Common use of Subscription and Sale of the Securities Clause in Contracts

Subscription and Sale of the Securities. Subject to Section 1(f) hereof, (i) on the Unit Closing Date, Subscriber shall purchase from the Company, and the Company shall issue and sell to Subscriber, 960,000 Private Placement Units, in consideration for Subscriber’s purchase price for such Private Placement Units of $9,600,000 (the “Unit Purchase Price”), on the terms and conditions described herein, and (ii) on the Founder Shares Closing Date, Subscriber shall purchase from the Sponsor, and the Sponsor shall transfer and sell to Subscriber, 3,840,000 Founder Shares, in consideration for Subscriber’s purchase price for such Founder Shares of $4,684.80 (the “Founder Shares Purchase Price” and, together with the Unit Purchase Price, the “Purchase Price”), on the terms and conditions described herein. The number of Securities and the amount of the Purchase Price may be increased or decreased pursuant to Section 1(f) hereof.

Appears in 1 contract

Samples: Purchase Agreement (FTAC Hera Acquisition Corp.)

AutoNDA by SimpleDocs

Subscription and Sale of the Securities. Subject to Section 1(f) hereof, (i) on the Unit Closing Date, Subscriber shall purchase from the Company, and the Company shall issue and sell to Subscriber, 960,000 230,000 Private Placement Units, in consideration for Subscriber’s purchase price for such Private Placement Units of $9,600,000 2,300,000 (the “Unit Purchase Price”), on the terms and conditions described herein, and (ii) on the Founder Shares Closing Date, Subscriber shall purchase from the Sponsor, and the Sponsor shall transfer and sell to Subscriber, 3,840,000 920,000 Founder Shares, in consideration for Subscriber’s purchase price for such Founder Shares of $4,684.80 2,658 (the “Founder Shares Purchase Price” and, together with the Unit Purchase Price, the “Purchase Price”), on the terms and conditions described herein. The number of Securities and the amount of the Purchase Price may be increased or decreased pursuant to Section 1(f) hereof.

Appears in 1 contract

Samples: Purchase Agreement (Fintech Acquisition Corp Vi)

Subscription and Sale of the Securities. Subject to Section 1(f) hereof, (i) on the Unit Closing Date, Subscriber shall purchase from the Company, and the Company shall issue and sell to Subscriber, 960,000 900,000 Private Placement Units, in consideration for Subscriber’s purchase price for such Private Placement Units of $9,600,000 9,000,000 (the “Unit Purchase Price”), on the terms and conditions described herein, and (ii) on the Founder Shares Closing Date, Subscriber shall purchase from the Sponsor, and the Sponsor shall transfer and sell to Subscriber, 3,840,000 3,600,000 Founder Shares, in consideration for Subscriber’s purchase price for such Founder Shares of $4,684.80 [0.005] (the “Founder Shares Purchase Price” and, together with the Unit Purchase Price, the “Purchase Price”), on the terms and conditions described herein. The number of Securities and the amount of the Purchase Price may be increased or decreased pursuant to Section 1(f) hereof.

Appears in 1 contract

Samples: Purchase Agreement (FTAC Hera Acquisition Corp.)

Subscription and Sale of the Securities. Subject to Section 1(f) hereof, (i) on the Unit Closing Date, Subscriber shall purchase from the Company, and the Company shall issue and sell to Subscriber, 960,000 345,000 Private Placement Units, in consideration for Subscriber’s purchase price for such Private Placement Units of $9,600,000 3,450,000 (the “Unit Purchase Price”), on the terms and conditions described herein, and (ii) on the Founder Shares Closing Date, Subscriber shall purchase from the Sponsor, and the Sponsor shall transfer and sell to Subscriber, 3,840,000 1,380,000 Founder Shares, in consideration for Subscriber’s purchase price for such Founder Shares of $4,684.80 [3,983]1 (the “Founder Shares Purchase Price” and, together with the Unit Purchase Price, the “Purchase Price”), on the terms and conditions described herein. The number of Securities and the amount of the Purchase Price may be increased or decreased pursuant to Section 1(f) hereof. 1 NTD: Amounts to approximately $0.00289/per share.

Appears in 1 contract

Samples: Purchase Agreement (FTAC Parnassus Acquisition Corp.)

AutoNDA by SimpleDocs

Subscription and Sale of the Securities. Subject to Section 1(f) hereof, (i) on the Unit Closing Date, Subscriber shall purchase from the Company, and the Company shall issue and sell to Subscriber, 960,000 345,000 Private Placement Units, in consideration for Subscriber’s purchase price for such Private Placement Units of $9,600,000 3,450,000 (the “Unit Purchase Price”), on the terms and conditions described herein, and (ii) on the Founder Shares Closing Date, Subscriber shall purchase from the Sponsor, and the Sponsor shall transfer and sell to Subscriber, 3,840,000 1,380,000 Founder Shares, in consideration for Subscriber’s purchase price for such Founder Shares of $4,684.80 4,140 (the “Founder Shares Purchase Price” and, together with the Unit Purchase Price, the “Purchase Price”), on the terms and conditions described herein. The number of Securities and the amount of the Purchase Price may be increased or decreased pursuant to Section 1(f) hereof.

Appears in 1 contract

Samples: Purchase Agreement (FTAC Parnassus Acquisition Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.