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Non-Redemption Sample Clauses

Non-RedemptionThe Holder hereby agrees to either not request redemption or to reverse any previously submitted redemption demand with respect to an aggregate of _____ Public Shares (“Non-Redeemed Shares”) it holds at the Meeting; provided that in no event xxxx Xxxxxx be required to hold a number of Public Shares representing in excess of 9.9% of the total number of shares of Class A common stock of the Company following the effectuation of the Extension Proposal. The Holder shall have no obligation to hold any Public Shares following the effectuation of the Extension.
Non-Redemption. The Holder hereby agrees either not to request redemption in connection with the Extension or to reverse any previously submitted redemption demand in connection with the Extension with respect to the aggregate number of Class A Ordinary Shares set forth on Exhibit A hereto (“Non-Redeemed Shares”) it holds. The Non-Redeemed Shares held by the Holder shall not be subject to any transfer restrictions other than with respect to this Section 1, and the Holder shall have no obligation to hold any Class A Ordinary Shares following the date of the Meeting. Nothing in this Agreement is intended to restrict or prohibit the Holder’s ability to redeem any Class A Ordinary Shares other than the Non-Redeemed Shares. The Holder shall provide the Company with such documentation evidencing its ownership, or reversed redemption, of the Non-Redeemed Shares as of the date of the Meeting as the Company shall reasonably request. The Company shall provide the Holder with the final number of Class A Ordinary Shares immediately following completion of the Extension no later than 9:30 AM Eastern Time on the date of the Meeting (or such earlier time as necessary to allow Holder the reasonable opportunity to reverse any previously submitted redemption demand in connection with the Extension).
Non-Redemption. Each Parent Shareholder hereby irrevocably and unconditionally agrees not to redeem, elect to redeem or tender or submit any of its Subject Parent Equity Securities for redemption in connection with such shareholder approval, the Merger, the Parent Proposals or any other transactions contemplated by the Merger Agreement or the Extension Proposal (the “Transactions”) and any attempt to redeem such Subject Parent Equity Securities will be void ab initio and of no effect.
Non-Redemption. The Holder hereby agrees either not to request redemption in connection with the Extension or to reverse any previously submitted redemption demand in connection with the Extension with respect to the aggregate number of shares of GigCapital5 Common Stock set forth on Exhibit A hereto (“Non-Redeemed GigCapital5 Shares”) it holds; provided that in no event xxxx Xxxxxx be required to hold a number of shares of GigCapital5 Common Stock representing in excess of 9.9% of the total number of shares of GigCapital5 Common Stock outstanding following the effectuation of the Extension Proposal. The Non-Redeemed GigCapital5 Shares held by the Holder shall not be subject to any transfer restrictions other than with respect to this Section 1, and the Holder shall have no obligation to hold any shares of GigCapital5 Common Stock following the date of the Meeting. Nothing in this Agreement is intended to restrict or prohibit the Holder’s ability to redeem any shares of GigCapital5 Common Stock other than the Non-Redeemed GigCapital5 Shares. The Company shall provide the Holder with the final number of the GigCapital5 Common Stock immediately following completion of the Extension no later than 9:00 AM Eastern Time on the date of the Meeting (or such earlier time as necessary to allow Holder the reasonable opportunity to reverse any previously submitted redemption demand in connection with the Extension).
