Purchase of Shares Clause Example with 98 Variations from Business Contracts

This page contains Purchase of Shares clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's execution of this Agreement, the Company is delivering to the Subscriber a certificate registered in the Sub...scriber's name representing the Shares (the "Original Certificate"), receipt of which the Subscriber hereby acknowledges. View More
Found in South Mountain Merger Corp. contract

Variations of a "Purchase of Shares" Clause from Business Contracts

Purchase of Shares. 1.1. Subscription and Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the Company hereby sells allots and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 187,500 of which are subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's executi...on All references in this Agreement to shares of this Agreement, the Company is delivering to being forfeited shall take effect as surrenders and cancellations for no consideration of such shares as matter of Cayman Islands law. 1.2. Surrender of Class B Ordinary Share. Upon the Subscriber a certificate registered in issue of the Subscriber's name representing the Shares (the "Original Certificate"), receipt of which Shares, the Subscriber hereby acknowledges. surrenders to the Company for cancellation and for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company. View More
Found in Pomona Acquisition Ltd contract
Purchase of Shares. 1.1. Subscription and Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's execution All ...references in this Agreement to shares of this Agreement, the Company is delivering to being forfeited shall take effect as surrenders and cancellations for no consideration of such shares as matter of Cayman Islands law. 1.2. Surrender of Class B Ordinary Share. Upon the Subscriber a certificate registered in issue of the Subscriber's name representing the Shares (the "Original Certificate"), receipt of which Shares, the Subscriber hereby acknowledges. surrenders to the Company for cancellation and for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company. View More
Found in HCM Acquisition Corp contract
Purchase of Shares. 1.1 Subscription and Purchase of Shares. For the sum of $25,000 US$25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, from or on behalf of the Subscriber, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Con...currently with the Subscriber's execution All references in this Agreement to shares of this Agreement, the Company is delivering to being forfeited shall take effect as surrenders for no consideration of such shares as matter of Cayman Islands law. 1.2 Surrender of Class A Ordinary Share. Upon the Subscriber a certificate registered in issue of the Subscriber's name representing the Shares (the "Original Certificate"), receipt of which Shares, the Subscriber hereby acknowledges. surrenders to the Company for no consideration the one Class A ordinary share held by the Subscriber following the incorporation of the Company. View More
Found in Soar Technology Acquisition Corp. contract
Purchase of Shares. 1.1 Subscription and Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the form of a capital contribution, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 937,500 of which are subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently w...ith the Subscriber's execution All references in this Agreement to shares of this Agreement, the Company is delivering to being forfeited shall take effect as surrenders for no consideration of such shares as matter of Cayman Islands law. 1.2 Surrender of Class B Ordinary Share. Upon the Subscriber a certificate registered in issue of the Subscriber's name representing the Shares (the "Original Certificate"), receipt of which Shares, the Subscriber hereby acknowledges. surrenders to the Company for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company. View More
Found in VELOCITY MERGER CORP. contract
Purchase of Shares. 1.1 Subscription and Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the form of a capital contribution, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 375,000 of which are subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently w...ith the Subscriber's execution All references in this Agreement to shares of this Agreement, the Company is delivering to being forfeited shall take effect as surrenders for no consideration of such shares as matter of Cayman Islands law. 1.2 Surrender of Class B Ordinary Share. Upon the Subscriber a certificate registered in issue of the Subscriber's name representing the Shares (the "Original Certificate"), receipt of which Shares, the Subscriber hereby acknowledges. surrenders to the Company for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company. View More
Found in 2 Contracts from 2 Companies
Purchase of Shares. 1.1 Subscription and Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the form of a capital contribution, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 750,000 of which are subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently w...ith the Subscriber's execution All references in this Agreement to shares of this Agreement, the Company is delivering to being forfeited shall take effect as surrenders for no consideration of such shares as matter of Cayman Islands law. 1.2 Surrender of Class B Ordinary Share. Upon the Subscriber a certificate registered in issue of the Subscriber's name representing the Shares (the "Original Certificate"), receipt of which Shares, the Subscriber hereby acknowledges. surrenders to the Company for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company. View More
Found in Biotech Acquisition Co contract
Purchase of Shares. 1.1 Subscription and Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the form of a capital contribution, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,500,000 of which are subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently... with the Subscriber's execution All references in this Agreement to shares of this Agreement, the Company is delivering to being forfeited shall take effect as surrenders for no consideration of such shares as matter of Cayman Islands law. 1.2 Surrender of Class B Ordinary Share. Upon the Subscriber a certificate registered in issue of the Subscriber's name representing the Shares (the "Original Certificate"), receipt of which Shares, the Subscriber hereby acknowledges. surrenders to the Company for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company. View More
Found in MARLIN TECHNOLOGY CORP. contract
Purchase of Shares. 1.1 Subscription and Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the form of a capital contribution, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 1,250,000 of which are subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently... with the Subscriber's execution All references in this Agreement to shares of this Agreement, the Company is delivering to being forfeited shall take effect as surrenders for no consideration of such shares as matter of Cayman Islands law. 1.2 Surrender of Class B Ordinary Share. Upon the Subscriber a certificate registered in issue of the Subscriber's name representing the Shares (the "Original Certificate"), receipt of which Shares, the Subscriber hereby acknowledges. surrenders to the Company for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company. View More
Found in ALTIMAR ACQUISITION CORP. contract
Purchase of Shares. For the sum of $25,000 US$25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to the forfeiture provisions of Section 3 below, below and of the Forfeiture Agreements (as defined in Section 3.3), on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber's execution All references in th...is Agreement to shares of this Agreement, the Company is delivering to the Subscriber being forfeited shall take effect as surrenders and cancellations for no consideration of such shares as a certificate registered in the Subscriber's name representing the Shares (the "Original Certificate"), receipt matter of which the Subscriber hereby acknowledges. Cayman Islands law. View More
Found in 2 Contracts from Denali Capital Acquisition Corp.
Purchase of Shares. 1.1 Subscription and Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, from or on behalf of the Subscriber, the Company hereby sells and issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 468,750 of which are subject to the forfeiture provisions of Section 3 below, forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently ...with the Subscriber's execution All references in this Agreement to shares of this Agreement, the Company is delivering to being forfeited shall take effect as surrenders for no consideration of such shares as matter of Cayman Islands law. 1.2 Surrender of Class B Ordinary Share. Upon the Subscriber a certificate registered in issue of the Subscriber's name representing the Shares (the "Original Certificate"), receipt of which Shares, the Subscriber hereby acknowledges. surrenders to the Company for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company. View More
Found in Altimar Acquisition Corp. III contract