Common use of Merger or Reorganization, etc Clause in Contracts

Merger or Reorganization, etc. If prior to the assignment of the Assigned Shares to Investor there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its Common 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 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 the Assigned Securities converted or exchanged and the Economic Interest shall be with respect to such kind and amount of securities, cash or other property.

Merger or Reorganization, etc. If prior to the assignment of the Assigned Shares to the Investor there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC the Company in which its Common 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 Ordinary Shares, the Sponsor Insider shall transfer, with respect to each Founder Share to be transferred hereunder, promptly after and upon the SponsorInsider’s receipt thereof, the kind and amount of securities, cash or other property into which the such Assigned Securities converted or exchanged and the Economic Interest shall be with respect to such kind and amount of securities, cash or other propertywere exchanged.

Merger or Reorganization, etc. If prior to the assignment of the Assigned Shares to Investor there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its Common 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 Ordinary 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 the Assigned Securities converted or exchanged and the Economic Interest shall be with respect to such kind and amount of securities, cash or other property.

Merger or Reorganization, etc. If If, prior to the assignment of the Assigned Shares to Investor Investor, there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its Common 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 Ordinary 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 the Assigned Securities converted or exchanged and the Economic Interest shall be with respect to such kind and amount of securities, cash or other property.

Merger or Reorganization, etc. If prior to the assignment of the Assigned Shares to Investor there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its Common 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 SharesShares of SPAC, 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 the such Assigned Securities converted or exchanged and the Economic Interest shall be with respect to such kind and amount of securities, cash or other propertyexchanged.