SPAC Treasury Shares. Notwithstanding clause (ii) above or any other provision of this Agreement to the contrary, if there are any SPAC Shares that are owned by SPAC as treasury shares or any SPAC Shares owned by any direct or indirect subsidiary of SPAC immediately prior to the Initial Merger Effective Time, such SPAC Shares shall be canceled and shall cease to exist without any conversion thereof or payment or other consideration therefor.
Appears in 3 contracts
Samples: Subscription Agreement (Grab Holdings LTD), Subscription Agreement (Altimeter Growth Corp.), Business Combination Agreement
SPAC Treasury Shares. Notwithstanding clause (iiSection 2.3(c) above or any other provision of this Agreement to the contrary, if there are any SPAC Shares that are owned by SPAC as treasury shares or any SPAC Shares owned by any direct or indirect subsidiary Subsidiary of SPAC immediately prior to the Initial Merger First Effective Time, such SPAC Shares shall be canceled cancelled and shall cease to exist without any conversion thereof or payment or other consideration therefor.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (L Catterton Asia Acquisition Corp), Agreement and Plan of Merger (L Catterton Asia Acquisition Corp)
SPAC Treasury Shares. Notwithstanding clause (iiSection 2.3(c) above or any other provision of this Agreement to the contrary, if there are any SPAC Shares that are owned by SPAC as treasury shares or any SPAC Shares owned by any direct or indirect subsidiary Subsidiary of SPAC immediately prior to the Initial Merger First Effective Time, such SPAC Shares shall be canceled and shall cease to exist without any conversion thereof or payment or other consideration therefor.
Appears in 2 contracts
Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (COVA Acquisition Corp.)
SPAC Treasury Shares. Notwithstanding clause (iiSection 3.1(a)(i) above or any other provision of this Agreement to the contrary, if there are any SPAC Ordinary Shares that are owned held by SPAC as treasury shares or any SPAC Ordinary Shares owned held by any direct or indirect subsidiary Subsidiary of SPAC immediately prior to the Initial Merger Effective Time, such SPAC Ordinary Shares shall automatically be canceled surrendered, if applicable, and cancelled and shall cease to exist without any conversion thereof or payment or other consideration therefor.
Appears in 1 contract
Samples: Business Combination Agreement (APx Acquisition Corp. I)
SPAC Treasury Shares. Notwithstanding clause (iiSection 2.01(e)(ii) above or any other provision of this Agreement to the contrary, if there are any SPAC Ordinary Shares that are owned by SPAC as treasury shares or any SPAC Ordinary Shares owned by any direct or indirect subsidiary Subsidiary of SPAC immediately prior to the Initial SPAC Merger Effective Time, such SPAC Ordinary Shares shall automatically be canceled cancelled and shall cease to exist without any conversion thereof or payment or other consideration therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Project Energy Reimagined Acquisition Corp.)
SPAC Treasury Shares. Notwithstanding clause (ii) above or any other provision of this Agreement to the contrary, if there are any SPAC Shares that are owned by SPAC as treasury shares or any SPAC Shares owned by any direct or indirect subsidiary Subsidiary of SPAC immediately prior to the Initial Merger Effective Time, such SPAC Shares shall automatically be canceled cancelled and shall cease to exist without any conversion thereof or payment or other consideration therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Israel Acquisitions Corp)
SPAC Treasury Shares. Notwithstanding clause (iiSection 2.2(h)(ii) above or any other provision of this Agreement to the contrary, if there are any SPAC Shares that are owned by SPAC as treasury shares or any SPAC Shares owned by any direct or indirect subsidiary Subsidiary of SPAC immediately prior to the Initial First Merger Effective Time, such SPAC Shares shall be canceled cancelled and shall cease to exist without any conversion thereof or payment or other consideration therefor.
Appears in 1 contract
Samples: Business Combination Agreement (YishengBio Co., LTD)
SPAC Treasury Shares. Notwithstanding clause (iiSection 2.2(h)(ii) above or any other provision of this Agreement to the contrary, if there are any SPAC Shares that are owned by SPAC as treasury shares or any SPAC Shares owned by any direct or indirect subsidiary Subsidiary of SPAC immediately prior to the Initial Merger Effective Time, such SPAC Shares shall automatically be canceled cancelled and shall cease to exist without any conversion thereof or payment or other consideration therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Prenetics Global LTD)
