Common use of Initial Business Combination Clause in Contracts

Initial Business Combination. In the event that the Company seeks to consummate an initial Business Combination with any entity that is affiliated with the Company’s initial stockholders, officers, directors or director nominees, or any of their respective affiliates, it, or a committee of independent and disinterested members of its board of directors, will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions that such initial Business Combination is fair to the Company from a financial point of view. The Company shall not pay any of the Company’s initial stockholders, officers, directors, director nominees or any of their respective affiliates any fees or compensation of any kind for services rendered to the Company prior to, or in connection with, the consummation of an initial Business Combination except as disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, none of which payments will be made from the proceeds held in the Trust Account prior to completion of the initial Business Combination.

Initial Business Combination. In the event that the Company seeks to consummate an initial Business Combination with any entity that is affiliated with the Company’s initial stockholders, officers, directors officers or director nomineesdirectors, or any of their respective affiliates, it, or a committee of independent and disinterested members of its board of directors, will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions that such initial Business Combination is fair to the Company from a financial point of view. The Company shall not pay any of the Company’s initial stockholders, officers, directors, director nominees directors or any of their respective affiliates any fees or compensation of any kind for services rendered to the Company prior to, or in connection with, the consummation of an initial Business Combination except as disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, none of which payments will be made from the proceeds held in the Trust Account prior to completion of the initial Business Combination.

Initial Business Combination. In the event that the Company seeks to consummate an initial Business Combination with any entity that is affiliated with the Company’s initial stockholdersshareholders, officers, directors officers or director nomineesdirectors, or any of their respective affiliates, it, or a committee of independent and disinterested members of its board of directors, will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions that such initial Business Combination is fair to the Company from a financial point of view. The Company shall not pay any of the Company’s initial stockholdersshareholders, officers, directors, director nominees directors or any of their respective affiliates any fees or compensation of any kind for services rendered to the Company prior to, or in connection with, the consummation of an initial Business Combination except as disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, none of which payments will be made from the proceeds held in the Trust Account prior to completion of the initial Business Combination.