Common use of Most Favored Nation Clause in Contracts

Most Favored Nation. In the event the Sponsor enters one or more other non-redemption agreements before or after the execution of this Agreement in connection with the Meeting, the Sponsor represents that the terms of such other agreements are not materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor is afforded any such more favorable terms than the Investor, the Sponsor shall promptly inform the Investor of such more favorable terms in writing, and the Investors shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 11 contracts

Samples: Non Redemption Agreement and Assignment of Economic Interest (BlueRiver Acquisition Corp.), Non Redemption Agreement and Assignment of Economic Interest (BlueRiver Acquisition Corp.), Non Redemption Agreement and Assignment of Economic Interest (DHC Acquisition Corp.)

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Most Favored Nation. In the event the Sponsor enters one or more other non-redemption or forward share purchase agreements before or after the execution of this Agreement in connection with the MeetingAgreement, the Sponsor represents that the terms of such other agreements are not materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor is afforded any such more favorable terms than the Investor, the Sponsor shall promptly inform the Investor of such more favorable terms in writing, and the Investors shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 8 contracts

Samples: Non Redemption Agreement and Assignment of Economic Interest (Ciig Management Iii LLC), Non Redemption Agreement and Assignment of Economic Interest (Target Global Acquisition I Corp.), Non Redemption Agreement and Assignment of Economic Interest (Swiftmerge Acquisition Corp.)

Most Favored Nation. In the event that in connection with the Extension Proposal the Sponsor enters one or more other non-redemption or forward share purchase agreements before or after the execution of this Agreement in connection with the MeetingAgreement, the Sponsor represents that the terms of such other agreements are will not be materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor third party is afforded any such more favorable terms than the Investor, the Sponsor shall promptly inform the Investor of such more favorable terms in writing, and the Investors Investor shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 3 contracts

Samples: Non Redemption and Share Transfer Agreement (Blockchain Coinvestors Acquisition Corp. I), Non Redemption and Share Transfer Agreement (Blockchain Coinvestors Acquisition Corp. I), Non Redemption and Share Transfer Agreement (Blockchain Coinvestors Acquisition Corp. I)

Most Favored Nation. In the event the Sponsor enters or WTMA enter one or more other non-redemption agreements before or after the execution of this Agreement in connection with the Meeting, the Sponsor represents and WTMA represent that the terms of such other agreements are not materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor is afforded any such more favorable terms than the Investor, the Sponsor shall promptly inform the Investor of such more favorable terms in writing, and the Investors shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 3 contracts

Samples: Non Redemption Agreement (Welsbach Technology Metals Acquisition Corp.), Non Redemption Agreement (Welsbach Technology Metals Acquisition Corp.), Non Redemption Agreement (Welsbach Technology Metals Acquisition Corp.)

Most Favored Nation. In the event the Sponsor enters or SPAC enter one or more other non-redemption agreements before or after the execution of this Agreement in connection with the Meeting, the Sponsor represents and SPAC represent that the terms of such other agreements are not materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor is afforded any such more favorable terms than the Investor, the Sponsor shall promptly inform the Investor of such more favorable terms in writing, and the Investors Investor shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 2 contracts

Samples: Non Redemption Agreement and Assignment of Economic Interest (EVe Mobility Acquisition Corp), Non Redemption Agreement and Assignment of Economic Interest (LAMF Global Ventures Corp. I)

Most Favored Nation. In the event the Sponsor or SPAC enters into one or more other non-redemption agreements before or after the execution of this Agreement in connection with the MeetingBusiness Combination, the Sponsor represents and SPAC represent that the terms of such other agreements are not materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor is afforded any such more favorable terms than the Investor, the Sponsor and SPAC shall promptly inform the Investor of such more favorable terms in writing, and the Investors Investor shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 2 contracts

Samples: Non Redemption Agreement (Mobiv Acquisition Corp), Non Redemption Agreement (SRIVARU Holding LTD)

Most Favored Nation. In the event the Sponsor enters one or more other non-redemption agreements before or after the execution of this Agreement in connection with the MeetingAgreement, the Sponsor represents that the terms of such other agreements are will not be materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the InvestorHolder. In the event that another investor third party is afforded any such more favorable terms than the InvestorHolder, the Sponsor shall promptly inform the Investor Holder of such more favorable terms in writing, and the Investors Holder shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 2 contracts

Samples: Extension Support Agreement (Anzu Special Acquisition Corp I), Extension Support Agreement (Anzu Special Acquisition Corp I)

Most Favored Nation. In the event the Sponsor enters or the Company enter one or more other non-redemption agreements before or after the execution of this Agreement in connection with the Meeting, the Sponsor represents and the Company represent that the terms of such other agreements are not materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor is afforded any such more favorable terms than the Investor, the Sponsor shall promptly inform the Investor of such more favorable terms in writing, and the Investors shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 1 contract

Samples: Non Redemption Agreement (KnightSwan Acquisition Corp)

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Most Favored Nation. In the event the Sponsor enters or DHC enter one or more other non-redemption agreements before or after the execution of this Agreement in connection with the Meeting, the Sponsor represents and DHC represent that the terms of such other agreements are not materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor is afforded any such more favorable terms than the Investor, the Sponsor shall promptly inform the Investor of such more favorable terms in writing, and the Investors shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 1 contract

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

Most Favored Nation. In the event the Sponsor enters or LOCC enter one or more other non-redemption agreements before or after the execution of this Agreement in connection with the Meeting, the Sponsor represents and LOCC represent that the terms of such other agreements are not materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor is afforded any such more favorable terms than the Investor, the Sponsor LOCC shall promptly inform the Investor of such more favorable terms in writing, and the Investors Investor shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 1 contract

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

Most Favored Nation. In the event the Sponsor enters into one or more other non-redemption or forward share purchase agreements before or after the execution of this Agreement in connection with the MeetingAgreement, the Sponsor represents that the terms of such other agreements are not materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor is afforded any such more favorable terms than the Investor, the Sponsor shall promptly inform the Investor of such more favorable terms in writing, and the Investors Investor shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (DP Cap Acquisition Corp I)

Most Favored Nation. In the event the Sponsor enters or SPAC enter one or more other non-redemption agreements before or after the execution of this Agreement in connection with the Meeting, the Sponsor represents and SPAC represent that the terms of such other agreements are not materially more favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another investor is afforded any such more favorable terms than the Investor, the Sponsor shall promptly inform the Investor of such more favorable terms in writing, and the Investors shall have the right to elect to have such more favorable terms included herein, in which case the parties hereto shall promptly amend this Agreement to effect the same.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (Fusion Acquisition Corp. II)

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