Extension Units shall have the meaning given in the Recitals hereto.
Extension Units means the Units issued to Holders as a result of the conversion of loans made by the Holders or their designees to the Company to extend the period of time of the Company has to consummate a Business Combination.
Extension Units means the units, each unit consisting of one share of SPAC Common Stock, one warrant, each whole warrant exercisable to purchase one share of SPAC Common Stock, and one right, each to receive one-sixth (1/6) of one share of SPAC Common Stock upon the consummation of the Business Combination, that may be issued, at the option of the lender, at a conversion price of $10.00 per unit, upon the conversion of up to $1,500,000 of loans made to the SPAC by the Sponsor or its affiliates or designees to extend the period of time the SPAC has to consummate a Business Combination.
Examples of Extension Units in a sentence
Pyxis Tankers covenants to Pyxis Holdings as follows, which covenants are for the benefit of Pyxis Holdings and its permitted assignees.
In Section 13, pages [46-51] of the PDS are amended as follows, with respect to the Extension Units only.
References to Initial Averaging Dates in the PDS are removed and replaced with references to an Extension Initial Reference Asset Value of 100, with respect to the Extension Units only.
Regional Offices, District Offices and Provincial Extension Units.
This CMP will enhance the ability of CMS and DMAHS to detect F&A by matching claims data, eligibility, and practitioner, provider, and supplier enrollment records of Medicare beneficiaries, practitioners, providers, and suppliers in the State of New Jersey against records of New Jersey Medicaid beneficiaries, practitioners, providers, and suppliers in the State of New Jersey.
More Definitions of Extension Units
Extension Units means the Units issued by the Issuer to an Investor who elects to extend their Maturity Date on the attached Election Form (Application Form) and which are subject to the revised Terms set out in this SPDS.
Extension Units means private units issuable upon conversion of extension loans, at $10.00 per unit, upon the consummation of a Business Combination; (iii) “Insiders” shall mean all officers, directors and shareholders of the Company immediately prior to the IPO; (iv) “Insider Shares” shall mean 1,725,000 Ordinary Shares of the Company acquired by an Insider prior to the IPO (up to 225,000 shares of which are subject to complete or partial forfeiture by the Insiders if the over-allotment option is not exercised by the Underwriters) for an aggregate purchase price of $25,000 and any Ordinary Shares underlying the Private Units (the “Private Shares”); (v) “IPO Shares” shall mean the Ordinary Shares to be issued in the Company’s IPO; (vi) “Private Units” shall mean (x) the Units purchased by the Sponsor in the private placement taking place simultaneously with the consummation of the Company’s IPO and (y) the additional Units that may be purchased by the Sponsor in connection with the exercise of the over-allotment option by the Underwriters in the IPO as described in the Registration Statement; (vii) “Registration Statement” means the registration statement on Form S-1 filed by the Company with respect to the IPO; (viii) “Sponsor” shall mean Horizon Space Acquisition II Sponsor Corp., a Cayman Islands business company; (ix) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited; (x) “Working Capital Units” shall mean private units issuable upon conversion of working capital loans up to $2,500,000, at $10.00 per unit, upon the consummation of a Business Combination; and (xi) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the SEC promulgated thereunder with any respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b...
Extension Units means private units issuable upon conversion of extension loans in the event that the Company extends the period that it must complete its initial business combination, at $10.00 per unit, upon the consummation of a Business Combination.
Extension Units mean up to 330,000 units (or up to 379,500 units to the extent that the over-allotment option in connection with the Company’s initial public offering is exercised) issuable upon conversion of loans from the Sponsor (or their designees or affiliates) to the Company for the purpose of extending the period of time during which the Company has to complete its initial Business Combination in accordance with its Amended and Restated Certificate of Incorporation, with the Extension Units being identical to the Working Capital Units.
Extension Units means an aggregate of up to 225,000 extension units which may be purchased separately by our Sponsor or its designee in the event we are unable to consummate our initial business combination within 16 months of the consummation of our IPO.
Extension Units means up to 227,700 units (or 247,500 units if the Underwriters’ over-allotment option is exercised in full) identical to the Private Placement Units that may be issued upon conversion of extension loans by the Sponsor or its affiliates or designees to the Trust Account to extend the period of time to consummate a Business Combination by an additional six months (for a total of up to 18 months to complete a Business Combination) as set forth in the Charter; (v) “Extension Shares” shall mean the shares of Common Stock comprising a part of the Extension Units; (vi) “Extension Warrants” shall mean the warrants comprising a part of the Extension Units; (vii) “Founder Shares” shall mean the 3,125,000 shares of the Company’s Class B common stock, par value $0.0001 per share, (up to 250,000 Shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment option is not exercised by the Underwriters) outstanding immediately prior to the consummation of the Public Offering; (viii) “Initial Stockholders” shall mean the Sponsor and any Insider that holds Founder Shares prior to the consummation of the Public Offering; (ix) “Private Placement Shares” shall mean the shares of Common Stock comprising a part of the Private Placement Units; (x)“Private Placement Units” shall mean the 390,000 units (400,000 units if the Underwriters’ overallotment option is exercised in full) of the Company, each comprised of one share of Common Stock and one-half of one warrant to purchase one share of Common Stock, that the Sponsor and the Underwriters have agreed to purchase for an aggregate purchase price of $3,900,000 ($4,000,000 if the Underwriters’ overallotment option is exercised in full) in the aggregate, or $10.00 per Private Placement Unit, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (xi) “Private Placement Warrants” shall mean the warrants comprising a part of the Private Placement Units and the 1,900,000 warrants (2,000,000 warrants if the Underwriters’ overallotment option is exercised in full) to purchase one share of Common Stock, that the Sponsor has agreed to purchase for an aggregate purchase price of $1,900,000 ($2,000,000 if the Underwriters’ overallotment option is exercised in full) in the aggregate, or at $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (xii) “Public Stockholders” shall mean the holders of ...
Extension Units means the units issued by the Issuer to an Investor who elects to extend their Maturity Date for their Units on the attached Election Form and such new units are subject to the revised Terms set out in this SPDS;