Common use of Binding Effect of Business Combination Agreement Clause in Contracts

Binding Effect of Business Combination Agreement. Sponsor hereby acknowledges that it has read the Business Combination Agreement and Sponsor has had a reasonable opportunity to consult with its tax and legal advisors. Sponsor shall be bound by, and comply with, the obligations of Purchaser pursuant to Section 6.04 (Public Announcements) and Section 6.15(a) (Acquisition Proposals and Alternative Transactions) of the Business Combination Agreement (and any relevant definitions contained in such Sections) as if Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 4 contracts

Samples: Business Combination Agreement (Goal Acquisitions Corp.), Business Combination Agreement (Goal Acquisitions Corp.), Sponsor Support Agreement (Goal Acquisitions Corp.)

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Binding Effect of Business Combination Agreement. Each Sponsor Party hereby acknowledges that it has read the Business Combination Agreement and Sponsor this Support Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. Each Sponsor Party shall be bound by, by and comply with, the obligations of Purchaser pursuant with Sections 7.08(a)-(b) (Confidentiality; Communications Plan; Access to Section 6.04 (Public AnnouncementsInformation) and Section 6.15(a7.15(b) (Acquisition Proposals and Alternative TransactionsNo Solicitation) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if such Sponsor was Party were an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 2 contracts

Samples: Sponsor Support Agreement (Holdco Nuvo Group D.G Ltd.), Sponsor Support Agreement (LAMF Global Ventures Corp. I)

Binding Effect of Business Combination Agreement. Sponsor hereby acknowledges that it has read the Business Combination Agreement and Sponsor has had a reasonable opportunity to consult with its tax and legal advisors. Sponsor shall be bound by, and comply with, the obligations of Purchaser pursuant to Section 6.04 5.04(b) (Confidentiality, Public Announcements) and Section 6.15(a) 5.18 (Acquisition Proposals and Alternative Transactions) of the Business Combination Agreement (and any relevant definitions contained in such Sections) as if Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 2 contracts

Samples: Sponsor Support Agreement (Clean Earth Acquisitions Corp.), Business Combination Agreement (Clean Earth Acquisitions Corp.)

Binding Effect of Business Combination Agreement. Sponsor hereby acknowledges that it has read the Business Combination Agreement and this Sponsor Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. Sponsor shall be bound by, and comply with, the obligations of Purchaser pursuant to Section 6.04 Sections 7.01 (No Solicitation) and 7.09 (Public Announcements) and Section 6.15(a) (Acquisition Proposals and Alternative TransactionsAnnouncement) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 2 contracts

Samples: Sponsor Agreement (BioPlus Acquisition Corp.), Sponsor Agreement (DHC Acquisition Corp.)

Binding Effect of Business Combination Agreement. Sponsor Each Insider hereby acknowledges that it has read the Business Combination Agreement and Sponsor this Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. The Sponsor shall be bound by, be subject to and comply withwith Sections 7.3 (Confidentiality), the obligations of Purchaser pursuant to Section 6.04 7.4 (Exclusivity) and 7.9 (Public Announcements) and Section 6.15(a) (Acquisition Proposals and Alternative Transactions) of the Business Combination Agreement (and any relevant definitions contained in such Sections) as if the Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Support Agreement (Nabors Energy Transition Corp.)

Binding Effect of Business Combination Agreement. Sponsor hereby acknowledges that it Sponsor has read the Business Combination Agreement and Sponsor this Agreement and has had a reasonable the opportunity to consult with its Sponsor’s tax and legal advisors. Sponsor shall be bound by, by and comply with, the obligations of Purchaser pursuant to with Section 6.04 11.12 (Public Announcements) and Section 6.15(a) (Acquisition Proposals and Alternative TransactionsPublicity) of the Business Combination Agreement (and any relevant definitions contained in such SectionsSection) as if Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Sponsor Support Agreement (Jupiter Acquisition Corp)

Binding Effect of Business Combination Agreement. The Sponsor hereby acknowledges that it has read the Business Combination Agreement and this Sponsor Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. The Sponsor shall be bound by, by and comply with, the obligations of Purchaser pursuant to Section 6.04 with Sections 7.7 (Public AnnouncementsNo Solicitation by SPAC) and Section 6.15(a) 10.12 (Acquisition Proposals and Alternative TransactionsPublicity) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if the Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Sponsor Support Agreement (Chenghe Acquisition Co.)

