Cancellation of Certain SPAC Shares. All SPAC Shares that are owned by SPAC, Merger Sub, the Company or any of their respective Subsidiaries immediately prior to the Effective Time (“Excluded Shares”) shall automatically be canceled, and no Merger Consideration or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 4 contracts
Samples: Merger Agreement (Pagaya Technologies Ltd.), Merger Agreement (EJF Acquisition Corp.), Agreement and Plan of Merger (Fintech Acquisition Corp V)
Cancellation of Certain SPAC Shares. All SPAC Shares that are owned by SPAC, Merger Sub, the Company or any of their respective Subsidiaries SPAC as treasury shares immediately prior to the Effective Time (“Excluded Shares”) shall automatically be canceledcancelled, and no Merger Consideration or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 2 contracts
Samples: Business Combination Agreement (Newcourt Acquisition Corp), Business Combination Agreement
Cancellation of Certain SPAC Shares. All SPAC Shares that are owned by SPAC, Merger Sub, the Company SPAC or any wholly owned subsidiary of their respective Subsidiaries the SPAC immediately prior to the First Effective Time (“Excluded Shares”) shall automatically be canceled, and no Merger Consideration New PubCo Ordinary Shares or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 2 contracts
Samples: Business Combination Agreement (Rose Hill Acquisition Corp), Business Combination Agreement (HPX Corp.)
Cancellation of Certain SPAC Shares. All SPAC Shares that are owned by SPAC, Merger Sub, the Company SPAC as treasury shares or any wholly owned subsidiary of their respective Subsidiaries SPAC immediately prior to the Merger Effective Time (“Excluded Shares”) shall automatically be canceled, and no Merger Consideration PubCo Ordinary Shares or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Mountain Crest Acquisition Corp. V)
Cancellation of Certain SPAC Shares. All SPAC Shares that are owned by SPAC, Merger Sub, the Company Sub or any Subsidiary of their respective Subsidiaries SPAC immediately prior to the Effective Time (the “Excluded Shares”) shall automatically be canceled, cancelled and no Merger Consideration or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Cancellation of Certain SPAC Shares. All SPAC Shares that are owned by the SPAC, Second Merger Sub, the Company Sub or any wholly owned subsidiary of their respective Subsidiaries the SPAC immediately prior to the SPAC Effective Time (“Excluded Shares”) shall automatically be canceled, and no Merger Consideration New Starship Common Stock or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (FTAC Olympus Acquisition Corp.)
Cancellation of Certain SPAC Shares. All SPAC Shares that are owned by SPAC, First Merger Sub, the Company Sub or any wholly owned subsidiary of their respective Subsidiaries the SPAC immediately prior to the First Effective Time (“Excluded Shares”) Time, shall automatically be canceled, and no Merger Consideration New PubCo Ordinary Shares or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Alpha Capital Acquisition Co)
Cancellation of Certain SPAC Shares. All SPAC Shares that are owned by SPAC, Merger Sub, the Company SPAC or any wholly owned subsidiary of their respective Subsidiaries the SPAC immediately prior to the Merger Effective Time (“Excluded Shares”) shall automatically be canceled, and no Merger Consideration New PubCo Ordinary Shares or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Jaguar Global Growth Corp I)
Cancellation of Certain SPAC Shares. All SPAC Shares that are owned by SPAC, Merger Sub, the Company Target or any of their respective Subsidiaries immediately prior to the Effective Time (“Excluded Shares”) shall automatically be canceledcancelled, and no Merger Consideration or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Newcourt Acquisition Corp)