Common use of Dissenting SPAC Shares Clause in Contracts

Dissenting SPAC Shares. Each Dissenting SPAC Share issued and outstanding immediately prior to the First Effective Time held by a Dissenting SPAC Shareholder shall automatically be cancelled and cease to exist in accordance with Section 2.7(a) and shall thereafter represent only the right of such Dissenting SPAC Shareholder to be paid the fair value of such Dissenting SPAC Share and such other rights as are granted by the Cayman Act.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (L Catterton Asia Acquisition Corp), Agreement and Plan of Merger (L Catterton Asia Acquisition Corp), Agreement and Plan of Merger

AutoNDA by SimpleDocs

Dissenting SPAC Shares. Each Dissenting SPAC Share issued and outstanding immediately prior to the First Merger Effective Time held by a Dissenting SPAC Shareholder shall automatically be cancelled and cease to exist in accordance with Section 2.7(a) 3.4 and shall thereafter represent only the right of such Dissenting SPAC Shareholder to be paid the fair value of such Dissenting SPAC Share and such other rights as are granted by the Cayman Companies Act.

Appears in 1 contract

Samples: Business Combination Agreement (APx Acquisition Corp. I)

Dissenting SPAC Shares. Each Dissenting SPAC Share issued and outstanding immediately prior to the First Initial Merger Effective Time held by a Dissenting SPAC Shareholder shall automatically be cancelled and cease to exist in accordance with Section 2.7(a) and shall thereafter represent only the right of such Dissenting SPAC Shareholder to be paid the fair value of such Dissenting SPAC Share and such other rights as are granted by the Cayman Act.

Appears in 1 contract

Samples: Business Combination Agreement (Prenetics Global LTD)

Dissenting SPAC Shares. Each Dissenting SPAC Share issued and outstanding immediately prior to the First Merger Effective Time held by a Dissenting SPAC Shareholder shall automatically be cancelled and cease to exist in accordance with Section 2.7(a2.6(a) and shall thereafter represent only the right of such Dissenting SPAC Shareholder to be paid the fair value of such Dissenting SPAC Share and such other rights as are granted by pursuant to Section 238 of the Cayman Act.

Appears in 1 contract

Samples: Business Combination Agreement (SK Growth Opportunities Corp)

AutoNDA by SimpleDocs

Dissenting SPAC Shares. Each Dissenting SPAC Share issued and outstanding immediately prior to the First SPAC Merger Effective Time held by a Dissenting SPAC Shareholder shall automatically be cancelled and cease to exist in accordance with Section 2.7(a) 2.07 and shall thereafter represent only the right of such Dissenting SPAC Shareholder to be paid the fair value of such Dissenting SPAC Share and such other rights as are granted by the Cayman Islands Companies Act.

Appears in 1 contract

Samples: Business Combination Agreement (Project Energy Reimagined Acquisition Corp.)

Dissenting SPAC Shares. Each Dissenting SPAC Share issued and outstanding immediately prior to the First Merger Effective Time held by a Dissenting SPAC Shareholder shall automatically be cancelled and cease to exist in accordance with Section 2.7(a2.6(a) and shall thereafter represent only the right of such Dissenting SPAC Shareholder to be paid the fair value of such Dissenting SPAC Share and such other rights as are granted by pursuant to Section 238 of the Cayman Act.

Appears in 1 contract

Samples: Business Combination Agreement (YishengBio Co., LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.