Subscription of Shares. For the sum of $25,000, which the Company acknowledges receiving in cash, 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 effect the delivery of the Shares in book-entry form.
Appears in 12 contracts
Samples: Securities Subscription Agreement (OmniLit Acquisition Corp.), Arbor Rapha Capital Bioholdings Corp. I, Banyan Acquisition Corp
Subscription of Shares. For the sum of $25,000, which the Company acknowledges receiving in cash, 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 effect the delivery of register the Shares in book-entry formthe name of the Subscriber on the register of members of the Company.
Appears in 8 contracts
Samples: Securities Subscription Agreement (Games & Esports Experience Acquisition Corp.), Bullpen Parlay Acquisition Co, Blue Ocean Acquisition Corp