Common use of Sponsor Units Purchase Agreement Clause in Contracts

Sponsor Units Purchase Agreement. The Company has executed and delivered to the Sponsor a certain sponsor units purchase agreement, respectively, the form of which is filed as an exhibit to the Registration Statement (collectively, the “Sponsor Units Purchase Agreement”), pursuant to which: (i) the Sponsor, among other things, agreed to purchase an aggregate of 465,000 Placement Units in the Private Placement (and up to a maximum of 45,000 Additional Placement Units in the Additional Private Placement if the Over-allotment Option is exercised in full). All of the proceeds from the sale of the Placement Units and Additional Placement Units, if any, will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement prior to the Closing.

Sponsor Units Purchase Agreement. The Company has executed and delivered to the Sponsor a certain sponsor units purchase agreement, respectively, the form of which is filed as an exhibit to the Registration Statement (collectively, the “Sponsor Units Purchase Agreement”), pursuant to which: (i) which the Sponsor, among other things, agreed to purchase an aggregate of 465,000 Placement Units in the Private Placement (and up to a maximum of 45,000 Additional Placement Units in the Additional Private Placement if the Over-allotment Option is exercised in full). All of the proceeds from the sale of the Placement Units and Additional Placement Units, if any, will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement prior to the Closing.