Settlement of the Purchaser Parties’ Liabilities. Concurrently with the Closing, all outstanding liabilities of the Purchaser Parties shall be settled and paid in full and reimbursement of out-of-pocket expenses reasonably incurred by Purchaser’s or Parent’s officers, directors, or any of their respective Affiliates, in connection with identifying, investigating and consummating a business combination.
Appears in 2 contracts
Samples: Merger Agreement (ASPAC I Acquisition Corp.), Merger Agreement (Orisun Acquisition Corp.)
Settlement of the Purchaser Parties’ Liabilities. Concurrently with the Closing, all outstanding liabilities of the Purchaser Parties shall be settled and paid in full and reimbursement of out-of-pocket expenses reasonably incurred by Purchaser’s or Parent’s officers, directors, or any of their respective Affiliates, in connection with identifying, investigating and consummating a business combinationcombination shall be paid in full.
Appears in 2 contracts
Samples: Business Combination Agreement (Ace Global Business Acquisition LTD), Merger Agreement (Tottenham Acquisition I LTD)
Settlement of the Purchaser Parties’ Liabilities. Concurrently with the Closing, all outstanding liabilities of the Purchaser Parties shall be settled and paid in full and reimbursement of out-of-pocket expenses reasonably incurred by PurchaserParent’s or Parent’s officers, directors, or any of their respective Affiliates, in connection with identifying, investigating and consummating a business combination.
Appears in 1 contract
Samples: Merger Agreement (Model Performance Acquisition Corp)
