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, 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. 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 Andretti Acquisition Corp. contract
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, 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 this Agreeme...nt 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 Aimfinity Investment Corp. I 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, 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, 1,125,000 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. Concurrentl...y 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 2 Contracts from 2 Companies
Purchase of Shares. 1.1 For the sum of $25,000 U.S.$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, forfeiture, 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 shall register the Sha...res in the name of the Subscriber on the register of members of the Company. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a certificate registered in matter of Cayman Islands law. 1.2 Surrender of Class B Share. Upon the Subscriber's name representing issue of the Shares (the "Original Certificate"), receipt of which Shares, the Subscriber hereby acknowledges. surrenders to the Company for cancellation and for no consideration one (1) Class B Ordinary Share standing in its name in the register of members of the Company. View More
Found in Resources Acquisition Corp. contract
Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), which the Company acknowledges receiving in cash, the Company hereby issues and 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, 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 i...s delivering to the Subscriber being forfeited shall take effect as surrenders 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 SC Health Corp contract
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, 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 deliverin...g to the Subscriber being forfeited shall take effect as surrenders 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 New Frontier Corp contract
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 and subscribes for the Shares from the Company, 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 of this Agreement, the Company is delivering shall effect such issu...ance in book-entry form. The Subscriber hereby irrevocably surrenders to the Subscriber a certificate registered Company for cancellation and for nil consideration 1 ordinary share of $0.0001 par value standing in the Subscriber's name representing in the Shares (the "Original Certificate"), receipt register of which members of the Subscriber hereby acknowledges. Company. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. View More
Found in AMERICAS TECHNOLOGY ACQUISITION CORP. contract
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 conditions, including regarding forfeiture, set forth in this Agreement. letter agreement (this "Agreement"). Concurrently with the Subscriber's execution of this Agreement..., the Company is delivering shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber's name representing the Shares shares (the "Original Certificate"), receipt Certificate") or effect such delivery in book-entry form. 1.2. Repurchase of which Original Share. Immediately following the issue of shares by the Company, the Company shall repurchase the 1 Class B ordinary share of $0.0001 par value in the Company currently held by Subscriber hereby acknowledges. as permitted by the articles of association of the Company. View More
Found in Project Energy Reimagined Acquisition Corp. contract
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 conditions, including regarding forfeiture, set forth in this Agreement. letter agreement (this "Agreement"). Concurrently with the Subscriber's execution of this Agreement..., the Company is delivering shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber's name representing the Shares shares (the "Original Certificate"), receipt Certificate") or effect such delivery in book-entry form. 1.2. Repurchase of which Original Shares. Immediately following the issue of the Shares by the Company, the Company shall repurchase the 4,312,000 Class B ordinary shares of the Company, par value $0.0001 per share, currently held by Subscriber hereby acknowledges. as a result of the Original Subscription Agreement, as permitted by the articles of association of the Company. View More
Found in Aries II Acquisition Corp contract
Purchase of Shares. For the sum of $25,000 (the "Purchase Price"), $25,000, 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 shall register the Shares in the name of ...the Subscriber on the register of members of the Company. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a certificate registered in matter of Cayman Islands law. The Subscriber surrenders for no consideration the Subscriber's name representing one Ordinary Share of the Shares (the "Original Certificate"), receipt Company currently held by it following the incorporation of which the Subscriber hereby acknowledges. Company. View More
Found in Singularity Acquisition Corp. contract