Assignment of Economic Interest. 2.1. Upon satisfaction of the conditions set forth in Section 1.1, the Sponsor hereby assigns to Investor all of its economic right, title and interest in and to that number of Assigned Securities set forth on Exhibit A (the “Economic Interest”), subject to adjustment as set forth in Section 2.2. The Economic Interest represents the Sponsor’s right to receive dividends and other distributions made by the Sponsor pursuant to the Sponsor LLC Agreement allocated to that number of Assigned Securities set forth on Exhibit A represented by the Founder Shares held directly by the Sponsor.
Assignment of Economic Interest. 2.1. Upon satisfaction of the conditions set forth in Section 1.1, the Sponsor hereby assigns to Investor all of its economic right, title and interest in and to that number of Assigned Securities set forth on Exhibit A (the “Economic Interest”), subject to adjustment as set forth in Section 2.2. The Economic Interest represents the Sponsor’s right to receive dividends and other distributions made with respect to that number of Assigned Securities set forth on Exhibit A represented by the Founder Shares held directly by the Sponsor.
Assignment of Economic Interest. 2.1. Upon satisfaction of the conditions set forth in Section 1.1, the Insider hereby assigns to the Investor all of its economic right, economic title and economic interest in and to that number of Assigned Securities set forth on Exhibit A (the “Economic Interest”), subject to adjustment as set forth in Section 2.2. The Economic Interest represents the Insider’s right to receive dividends and other distributions with respect to that number of Assigned Securities set forth on Exhibit A represented by the Founder Shares held directly by the Insider.
Assignment of Economic Interest. (a) Foundation shall have a right to assign to third parties or Affiliates a portion of its Foundation Class A Economic Interest (and its right to receive distributions thereon pursuant to Section 5.1(b)(i) and Section 5.1(c)) with respect to one or both of the Class A Subsidiaries, and HMA L.P. shall have a right to assign to Class B Permitted Assignees a portion of its HMA Class B Economic Interest (and its right to receive distributions thereon pursuant to Section 5.1(b)(ii)) with respect to the Class B Subsidiary); provided that Foundation maintains a Foundation Class A Economic Interest of at least fifty percent (50.0%) in both Class A Subsidiaries and HMA L.P. maintains an HMA Class B Economic Interest of at least fifty percent (50.0%) at all times.
Assignment of Economic Interest. This Non-Redemption Agreement and Assignment of Economic Interest (this “Agreement”) is entered as of May [●], 2024 by and among PowerUp Acquisition Corp. (“PWUP”), a Cayman Islands exempted company, SXXXXXX Associates, LLC, a Delaware limited liability company (the “Sponsor”) and the undersigned investors (collectively, “Investor”).
Assignment of Economic Interest. Subject to the prior written consent of the other Party, which consent may not be unreasonably withheld, a Party may assign its rights to receive the Economic Interest to a third-party. Such a permitted assignment shall not of itself cause the dissolution of the Joint Venture or entitle the assignee to vote, participate in the management and affairs of the Joint Venture or become or exercise any rights of a Party. Upon the assignment of all or part of a Party's Economic Interest, the assignor Party shall provide the Joint Venture with the name and address of the assignee, together with the details of the interest assigned. The assignment of an Economic Interest shall not release the assignor Party from such Party’s liability pursuant to the terms of this Agreement. The assignment of all of the Economic Interest of a Joint Venture will not be a Default pursuant to Article 5 of this Agreement or entitle the Joint Venture or the other Party to purchase the assignor’s Interest. The pledge or granting of a security interest, lien or other encumbrance in or against all or any portion of a Party's Economic Interest shall not be permitted.
Assignment of Economic Interest. 2.1. Upon satisfaction of the conditions set forth in Section 1.3, the Sponsor hereby assigns to Investor all of its economic right, title and interest in and to that number of Assigned Securities set forth on Exhibit A (the “Economic Interest”), subject to adjustment as set forth in Section 2.2. The Economic Interest represents the Sponsor’s right to receive dividends and other distributions made by Pegasus allocated to that number of Assigned Securities set forth on Exhibit A represented by the Founder Shares held directly by the Sponsor. This Agreement constitutes the Sponsor’s written notice to Pegasus of such assignment of the Economic Interest.
Assignment of Economic Interest. 2.1. Upon satisfaction of the conditions set forth in Section 1.1, the Seller hereby assigns to Investor all of its economic right, title and interest in and to that number of Assigned Securities as determined on Exhibit A (the “Economic Interest”), subject to adjustment as set forth in Section 1.3. The Economic Interest represents the Seller’s right to receive dividends and other distributions made by the Company in respect of the Assigned Securities prior to, or in connection with, the consummation of the Business Combination.
Assignment of Economic Interest. 2.1. Upon satisfaction of the conditions set forth in Section 1.1, Mercury Capital hereby assigns to Investor all of its economic right, title and interest in and to that number of Assigned Securities set forth on Exhibit A (the “Economic Interest”), subject to adjustment as set forth in Section 2.2. The Economic Interest represents Mercury Capital’s right to receive dividends and other distributions made by Mercury Capital pursuant to Mercury Capital LLC Agreement allocated to that number of Assigned Securities set forth on Exhibit A represented by the Founder Shares held directly by Mercury Capital.
Assignment of Economic Interest. 3.1. The Company hereby assigns to Investor all of its economic right, title and interest in and to 100,000 Founder Shares represented by Founder Share Membership Interests held by the Company (the “Economic Interest”), subject to adjustment as set forth in Sections 3.2 and 3.3. The Economic Interest represents the Company’s right to receive dividends and other distributions made by the Sponsor pursuant to Section 4.01 of the Sponsor LLC Agreement allocated to 100,000 of the Founder Shares represented by Founder Membership Interests held by the Company.
