Examples of Initial Sponsor in a sentence
The Company, the Representatives and the Initial Sponsor have entered into a registration rights agreement (“Registration Rights Agreement”) substantially in the form annexed as an exhibit to the Registration Statement, whereby the Sponsor will be entitled to certain registration rights with respect to its securities, as set forth in such Registration Rights Agreement and described more fully in the Registration Statement.
The Major Shareholder Parties and the Initial Sponsor (collectively, the “Consortium Members”, and the consortium so formed, the “Consortium”) have entered into a consortium agreement (the “Consortium Agreement”) dated as of the date hereof, pursuant to which we will form an acquisition company for the purpose of implementing the Acquisition, and have agreed to work with each other exclusively in pursuing the Acquisition.
In the event the Company shall elect to redeem all of the outstanding Warrants (other than any Initial Sponsor Warrants or Sponsor Warrants that are held by the Sponsor or any Permitted Transferees) pursuant to Section 6.1 (the “Redeemable Warrants”), the Company shall fix a date for the redemption.
The Management and the Initial Sponsor (collectively, the “Consortium Members”) have entered into a consortium agreement dated as of the date hereof, pursuant to which we will form an acquisition company for the purpose of implementing the Acquisition, and have agreed to work with each other exclusively in pursuing the Acquisition.
The securities comprising the Sponsor Units and the Co-Investment Units will be separately transferable at any time, subject to the transfer restrictions on the Initial Sponsor Warrants and the Co-Investment Warrants described below in Section 2.5.