No Lock-Up. The Target, the Sponsor, and the SPAC agree to take such actions as reasonably necessary to ensure that the Class B Ordinary Shares transferred to the Investor as a result of a successful De-SPAC transaction will not be subject to any additional time based lock-up requirements in the Business Combination.
Appears in 2 contracts
Samples: Loan and Transfer Agreement (TortoiseEcofin Acquisition Corp. III), Loan and Transfer Agreement (TortoiseEcofin Acquisition Corp. III)
No Lock-Up. The Target, the Sponsor, and the SPAC agree to take such actions as reasonably necessary to ensure that the Class B Ordinary Shares transferred to the Investor as a result of a successful De-SPAC transaction will not be subject to any additional time based lock-up requirements in the Business CombinationCombination Agreement.
Appears in 1 contract
Samples: Loan and Transfer Agreement (TortoiseEcofin Acquisition Corp. III)
No Lock-Up. The Target, the Sponsor, and the SPAC agree to take such actions as reasonably necessary to ensure that the Class B Ordinary A Shares transferred to the Investor as a result of a successful De-SPAC transaction will not be subject to any additional time based lock-up requirements in the Business CombinationCombination Agreement.
Appears in 1 contract
Samples: Loan and Transfer Agreement (TortoiseEcofin Acquisition Corp. III)
