Common use of No Recourse Against Trust Account Clause in Contracts

No Recourse Against Trust Account. Sponsor agrees not to seek recourse against the Trust Account for any reason whatsoever in connection with its purchase of the Warrants or any Claim that may arise now or in the future.

Appears in 6 contracts

Samples: Sponsor Warrants Purchase Agreement (ROI Acquisition Corp.), Sponsor Warrants Purchase Agreement (Azteca Acquisition Corp), Sponsor Warrants Purchase Agreement (Blue Wolf Mongolia Holdings Corp.)

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No Recourse Against Trust Account. Sponsor Each of the Sponsors agrees not to seek recourse against the Trust Account for any reason whatsoever in connection with its purchase of the Warrants or any Claim that may arise now or in the future.

Appears in 4 contracts

Samples: Sponsors Warrants Purchase Agreement (Infinity Cross Border Acquisition Corp), Sponsors Warrants Purchase Agreement (Infinity Cross Border Acquisition Corp), Sponsors Warrants Purchase Agreement (Infinity China 1 Acquisition Corp)

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No Recourse Against Trust Account. Sponsor agrees not to seek recourse against the Trust Account for any reason whatsoever in connection with its purchase of the Warrants Purchase Option and Units or any Claim that may arise now or in the future.

Appears in 3 contracts

Samples: Securities Purchase Option Agreement (ROI Acquisition Corp.), Securities Purchase Option Agreement (ROI Acquisition Corp.), Securities Purchase Option Agreement (ROI Acquisition Corp.)

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