Common use of Purchase of the Units Clause in Contracts

Purchase of the Units. (a) The Company agrees to issue and sell the Underwritten Units to the several Underwriters as provided in this Agreement, and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase at a price per Unit of $9.80 (the “Purchase Price”) from the Company the respective number of Underwritten Units set forth opposite such Underwriter’s name in Schedule 1 hereto; provided that the purchase price for any Underwritten Units that are Anchor Investor Units shall be $10.00. The number of Anchor Investor Units to be purchased by each Underwriter shall be based upon the same percentage of the total number of the Anchor Investor Units to be purchased by the several Underwriters as such Underwriter is purchasing of the aggregate Underwritten Units, subject to such adjustments as the Representatives in their absolute discretion shall make to eliminate any fractional Anchor Investor Units. “Anchor Investor Units” shall mean the 1,500,000 Underwritten Units to be purchased by [•].

Purchase of the Units. (a) The Company agrees to issue and sell the Underwritten Units to the several Underwriters as provided in this Agreement, and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase at a price per Unit of $9.80 (the “Purchase Price”) from the Company the respective number of Underwritten Units set forth opposite such Underwriter’s name in Schedule 1 hereto; provided that the purchase price for any Underwritten Units that are Anchor Investor Units shall be $10.00. The number of Anchor Investor Units to be purchased by each Underwriter shall be based upon the same percentage of the total number of the Anchor Investor Units to be purchased by the several Underwriters as such Underwriter is purchasing of the aggregate Underwritten Units, subject to such adjustments as the Representatives in their absolute discretion shall make to eliminate any fractional Anchor Investor Units. “Anchor Investor Units” shall mean the 1,500,000 2,000,000 Underwritten Units to be purchased by [•]certain qualified institutional buyers and institutional accredited investors affiliated with the Sponsor.