Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving the Company in which its Common Stock are converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of common stock of the Company, the Sponsor shall transfer, with respect to each Founder Share to be transferred hereunder, upon the Sponsor’s receipt thereof, the kind and amount of securities, cash or other property into which such Assigned Securities converted or exchanged.
Appears in 7 contracts
Samples: Non Redemption Agreement and Assignment of Economic Interest (Blaize, Inc.), Non Redemption Agreement and Assignment of Economic Interest (Maquia Capital Acquisition Corp), Non Redemption Agreement and Assignment of Economic Interest (KnightSwan Acquisition Corp)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving the Company in which its Common Stock the Ordinary Shares are converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of common stock ordinary shares of the Company, the Sponsor shall transfer, with respect to each Founder Share to be transferred hereunder, upon the Sponsor’s receipt thereof, the kind and amount of securities, cash or other property into which such Assigned Securities converted or exchanged.
Appears in 2 contracts
Samples: Non Redemption Agreement and Assignment of Economic Interest (Swiftmerge Acquisition Corp.), Non Redemption Agreement and Assignment of Economic Interest (Swiftmerge Acquisition Corp.)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving the Company SPAC in which its Common Stock are is converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of common stock Common Stock of the CompanySPAC, the Sponsor shall transfer, with respect to each Founder Share to be transferred hereunder, upon the Sponsor’s receipt thereof, the kind and amount of securities, cash or other property into which such Assigned Securities converted or exchanged; and the Economic Interest shall be with respect to such kind and amount of securities, cash or other property.
Appears in 1 contract
Samples: Non Redemption Agreement (Home Plate Acquisition Corp)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving the Company XXXX in which its Common Stock are is converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of common stock Common Stock of the CompanyXXXX, the Sponsor shall transfer, with respect to each Founder Share to be transferred hereunder, upon the Sponsor’s receipt thereof, the kind and amount of securities, cash or other property into which such Assigned Securities converted or exchanged; and the Economic Interest shall be with respect to such kind and amount of securities, cash or other property.
Appears in 1 contract
Samples: Form of Non Redemption Agreement (Berenson Acquisition Corp. I)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving the Company FinTech in which its the Common Stock are is converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of common stock of the CompanyCommon Stock, the Sponsor Company shall transfer, with respect to each Founder Share share of Common Stock to be transferred hereunder, upon the SponsorCompany’s receipt thereof, the kind and amount of securities, cash or other property into which such Assigned Securities a share of Common Stock was converted or exchanged.
Appears in 1 contract
Samples: Contingent Sale and Assignment of Economic Interest (Wellington Management Group LLP)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving the Company OLIT in which its Common Stock are common stock is converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of common stock shares of the CompanyOLIT, the Sponsor shall transfer, with respect to each Founder Share to be transferred hereunder, upon the Sponsor’s receipt thereof, the kind and amount of securities, cash or other property into which such Assigned Securities converted or exchanged.
Appears in 1 contract
Samples: Non Redemption Agreement and Assignment of Economic Interest (OmniLit Acquisition Corp.)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving the Company in which any of its Common Stock are Shares is converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of common stock of the CompanyCommon Shares, the Sponsor shall transfer, with respect to each Founder Share to be transferred hereunder, upon the Sponsor’s receipt thereof, the kind and amount of securities, cash or other property into which such Assigned Securities converted or exchanged.
Appears in 1 contract
Samples: Non Redemption Agreement and Assignment of Economic Interest (Deep Medicine Acquisition Corp.)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving the Company in which its Common Stock are converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or mergermerger before the assignment and transfer of the Assigned Securities pursuant to Section 1.2, in lieu of common stock of the Company, the Sponsor shall transfer, with respect to each Founder Share to be transferred hereunder, upon the Sponsor’s receipt thereof, the kind and amount of securities, cash or other property into which such Assigned Securities converted or exchanged.
Appears in 1 contract
Samples: Non Redemption Agreement and Assignment of Economic Interest (Inception Growth Acquisition LTD)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving the Company AACI in which its Common Stock Shares are converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of common stock shares of the CompanyAACI, the Sponsor shall transfer, with respect to each Founder Share to be transferred hereunder, upon the Sponsor’s receipt thereof, the kind and amount of securities, cash or other property into which such Assigned Securities converted or exchanged.
Appears in 1 contract
Samples: Non Redemption Agreement and Assignment of Economic Interest (Armada Acquisition Corp. I)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving the Company AACI in which its Common Stock Shares are converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of common stock of the CompanyCommon Shares, the Sponsor shall transfer, with respect to each Founder Share to be transferred hereunder, upon the Sponsor’s receipt thereof, the kind and amount of securities, cash or other property into which such Assigned Securities converted or exchanged.
Appears in 1 contract
Samples: Non Redemption Agreement and Assignment of Economic Interest (Armada Acquisition Corp. I)