Common use of Settlement of the SPAC’s Transaction Costs Clause in Contracts

Settlement of the SPAC’s Transaction Costs. From the date hereof through the Closing Date, all the Transaction Costs, other than those payable at Closing from the Trust Account, shall be settled and paid in full by the Company. In the event that this Agreement is terminated in accordance with Section 12.2(b), the SPAC shall promptly pay and reimburse the Company for all Transaction Costs paid by the Company. At the time of this Agreement and at the Closing, the SPAC shall provide the Company with schedules setting forth all liabilities, expenses, and costs owed by the SPAC and its subsidiaries as of the date of this Agreement and at the Closing, respectively.

Appears in 4 contracts

Samples: And Restated Agreement and Plan of Merger (Brilliant Acquisition Corp), And Restated Agreement and Plan of Merger (Nukkleus Inc.), Agreement and Plan of Merger (Nukkleus Inc.)

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