Common use of Business Combination Vote Clause in Contracts

Business Combination Vote. It is acknowledged and agreed that the Company shall not enter into a definitive agreement regarding a proposed Business Combination without the prior consent of the Sponsor. The Insider agrees that if the Company seeks shareholder approval of a proposed initial Business Combination, then in connection with such proposed initial Business Combination, the Insider shall vote all Founder Shares and any Public Shares held by the Insider in favor of such proposed initial Business Combination (including any proposals recommended by the Board in connection with such Business Combination) and not redeem any Public Shares held by the Insider in connection with such shareholder approval.

Appears in 7 contracts

Samples: Letter Agreement (Deep Lake Capital Acquisition Corp.), Letter Agreement (Deep Lake Capital Acquisition Corp.), Letter Agreement (Deep Lake Capital Acquisition Corp.)

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Business Combination Vote. It is acknowledged and agreed that the Company shall not enter into a definitive agreement regarding a proposed Business Combination without the prior consent of the Sponsor. The Insider agrees that if the Company seeks shareholder approval of a proposed initial Business Combination, then in connection with such proposed initial Business Combination, the Insider shall vote all Founder Shares and any Public Shares held by the Insider in favor of such proposed initial Business Combination (including any proposals recommended by [the Company’s Board of Directors (the “Board”)]/[the Board] in connection with such Business Combination) and not redeem any Public Shares held by the Insider in connection with such shareholder approval.

Appears in 3 contracts

Samples: Letter Agreement (Avista Public Acquisition Corp. II), Letter Agreement (Avista Public Acquisition Corp. II), Letter Agreement (Avista Public Acquisition Corp. II)

Business Combination Vote. It is acknowledged and agreed that the Company shall not enter into a definitive agreement regarding a proposed Business Combination without the prior consent of the Sponsor. The Insider agrees that if the Company seeks shareholder approval of a proposed initial Business Combination, then in connection with such proposed initial Business Combination, the Insider he shall vote all Founder Shares and any Public Shares held by the Insider him in favor of such proposed initial Business Combination (including any proposals recommended by the Board in connection with such Business Combination) and not redeem any Public Shares held by the Insider him in connection with such shareholder approval.

Appears in 2 contracts

Samples: Letter Agreement (Emerging Markets Horizon Corp.), Letter Agreement (Emerging Markets Horizon Corp.)

Business Combination Vote. It is acknowledged and agreed that the Company shall not enter into a definitive agreement regarding a proposed Business Combination without the prior consent of the Sponsor. The Insider agrees that if the Company seeks shareholder approval of a proposed initial Business Combination, then in connection with such proposed initial Business Combination, the Insider shall vote all Founder Shares and any Public Shares held by the Insider in favor of such proposed initial Business Combination (including any proposals recommended by Company’s Board of Directors (the Board “Board”) in connection with such Business Combination) and not redeem any Public Shares held by the Insider in connection with such shareholder approval.

Appears in 1 contract

Samples: Letter Agreement (Deep Lake Capital Acquisition Corp.)

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Business Combination Vote. It is acknowledged and agreed that the Company shall not enter into a definitive agreement regarding a proposed Business Combination without the prior consent of the Sponsor. The Insider agrees that if the Company seeks shareholder approval of a proposed initial Business Combination, then in connection with such proposed initial Business Combination, the Insider shall vote all Founder Shares and any Public Shares held by the Insider in favor of such proposed initial Business Combination (including any proposals recommended by [Company’s Board of Directors (the Board “Board”)] [the Board] in connection with such Business Combination) and not redeem any Public Shares held by the Insider in connection with such shareholder approval.

Appears in 1 contract

Samples: Letter Agreement (Deep Lake Capital Acquisition Corp.)

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