Common use of Sponsor Purchase Agreement Clause in Contracts

Sponsor Purchase Agreement. Sponsor has executed and delivered a Private Placement Warrants Purchase Agreement, the form of which is annexed as an exhibit to the Registration Statement (the “Sponsor Purchase Agreement”), pursuant to which Sponsor will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Placement Warrants to be sold to Sponsor described in Section 1.4.2. Pursuant to the Insider Letter, Sponsor has waived any and all rights and claims it may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Placement Warrants. Certain proceeds from the sale of the Placement Warrants will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date as provided for in the Sponsor Purchase Agreement.

Sponsor Purchase Agreement. The Company and the Sponsor has have executed and delivered a Private Placement Warrants Purchase Agreement, the form of which is annexed as an exhibit to the Registration Statement (the “Sponsor Purchase Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date, Date consummate the purchase of and deliver the purchase price for the Placement Warrants to be sold to the Sponsor described as provided in Section 1.4.2the Sponsor Purchase Agreement. Pursuant to the Insider Letter, the Sponsor has waived any and all rights and claims it may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Placement Warrants. Certain proceeds from the sale of the Placement Warrants will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date as provided for in the Sponsor Purchase Agreement.

Sponsor Purchase Agreement. The Sponsor has executed and delivered a Private Placement Warrants Unit Purchase Agreement, the form of which is annexed filed as an exhibit to the Registration Statement (the “Sponsor Purchase Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Placement Warrants to be sold to Units as provided for in such Sponsor described in Section 1.4.2Purchase Agreement. Pursuant to the Insider LetterSponsor Purchase Agreement, (i) the Sponsor has waived any and all rights and claims it each may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Placement Warrants. Certain Securities, and (ii) the proceeds from the sale of the Placement Warrants Securities will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date as provided for in the Sponsor Purchase Agreement.