We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Side Letter Clause in Contracts

Side Letter. SPAC and Sponsor acknowledge that (i) the execution and performance of the Side Letter is a material inducement for Shareholder to execute and perform its obligations under this Agreement and (ii) Shareholder’s obligations under this Agreement are explicitly conditioned on Sponsor’s the execution and performance of the Side Letter.

Appears in 3 contracts

Samples: Voting and Non Redeemption Agreement (M3-Brigade Acquisition II Corp.), Voting and Non Redeemption Agreement (Seaport Global Acquisition II Corp.), Voting and Non Redeemption Agreement (Seaport Global Acquisition II Corp.)

Side Letter. SPAC and Sponsor acknowledge that (i) the execution and performance of the Side Letter is a material inducement for Shareholder to execute and perform its obligations under this Agreement and (ii) Shareholder’s obligations under this Agreement are explicitly conditioned on Sponsor’s the execution and performance of the Side Letter.

Appears in 1 contract

Samples: Voting and Non Redeemtion Agreement (Southport Acquisition Corp)