Common use of Surrender of Class B Ordinary Share Clause in Contracts

Surrender of Class B Ordinary Share. Upon the issue of the Shares, the Subscriber hereby surrenders to the Company for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company.

Appears in 26 contracts

Sources: Securities Subscription Agreement (Soulpower Acquisition Corp.), Securities Subscription Agreement (Aura Fat Projects Acquisition Corp), Securities Subscription Agreement (Aura Fat Projects Acquisition Corp)

Surrender of Class B Ordinary Share. Upon upon the issue of the Shares, the Subscriber hereby surrenders to the Company for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company.

Appears in 6 contracts

Sources: Securities Subscription Agreement (TCV Acquisition Corp.), Securities Subscription Agreement (Dragoneer Growth Opportunities Corp. III), Securities Subscription Agreement (B Capital Technology Opportunities Corp.)

Surrender of Class B Ordinary Share. Upon the issue of the Shares, the Subscriber hereby 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.

Appears in 5 contracts

Sources: Securities Subscription Agreement (HCM IV Acquisition Corp.), Securities Subscription Agreement (QDRO Acquisition Corp.), Securities Subscription Agreement (HCM Iii Acquisition Corp.)

Surrender of Class B Ordinary Share. Upon the issue of the Shares, the Subscriber hereby surrenders to the Company for no consideration the one Class B ordinary share Ordinary Share held by the Subscriber following the incorporation of the Company.

Appears in 3 contracts

Sources: Securities Subscription Agreement (Lazard Fintech Acquisition Corp. I), Securities Subscription Agreement (Lazard Healthcare Acquisition Corp. I), Securities Subscription Agreement (Lazard Growth Acquisition Corp. I)

Surrender of Class B Ordinary Share. Upon the issue of the Purchased Shares, the Subscriber hereby surrenders to the Company for no consideration the one Class B ordinary share Ordinary Share held by the Subscriber following the incorporation of the Company.

Appears in 1 contract

Sources: Securities Subscription Agreement (Israel Amplify Program Corp.)

Surrender of Class B Ordinary Share. Upon the issue of the SharesShares on the Closing Date, the Subscriber hereby surrenders shall surrender to the Company for no consideration the one Class B ordinary share held by the Subscriber following the incorporation of the Company.

Appears in 1 contract

Sources: Securities Subscription Agreement (Emmis Acquisition Corp.)

Surrender of Class B Ordinary Share. Upon With effect immediately following the issue of the SharesShares to the Subscriber by the Company, the Subscriber hereby irrevocably surrenders to the Company for no cancellation and for nil consideration the one Class B ordinary share held by standing in its name in the Subscriber following the incorporation register of members of the Company.

Appears in 1 contract

Sources: Securities Subscription Agreement (Rice Acquisition Corp 3)

Surrender of Class B Ordinary Share. Upon the issue of the Shares, the Subscriber Buyer hereby surrenders to the Company for no consideration the one Class B ordinary share held by the Subscriber Buyer following the incorporation of the Company.

Appears in 1 contract

Sources: Securities Purchase Agreement (APx Acquisition Corp. I)