Common use of Sponsor Purchase Agreement Clause in Contracts

Sponsor Purchase Agreement. The Company and the Sponsor have executed and delivered a Unit and Restricted Private Placement Share 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 consummate the purchase of and deliver the purchase price for the Placement Units and Restricted Private Placement Shares to be sold to the Sponsor as provided in the 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 Units. Certain proceeds from the sale of the Placement Units and Restricted Private Placement Shares 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 have has executed and delivered a Unit and Restricted Private Placement Share Shares 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 and on the Option Closing Date, if any, consummate the purchase of and deliver the purchase price for the Placement Units and Restricted Private Placement Shares to be sold to the Sponsor as provided described in the Sponsor Purchase AgreementSection 1.4.2. 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 UnitsShares. Certain proceeds from the sale of the Placement Units and Restricted Private Placement Shares will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date and the Option Closing Date (if any) as provided for in the Sponsor Purchase Agreement.

Sponsor Purchase Agreement. The Company and the Sponsor have executed and delivered a Unit and Restricted Private Placement Share 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 and on the Option Closing Date, if any, consummate the purchase of and deliver the purchase price for the Placement Units and Restricted Private Placement Shares Warrants to be sold to the Sponsor as provided in the 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 UnitsWarrants. Certain proceeds from the sale of the Placement Units and Restricted Private Placement Shares Warrants will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date and on the Option Closing Date, if any, as provided for in the Sponsor Purchase Agreement.