Section 9 Waiver. Sponsor agrees that to the extent any waiver of rights under this Section 9 is ineffective as a matter of law, Sponsor has offered such waiver for the benefit of the Company as an equitable right that shall survive any statutory disqualification or bar that applies to a legal right. Sponsor acknowledges the receipt and sufficiency of consideration received from the Company hereunder in this regard.
Appears in 4 contracts
Samples: Sponsor Warrants Purchase Agreement (Blue Wolf Mongolia Holdings Corp.), Sponsor Warrants Purchase Agreement (Global Cornerstone Holdings LTD), Warrant Subscription Agreement (SCG Financial Acquisition Corp.)
Section 9 Waiver. Sponsor Each of the Sponsors agrees that to the extent any waiver of rights under this Section 9 is ineffective as a matter of law, Sponsor has each of the Sponsors have offered such waiver for the benefit of the Company as an equitable right that shall survive any statutory disqualification or bar that applies to a legal right. Sponsor Each of the Sponsors acknowledges the receipt and sufficiency of consideration received from the Company hereunder in this regard.
Appears in 2 contracts
Samples: Sponsors Warrants Purchase Agreement (Infinity China 1 Acquisition Corp), Sponsors Warrants Purchase Agreement (Infinity China 2 Acquisition Corp)
Section 9 Waiver. Sponsor agrees that that, to the fullest extent permissible under applicable law, to the extent any waiver of rights under this Section 9 is ineffective as a matter of law, Sponsor has offered such waiver for the benefit of the Company as an equitable right that shall survive any statutory disqualification or bar that applies to a legal right. Sponsor acknowledges the receipt and sufficiency of consideration received from the Company hereunder in this regard.
Appears in 2 contracts
Samples: Sponsor Warrants Purchase Agreement (ROI Acquisition Corp.), Sponsor Warrants Purchase Agreement (Azteca Acquisition Corp)
