Common use of Underwriters Purchase Option Clause in Contracts

Underwriters Purchase Option. The Company hereby agrees to issue and sell to the Underwriter (and/or its designees) on the Closing Date an option (“Underwriter’s Purchase Option”) to purchase up to an aggregate of 175,000 units (the “Underwriter’s Units”) for an aggregate purchase price of $100.00. The Underwriter’s Purchase Option shall be exercisable whether for cash or on a cashless basis, in whole or in part, commencing on the later of the consummation of a Business Combination (but in no event will the Underwriter’s Purchase Option expire more than five years from the Effective Date) or one year from the Effective Date and expiring on the three-year anniversary of the consummation of a Business Combination at an initial exercise price per Underwriter’s Unit of $6.60, which is equal to one hundred ten percent (110%) of the initial public offering price of a Unit. Delivery and payment for the Underwriter’s Purchase Option shall be made on the Closing Date. On the Closing Date, the Company shall deliver to the Underwriter, upon payment therefor, the Underwriter’s Purchase Option in the name or names and in such denominations as the Underwriter may request. The Underwriter’s Purchase Option, the Underwriter’s Units, the Subunits (the “Underwriter’s Subunits”), the Ordinary Shares (the “Underwriter’s Shares”) and the Warrants (the “Underwriter’s Warrants”) included in the Underwriter’s Units and the Ordinary Shares issuable upon exercise of the Underwriter’s Warrants are hereinafter referred to collectively as the “Underwriter’s Securities.” The Public Securities and the Underwriter’s Securities are hereinafter referred to collectively as the “Securities.”

Underwriters Purchase Option. The Company hereby agrees to issue and sell to the Underwriter (and/or its designees) on the Closing Date Date, for an aggregate purchase price of $100.00, an option (“Underwriter’s Purchase Option”) to purchase up to an aggregate of 175,000 units 400,000 Units (the “Underwriter’s Units”) for an aggregate purchase price of $100.00). The Underwriter’s Purchase Option shall be exercisable whether for cash or on a cashless basis, in whole or in part, commencing on the later of the consummation of a the Company’s initial Business Combination (but in no event will the Underwriter’s Purchase Option expire more than five years from the Effective Date) or one year from the Effective Date and expiring on the threefive-year anniversary of the consummation of a Business Combination Effective Date at an initial exercise price per Underwriter’s Unit of $6.6010.00, which is equal to one hundred ten percent (110100%) of the initial public offering price of a per Unit. Delivery and payment for the Underwriter’s Purchase Option shall be made on the Closing Date. On the Closing Date, the Company shall deliver to the Underwriter, upon payment therefor, certificates for the Underwriter’s Purchase Option in the name or names and in such denominations as the Underwriter may request. The Underwriter’s Purchase Option, the Underwriter’s Units, the Subunits (shares of Common Stock included in the “Underwriter’s Subunits”)Units, the Ordinary Shares (Warrants included in the “Underwriter’s Shares”) and the Warrants Units (the “Underwriter’s Warrants”) included in the Underwriter’s Units and the Ordinary Shares shares of Common Stock issuable upon exercise of the Underwriter’s Warrants are hereinafter referred to collectively as the “Underwriter’s Securities.” The Public Securities Delivery and payment for the Underwriter’s Securities are hereinafter referred to collectively as Purchase Option shall be made on the “SecuritiesClosing Date.”

