Common use of Company Not Surviving Following Exchange Event Clause in Contracts

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 29 contracts

Samples: Rights Agreement (Flag Fish Acquisition Corp), Rights Agreement (Expectation Acquisition Corp), Rights Agreement (Flag Ship Acquisition Corp)

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Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 of an Ordinary Share a share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 10 contracts

Samples: Rights Agreement, Rights Agreement (TKK SYMPHONY ACQUISITION Corp), Rights Agreement (TKK SYMPHONY ACQUISITION Corp)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 2/10 of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 6 contracts

Samples: Rights Agreement (Golden Star Acquisition Corp), Rights Agreement (TMT Acquisition Corp.), Rights Agreement (Golden Star Acquisition Corp)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 of an Ordinary Share a share of Common Stock underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares shares of Common Stock as well as to return the original certificates evidencing the Rights to the Company.

Appears in 5 contracts

Samples: Rights Agreement (Qomolangma Acquisition Corp.), Rights Agreement (Qomolangma Acquisition Corp.), Rights Agreement (Qomolangma Acquisition Corp.)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 1/5 of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 3 contracts

Samples: Rights Agreement (Eureka Acquisition Corp), Rights Agreement (Eureka Acquisition Corp), Rights Agreement (Eureka Acquisition Corp)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 1/7 of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 3 contracts

Samples: Rights Agreement (DT Cloud Star Acquisition Corp), Rights Agreement (Alpha Star Acquisition Corp), Rights Agreement (Alpha Star Acquisition Corp)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 of an Ordinary Share Common Stock underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares Common Stock as well as to return the original certificates evidencing the Rights to the Company.

Appears in 2 contracts

Samples: Rights Agreement (Alset Capital Acquisition Corp.), Rights Agreement (Alset Capital Acquisition Corp.)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 one-tenth (1/10) of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 1 contract

Samples: Rights Agreement (Drugs Made in America Acquisition Corp.)

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Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 one-eighth (1/8) of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 1 contract

Samples: Rights Agreement (Drugs Made in America Acquisition Corp.)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 one-ninth (1/9) of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 1 contract

Samples: Rights Agreement (DT Cloud Star Acquisition Corp)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 one tenth (1/10) of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 1 contract

Samples: Rights Agreement (Blue Room Acquisition Corp.)

Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 1/10 one-ninth (1/9) of an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as to return the original certificates evidencing the Rights to the Company.

Appears in 1 contract

Samples: Rights Agreement (DT Cloud Star Acquisition Corp)

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