Common use of Purchaser Notice Clause in Contracts

Purchaser Notice. Notwithstanding anything in this Agreement to the contrary, no less than ten (10) business days prior to the Business Combination Closing, the Company shall provide the Purchaser information about the terms of the Business Combination, including information about the target company in such Business Combination (such information, the “Information”). Following delivery of the Information, but no less than ten (10) business days prior to the Business Combination Closing, the Company shall provide written notice to the Purchaser of the anticipated Business Combination Closing date (“Company Notice”). If within five (5) business days after receiving the Company Notice (which five (5) business day period may be extended at the discretion of the Company), the Purchaser provides written notice to the Company that the Purchaser has determined that it no longer wishes to consummate the purchase of the Forward Purchase Shares pursuant to this Agreement, then the Sponsor will use commercially reasonable efforts to find an investor that will assume, or may itself assume or may cause its affiliate to assume, the Purchaser’s obligation to purchase the Forward Purchase Shares pursuant to this Agreement. If such Purchaser’s obligation has not been assumed pursuant to the foregoing sentence, the Company shall cancel the Purchaser’s obligation at least three (3) business days prior to the Business Combination Closing. For the avoidance of doubt, in the event the Purchaser’s obligations under this Agreement is assumed or cancelled, any restrictions on Short Sales contained in this Agreement shall terminate.