Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving CPTK in which 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 ordinary shares of CPTK, 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 3 contracts
Samples: Non Redemption Agreement and Assignment of Economic Interest (Crown PropTech Acquisitions), Letter Agreement (Crown PropTech Acquisitions), Letter Agreement (Crown PropTech Acquisitions)
Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving CPTK DHC in which the its 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 ordinary shares of CPTKDHC, 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 (DHC Acquisition Corp.), Non Redemption Agreement and Assignment of Economic Interest (DHC Acquisition Corp.)