Non-Redemption. (a) The Holder irrevocably and unconditionally hereby agrees to either not request redemption or to reverse any previously submitted redemption demand in connection with any vote of the stockholders of the Company in connection with which the Holder would otherwise have been entitled to redeem the Non-Redeemed Shares (as defined below) (including, without limitation, any proposal to extend the time the Company has to consummate an initial business combination, and in connection with the approval of the Business Combination) with respect to: (i) [•] Public Shares held by the Holder as of the date of this Agreement (the “Existing Shares”); and (ii) up to [•] Public Shares (the “Acquired Share Cap” and, the Acquired Share Cap together with the Existing Shares, the “Non-Redeemed Share Cap”) that the Holder may acquire on or prior to the date that is 30 calendar days from the date of this Agreement (the “Acquisition Deadline”), (the Existing Shares, together with the number of Public Shares the Holder actually acquires on or before the Acquisition Deadline up to the Acquired Share Cap, the “Non-Redeemed Shares”). (b) Upon the written request of the Holder, the Acquisition Deadline specified in Section 1(a)(ii) hereof may be extended with the written consent of the Company, which consent may be withheld in the Company’s sole and absolute discretion. (c) Within two (2) business days of the Acquisition Deadline (as such date may be extended with the written consent of the Company pursuant to Section 1(b) hereof) the Holder hereby agrees to provide written notice to the Company: (i) of the total number of Non-Redeemed Shares it has acquired pursuant to 1(a)(ii); (ii) of the total number of Non-Redeemed Shares it held as of the Acquisition Deadline; (iii) attaching evidence or proof of ownership of such Non-Redeemed shares in a form reasonably satisfactory to the Company; and (iv) representing to the Company that no acquisition of Non-Redeemed Shares pursuant to 1(a)(ii) was made for a price of greater than $10.22 per Public Share. (d) Subject to Section 1(f) hereof, the Holder further irrevocably and unconditionally hereby agrees to hold the Non-Redeemed Shares until the earlier of: (i) the business day following the meeting of the stockholders of the Company at which the stockholders vote on and approve the consummation of the Business Combination; and (ii) the Expiration Date (such earliest date, the “Non—Redemption End Date”). (e) For the avoidance of doubt, exc...
Non-Redemption. The Holder hereby agrees to either not request redemption in connection with the Extension or to reverse any previously submitted redemption demand in connection with the Extension with respect to the aggregate number of shares of Class A Common Stock set forth on Exhibit A hereto (“Non-Redeemed Shares”) it holds; provided that in no event xxxx Xxxxxx be required to hold a number of shares of Class A Common Stock representing in excess of 9.9% of the total number of shares of Class A Common Stock of the Company outstanding following the redemption of Class A Common Stock in connection with the Meeting. The Non-Redeemed Shares held by the Holder shall not be subject to any transfer restrictions other than with respect to this Section 1, and the Holder shall have no obligation to hold any shares of Class A Common Stock following the effectuation of the Extension. Nothing in this Agreement is intended to restrict or prohibit the Holder’s ability to redeem any shares of Class A Common Stock other than the Non-Redeemed Shares and, in the case of the Non-Redeemed Shares, the restrictions on the Holder’s ability to redeem shall only apply with respect to the Extension. The Company will file a Current Report on Form 8-K under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), reporting the number of shares of Class A Common Stock tendered for redemption prior to the redemption deadline, no later than 9:30 a.m. Eastern Time on the date following the redemption deadline.
Non-RedemptionThe Sponsor hereby unconditionally and irrevocably agrees that during the period from the date hereof through the Termination Date, the Sponsor shall not elect to redeem or tender or submit for redemption any of the Sponsor Shares pursuant to or in connection with any vote for the approval of any extension of the deadline for the SPAC to consummate its initial business combination.
Non-Redemption. Each Sponsor Party hereby irrevocably and unconditionally agrees that if SPAC seeks shareholder approval of (a) the transactions contemplated by the Business Combination Agreement or any Transaction Agreement or (b) the Extension Proposal, it or he shall not redeem any SPAC Shares owned by it or him in connection with any such shareholder approval. This Section 1 shall be void and of no force and effect if the Business Combination Agreement shall be terminated in accordance with its terms.
Non-Redemption. The Investor hereby agrees to not request redemption and, if applicable, to reverse any previously submitted redemption demand(s), with respect to the Non-Redeemed Shares. For purposes of this Agreement, “Non-Redeemed Shares” shall mean an amount of Class A ordinary shares held by the Investor equal to the lesser of (i) [●] Public Shares and (ii) 9.9% of the total number of outstanding Public Shares immediately following completion of the Extension Redemption. The Investor shall have no obligation to hold any Public Shares following the effectuation of the Extension. Nothing in this Agreement is intended to restrict or prohibit the Investor’s ability to redeem any Public Shares other than the Non-Redeemed Shares. The Sponsor shall provide the Investor with the final number of Public Shares immediately following completion of the Extension Redemption no later than 2:30 p.m. Eastern on the date of the Meeting.
Non-Redemption. (a) The Purchaser has indicated an interest in purchasing 400,000 of the Public Units to be sold in the IPO (the “Securities”). (b) If the Purchaser acquires any Securities, the Purchaser agrees to not (i) sell the Securities prior to the closing of the Business Combination or redeem the Securities, or (ii) redeem any Public Shares acquired in the IPO as set forth in Section 1(a).