or effect such delivery in book-entry form.

Appears in 2 contracts

Samples: Subscription Agreement (EQ Health Acquisition Corp.), Subscription Agreement (EQ Health Acquisition Corp.)

Purchase of Founder Shares. For the sum of $87.00 48.00 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Founder Shares to the Subscriber, and the Subscriber hereby purchases the Founder Shares from the Company, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Founder Shares, or effect such delivery in book-entry form.

Appears in 1 contract

Samples: Subscription Agreement (N2 Acquisition Holdings Corp.)

AutoNDA by SimpleDocs

Purchase of Founder Shares. For the sum of $87.00 122.28 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Founder Shares to the Subscriber, and the Subscriber hereby purchases the Founder Shares from the Company, Company on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Founder Shares, or effect such delivery in book-entry form.

Appears in 1 contract

Samples: Subscription Agreement (EQ Health Acquisition Corp.)

Purchase of Founder Shares. For the sum of $87.00 25,000 (the “Purchase Price”), which the Company acknowledges receiving in cashcash for offering costs, the Company hereby sells and issues the Founder Shares to the Subscriber, and the Subscriber hereby purchases the Founder Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to shall effect delivery of the Subscriber a certificate shares registered in the Subscriber’s name representing the Founder Shares, or effect such delivery in book-entry form.

Appears in 1 contract

Samples: Securities Subscription Agreement (Liberty Media Acquisition Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!