Common use of Shareholder Litigation Clause in Contracts

Shareholder Litigation. Without limiting Section 9.4 above, in the event that any litigation related to this Agreement, any other Transaction Document or the transactions contemplated hereby or thereby is brought, or, to the knowledge of Acquiror, threatened in writing, against any Acquiror Party or the board of directors of any Acquiror Party by any Acquiror Shareholders prior to the Share Exchange Closing, such Acquiror Party shall promptly after becoming aware of such litigation notify the Company of any such litigation and keep the Company reasonably informed with respect to the status thereof. Acquiror Parties shall provide the Company the opportunity to participate in (at its own cost and subject to a customary joint defense agreement), but not control, the defense of any such litigation, and shall consider in good faith the Company’s suggestions with respect to such litigation and shall not settle any such litigation without the prior written consent of the Company, such consent not to be unreasonably withheld, conditioned, delayed or denied.

Shareholder Litigation. Without limiting Section 9.4 above9.4, in the event that any litigation related to this Agreement, any other Transaction Document or the transactions contemplated hereby or thereby Transactions is brought, or, to the knowledge of AcquirorSPAC, threatened in writing, against any Acquiror Party the SPAC or the board of directors of any Acquiror Party SPAC by any Acquiror SPAC Shareholders prior to the Share Exchange Merger Closing, such Acquiror Party SPAC shall promptly after becoming aware of such litigation notify the Company Group Companies of any such litigation and keep the Company Group Companies reasonably informed with respect to the status thereof. Acquiror Parties SPAC shall provide the Company Group Companies the opportunity to participate in (at its own cost and subject to a customary joint defense agreement), but not control, the defense of any such litigation, and shall consider in good faith the Company’s suggestions of the Group Companies with respect to such litigation and shall not settle any such litigation without the prior written consent of the CompanyGroup Companies, such consent not to be unreasonably withheld, conditioned, delayed or denied.

Shareholder Litigation. Without limiting Section 9.4 8.4 above, in the event that any litigation related to this Agreement, any other Transaction Document or the transactions contemplated hereby or thereby is brought, or, to the knowledge of Acquiror, threatened in writing, against any Acquiror Party or the board of directors of any Acquiror Party by any Acquiror Shareholders prior to the Share Exchange Acquisition Closing, such Acquiror Party shall promptly after becoming aware of such litigation notify the Company of any such litigation and keep the Company reasonably informed with respect to the status thereof. Acquiror Parties shall provide the Company the opportunity to participate in (at its own cost and subject to a customary joint defense agreement), but not control, the defense of any such litigation, and shall consider in good faith the Company’s suggestions with respect to such litigation and shall not settle any such litigation without the prior written consent of the Company, such consent not to be unreasonably withheld, conditioned, delayed or denied.

Shareholder Litigation. Without limiting Section 9.4 8.4 above, in the event that any litigation related to this Agreement, any other Transaction Document or the transactions contemplated hereby or thereby is brought, or, to the knowledge of AcquirorParent, threatened in writing, against any Acquiror Purchaser Party or the board of directors of any Acquiror Purchaser Party by any Acquiror Shareholders Parent Stockholders prior to the Share Exchange Closing, such Acquiror Purchaser Party shall promptly after becoming aware of such litigation notify the Company of any such litigation and keep the Company reasonably informed with respect to the status thereof. Acquiror Purchaser Parties shall provide the Company the opportunity to participate in (at its own cost and subject to a customary joint defense agreement), but not control, the defense of any such litigation, and shall consider in good faith the Company’s suggestions with respect to such litigation and shall not settle any such litigation without the prior written consent of the Company, such consent not to be unreasonably withheld, conditioned, delayed or denied.