Examples of Sponsor Unit Subscription Agreement in a sentence
The shares of Common Stock issuable upon exercise of the Private Placement Warrants have been duly authorized and reserved for issuance and, when issued and delivered against payment therefor pursuant to the Sponsor Unit Subscription Agreement, the Private Placement Units, and the Warrant Agreement will be validly issued, fully paid and non-assessable.
The Sponsor has executed and delivered a Sponsor Unit Subscription Agreement, the form of which is filed as an exhibit to the Registration Statement (the “Sponsor Unit Purchase Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Placement Units as provided for in such Sponsor Unit Purchase Agreement.
On the Effective Date, the Company shall have delivered to the Representative executed copies of the Trust Agreement, the Warrant Agreement, the Securities Subscription Agreement, the Sponsor Unit Subscription Agreement, the Registration Rights Agreement and the Insider Letter.
On the Effective Date, the Company shall have delivered to the Representative executed copies of the Trust Agreement, the Warrant Agreement, the Rights Agreement, the Securities Subscription Agreement, the Sponsor Unit Subscription Agreement, the Registration Rights Agreement and the Insider Letter.
The 21,562,500 Units of the Company issued to the Sponsor pursuant to the Sponsor Unit Subscription Agreement were duly authorized by all necessary corporate action on the part of the Company and were validly issued.
If and to the extent the Underwriters do not fully exercise the over-allotment option (the “Over-Allotment Option”) granted by the Company pursuant to the Underwriting Agreement, the number of Sponsor’s Escrow Sponsor Units shall be reduced following any forfeiture of Sponsor Units pursuant to Section 3 of the Sponsor Unit Subscription Agreement.
The 21,562,500 Units of the Company issued to the Sponsor (the “Sponsor Units”) pursuant to the Sponsor Unit Subscription Agreement were duly authorized by all necessary corporate action on the part of the Company and were validly issued.
Here [18] combines two notions that is ID-based authentication and key agreement.Advantages• Removes expensive operations: The authentication mechanism allows key sharing and key agreement protocol provides two or more participants to share a key.