Forward Purchase Contract definition
Examples of Forward Purchase Contract in a sentence
All capitalized terms used herein which are defined in the Forward Purchase Contract Agreement have the meaning set forth therein.
If Certificates evidencing more than one Forward Purchase Contract shall be surrendered for settlement at one time by the same Holder, the number of full shares of Common Stock which shall be delivered upon settlement shall be computed on the basis of the aggregate number of Forward Purchase Contracts evidenced by the Certificates so surrendered.
Pursuant to the Forward Purchase Contract, the Sponsor has waived any and all rights and claims it may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Forward Purchase Securities.
The Agent shall not be responsible for any failure of the Company to issue, transfer or deliver any shares of Common Stock pursuant to a Forward Purchase Contract or to comply with any of the duties, responsibilities or covenants of the Company contained in this Article.
The Company has all requisite corporate power and authority to enter into this Agreement, the Warrant Agreement, the Trust Agreement, the Registration Rights Agreement, the Private Placement Units Purchase Agreement, the Forward Purchase Contract, the Services Agreement and the Business Combination Marketing Agreement and to carry out the provisions and conditions hereof and thereof, and all consents, authorizations, approvals and orders required in connection herewith and therewith have been obtained.