Parent Unit definition

Parent Unit means a unit of Parent comprised of one Parent Ordinary Share, one Parent Warrant and one Parent Right, including all “private units” described in the Prospectus.

Parent Unit means the units issued in the IPO consisting of one Parent Ordinary Share and one Parent Public Warrant.

Parent Unit means a Common Unit of Parent as defined in the Parent Partnership Agreement.

Examples of Parent Unit in a sentence

• At the Redomestication Merger Effective Time, every issued and outstanding Parent Unit shall be separated automatically into each’s individual components of one share of Parent Common Stock and one-tenth (1/10) of one Parent Right, and all Parent Units shall cease to be outstanding and shall automatically be canceled and retired and shall cease to exist.

• At the Reincorporation Effective Time, every issued and outstanding Parent Unit shall be separated automatically into each’s individual components of one Parent Ordinary Share and one Parent Right, and all Parent Units shall cease to be outstanding and shall automatically be canceled and retired and shall cease to exist.

• At the Reincorporation Effective Time, every issued and outstanding Parent Unit shall be separated automatically into its constituent securities, which shall be converted automatically into securities of Purchaser in accordance with Section 2.6(a), (c) or (d), as applicable.

More Definitions of Parent Unit

Parent Unit means each unit of Parent issued in the IPO comprised of (a) one share of Parent Common Stock, (b) one warrant to purchase one-half (1/2) of a share of Parent Common Stock at a price of $11.50 per whole share, and (c) one right to receive one-twentieth (1/20) of a share of Parent Common Stock upon the consummation of an initial business combination.

Parent Unit means each outstanding unit consisting of one share of Parent Common Stock, one Parent Warrant and one Parent Right.

Parent Unit means the units issued in the IPO consisting of one Parent Ordinary Share and one Parent Warrant.

Parent Unit has the meaning set forth in the Section 2.1(a).

Parent Unit means each unit of Parent issued in the IPO composed of (a) one share of Parent Class A Common Stock and (b) one-half (1/2) of one Parent Warrant upon the consummation of an initial business combination pursuant to Parent’s organizational or constituent documents and Parent’s public filings with the SEC.

Parent Unit means each unit of Parent consisting of one Parent Class A Ordinary Share, one-half of one Parent Warrant and one Parent Right, which units were sold in the IPO.

Parent Unit means each outstanding unit consisting of one Parent Ordinary Share and one Parent Right.