Common use of No Solicitation by Sponsor Clause in Contracts

No Solicitation by Sponsor. From the date hereof until the Acquisition Closing Date or, if earlier, the termination of the Business Combination Agreement in accordance with Article XI (Termination/Effectiveness) thereof, Sponsor shall not, and shall cause its Subsidiaries and direct their respective Representatives not to, directly or indirectly: (a) solicit, initiate or pursue any inquiry, indication of interest, proposal or offer relating to an Acquiror Acquisition Proposal; (b) participate in or continue any discussions or negotiations with any third party with respect to, or furnish or make available, any information concerning Acquiror or any of its Subsidiaries (if applicable) to any third party relating to an Acquiror Acquisition Proposal or provide to any third-party access to the businesses, properties, assets or personnel of Acquiror or any of its Subsidiaries (if applicable), in each case for the purpose of encouraging or facilitating an Acquiror Acquisition Proposal; (c) enter into any binding understanding, binding arrangement, acquisition agreement, merger agreement or similar definitive agreement, or any letter of intent, memorandum of understanding or agreement in principle, or any other agreement with respect to an Acquiror Acquisition Proposal; or (d) grant any waiver, amendment or release under any confidentiality agreement or otherwise knowingly facilitate any such inquiries, proposals, discussions, or negotiations or any effort or attempt by any Person to make, an Acquiror Acquisition Proposal. From and after the date hereof, Sponsor shall, and shall instruct its officers and directors to, and Sponsor shall instruct and cause its Representatives, Subsidiaries (if applicable) and their respective Representatives to, immediately cease and terminate all discussions and negotiations with any Persons (other than the Company and its Representatives) with respect to an Acquiror Acquisition Proposal.

Appears in 4 contracts

Samples: Sponsor Support Agreement (MoneyHero LTD), Sponsor Support Agreement (MoneyHero LTD), Sponsor Support Agreement (Bridgetown Holdings LTD)

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No Solicitation by Sponsor. From the date hereof until the Acquisition Closing Date under the Busines Combination Agreement or, if earlier, the termination of the Business Combination Agreement in accordance with Article XI (Termination/Effectiveness) XII thereof, Sponsor shall not, and shall cause its Subsidiaries and direct their respective its Representatives not to, directly or indirectly: (a) solicit, initiate initiate, or pursue any inquiry, indication of interest, proposal or offer relating to an Acquiror Acquisition Proposal; (b) participate in or continue any discussions or negotiations with any third third-party with respect to, or furnish or make available, any information concerning Acquiror or any of its Subsidiaries (if applicable) to any third party relating to an Acquiror Acquisition Proposal Proposal, or provide to any third-party access to the businesses, properties, assets or personnel of Acquiror or any of its Subsidiaries (if applicable)Acquiror, in each case for the purpose of encouraging or facilitating an Acquiror Acquisition Proposal; (c) enter into any binding understanding, binding arrangement, acquisition agreement, merger agreement or similar definitive agreement, or any letter of intent, memorandum of understanding or agreement in principle, or any other agreement with respect to an Acquiror Acquisition Proposal; or (d) grant any waiver, amendment or release under any confidentiality agreement or otherwise knowingly facilitate any such inquiries, proposals, discussions, or negotiations or any effort or attempt by any Person to make, an Acquiror Acquisition Proposal. From and after the date hereof, Sponsor shall, and shall instruct its officers and directors to, and Sponsor shall instruct and cause its Representatives, Subsidiaries (if applicable) and their respective Representatives to, immediately cease and terminate all discussions and negotiations with any Persons (other than the Company and its Representatives) with respect to an Acquiror Acquisition Proposal.

Appears in 2 contracts

Samples: Sponsor Support and Lock Up Agreement (Fat Projects Acquisition Corp), Business Combination Agreement (Fat Projects Acquisition Corp)