Binding Effect of Business Combination Agreement. Sponsor Each of the Sponsors hereby acknowledges that it has read the Business Combination Agreement and this Sponsor Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. Sponsor Each of the Sponsors shall be bound by, by and comply with, the obligations of Purchaser pursuant to Section 6.04 with Sections 7.7 (Public AnnouncementsNo Solicitation by SPAC) and Section 6.15(a) 10.12 (Acquisition Proposals and Alternative TransactionsPublicity) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if Sponsor each of the Sponsors was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Sponsor Support Agreement (Chenghe Acquisition I Co.)

Binding Effect of Business Combination Agreement. The Sponsor hereby acknowledges that it has read the Business Combination Agreement and this Sponsor Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. The Sponsor shall be bound by, by and comply withwith Sections 5.9 (Transactions with Affiliates), the obligations of Purchaser pursuant to Section 6.04 5.17 (Investigation; No Other Representation) and 6.4 (Public Announcements) and Section 6.15(a) (Acquisition Proposals and Alternative Transactions) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if the Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Sponsor Support Agreement (Qell Acquisition Corp)

Binding Effect of Business Combination Agreement. Sponsor hereby acknowledges that it Sponsor has read the Business Combination Agreement and Sponsor this Agreement and has had a reasonable the opportunity to consult with its Sponsor’s tax and legal advisors. Sponsor shall be bound by, by and comply with, the obligations of Purchaser pursuant to with Section 6.04 12.12 (Public Announcements) and Section 6.15(a) (Acquisition Proposals and Alternative TransactionsPublicity) of the Business Combination Agreement (and any relevant definitions contained in such SectionsSection) as if Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Sponsor Support Agreement (Bite Acquisition Corp.)

Binding Effect of Business Combination Agreement. Each Sponsor hereby acknowledges that it has read the Business Combination Agreement and this Sponsor Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. Each Sponsor shall be bound by, by and comply with, the obligations of Purchaser pursuant to Section 6.04 with Sections 6.4 (Public Announcements) and Section 6.15(a) 6.6 (Acquisition Proposals and Alternative TransactionsExclusive Dealing) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if such Sponsor was an original signatory to the Business Combination Agreement with respect to such provisionsprovisions and each reference to THMA in such provision referred to each Sponsor.

Appears in 1 contract

Samples: Sponsor Support Agreement (Thimble Point Acquisition Corp.)

Binding Effect of Business Combination Agreement. The Sponsor hereby acknowledges that it has read the Business Combination Agreement and Sponsor this SPAC Investor Support Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. The Sponsor shall be bound by, by and comply withwith Sections 8.2 (No Solicitation by SPAC) (but only with respect to Business Combination Proposals involving SPAC), the obligations of Purchaser pursuant to Section 6.04 9.12 (Public AnnouncementsConfidentiality) and Section 6.15(a) 12.12 (Acquisition Proposals and Alternative TransactionsPublicity) of the Business Combination Agreement (and any relevant definitions contained in such Sections) as if the Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Joinder Agreement (SC Health Corp)

Binding Effect of Business Combination Agreement. The Sponsor hereby acknowledges that it has read the Business Combination Agreement and Sponsor this Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. The Sponsor shall be bound by, be subject to and comply withwith Sections 6.06 (No Solicitation), the obligations of Purchaser pursuant to Section 6.04 6.15 (Public Announcements) and Section 6.15(a) 6.16 (Acquisition Proposals and Alternative TransactionsConfidential Information) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if the Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Sponsor Support Agreement (Inflection Point Acquisition Corp.)

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Binding Effect of Business Combination Agreement. Sponsor hereby acknowledges that it has read the Business Combination Agreement and Sponsor this Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. Sponsor shall be bound by, by and comply withwith Section 2.5 (Restrictions on Sponsor Shares), the obligations Section 4.19 (Compliance with Laws), Section 7.6 (Extensions), Section 7.8 (Loan for Sponsor), Section 8.8 (Payment of Purchaser pursuant to Section 6.04 (Public AnnouncementsExpenses) and Section 6.15(a) 11.13 (Acquisition Proposals and Alternative TransactionsPublicity) of the Business Combination Agreement (and any relevant definitions defined terms contained in any such Sections) as if Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Sponsor Support Agreement (Corner Growth Acquisition Corp.)

