Common use of Joinder to Letter Agreement and Registration Rights Agreement Clause in Contracts

Joinder to Letter Agreement and Registration Rights Agreement. In connection with the transfer of the Assigned Securities to the Investor, the Investor shall execute a joinder to the Letter Agreement and the Registration Rights Agreement in substantially the form attached here to as Exhibit B (the “Joinder”) pursuant to which the Investor shall agree with BFAC, in accordance with Section 9 of the Letter Agreement, to be bound by the transfer restrictions set forth in, and to be subject to, solely Section 9 of the Letter Agreement (but subject to the Carve-Out), solely with respect to the Assigned Securities and to be bound by the terms and provisions of the Registration Rights Agreement as a “Holder” thereunder with respect to the Assigned Securities (upon acquisition thereof) as “Registrable Securities” thereunder and BFAC hereby agrees to execute the Joinder contemporaneously with the closing of the Initial Business Combination and transfer of the Assigned Securities from the Sponsor to the Investor. Notwithstanding anything in this Agreement or the Joinder to the contrary, the Investor shall be released with respect to the Assigned Securities from any transfer or lock-up restrictions under the Letter Agreement or the Registration Rights Agreement to the same proportional extent as the Sponsor is released from such restrictions with respect to its remaining Founder Shares.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (Battery Future Acquisition Corp.)

AutoNDA by SimpleDocs

Joinder to Letter Agreement and Registration Rights Agreement. In connection with the transfer of the Assigned Securities to the Investor, the Investor shall execute a joinder to the Letter Agreement and the Registration Rights Agreement in substantially the form attached here to as Exhibit B (the “Joinder”) pursuant to which the Investor shall agree with BFACCDAQ, in accordance with Section 9 7 of the Letter Agreement, to be bound by the transfer restrictions set forth in, and to be subject to, solely Section 9 7 of the Letter Agreement (but subject to the Carve-Out), solely with respect to the Assigned Securities and to be bound by the terms and provisions of the Registration Rights Agreement as a “Holder” thereunder with respect to the Assigned Securities (upon acquisition thereof) as “Registrable Securities” thereunder and BFAC CDAQ hereby agrees to execute the Joinder contemporaneously with the closing of after the Initial Business Combination and in connection with the transfer of the Assigned Securities from the Sponsor to the Investor. Notwithstanding anything in this Agreement or the Joinder to the contrary, the Investor shall be released with respect to the Assigned Securities from any transfer or lock-up restrictions under the Letter Agreement or the Registration Rights Agreement to the same proportional extent as the Sponsor is released from such restrictions with respect to its remaining Founder Shares.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (Compass Digital Acquisition Corp.)

Joinder to Letter Agreement and Registration Rights Agreement. In connection with the transfer of the Assigned Securities to the Investor, the Investor shall execute a joinder to the Letter Agreement and the Registration Rights Agreement in substantially the form attached here to as Exhibit B (the “Joinder”) pursuant to which the Investor shall agree with BFACthe Company, in accordance with Section 9 of the Letter Agreement, to be bound by the transfer restrictions set forth in, and to be subject to, solely Section 9 of the Letter Agreement (but subject to the Carve-Out), solely with respect to the Assigned Securities and to be bound by the terms and provisions of the Registration Rights Agreement as a “Holder” thereunder with respect to the Assigned Securities (upon acquisition thereof) as “Registrable Securities” thereunder and BFAC the Company hereby agrees to execute the Joinder contemporaneously with the closing of the Initial Business Combination and transfer of the Assigned Securities from the Sponsor Insider to the Investor. Notwithstanding anything in this Agreement or the Joinder to the contrary, the Investor shall be released with respect to the Assigned Securities from any transfer or lock-up restrictions under the Letter Agreement or the Registration Rights Agreement to the same proportional extent as the Sponsor Insider is released from such restrictions with respect to its remaining Founder Shares.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (EVe Mobility Acquisition Corp)

AutoNDA by SimpleDocs

Joinder to Letter Agreement and Registration Rights Agreement. In connection with the transfer of the Assigned Securities to the Investor, the Investor shall execute a joinder to the Letter Agreement and the Registration Rights Agreement in substantially the form attached here to as Exhibit B (the “Joinder”) pursuant to which the Investor shall agree with BFAC, in accordance with Section 9 of the Letter Agreement, to be bound by the transfer restrictions set forth in, and to be subject to, solely Section 9 of the Letter Agreement (but subject to the Carve-Out), solely with respect to the Assigned Securities and to be bound by the terms and provisions of the Registration Rights Agreement as a “Holder” thereunder with respect to the Assigned Securities (upon acquisition thereof) as “Registrable Securities” thereunder and BFAC hereby agrees to execute the Joinder contemporaneously with the closing of the Initial Business Combination and transfer of the Assigned Securities from the Sponsor Insider to the Investor. Notwithstanding anything in this Agreement or the Joinder to the contrary, the Investor shall be released with respect to the Assigned Securities from any transfer or lock-up restrictions under the Letter Agreement or the Registration Rights Agreement to the same proportional extent as the Sponsor Insider is released from such restrictions with respect to its remaining Founder Shares.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (Battery Future Acquisition Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!