No Solicitation by Sponsor. From the date hereof until the Acquisition Amalgamation Closing Date or, if earlier, the termination of the Business Combination Agreement in accordance with Article XI (Termination/Effectiveness) XII thereof, Sponsor shall not, and shall cause its Subsidiaries and direct their respective its Representatives not to, directly or indirectly: (a) solicit, initiate initiate, or pursue any inquiry, indication of interest, proposal or offer relating to an Acquiror Acquisition Proposal; (b) participate in or continue any discussions or negotiations with any third third-party with respect to, or furnish or make available, any information concerning Acquiror or any of its Subsidiaries (if applicable) to any third party relating to an Acquiror Acquisition Proposal Proposal, or provide to any third-party access to the businesses, properties, assets or personnel of Acquiror or any of its Subsidiaries (if applicable)Acquiror, in each case for the purpose of encouraging or facilitating an Acquiror Acquisition Proposal; (c) enter into any binding understanding, binding arrangement, acquisition agreement, merger agreement or similar definitive agreement, or any letter of intent, memorandum of understanding or agreement in principle, or any other agreement with respect to an Acquiror Acquisition Proposal; or (d) grant any waiver, amendment or release under any confidentiality agreement or otherwise knowingly facilitate any such inquiries, proposals, discussions, or negotiations or any effort or attempt by any Person to make, an Acquiror Acquisition Proposal. From and after the date hereof, Sponsor shall, and shall instruct its officers and directors to, and Sponsor shall instruct and cause its Representatives, Subsidiaries (if applicable) and their respective Representatives to, immediately cease and terminate all discussions and negotiations with any Persons (other than the Company and its Representatives) with respect to an Acquiror Acquisition Proposal.

Appears in 1 contract

Samples: Sponsor Support and Lock Up Agreement (Bridgetown 2 Holdings LTD)

No Solicitation by Sponsor. From the date hereof of this Agreement until the Acquisition Closing Date under the Business Combination Agreement or, if earlier, the termination of the Business Combination Agreement in accordance with Article XI (Termination/Effectiveness) thereofXII, Sponsor shall not, and shall cause its Subsidiaries and direct their respective its Representatives not to, directly or indirectly: (a) solicit, initiate initiate, or pursue any inquiry, indication of interest, proposal or offer relating to an Acquiror Acquisition Proposal; (b) participate in or continue any discussions or negotiations with any third third-party with respect to, or furnish or make available, any information concerning Acquiror or any of its Subsidiaries (if applicable) to any third party relating to an Acquiror Acquisition Proposal Proposal, or provide to any third-party access to the businesses, properties, assets or personnel of Acquiror or any of its Subsidiaries (if applicable)Acquiror, in each case for the purpose of encouraging or facilitating an Acquiror Acquisition Proposal; (c) enter into any binding understanding, binding arrangement, acquisition agreement, merger agreement or similar definitive agreement, or any letter of intent, memorandum of understanding or agreement in principle, or any other agreement with respect to an Acquiror Acquisition Proposal; or (d) grant any waiver, amendment or release under any confidentiality agreement or otherwise knowingly facilitate any such inquiries, proposals, discussions, or negotiations or any effort or attempt by any Person to make, an Acquiror Acquisition Proposal. From and after the date hereofof this Agreement, Sponsor shall, and shall instruct its officers and directors to, and Sponsor shall instruct and cause its Representatives, Subsidiaries (if applicable) and their respective Representatives to, immediately cease and terminate all discussions and negotiations with any Persons (other than the Company and its Representatives) with respect to an Acquiror Acquisition Proposal.

Appears in 1 contract

Samples: Sponsor Support Agreement (DUET Acquisition Corp.)

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No Solicitation by Sponsor. From the date hereof until the Acquisition Closing Date under the Business Combination Agreement or, if earlier, the termination of the Business Combination Agreement in accordance with Article XI (Termination/Effectiveness) X thereof, Sponsor shall not, and shall cause its Subsidiaries and direct their respective its Representatives not to, directly or indirectly: (a) solicit, initiate initiate, or pursue any inquiry, indication of interest, proposal or offer relating to an Acquiror Acquisition Proposal; (b) participate in or continue any discussions or negotiations with any third third-party with respect to, or furnish or make available, any information concerning Acquiror or any of its Subsidiaries (if applicable) to any third party relating to an Acquiror Acquisition Proposal Proposal, or provide to any third-party access to the businesses, properties, assets or personnel of Acquiror or any of its Subsidiaries (if applicable)Acquiror, in each case for the purpose of encouraging or facilitating an Acquiror Acquisition Proposal; (c) enter into any binding understanding, binding arrangement, acquisition agreement, merger agreement or similar definitive agreement, or any letter of intent, memorandum of understanding or agreement in principle, or any other agreement with respect to an Acquiror Acquisition Proposal; or (d) grant any waiver, amendment or release under any confidentiality agreement or otherwise knowingly facilitate any such inquiries, proposals, discussions, or negotiations or any effort or attempt by any Person to make, an Acquiror Acquisition Proposal. From and after the date hereof, Sponsor shall, and shall instruct its officers and directors to, and Sponsor shall instruct and cause its Representatives, Subsidiaries (if applicable) and their respective Representatives to, immediately cease and terminate all discussions and negotiations with any Persons (other than the Company and its Representatives) with respect to an Acquiror Acquisition Proposal.

Appears in 1 contract

Samples: Sponsor Support and Lock Up Agreement (Aura Fat Projects Acquisition Corp)

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