Common use of Terms of the Units Clause in Contracts

Terms of the Units. The Units shall be substantially identical to the units included in the units offered in the IPO, except the Units: (i) will be subject to the transfer restrictions described in the Letter Agreement among the Company, its officers and directors, GEH Capital Inc. and the Sponsor, (ii) are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after certain conditions are met or the resale of the Units is registered under the Securities Act, (iii) the warrants comprising the Units will be non-redeemable so long as they are held by the Sponsor or any of its permitted transferees and (iv) the Warrants comprising the Units are exercisable for cash or on a “cashless” basis if held by the Sponsor or any of its permitted transferees.

Appears in 2 contracts

Samples: Securities Purchase Option Agreement (ROI Acquisition Corp.), Securities Purchase Option Agreement (ROI Acquisition Corp.)

AutoNDA by SimpleDocs

Terms of the Units. The Units shall be substantially identical to the units included in the units offered in the IPO, except the Units: (i) will be subject to the transfer restrictions described in the Letter Agreement among the Company, its officers and directors, GEH Capital Inc. and the SponsorROIC Acquisition Holdings LP, (ii) are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after certain conditions are met or the resale of the Units is registered under the Securities Act, (iii) the warrants comprising the Units will be non-redeemable so long as they are held by the Sponsor Bxxxxxx or any of its his permitted transferees and (iv) the Warrants warrants comprising the Units are exercisable for cash or on a “cashless” basis if held by the Sponsor Bxxxxxx or any of its his permitted transferees.

Appears in 2 contracts

Samples: Unit Purchase Agreement (ROI Acquisition Corp.), Unit Purchase Agreement (ROI Acquisition Corp.)

AutoNDA by SimpleDocs

Terms of the Units. The Units shall be substantially identical to the units included in the units offered in the IPO, except the Units: (i) will be subject to the transfer restrictions described in the Letter Agreement among the Company, its officers and directors, GEH Capital Inc. and the SponsorROIC Acquisition Holdings LP, (ii) are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after certain conditions are met or the resale of the Units is registered under the Securities Act, (iii) the warrants comprising the Units will be non-redeemable so long as they are held by the Sponsor Xxxxxxx or any of its his permitted transferees and (iv) the Warrants comprising the Units are exercisable for cash or on a “cashless” basis if held by the Sponsor Xxxxxxx or any of its his permitted transferees.

Appears in 1 contract

Samples: Unit Purchase Agreement (ROI Acquisition Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!