Common use of Merger or Reorganization, etc Clause in Contracts

Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its shares of Class A 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 shares of Class A Common Stock, SPAC shall issue or cause to be issued, with respect to each Promote Share to be issued hereunder, the kind and amount of securities, cash or other property into which each share of Class A Common Stock converted or exchanged.

Appears in 3 contracts

Samples: Non Redemption Agreement (Concord Acquisition Corp II), Non Redemption Agreement (Concord Acquisition Corp III), Non Redemption Agreement (Concord Acquisition Corp II)

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Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its shares of Class A 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 shares of Class A Common StockShares, SPAC shall issue or cause to be issued, with respect to each Promote Share to be issued hereunder, the kind and amount of securities, cash or other property into which each share of the Class A Common Stock Shares converted or exchanged.

Appears in 2 contracts

Samples: Non Redemption Agreement (FTAC Emerald Acquisition Corp.), Non Redemption Agreement (FTAC Emerald Acquisition Corp.)

Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC LOCC in which its shares of Class A 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 shares of Class A Common Stock, SPAC LOCC shall issue or cause to be issued, with respect to each Promote Share to be issued hereunder, the kind and amount of securities, cash or other property into which each share the shares of Class A Common Stock converted or exchanged.

Appears in 1 contract

Samples: Non Redemption Agreement (Live Oak Crestview Climate Acquisition Corp.)

Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its shares of Class A Common Stock 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 shares of Class A Common StockOrdinary Shares, SPAC shall issue or cause to be issued, with respect to each Promote Share to be issued hereunder, the kind and amount of securities, cash or other property into which each share of Class A Common Stock Ordinary Shares converted or exchanged.

Appears in 1 contract

Samples: Non Redemption Agreement (Perception Capital Corp. III)

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Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving SPAC in which its shares of Class A Common Stock 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 shares of Class A Common StockOrdinary Shares, SPAC shall issue or cause to be issued, with respect to each Promote Share to be issued hereunder, the kind and amount of securities, cash or other property into which each share of the Class A Common Stock Ordinary Shares converted or exchanged.

Appears in 1 contract

Samples: Non Redemption Agreement (Project Energy Reimagined Acquisition Corp.)

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