Binding Effect of Business Combination Agreement. The Sponsor hereby acknowledges that it has read the Business Combination Agreement and this Sponsor Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. The Sponsor shall be bound by, by and comply with, the obligations with Sections 11.04(b) (Exclusivity) in respect of Purchaser pursuant to Section 6.04 (Public Announcements) any Business Combination Proposal and Section 6.15(a) 11.06 (Acquisition Proposals and Alternative TransactionsConfidentiality; Publicity) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if the Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Sponsor Support Agreement (SDCL EDGE Acquisition Corp)

Binding Effect of Business Combination Agreement. Sponsor hereby acknowledges that it has read the Business Combination Agreement and Sponsor has had a reasonable the opportunity to consult with its tax and legal advisors. Sponsor shall be bound by, by and comply with, with the obligations of Purchaser pursuant to Section 6.04 6.04(b) (Confidentiality, Public Announcements) and Section 6.15(a) 6.21 (Acquisition Proposals and Alternative Transactions) of the Business Combination Agreement (and any relevant definitions contained in such Sections) as if Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Support Agreement (Magnum Opus Acquisition LTD)

Binding Effect of Business Combination Agreement. The Sponsor hereby acknowledges that it has read the Business Combination Agreement and this Sponsor Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. The Sponsor shall be bound by, by and comply with, the obligations of Purchaser pursuant to Section 6.04 with Sections 6.4 (Public Announcements) and Section 6.15(a) 6.6 (Acquisition Proposals and Alternative TransactionsExclusive Dealing) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if the Sponsor was an original signatory to the Business Combination Agreement with respect to such provisionsprovisions and each reference to DHHC in such provisions referred to the Sponsor.

Appears in 1 contract

Samples: Sponsor Support Agreement (DiamondHead Holdings Corp.)

Binding Effect of Business Combination Agreement. The Sponsor hereby acknowledges that it has read the Business Combination Agreement and this Sponsor Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. The Sponsor shall hereby agrees to be bound by, by and comply withwith Sections 8.2 (No Solicitation by SPAC), the obligations of Purchaser pursuant to Section 6.04 10.9 (Public AnnouncementsConfidentiality) and Section 6.15(a) 13.12 (Acquisition Proposals and Alternative TransactionsPublicity) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if the Sponsor was an original signatory to the Business Combination Agreement with respect to such provisionsprovisions to the same extent as such provisions apply to SPAC.

Appears in 1 contract

Samples: Sponsor Support Agreement (Everest Consolidator Acquisition Corp)

Binding Effect of Business Combination Agreement. Each Sponsor hereby acknowledges that it has read the Business Combination Agreement and this Sponsor Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. Each Sponsor shall be bound by, by and comply with, the obligations of Purchaser pursuant to with Section 6.04 7.11 (Public Announcements) and Section 6.15(a) (Acquisition Proposals and Alternative Transactions) of the Business Combination Agreement (and any relevant definitions contained in such SectionsSection) as if such Sponsor was an original signatory to the Business Combination Agreement with respect to such provisionsprovision and each reference to Apex in such provision referred to such Sponsor.

Appears in 1 contract

Samples: Sponsor Support Agreement (Apex Technology Acquisition Corp)

Binding Effect of Business Combination Agreement. Each Sponsor hereby acknowledges that it has read the Business Combination Agreement and this Sponsor Agreement and has had a reasonable the opportunity to consult with its tax and legal advisors. Each Sponsor shall be bound by, by and comply with, the obligations of Purchaser pursuant to Section 6.04 with Sections 7.4 (Public AnnouncementsNo Solicitation by Bright Lights) and Section 6.15(a) 11.12 (Acquisition Proposals and Alternative TransactionsPublicity) of the Business Combination Agreement (and any relevant definitions contained in any such Sections) as if such Sponsor was an original signatory to the Business Combination Agreement with respect to such provisions.

Appears in 1 contract

Samples: Sponsor Support Agreement (Bright Lights Acquisition Corp.)

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