Founder Shares Purchase Agreement definition

Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.
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Founder Shares Purchase Agreement means that certain Securities Subscription Agreement by and between the Sponsor and Company, dated as of February 5, 2021.
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Examples of Founder Shares Purchase Agreement in a sentence

  • The Founder Shares Purchase Agreement has been duly authorized, executed and delivered by the Company and the Sponsor and constitutes a valid and legally binding obligation of the Company and the Sponsor enforceable against the Company and the Sponsor in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability.

  • The Company will deliver to the Representative executed copies of the Trust Agreement, the Warrant Agreement, the Founder Shares Purchase Agreement, the Promissory Note, the Warrant Purchase Agreement, the Registration Rights Agreement, the Insider Letter, and the Administrative Services Agreement.

  • On or prior to the Closing Date, the Company shall have delivered to the Representative executed copies of this Agreement, the Trust Agreement, the Warrant Agreement, the Founder Shares Purchase Agreement, the Promissory Note, the Warrant Purchase Agreement, the Registration Rights Agreement, the Insider Letter, and the Administrative Services Agreement, and each of the Transaction Documents shall be in full force and effect on the Closing Date or the Additional Closing Date, as the case may be.

  • On or prior to the Closing Date, the Company shall have delivered to the Representative executed copies of this Agreement, the Trust Agreement, the Warrant Agreement, the Founder Shares Purchase Agreement, the Promissory Note, the Unit Purchase Agreement, the Registration Rights Agreement, the Insider Letter, and the Administrative Support Agreement, and each of the Transaction Documents shall be in full force and effect on the Closing Date or the Additional Closing Date, as the case may be.

  • The Company will deliver to the Representative executed copies of the Trust Agreement, the Warrant Agreement, the Founder Shares Purchase Agreement, the Promissory Note, the Unit Purchase Agreement, the Registration Rights Agreement, the Insider Letter, and the Administrative Support Agreement.

Related to Founder Shares Purchase Agreement

  • Securities Purchase Agreement shall have the meaning set forth in the recitals hereto.

  • Investor Rights Agreement has the meaning set forth in the Recitals.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination or (B) subsequent to the Business Combination, (x) if the last sale price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.