Subscription for Shares. For the sum of US$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register of members accordingly. 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. The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 24 contracts
Sources: Securities Subscription Agreement (SC II Acquisition Corp.), Securities Subscription Agreement (FutureCrest Acquisition Corp.), Securities Subscription Agreement (Galata Acquisition Corp. II)
Subscription for Shares. For the sum of US$$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall update its register Register of members Members accordingly. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. The Subscriber surrenders for no consideration the one Class B Ordinary Share ordinary share of the Company currently held by the Subscriber it following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 14 contracts
Sources: Securities Subscription Agreement (Chenghe Acquisition III Co.), Securities Subscription Agreement (Fifth Era Acquisition Corp I), Securities Subscription Agreement (Chenghe Acquisition III Co.)
Subscription for Shares. For the sum of US$$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cashcash on November 9, 2020, the Company hereby agrees to issue issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register Register of members Members accordingly. 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. The Subscriber surrenders for no consideration the one Class B Ordinary Share ordinary share of the Company currently held by the Subscriber it following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 5 contracts
Sources: Securities Subscription Agreement (Cantor Equity Partners IV, Inc.), Securities Subscription Agreement (Cantor Equity Partners III, Inc.), Securities Subscription Agreement (Cantor Equity Partners II, Inc.)
Subscription for Shares. For the sum of US$$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register of members accordingly. 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. The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 4 contracts
Sources: Securities Subscription Agreement (Sizzle Acquisition Corp. II), Securities Subscription Agreement (Willow Lane Acquisition Corp.), Securities Subscription Agreement (Silver Pegasus Acquisition Corp.)
Subscription for Shares. For the sum of US$25,000 (the “Purchase Price”)25,000, which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register of members accordingly. 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. The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 4 contracts
Sources: Securities Subscription Agreement (StoneBridge Acquisition II Corp), Securities Subscription Agreement (Columbus Circle Capital Corp. I), Securities Subscription Agreement (StoneBridge Acquisition II Corp)
Subscription for Shares. For the sum of US$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register of members accordingly. 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. The one Class B Ordinary Share currently held by the Ogier Global Subscriber (Cayman) Limited following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 2 contracts
Sources: Securities Subscription Agreement (Bleichroeder Acquisition Corp. II), Securities Subscription Agreement (Live Oak Acquisition Corp. V)
Subscription for Shares. For the sum of US$$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cashSubscriber paid on behalf of the Company, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register Register of members Members accordingly. 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. The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased is hereby surrendered for no consideration by the Company at par immediately Subscriber following the issue of the Shares by the Company.
Appears in 2 contracts
Sources: Securities Subscription Agreement (Dynamix Corp III), Securities Subscription Agreement (Dynamix Corp)
Subscription for Shares. For the sum of US$$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall update its register Register of members Members accordingly. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. The Subscriber surrenders for no consideration the one Class B Ordinary Share ordinary share of the Company currently held by the Subscriber it following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 2 contracts
Sources: Securities Subscription Agreement (Bridgetown 2 Holdings LTD), Securities Subscription Agreement (Sports Ventures Acquisition Corp.)
Subscription for Shares. For the sum of US$$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cashcash on April 28, 2021, the Company hereby agrees to issue issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register Register of members Members accordingly. 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. The Subscriber surrenders for no consideration the one Class B Ordinary Share ordinary share of the Company currently held by the Subscriber it following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 1 contract
Sources: Securities Subscription Agreement (Cantor Equity Partners V, Inc.)
Subscription for Shares. For the sum of US$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register of members accordingly. 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. The one Class B Ordinary Share transferred to and currently held by the Subscriber following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 1 contract
Sources: Securities Subscription Agreement (American Exceptionalism Acquisition Corp. A)
Subscription for Shares. For the sum of US$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register of members accordingly. 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. The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased surrendered by the Company at par immediately following prior to the issue of the Shares by the Company.
Appears in 1 contract
Sources: Securities Subscription Agreement (Oyster Enterprises II Acquisition Corp)
Subscription for Shares. For the sum of US$$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cashSubscriber paid on behalf of the Company, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from in the Company, subject to 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 shall update its register Register of members Members accordingly. 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. The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased is hereby surrendered for no consideration by the Company at par immediately Subscriber following the issue of the Shares by the Company.
Appears in 1 contract
Sources: Securities Subscription Agreement (Karbon Capital Partners Corp.)
Subscription for Shares. For the sum of US$25,000 (the “Purchase Price”)$25,000, which the Company acknowledges receiving in cashthrough a payment made by the Subscriber on behalf of the Company to cover certain expenses of the Company, the Company hereby agrees to issue issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to forfeiturethe surrender and cancellation 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 shall update its register of members accordingly. All references in this Agreement to shares of the Company being forfeited surrendered and cancelled shall take effect as surrenders and cancellation for no consideration of such shares as a matter of Cayman Islands law. The On the issuance of the Shares, the Company and the Subscriber hereby agree to the repurchase by the Company of the one Class B Ordinary Share ordinary share, with par value of $0.0001, of the Company currently held by the Subscriber following in consideration for repurchase proceeds equal to the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Companysubscription price previously paid for such share.
Appears in 1 contract
Sources: Securities Subscription Agreement (LDH Growth Corp I)
Subscription for Shares. For the sum of US$$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register of members accordingly. 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. The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased forfeited by the Company at par immediately following the issue of the Shares by the Company.
Appears in 1 contract
Sources: Securities Subscription Agreement (Evolution Global Acquisition Corp)
Subscription for Shares. For the sum of US$25,000 $25000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register of members accordingly. 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. The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 1 contract
Sources: Securities Subscription Agreement (Lake Superior Acquisition Corp)
Subscription for Shares. For the sum of US$25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register of members accordingly. 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. The one Class B Ordinary Share currently held by the Subscriber Ogier Global (Cayman) Limited following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 1 contract
Sources: Securities Subscription Agreement (Jena Acquisition Corporartion Ii)
Subscription for Shares. For the sum of US$25,000 (the “Purchase Price”’’), which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions conditioris set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall update its register of members accordingly. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 1 contract
Sources: Securities Subscription Agreement (Bleichroeder Acquisition Corp. I)
Subscription for Shares. For the sum of US$US $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby agrees to issue the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to 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 shall update its register of members accordingly. 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. The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Appears in 1 contract
Sources: Securities Subscription Agreement (1RT Acquisition Corp.)