Purchase of the Units. (a) The Company agrees to issue and sell the Underwritten Units to the several Underwriters as provided in this underwriting agreement (this “Agreement”), and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase at a price per Unit of $9.80 (the “Purchase Price”) from the Company the respective number of Underwritten Units set forth opposite such Underwriter’s name in Schedule 1 hereto; provided that the purchase price for any Underwritten Units that are Glenview IPO Units shall be $10.00. The number of Glenview IPO Units to be purchased by each Underwriter shall be based upon the same percentage of the total number of the Glenview IPO Units to be purchased by the several Underwriters as such Underwriter is purchasing of the aggregate Underwritten Units, subject to such adjustments as the Representatives in their absolute discretion shall make to eliminate any fractional Glenview IPO Units. “Glenview IPO Units” shall mean the 5,000,000 Underwritten Units to be purchased by the Glenview Funds and the 500,000 Underwritten Units to be purchased by an investment vehicle controlled by individuals affiliated with Glenview Capital Management, LLC.
Appears in 1 contract
Sources: Underwriting Agreement (Longview Acquisition Corp. II)
Purchase of the Units. (a) The Company agrees to issue and sell the Underwritten Units to the several Underwriters as provided in this underwriting agreement (this “Agreement”), and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase at a price per Unit of $9.80 (the “Purchase Price”) from the Company the respective number of Underwritten Units set forth opposite such Underwriter’s name in Schedule 1 hereto; provided that the purchase price for any Underwritten Units that are Glenview IPO Units shall be $10.00. The number of Glenview IPO Units to be purchased by each Underwriter shall be based upon the same percentage of the total number of the Glenview IPO Units to be purchased by the several Underwriters as such Underwriter is purchasing of the aggregate Underwritten UnitsSecurities, subject to such adjustments as the Representatives in their absolute discretion shall make to eliminate any fractional Glenview IPO Units. “Glenview IPO Units” shall mean the 5,000,000 [•] Underwritten Units to be purchased by [the Glenview Funds and the 500,000 Underwritten Units to be purchased by an investment vehicle controlled by individuals affiliated with Glenview Capital Management, LLCFunds] or [•].
Appears in 1 contract
Sources: Underwriting Agreement (Longview Acquisition Corp. II)
Purchase of the Units. (a) The Company agrees to issue and sell the Underwritten Units to the several Underwriters as provided in this underwriting agreement (this “Agreement”), and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase at a price per Unit of $9.80 (the “Purchase Price”) from the Company the respective number of Underwritten Units set forth opposite such Underwriter’s name in Schedule 1 hereto; provided that the purchase price for any Underwritten Units that are Glenview IPO Units shall be $10.00. The number of Glenview IPO Units to be purchased by each Underwriter shall be based upon the same percentage of the total number of the Glenview IPO Units to be purchased by the several Underwriters as such Underwriter is purchasing of the aggregate Underwritten UnitsSecurities, subject to such adjustments as the Representatives in their absolute discretion shall make to eliminate any fractional Glenview IPO Units. “Glenview IPO Units” shall mean the 5,000,000 [•] Underwritten Units to be purchased by [the Glenview Funds and the 500,000 Underwritten Units to be purchased by an investment vehicle controlled by individuals affiliated with Glenview Capital Management, LLCFunds].
Appears in 1 contract
Sources: Underwriting Agreement (Longview Acquisition Corp. II)