Examples of Private Placement Units Purchase Agreement in a sentence
On or prior to the Closing Date and each Option Closing Date, if any, the Company shall have caused the applicable proceeds from the Unit Private Placement and certain of the proceeds from the sale of the Option Private Placement Units, if any, to be deposited into the Trust Account in accordance with the Private Units Purchase Agreement and the Underwriter Private Placement Units Purchase Agreement.
Prior to the consummation of the Business Combination, the Company shall not amend, modify or otherwise change or waive any provision of the Warrant Agreement, the Trust Agreement, the Registration Rights Agreement, the Administrative Services Agreement, the Private Units Purchase Agreement, the Underwriter Private Placement Units Purchase Agreement or any Insider Letter without the prior written consent of the Representative, which will not be unreasonably delayed, conditioned or withheld.
On the Effective Date, the Company shall have delivered to the Representative executed copies of the Trust Agreement, the Warrant Agreements, the Securities Subscription Agreement, the Promissory Note, the Private Placement Units Purchase Agreement, the Financial Services Agreement, the Administrative Services Agreement, the Registration Rights Agreement and the Insider Letter.
Simultaneously with the Option Closing Date (if any), the Underwriters will purchase from the Company pursuant to the Underwriter Private Placement Units Purchase Agreement up to an additional 39,375 Private Placement Units, at a purchase price of $10.00 per Private Placement Unit in a private placement intended to be exempt from registration under the Act pursuant to Section 4(a)(2) of the Act (the “Option Private Placement Units”).
The Class A Ordinary Shares issuable upon exercise of the Private Placement Warrants included in the Private Placement Units have been duly authorized and reserved for issuance and, when issued and delivered against payment therefor pursuant to the Private Placement Units Purchase Agreement, the Private Placement Units and the Class A Ordinary Shares issuable upon exercise of the Private Placement Warrants included in the Private Placement Units will be validly issued, fully paid and non-assessable.