Common use of Expiry Upon Liquidation of Trust Account Clause in Contracts

Expiry Upon Liquidation of Trust Account. If the Company is dissolved because it fails to effect an Initial Business Combination, all of the rights of holders hereunder shall terminate and all of the Warrants shall expire unexercised and worthless and as a result purchasers of the Units will have paid the full Unit purchase price solely for the share of Common Stock included in each Unit.

Appears in 11 contracts

Samples: Warrant Agreement (HCM Acquisition CO), Warrant Agreement (GHL Acquisition Corp.), Warrant Agreement (HCM Acquisition CO)

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Expiry Upon Liquidation of Trust Account. If the Company is dissolved because it fails to effect an Initial Business Combination, all of the rights of holders hereunder shall terminate and all of the Warrants shall expire unexercised and worthless worthless, and as a result purchasers of the Units will have paid the full Unit purchase price solely for the share of Common Stock included in each Unit.

Appears in 8 contracts

Samples: Warrant Agreement (Hanover-STC Acquisition Corp.), Warrant Agreement (Prospect Acquisition Corp), Warrant Agreement (Prospect Acquisition Corp)

Expiry Upon Liquidation of Trust Account. If the Company is dissolved because it fails to effect an Initial Business CombinationCombination within the applicable period set forth in its certificate of incorporation, all of the rights of holders hereunder shall terminate and all of the Warrants shall expire unexercised and worthless worthless, and as a result purchasers of the Units will have paid the full Unit purchase price solely for the share of Common Stock included in each Unit.

Appears in 8 contracts

Samples: Warrant Agreement (National Energy Resources Acquisition CO), Warrant Agreement (Capstar Acquisition Corp.), Warrant Agreement (National Energy Resources Acquisition CO)

Expiry Upon Liquidation of Trust Account. If the Company is dissolved because it fails to effect an Initial Business Combination, all of the rights of holders hereunder shall terminate and all of the Warrants shall expire unexercised and worthless and as a result purchasers of the Units will have paid the full Unit purchase price solely for the share of Common Stock included in each Unitworthless.

Appears in 4 contracts

Samples: Warrant Agreement (GSC Acquisition Co), Warrant Agreement (NTR Acquisition Co.), Warrant Agreement (NTR Acquisition Co.)

Expiry Upon Liquidation of Trust Account. If the Company is dissolved because it fails to effect an Initial Business Combination, all of the rights of holders hereunder shall terminate and all of the Warrants shall expire unexercised and worthless worthless, and as a result purchasers of the Units will have paid the full Unit purchase price solely for the share of Common Stock Ordinary Shares included in each Unit.

Appears in 2 contracts

Samples: Warrant Agreement (Overture Acquisition Corp.), Warrant Agreement (Overture Acquisition Corp.)

Expiry Upon Liquidation of Trust Account. If the Company is dissolved because it fails to effect an Initial Business Combination, all of the rights of holders hereunder shall terminate and all of the Warrants shall expire unexercised and worthless and as a result purchasers of the Units will have paid the full Unit purchase price solely for the share of Common Stock included in each Unitexpire.

Appears in 1 contract

Samples: Warrant Agreement (FinTech Acquisition Corp.)

Expiry Upon Liquidation of Trust Account. If the Company is dissolved because it fails to effect an Initial Business CombinationCombination within the required time period, all of the rights of holders hereunder shall terminate and all of the Warrants shall expire unexercised and worthless and as a result purchasers of the Units will have paid the full Unit purchase price solely for the share of Common Stock included in each Unitunexercised.

Appears in 1 contract

Samples: Warrant Agreement (Opportunity Acquisition Corp.)

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Expiry Upon Liquidation of Trust Account. If the Company is dissolved because it fails to effect an Initial Business Combination, all of the rights of holders hereunder shall terminate and all of the Warrants shall expire unexercised and worthless and as a result purchasers of the Units will have paid the full Unit purchase price solely for the share of Common Stock Ordinary Share included in each Unit.

Appears in 1 contract

Samples: Warrant Agreement (ASM Acquisition CO LTD)

Expiry Upon Liquidation of Trust Account. If the Company is dissolved because it fails to effect an Initial Business CombinationCombination within the applicable period set forth in its certificate of incorporation, all of the rights of holders hereunder shall terminate and all of the Warrants shall expire unexercised and worthless worthless, and as a result purchasers of the Public Units and the Founders’ Units will have paid the full Unit purchase price solely for the share of Common Stock included in each such Unit.

Appears in 1 contract

Samples: Warrant Agreement (BPW Acquisition Corp.)

Expiry Upon Liquidation of Trust Account. If the Company is dissolved because it fails to effect an Initial a Business CombinationCombination within the applicable period set forth in its certificate of incorporation, all of the rights of holders hereunder shall terminate and all of the Warrants shall expire unexercised and worthless worthless, and as a result purchasers of the Units will have paid the full Unit purchase price solely for the share of Common Stock included in each Unit.

Appears in 1 contract

Samples: Warrant Agreement (Raycliff Acquisition Corp)

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