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 Warrant Closing Date, Subscriber shall purchase from the Company, and the Company shall issue and sell to Subscriber, the number of Private Placement Warrants indicated on the signature page hereof, in consideration for Subscriber’s purchase price for such Private Placement Warrants indicated on the signature page hereof (the “Warrant 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, the number of Founder Shares indicated on the signature page hereof, in consideration for Subscriber’s purchase price for such Founder Shares indicated on the signature page hereof (the “Founder Shares Purchase Price” and, together with the Warrant Purchase Price, the “Purchase Price”), on the terms and conditions described herein. The number of Securities and the amount of the Purchase Price indicated on the signature page hereof may be increased or decreased pursuant to Section 1(f) hereof.

Appears in 1 contract

Samples: Agreement (DiamondHead Holdings Corp.)

AutoNDA by SimpleDocs

Subscription and Sale of the Securities. Subject to Section 1(f) hereof, (i) on the Warrant Units Closing Date, Subscriber shall purchase from the Company, and the Company shall issue and sell to Subscriber, the number of Private Placement Warrants Units indicated on the signature page hereof, in consideration for Subscriber’s purchase price for such Private Placement Warrants Units indicated on the signature page hereof (the “Warrant Units Purchase Price”), on the terms and subject to the conditions described herein, and (ii) on the Founder Shares Units Closing Date, Subscriber shall purchase from the SponsorCompany, and the Sponsor Company shall transfer and sell to Subscriber, the number of Founder Shares Units indicated on the signature page hereof, in consideration for Subscriber’s purchase price for such Founder Shares Units indicated on the signature page hereof (the “Founder Shares Units Purchase Price” and, together with the Warrant Units Purchase Price, the “Purchase Price”), on the terms and subject to the conditions described herein. The number of Securities and the amount of the Purchase Price indicated on the signature page hereof may be increased or decreased pursuant to Section 1(f) hereof.

Appears in 1 contract

Samples: Subscription Agreement (Alpha Partners Technology Merger Corp.)

Subscription and Sale of the Securities. Subject to Section 1(f) hereof, (i) on the Warrant Closing Date, the Subscriber shall purchase from the Company, and the Company shall issue and sell to the Subscriber, the number of Private Placement Warrants indicated on the signature page hereof, in consideration for the Subscriber’s purchase price for such Private Placement Warrants indicated on the signature page hereof (the “Warrant Purchase Price”), on the terms and conditions described herein, herein and (ii) on the Founder Shares Closing Date, the Subscriber shall purchase from the SponsorRxxxxxxx, and the Sponsor Rxxxxxxx shall transfer and sell to the Subscriber, the number of Founder Shares indicated on the signature page hereof, in consideration for the Subscriber’s purchase price for such Founder Shares indicated on the signature page hereof (the “Founder Shares Purchase Price” and, together with the Warrant Purchase Price, the “Purchase Price”), on the terms and conditions described herein. The number of Securities and the amount of the Purchase Price indicated on the signature page hereof may be increased or decreased pursuant to Section 1(f) hereof; provided, however, that if the actual number of Public Units offered and sold in the IPO is less than 35,000,000, then the Subscriber shall not be obligated to purchase the Securities and, at the Subscriber’s option, this Agreement shall terminate and be of no further force or effect.

Appears in 1 contract

Samples: Agreement (BowX Acquisition Corp.)

AutoNDA by SimpleDocs

Subscription and Sale of the Securities. Subject to Section 1(f) hereof, (i) on the Warrant Private Placement Closing Date, Subscriber shall purchase from the Company, and the Company shall issue and sell to Subscriber, the number of Private Placement Warrants Stock indicated on the signature page hereof, in consideration for Subscriber’s purchase price for such Private Placement Warrants Stock indicated on the signature page hereof (the “Warrant Private Placement Purchase Price”), on the terms and conditions described herein, and (ii) on the Founder Shares Closing Date, (A) Subscriber shall purchase from the SponsorCompany, and the Sponsor Company shall transfer and sell to Subscriber, the number of Founder Shares indicated on the signature page hereof, in consideration for Subscriber’s purchase price for such Founder Shares indicated on the signature page hereof (the “Founder Shares Purchase Price” and, together with the Warrant Private Placement Purchase Price, the “Purchase Price”)) and (B) the Sponsor shall forfeit to the Company for cancellation, for no consideration, and have no further right, title or interest in, an equal number of Founder Shares, on the terms and conditions described herein. The number of Securities and the amount of the Purchase Price indicated on the signature page hereof may be increased or decreased pursuant to Section 1(f) hereof.

Appears in 1 contract

Samples: Subscription Agreement (Innovatus Life Sciences Acquisition Corp.)

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