Common use of Sponsor Purchase Agreement Clause in Contracts

Sponsor Purchase Agreement. The Sponsor has executed and delivered a Private Placement 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 Shares to be sold to the Sponsor described in Section 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 Shares. Certain proceeds from the sale of the 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 has have executed and delivered a Private Placement Shares 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 Shares 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 SharesWarrants. Certain proceeds from the sale of the 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 (Date, if any) , as provided for in the Sponsor Purchase Agreement.