SPAC Treasury Shares. Notwithstanding Section 4.1 (c) 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 of SPAC immediately prior to the First SPAC Merger Effective Time, at the First SPAC Merger Effective Time, such SPAC Ordinary Shares shall be canceled and shall cease to exist without any conversion thereof or payment or other consideration therefor.
Appears in 2 contracts
Samples: Merger Agreement (Bayview Acquisition Corp), Merger Agreement (Alphatime Acquisition Corp)
SPAC Treasury Shares. Notwithstanding
Notwithstanding Section 4.1 (c3.1(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 First SPAC Merger Effective Time, at the First SPAC 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
Notwithstanding Section 4.1 (c3.2(c) 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 First SPAC Merger Effective Time, at the First SPAC Merger Effective Time, such SPAC Ordinary Shares shall be canceled and shall cease to exist without any conversion thereof or payment or other consideration therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (JVSPAC Acquisition Corp.)