Underwriters Purchase Option. The Company hereby agrees to issue and sell to the Underwriter (and/or its designees) on the Closing Date an option (“Underwriter’s Purchase Option”) to purchase up to an aggregate of 175,000 units (the “Underwriter’s Units”) for an aggregate purchase price of $100.00. The Underwriter’s Purchase Option shall be exercisable whether for cash or on a cashless basis, in whole or in part, commencing on the later of the consummation of a Business Combination (but in no event will the Underwriter’s Purchase Option expire more than five years from the Effective Date) or one year from the Effective Date and expiring on the three-year anniversary of the consummation of a Business Combination (but in no event will the Underwriter’s Purchase Option expire more than five years from the Effective Date) at an initial exercise price per Underwriter’s Unit of $6.60, which is equal to one hundred ten percent (110%) of the initial public offering price of a Unit. Delivery and payment for the Underwriter’s Purchase Option shall be made on the Closing Date. On the Closing Date, the Company shall deliver to the Underwriter, upon payment therefor, the Underwriter’s Purchase Option in the name or names and in such denominations as the Underwriter may request. The Underwriter’s Purchase Option, the Underwriter’s Units, the Subunits (the “Underwriter’s Subunits”), the Ordinary Shares (the “Underwriter’s Shares”) and the Warrants (the “Underwriter’s Warrants”) included in the Underwriter’s Units and the Ordinary Shares issuable upon exercise of the Underwriter’s Warrants are hereinafter referred to collectively as the “Underwriter’s Securities.” The Public Securities and the Underwriter’s Securities are hereinafter referred to collectively as the “Securities.”

Underwriters Purchase Option. The Company hereby agrees to issue and sell to the Underwriter (and/or its designees) on the Closing Date an option (“Underwriter’s Purchase Option”) to purchase up to an aggregate of 175,000 units (the “Underwriter’s Units”) for an aggregate purchase price of $100.00. The Underwriter’s Purchase Option shall be exercisable whether for cash or on a cashless basis, in whole or in part, commencing on the later of the consummation of a Business Combination (but in no event will the Underwriter’s Purchase Option expire more than five years from the Effective Date) or one year from the Effective Date and expiring on the threefive-year anniversary of the consummation of a Business Combination Effective Date at an initial exercise price per Underwriter’s Unit of $6.60, which is equal to one hundred ten percent (110%) of the initial public offering price of a Unit. Delivery and payment for the Underwriter’s Purchase Option shall be made on the Closing Date. .On the Closing Date, the Company shall deliver to the Underwriter, upon payment therefor, the Underwriter’s Purchase Option in the name or names and in such denominations as the Underwriter may request. The Underwriter’s Purchase Option, the Underwriter’s Units, the Subunits (the “Underwriter’s Subunits”), the Ordinary Shares (the “Underwriter’s Shares”) and the Warrants (the “Underwriter’s Warrants”) included in the Underwriter’s Units and the Ordinary Shares issuable upon exercise of the Underwriter’s Warrants are hereinafter referred to collectively as the “Underwriter’s Securities.” The Public Securities and the Underwriter’s Securities are hereinafter referred to collectively as the “Securities.”

Underwriters Purchase Option. The Company hereby agrees to issue and sell to the Underwriter (and/or its designees) on the Closing Date an option (“Underwriter’s Purchase Option”) to purchase up to an aggregate of 175,000 units (the “Underwriter’s Units”) for an aggregate purchase price of $100.00. The Underwriter’s Purchase Option shall be exercisable whether for cash or on a cashless basis, in whole or in part, commencing on the later of the consummation of a Business Combination (but in no event will the Underwriter’s Purchase Option expire more than five years from the Effective Date) or one year from the Effective Date and expiring on the three-year anniversary of the consummation of a Business Combination at an initial exercise price per Underwriter’s Unit of $6.60, which is equal to one hundred ten percent (110%) of the initial public offering price of a Unit. Delivery and payment for the Underwriter’s Purchase Option shall be made on the Closing Date. On the Closing Date, the Company shall deliver to the Underwriter, upon payment therefor, the Underwriter’s Purchase Option in the name or names and in such denominations as the Underwriter may request. The Underwriter’s Purchase Option, the Underwriter’s Units, the Subunits (the “Underwriter’s Subunits”), the Ordinary Shares (the “Underwriter’s Shares”) and the Warrants (the “Underwriter’s Warrants”) included in the Underwriter’s Units and the Ordinary Shares issuable upon exercise of the Underwriter’s Warrants are hereinafter referred to collectively as the “Underwriter’s Securities.” The Public Securities and the Underwriter’s Securities are hereinafter referred to collectively as the “Securities.”