Common use of Terms of the Placement Units Clause in Contracts

Terms of the Placement Units. The Placement Units shall be substantially identical to the Units offered in the IPO except that the Placement Units (including the Placement Shares and Placement Warrants comprising such units and the Warrant Shares) (i) will be subject to the transfer restrictions described in Section 7 hereof; (ii) will be entitled to registration rights and (iii) with respect to the Placement Warrants, may not be exercisable more than five years from the commencement of sales in the IPO in accordance with FINRA Rule 5110(g)(8).

Appears in 18 contracts

Sources: Private Placement Units Purchase Agreement (FIGX Capital Acquisition Corp.), Private Placement Units Purchase Agreement (LightWave Acquisition Corp.), Private Placement Units Purchase Agreement (FIGX Capital Acquisition Corp.)

Terms of the Placement Units. The Placement Units shall be substantially identical to the Units offered in the IPO except that the Placement Units (including the Placement Shares and Placement Warrants Private Share Rights comprising such units and the Warrant Sharesunits) (i) will be subject to the transfer restrictions described in Section 7 hereof; (ii) will be entitled to registration rights and (iii) with respect to the Placement Warrants, may not be exercisable more than five years from the commencement of sales in the IPO in accordance with FINRA Rule 5110(g)(8)rights.

Appears in 10 contracts

Sources: Private Placement Units Purchase Agreement (Blue Acquisition Corp/Cayman), Private Placement Units Purchase Agreement (Blue Acquisition Corp/Cayman), Private Placement Units Purchase Agreement (Oyster Enterprises II Acquisition Corp)

Terms of the Placement Units. The Placement Units shall be substantially identical to the Units offered in the IPO Public Offering except that the Placement Units (including the Placement Shares and Placement Warrants comprising such units and the Warrant Shares) (i) will be subject to the transfer restrictions described in Section 7 hereof; (ii) will be entitled to registration rights and (iii) with respect to the Placement Warrants, may not be exercisable more than five years from the commencement of sales in the IPO Public Offering in accordance with FINRA Rule 5110(g)(8).

Appears in 4 contracts

Sources: Private Placement Units Purchase Agreement (Range Capital Acquisition Corp II), Private Placement Units Purchase Agreement (Range Capital Acquisition Corp II), Private Placement Units Purchase Agreement (Blue Water Acquisition Corp. III)

Terms of the Placement Units. The Placement Units shall be are substantially identical to the Units to be offered in the IPO except that the Placement Units (including the Placement Shares and Placement Warrants comprising such units and the Warrant Shares) that: (i) will be they are subject to the transfer restrictions described in Section 7 hereof; (ii) they will be entitled to registration rights and (iii) with respect to the Placement Warrants, they may not be exercisable more than five years from the commencement of sales in the IPO this offering in accordance with FINRA Rule 5110(g)(8).

Appears in 2 contracts

Sources: Private Placement Units Purchase Agreement (Inflection Point Acquisition Corp. III), Private Placement Units Purchase Agreement (Inflection Point Acquisition Corp. III)

Terms of the Placement Units. The Placement Units shall be substantially identical to the Units offered in the IPO except that the Placement Units (including the Placement Shares and Placement Warrants comprising such units and the Warrant Shares) (i) will be subject to the transfer restrictions described in Section 7 hereof; (ii) will be entitled to registration rights in accordance with FINRA Rule 5110(g)(8) and (iii) with respect to the Placement Warrants, may not be exercisable more than five years from the commencement of sales in the IPO in accordance with FINRA Rule 5110(g)(85110(g)(8)(A).

Appears in 2 contracts

Sources: Private Placement Units Purchase Agreement (Stellar v Capital Corp. (Cayman Islands)), Private Placement Units Purchase Agreement (Stellar v Capital Corp. (Cayman Islands))