Settlement of the Parent Parties’ Liabilities. Concurrently with the Closing, all outstanding Liabilities of the Parent Parties shall be settled and paid in full and reimbursement of out-of-pocket expenses reasonably incurred by any Parent Party or any of their officers, directors, or their Affiliates, in connection with identifying, investigating and consummating a business combination.
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Samples: Agreement and Plan of Merger (Nova Vision Acquisition Corp), Agreement and Plan of Merger (Arisz Acquisition Corp.)
Settlement of the Parent Parties’ Liabilities. Concurrently with the Closing, all outstanding Liabilities liabilities of the Parent Parties shall be settled and paid in full and reimbursement of out-of-pocket expenses reasonably incurred by any Parent Party Parent’s or any of their Parent’s officers, directors, or any of their respective Affiliates, in connection with identifying, investigating and consummating a business combination.
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Samples: Agreement and Plan of Merger (Blue Safari Group Acquisition Corp)
Settlement of the Parent Parties’ Liabilities. Concurrently Subject to Section 6.6, concurrently with the Closing, all outstanding Liabilities of the Parent Parties shall be settled and paid in full and reimbursement of out-of-pocket expenses reasonably incurred and documented by any Parent Party or any of their officers, directors, or their Affiliates, in connection with identifying, investigating and consummating a business combinationcombination from the funds of the Surviving Corporation to the extent available.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Feutune Light Acquisition Corp)
Settlement of the Parent Parties’ Liabilities. Concurrently with the Closing, all outstanding Liabilities liabilities of the Parent Parties shall be settled and paid in full and reimbursement of out-of-pocket expenses reasonably incurred by any Parent Party or any of their Parent’s officers, directors, or any of their respective Affiliates, in connection with identifying, investigating and consummating a business combination.
Appears in 1 contract
