Examples of Initial Private Placement in a sentence
On the date of the closing of the IPO (the “IPO Closing Date”), the Company shall issue and sell to the undersigned, and the undersigned shall purchase from the Company, the Initial Private Placement Warrants for the Initial Purchase Price.
On the IPO Closing Date, subject to receipt of funds pursuant to the immediately prior sentence, the Company shall effect delivery of the Initial Private Placement Warrants to the undersigned in book-entry form.
On the Initial Closing Date, the Company shall, subject to receipt of funds pursuant to the immediately prior sentence, at its option, deliver to the Subscriber the certificates representing the Initial Private Placement Units purchased by the Subscriber or effect such delivery in book-entry form.
The closing of the purchase and sale of the Initial Private Placement Units shall take place substantially simultaneously with the closing of the IPO (the “Initial Closing Date”).
The closing of the purchase and sale of each of the Initial Private Placement Warrants and the Additional Private Placement Warrants shall take place at the offices of Xxxx, Weiss, Rifkind, Xxxxxxx & Xxxxxxxx LLP, 0000 Xxxxxx xx xxx Xxxxxxxx, Xxx Xxxx, Xxx Xxxx, 00000, or such other place as may be agreed upon by the parties hereto.