Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 24 contracts
Samples: Securities Subscription Agreement (Vector Acquisition Corp IV), Securities Subscription Agreement (ESGEN Acquisition Corp), Securities Subscription Agreement (Generation Asia I Acquisition LTD)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,125,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 14 contracts
Samples: Securities Subscription Agreement (Sound Point Acquisition Corp I, LTD), Securities Subscription Agreement (Sound Point Acquisition Corp I, LTD), Securities Subscription Agreement (Ross Acquisition Corp II)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,875,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 9 contracts
Samples: Securities Subscription Agreement (Horizon Acquisition Corp III), Securities Subscription Agreement (Cerberus Telecom Acquisition Corp. II), Securities Subscription Agreement (MSD Acquisition Corp. / New)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to surrender and cancellationforfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled forfeited shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 8 contracts
Samples: Securities Subscription Agreement (New Frontier Corp), Securities Subscription Agreement (One Madison Corp), Securities Subscription Agreement (GTY Technology Holdings Inc.)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 750,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 8 contracts
Samples: Securities Subscription Agreement (Constitution Acquisition Corp.), Securities Subscription Agreement (Infinite Acquisition Corp.), Securities Subscription Agreement (Jaguar Global Growth Corp I)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,500,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 5 contracts
Samples: Securities Subscription Agreement (Iconic Sports Acquisition Corp.), Securities Subscription Agreement (Vector Acquisition Corp II), Securities Subscription Agreement (Independence Holdings Corp.)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 562,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 4 contracts
Samples: Securities Subscription Agreement (ABG Acquisition Corp. I), Securities Subscription Agreement (HealthCor Catalio Acquisition Corp.), Securities Subscription Agreement (Oaktree Acquisition Corp.)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,125,000 of which are subject to surrender and cancellationforfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled forfeited shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 4 contracts
Samples: Securities Subscription Agreement (SK Growth Opportunities Corp), Securities Subscription Agreement (Gobi Acquisition Corp.), Securities Subscription Agreement (Artisan Acquisition Corp.)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cashhas been remitted at the Company’s direction for offering costs, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,125,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 4 contracts
Samples: Securities Subscription Agreement (Fortress Capital Acquisition Corp), Securities Subscription Agreement (Jack Creek Investment Corp.), Securities Subscription Agreement (Fortress Capital Acquisition Corp)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to surrender and cancellationforfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled forfeited shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 3 contracts
Samples: Securities Subscription Agreement (Catcha Investment Corp 2.0), Securities Subscription Agreement (Anthropos Capital Corp), Securities Subscription Agreement (C&W Acquisition Corp.)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 468,750 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 3 contracts
Samples: Securities Subscription Agreement (BCLS Acquisition Corp.), Securities Subscription Agreement (ARYA Sciences Acquisition Corp III), Securities Subscription Agreement (ARYA Sciences Acquisition Corp II)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. The Shares will be uncertificated and shall be registered on the Company’s register of members. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 3 contracts
Samples: Securities Subscription Agreement (Kensington Capital Acquisition Corp. IV), Securities Subscription Agreement (Kensington Capital Acquisition Corp. V), Securities Subscription Agreement (Kensington Capital Acquisition Corp. V)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,312,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 3 contracts
Samples: Securities Subscription Agreement (Tailwind Two Acquisition Corp.), Securities Subscription Agreement (Pioneer Merger Corp.), Securities Subscription Agreement (Investindustrial Acquisition Corp.)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 281,250 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Perceptive Capital Solutions Corp), Securities Subscription Agreement (Perceptive Capital Solutions Corp)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”)25,000, which the Company acknowledges receiving in cashhas been remitted at the Company’s direction for offering costs, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 562,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Deep Lake Capital Acquisition Corp.), Securities Subscription Agreement (Deep Lake Capital Acquisition Corp.)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cashfrom or on behalf of the Subscriber, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 896,103 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 2 contracts
Samples: Subscription Agreement (Spark I Acquisition Corp), Subscription Agreement (Spark I Acquisition Corp)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which you have paid to cover certain expenses on the Company acknowledges receiving in cashCompany’s behalf, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,218,750 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Oaktree Acquisition Corp. III), Securities Subscription Agreement (Oaktree Acquisition Corp. III)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,125,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled cancelled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Peridot Acquisition Corp. III), Securities Subscription Agreement (Peridot Acquisition Corp. III)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,031,250 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Arctos Northstar Acquisition Corp.), Securities Subscription Agreement (Pathfinder Acquisition Corp)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”)25,000, which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Swiftmerge Acquisition Corp.), Securities Subscription Agreement (L Catterton Asia Acquisition Corp)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 487,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 2 contracts
Samples: Securities Subscription Agreement (ARYA Sciences Acquisition Corp V), Securities Subscription Agreement (ARYA Sciences Acquisition Corp IV)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 806,250 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (LTV Capital Partners I)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 656,250 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (Corner Growth Acquisition Corp. 2)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,406,250 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Purchase of Shares. For the sum of $25,000 (the “"Purchase Price”"), which the Company acknowledges receiving in cash, the Company hereby issues agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 656,250 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (Oaktree Acquisition Corp. III Life Sciences)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (Blockchain Coinvestors Acquisition Corp. I)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 1,687,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (Corner Growth Acquisition Corp. 3)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 187,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 2,625,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (Bluescape Opportunities Acquisition Corp.)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 843,750 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (Oaktree Acquisition Corp. II)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 468,750 of which are subject to surrender and cancellationforfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled forfeited shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (Arya Sciences Acquisition Corp.)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues and sells the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to surrender and cancellationforfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled forfeited shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 2,531,250 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (H.I.G. Acquisition Corp.)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”)25,000, which the Company acknowledges receiving in cashhas been remitted at the Company’s direction for offering costs, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 750,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (Avista Public Acquisition Corp. II)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 375,000 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (CC Neuberger Principal Holdings I)
Purchase of Shares. For the sum of $25,000 0.35 per share (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the SubscriberSubscribers, and the Subscriber Subscribers hereby subscribes subscribe for and purchases the Shares from the Company, 937,500 29,575 of which are subject to surrender and cancellationcancellation in the aggregate, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (ESGEN Acquisition Corp)
Purchase of Shares. For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, up to 937,500 of which are subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled cancelled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Securities Subscription Agreement (Green Visor Financial Technology Acquisition Corp I)
Purchase of Shares. For the sum of $US$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are 656,250 subject to surrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.
Appears in 1 contract
Samples: Founder Shares Subscription Agreement (InFinT Acquisition Corp)