Warrant Purchase Agreement. The Warrant Purchase Agreement has been duly authorized, executed and delivered by the Company and the Sponsor, and is a valid and binding agreement of the Company and the Sponsor, enforceable against the Company and the Sponsor in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
Warrant Purchase Agreement. The terms of the Purchase Agreement, as they relate to this Warrant, are incorporated by reference in this Warrant as fully as if the same were set forth herein.
Warrant Purchase Agreement. The Sponsor has executed and delivered a warrant purchase agreement, the form of which is filed as an exhibit to the Registration Statement (the “Sponsor Warrant Purchase Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Placement Warrants as provided for in the Sponsor Warrant Purchase Agreement. Pursuant to the Sponsor Warrant Purchase Agreement, (i) the Sponsor has waived any and all rights and claims each may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Placement Securities, and (ii) the proceeds from the sale of the Placement Securities will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date as provided for in the Sponsor Warrant Purchase Agreement and.
Warrant Purchase Agreement. The Company and the Founder Purchasers have entered into Warrant Purchase Agreements substantially in the form annexed as Exhibit 10.8 to the Registration Statement to purchase the Founders’ Warrants. Pursuant to the Warrant Purchase Agreements, the Founder Purchasers have placed the purchase price for the Founders’ Warrants in escrow prior to the date hereof. Simultaneously with the consummation of the Offering, such purchase price shall be deposited into the Trust Fund pursuant to the Trust Agreement.
Warrant Purchase Agreement. Win Wide and Surfmax II have executed and delivered an agreement, annexed as Exhibit 10.16 of the Registration Statement (the “Warrant Purchase Agreement”), pursuant to which Win Wide and Surfmax II have purchased an aggregate of 2,265,000 Insider Warrants in the Private Placement intended to be exempt from registration under the Act under Section 4(2) of the Act at a purchase price of $1.00 per Insider Warrant. Xxxxxx Xx, the Chief Executive Officer and President of the Company, Yanmei Xxx Xxxx, his spouse, and Xxxxxxxx Xx, a director of the Company, collectively own approximately sixty-seven percent (67%) of the outstanding securities of Win Wide and Xxxxxx Xx, individually, is the managing member of Surfmax II and owns all of the outstanding membership interests of Surfmax II. Win Wide, Surfmax II and the Company have delivered executed copies of the Warrant Purchase Agreement and Win Wide and Surfmax II have delivered the purchase price on or before the Effective Date. Pursuant to the Warrant Purchase Agreement, (i) the $2,265,000 of proceeds from the sale of the Insider Warrants has been deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on or prior to the Effective Date, and (ii) Win Wide and Surfmax II have waived any and all rights and claims that they may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Insider Warrants in the event that a Business Combination is not consummated and the Trust Account is liquidated in accordance with the terms of the Trust Agreement.
Warrant Purchase Agreement. The Company has entered into an agreement with certain of its officers and directors to purchase an aggregate of 458,333 warrants (“Founding Director Warrants”) from the Company for an aggregate purchase price of $550,000 (“Founding Director Warrant Purchase Agreement”) substantially in the form annexed as Exhibit 10.__ to the Registration Statement. The terms of the Founding Director Warrants shall be identical to the Warrants, however, the Founding Director Warrants shall be non-redeemable so long as such Founding Director Warrants are held by its initial purchasers or their permitted transferees. The Founding Director Warrants shall be purchased immediately prior to or simultaneously with the Closing of the Firm Units, and the proceeds thereof shall be deposited into the Trust Fund.
Warrant Purchase Agreement. The Administrative Agent shall have received a duly executed copy of the Warrant Purchase Agreement.
Warrant Purchase Agreement. The Warrant Purchase Agreement, executed and delivered by Fourth Third and Parent.
Warrant Purchase Agreement. Subject to the terms and conditions of this Agreement, on the Purchase Option Closing Date, Holdings and Dynavax shall enter into a warrant purchase agreement substantially in the form attached hereto as Exhibit 4 (the “Warrant Purchase Agreement”).
Warrant Purchase Agreement. Certain of the Existing Shareholders and the Company executed and delivered an agreement, substantially in the form annexed as Exhibit 10.6 of the Registration Statement (the “Warrant Purchase Agreement”), pursuant to which such persons, among other things, have purchased an aggregate of 1,500,000 warrants identical to the Warrants (the “Insider Warrants”) at a purchase price of $1.00 per Placement Warrant in a private placement intended to be exempt from registration under the Act under Section 4(2) of the Act (the “Private Placement”). Such Existing Shareholders and the Company have delivered executed copies of the Warrant Purchase Agreement and such Existing Shareholders have delivered the purchase price on or before the Effective Date. Pursuant to the Warrant Purchase Agreement, (i) $1,500,000 of the proceeds from the sale of the Insider Warrants will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on or prior to the Closing Date, and (ii) the purchasers of the Insider Warrants have waived any and all rights and claims that they may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Insider Warrants in the event that a Business Combination is not consummated and the Trust Account is liquidated in accordance with the terms of the Trust Agreement.
