Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the Trust, the Company shall cause its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 77 contracts
Samples: Underwriting Agreement (Healthcare AI Acquisition Corp.), Underwriting Agreement (Green Visor Financial Technology Acquisition Corp I), Underwriting Agreement (McLaren Technology Acquisition Corp.)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the TrustTrust Account, the Company shall cause its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 31 contracts
Samples: Underwriting Agreement (PowerUp Acquisition Corp.), Underwriting Agreement (PowerUp Acquisition Corp.), Underwriting Agreement (Bullpen Parlay Acquisition Co)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the Trust, the Company shall cause its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 22 contracts
Samples: Underwriting Agreement (Investcorp India Acquisition Corp), Underwriting Agreement (Investcorp India Acquisition Corp), Underwriting Agreement (Investcorp Europe Acquisition Corp I)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the TrustTrust Account, the Company shall cause its Board of Directors to review and approve all payments made by the Company to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 10 contracts
Samples: Underwriting Agreement (ONS Acquisition Corp.), Underwriting Agreement (ONS Acquisition Corp.), Underwriting Agreement (Ahren Acquisition Corp.)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the TrustTrust Account, the Company shall cause its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 10 contracts
Samples: Underwriting Agreement (Clean Earth Acquisitions Corp.), Underwriting Agreement (Clean Earth Acquisitions Corp.), Underwriting Agreement (Clean Earth Acquisitions Corp.)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the TrustTrust Account, the Company shall cause its Board board of Directors directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 7 contracts
Samples: Underwriting Agreement (SilverBox Corp IV), Underwriting Agreement (SilverBox Corp IV), Underwriting Agreement (SilverBox Corp IV)
Independent Director Review of Expenses. Prior to the consummation of the Initial initial Business Combination or the liquidation of the Trust, the Company shall cause its Board of Directors to review and approve all payments made to the SponsorSponsors, any of the Company’s directors or executive officers, any special advisor, advisor or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 5 contracts
Samples: Underwriting Agreement (Capitol Investment Corp. VI), Underwriting Agreement (Capitol Investment Corp. VI), Underwriting Agreement (Capitol Investment Corp. VII)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the Trust, the Company shall cause its Board of Directors (or a committee thereof) to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 5 contracts
Samples: Underwriting Agreement (Spartan Acquisition Corp. IV), Underwriting Agreement (Spartan Acquisition Corp. IV), Underwriting Agreement (Spartan Acquisition Corp. III)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the Trust, the Company shall cause its Board of Directors to review and approve all payments made to the SponsorSponsors, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 4 contracts
Samples: Underwriting Agreement (Capitol Investment Corp. IV), Underwriting Agreement (Capitol Investment Corp. IV), Underwriting Agreement (Capitol Acquisition Corp. III)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the TrustTrust Account, the Company shall cause its Board board of Directors directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, advisor or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 4 contracts
Samples: Underwriting Agreement (DHC Acquisition Corp.), Underwriting Agreement (Kernel Group Holdings, Inc.), Underwriting Agreement (Kernel Group Holdings, Inc.)
Independent Director Review of Expenses. Prior to the earlier of consummation of the Initial Business Combination or the liquidation of the TrustTrust Account, the Company shall cause its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 2 contracts
Samples: Underwriting Agreement (ESGEN Acquisition Corp), Underwriting Agreement (ESGEN Acquisition Corp)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the Trust, the Company shall cause its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, officers or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 2 contracts
Samples: Underwriting Agreement (TLGY Acquisition Corp), Underwriting Agreement (TLGY Acquisition Corp)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the Trust, the Company shall cause its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 2 contracts
Samples: Underwriting Agreement (Twelve Seas Investment Co IV TMT), Underwriting Agreement (Twelve Seas Investment Co IV TMT)
Independent Director Review of Expenses. Prior to the consummation of the Initial initial Business Combination or the liquidation of the Trust, the Company shall cause its Board of Directors or the audit committee of its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, advisor or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 2 contracts
Samples: Underwriting Agreement (Gobi Acquisition Corp.), Underwriting Agreement (Gobi Acquisition Corp.)
Independent Director Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the TrustTrust Account, the Company shall cause the audit committee of its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 2 contracts
Samples: Underwriting Agreement (Black Spade Acquisition Co), Underwriting Agreement (Black Spade Acquisition Co)
Independent Director Review of Expenses. Prior to the earlier of the consummation of the Initial Business Combination or the liquidation of the Trust, the Company shall cause its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 1 contract
Samples: Underwriting Agreement (Investcorp Europe Acquisition Corp I)
Independent Director Review of Expenses. Prior to the consummation of the Initial initial Business Combination or the liquidation of the Trust, the Company shall cause its Board of Directors to review and approve all payments made to the Sponsor, any of the Company’s directors or executive officers, any special advisor, advisor or any of the Company’s or their respective affiliates, with any interested directors abstaining from such review and approval.
Appears in 1 contract
