Common use of No Ownership Interests Clause in Contracts

No Ownership Interests. To the fullest extent permitted by applicable law, nothing contained in this Agreement shall be deemed to vest in any Person any direct or indirect ownership or incidence of ownership of or with respect to any Restricted Securities. All rights, ownership and economic benefits of and relating to the Restricted Securities shall remain vested in and belong to the applicable party. To the fullest extent permitted by applicable law, nothing in this Agreement shall be interpreted as creating or forming a “group” with any other Person for the purposes of Rule 13d-5(b)(1) of the Exchange Act or for any other similar provision of applicable law.

Appears in 2 contracts

Samples: Voting Agreement (Rowan Marc J), Voting Agreement (LDB 2014 LLC)

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No Ownership Interests. To the fullest extent permitted by applicable lawExcept as provided in this Agreement, nothing contained in this Agreement shall be deemed to vest in the Company, 10X, or any Person holder of a proxy or power of attorney granted hereunder, any direct or indirect ownership or incidence of ownership of or with respect to any Restricted SecuritiesVoting Shares. All Except as provided in this Agreement, all rights, ownership and economic benefits of and relating to the Restricted Securities Voting Shares shall remain vested in and belong to the applicable partyVoting Parties. To the fullest extent permitted by applicable law, nothing Nothing in this Agreement shall be interpreted as creating or forming a “group” with any other Person for the purposes of Rule 13d-5(b)(1) of the Exchange Act or for any other similar provision of applicable law.

Appears in 2 contracts

Samples: Merger Agreement (10X Capital Venture Acquisition Corp), Support Agreement (REE Automotive Ltd.)

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