Common use of Subscription and Purchase of Shares Clause in Contracts

Subscription and Purchase of Shares. For the sum of US$25,000, which the Company acknowledges receiving in cash for offering costs, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 3 contracts

Samples: Securities Subscription Agreement (EVe Mobility Acquisition Corp), Securities Subscription Agreement (Coliseum Acquisition Corp.), Securities Subscription Agreement (Noble Rock Acquisition Corp)

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Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 375,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 3 contracts

Samples: Securities Subscription Agreement (Dragoneer Growth Opportunities Corp. III), Securities Subscription Agreement (Altimeter Growth Corp. 2), Securities Subscription Agreement (Dragoneer Growth Opportunities Corp. II)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costscash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,125,000 of which are subject to forfeituresurrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

Appears in 3 contracts

Samples: Securities Subscription Agreement (Lamar Partnering Corp), Securities Subscription Agreement (Acies Acquisition Corp.), Securities Subscription Agreement (Acies Acquisition Corp.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 375,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 2 contracts

Samples: Securities Subscription Agreement (European Biotech Acquisition Corp.), Securities Subscription Agreement (Turmeric Acquisition Corp.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 2 contracts

Samples: Securities Subscription Agreement (Global Partner Acquisition Corp II), Securities Subscription Agreement (Empower Ltd.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costscash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,406,250 of which are subject to forfeituresurrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law. The Subscriber hereby surrenders for no consideration the one Class B ordinary share transferred to it at the time of the incorporation of the Company.

Appears in 2 contracts

Samples: Securities Subscription Agreement (Trebia Acquisition Corp.), Securities Subscription Agreement (Trebia Acquisition Corp.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costsfrom or on behalf of the Subscriber, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,125,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 2 contracts

Samples: Securities Subscription Agreement (Waverley Capital Acquisition Corp. 1), Securities Subscription Agreement (Altimar Acquisition Corp. II)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costscash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to forfeituresurrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

Appears in 2 contracts

Samples: Securities Subscription Agreement (Victory Acquisition Corp.), Securities Subscription Agreement (Acies Acquisition Corp. II)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 2,250,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 2 contracts

Samples: Securities Subscription Agreement (Altimeter Growth Corp.), Securities Subscription Agreement (Dragoneer Growth Opportunities Corp.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,250,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 2 contracts

Samples: Securities Subscription Agreement (TCV Acquisition Corp.), Securities Subscription Agreement (TCV Acquisition Corp.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,125,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (B Capital Technology Opportunities Corp.)

Subscription and Purchase of Shares. For the sum of US$25,00025,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costsfrom or on behalf of the Subscriber, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Soar Technology Acquisition Corp.)

Subscription and Purchase of Shares. 1.1. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costscash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases, the Shares from the Company, subject to forfeiturethe forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Ares Acquisition Corp)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costsfrom or on behalf of the Subscriber, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 750,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Hunt Companies Acquisition Corp. I)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 750,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (DP Cap Acquisition Corp I)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 750,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Biotech Acquisition Co)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costsfrom or on behalf of the Subscriber, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 468,750 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Altimar Acquisition Corp. III)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 843,750 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Global Technology Acquisition Corp. I)

Subscription and Purchase of Shares. For the sum of US$25,00025,000 (the “Purchase Price”), which the Company acknowledges receiving in cash has been remitted at the Company’s direction for offering costs, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 375,000 of which are subject to forfeituresurrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (CC Neuberger Principal Holdings II)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costscash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases, the Shares from the Company, subject to forfeiturethe forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Ares Acquisition Corp II)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of an kind capital contribution, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to forfeituresurrender, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Sculptor Acquisition Corp I)

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Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,250,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Altimar Acquisition Corp.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costscash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,500,000 of which are subject to forfeituresurrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (AEA-Bridges Impact Corp.)

Subscription and Purchase of Shares. For the sum of US$25,00025,000 (the “Purchase Price”), which the Company acknowledges receiving in cash has been remitted at the Company’s direction for offering costs, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 2,250,000 of which are subject to forfeituresurrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (CC Neuberger Principal Holdings III)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of an kind capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to forfeituresurrender, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (SPGL Acquisition Corp)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Velocity Merger Corp.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costsfrom or on behalf of the Subscriber, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Andretti Acquisition Corp.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering coststhe form of a capital contribution, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,500,000 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Marlin Technology Corp.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costsfrom or on behalf of the Subscriber, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,312,500 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Aperture Acquisition Corp)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costscash, the Company hereby allots and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 187,500 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Pomona Acquisition LTD)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costscash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name update its Register of the Subscriber on the register of members of the CompanyMembers accordingly. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Ads-Tec Energy Public LTD Co)

Subscription and Purchase of Shares. For the sum of US$25,00025,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costsfrom or on behalf of the Subscriber, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,593,750 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (Trine II Acquisition Corp.)

Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash for offering costscash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (HCM Acquisition Corp)

Subscription and Purchase of Shares. For the sum of US$25,000, which $25,000 (the Company acknowledges receiving in cash for offering costs“Purchase Price”), the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, up to which 700,000 Class B Shares and 1,050,000 Class C Shares are subject to forfeituresurrender and cancellation, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares shares of the Company being forfeited surrendered and canceled shall take effect as surrenders and cancellations for no consideration of such shares as a matter of Cayman Islands law.

Appears in 1 contract

Samples: Securities Subscription Agreement (1.12 Acquisition Corp)

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