Purchaser Rights definition

Purchaser Rights means the right to receive one-tenth (1/10) of one Purchaser Ordinary Share upon consummation of a business combination of the Purchaser.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Purchaser Rights means Purchaser Private Rights and Purchaser Public Rights, collectively.

Purchaser Rights means the rights of Purchaser, each such right convertible into one Purchaser Class A Ordinary Share.

Examples of Purchaser Rights in a sentence

None of Purchaser or any of its Affiliates has taken any action in an attempt to terminate the registration of the Purchaser Units, the Purchaser Class A Ordinary Shares or the Purchaser Rights under the Exchange Act.
At the Effective Time, the Purchaser Rights shall cease to be outstanding and shall automatically be canceled and retired and shall cease to exist.
Each certificate formerly representing Purchaser Rights shall thereafter represent only the right to receive Pubco Ordinary Shares as set forth herein.
The holders of certificates previously evidencing Purchaser Rights outstanding immediately prior to the Effective Time shall cease to have any rights with respect to such Purchaser Rights, except as provided herein or by applicable Law.
The Company, Pubco and Purchaser shall use their respective reasonable best efforts to cause the Purchaser Units, the Purchaser Class A Ordinary Shares and the Purchaser Rights to be delisted from Nasdaq (or be succeeded by the respective Pubco securities) and to terminate its registration with the SEC pursuant to Sections 12(b), 12(g) and 15(d) of the Exchange Act (or be succeeded by Pubco) as of the Effective Time or as soon as practicable thereafter.

More Definitions of Purchaser Rights

Purchaser Rights means the rights to purchase ordinary shares of the Purchaser issued pursuant to the Purchaser Rights Plan.

Purchaser Rights means all Parent Rights upon their conversion in Redomestication Merger.

Purchaser Rights or “Reincorporation Merger Surviving Corporation Rights” means all Parent Rights upon their conversion into rights to purchase Reincorporation Merger Surviving Corporation Class A Ordinary Shares in the Reincorporation Merger.

Purchaser Rights means the issued and outstanding rights of Purchaser to be issued in the Redomestication Merger in exchange for the outstanding Parent Rights, each such right to be automatically converted into one-tenth (1/10) of one share of Purchaser Common Stock at the closing of a Business Combination.

Purchaser Rights means all Parent Rights upon their conversion in Redomestication Merger. “Purchaser Units” means all the Parent Units upon their conversion in Redomestication Merger.

Purchaser Rights has the meaning given to it in Section 14.7(b);

Purchaser Rights. Purchaser's rights under this grant of license shall include: (a) the right to use the Licensed Software by means of, or in conjunction with, known and future technologies, including but not limited to known and future platforms, provided that such technologies (or platforms) have been duly licensed to Purchaser for such use. Purchaser has paid any required royalties or license fees associated with such license, and provided further that neither Supplier nor its Subcontractors shall have any obligation to support the Licensed Software on or in conjunction with such future technologies (or platforms). (b) the right to use Upgrades and Enhancements of the Licensed Software during the life of the System as it may be modified from time to time; (c) the right to permit employees, contractors and consultants of Purchaser to use and reproduce (to the extent reasonably necessary) the Licensed Software solely in conjunction with or for the purpose of the performance of services for Purchaser in connection with the System; (d) the right to permit System Users to use the executable form of the Licensed Software as required for their use of the System for its specified purposes; (e) the right to develop, or have developed on its behalf, Derivative Works, Future Developments, Upgrades, Enhancements or Error Corrections using the Licensed Software technologies; and (f) the right to use the Licensed Software for performing ISO functions as such functions are defined in the Trust Agreement, legislation, decisions of the CPUC, and the Memorandum of Understanding leading to the formation of the ISO as of the Contract Date and subject to the restrictions of Section 15.1.1 (a).