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)
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 Subscriber has paid in settlement of an amount owed by the Company acknowledges receiving in cash for offering coststo a third party, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 225,000 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 (Hainan Manaslu Acquisition Corp.)
Subscription and Purchase of Shares. For the sum of US$25,000$173 (the “Purchase Price”), which the Subscriber has paid in settlement of an amount owed by the Company acknowledges receiving in cash for offering coststo a third party, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 225,000 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 (Global Lights Acquisition Corp)
Subscription and Purchase of Shares. For the sum of US$25,000$25,000 (the “Purchase Price”), which the Subscriber (or its affiliate or designee) has paid in settlement of an amount owed by the Company acknowledges receiving in cash for offering coststo a third party, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 281,250 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
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 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$25,000$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)