Common use of Presentation of Potential Target Businesses Clause in Contracts

Presentation of Potential Target Businesses. The Company shall cause each of its officers and directors to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, each such officer and director will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire a Target Business, until the earlier of the consummation by the Company of a Business Combination, the distribution of the Trust Account or until such time as each such officer or director shall cease to be an officer or director of the Company, subject to any fiduciary obligations such officer or director might have as a result of a fiduciary relationship established prior to the establishment of a fiduciary relationship with the Company.

Appears in 4 contracts

Samples: Underwriting Agreement (Shine Media Acquisition Corp.), Underwriting Agreement (Shine Media Acquisition Corp.), Underwriting Agreement (Shine Media Acquisition Corp.)

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Presentation of Potential Target Businesses. The Company shall cause each of its officers and directors to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, each such officer and or director will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire a Target Business, until the earlier of the consummation by the Company of a Business Combination, the distribution of the Trust Account or until such time as each such the officer or director shall cease ceases to be an officer or director of the Company, subject to any fiduciary obligations such officer or director might have as a result of a fiduciary relationship that were established prior to the establishment of a such officer’s or director’s fiduciary relationship with the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Acquicor Technology Inc), Underwriting Agreement (Acquicor Technology Inc)

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Presentation of Potential Target Businesses. The Company shall cause each of its officers offices and directors to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, each such officer and or director will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire a Target Business, until the earlier of the consummation by the Company of a Business Combination, the distribution of the Trust Account or until such time as each such the officer or director shall cease ceases to be an officer or director of the Company, subject to any fiduciary obligations such officer or director might have as a result of a fiduciary relationship that were established prior to the establishment of a such officer’s or director’s fiduciary relationship with the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Oracle Healthcare Acquisition Corp.)

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