Termination of Certain Agreements. Without limiting the provisions of Section 1.5 or Section 13.2, the Company and the Company Shareholders hereby agree that, effective at the Share Contribution Closing, any shareholders, voting or similar agreement among the Company and any of the Company Shareholders or among the Company Shareholders with respect to the Company or its shares shall automatically, and without any further action by any of the Parties, terminate in full and become null and void and of no further force and effect with no Liability whatsoever for the Company. Further, the Company and the Company Shareholders hereby waive any obligations of the parties under any agreement described in the preceding sentence with respect to the Transactions, and any failure of the parties to comply with the terms thereof in connection with the Transactions.
Appears in 2 contracts
Samples: Business Combination Agreement (Investcorp Europe Acquisition Corp I), Business Combination Agreement (OpSec Holdings)
Termination of Certain Agreements. Without limiting the provisions of Section 1.5 2.5 or Section 13.212.2, the Company and the Company Shareholders hereby agree that, effective at the Share Contribution Acquisition Closing, any shareholders, voting or similar agreement among the Company and any of the Company Shareholders or among the Company Shareholders with respect to the Company or its shares shall automatically, and without any further action by any of the Parties, terminate in full and become null and void and of no further force and effect with no Liability whatsoever for the Company. Further, the Company and the Company Shareholders hereby waive any obligations of the parties under any agreement described in the preceding sentence with respect to the Transactionstransactions contemplated by this Agreement and the Ancillary Documents, and any failure of the parties to comply with the terms thereof in connection with the Transactionstransactions contemplated by this Agreement and the Ancillary Documents.
Appears in 2 contracts
Samples: Business Combination Agreement (Vertical Aerospace Ltd.), Business Combination Agreement (Broadstone Acquisition Corp.)
Termination of Certain Agreements. Without limiting the provisions of Section 1.5 or Section 13.22.6, the Company and the Company Shareholders hereby agree that, effective at the Share Contribution Closing, any shareholders, voting or similar agreement among the Company and any of the Company Shareholders or among the Company Shareholders with respect to the Company or its shares (including the Shareholders’ Agreement) shall automatically, and without any further action by any of the Parties, terminate in full and become null and void and of no further force and effect with no Liability whatsoever for the Company. Further, the Company and the Company Shareholders hereby waive any obligations of the parties under any agreement described in the preceding sentence with respect to the Transactions, and any failure of the such parties to comply with the terms thereof in connection with the Transactions.
Appears in 2 contracts
Samples: Business Combination Agreement (Home Plate Acquisition Corp), Business Combination Agreement (Home Plate Acquisition Corp)
Termination of Certain Agreements. Without limiting the provisions of Section 1.5 or Section 13.212.2, the The Company and the Company Shareholders Sellers hereby agree that, effective at the Share Contribution Closing, (a) any shareholders, voting or similar agreement among the Company and any of the Company Shareholders Sellers or among the Company Shareholders Sellers with respect to the Company’s capital shares, and (b) any registration rights agreement between the Company or and its shares shareholders, in each case of clauses (a) and (b), shall automatically, and without any further action by any of the Parties, terminate in full and become null and void and of no further force and effect with no Liability whatsoever for the Companyeffect. Further, the Company each Seller and the Company Shareholders hereby waive any obligations of the parties under the Company Organizational Documents or any agreement described in the preceding sentence clause (a) above with respect to the TransactionsTransactions and the Ancillary Documents, and any failure of the parties to comply with the terms thereof in connection with the TransactionsTransactions and the Ancillary Documents.
Appears in 2 contracts
Samples: Business Combination Agreement (Jupiter Wellness Acquisition Corp.), Business Combination Agreement (Deep Medicine Acquisition Corp.)
Termination of Certain Agreements. Without limiting the provisions of Section 1.5 2.7 or Section 13.212.2, the Company and the Company Shareholders hereby agree that, effective at the Share Contribution Acquisition Closing, any shareholders, voting or similar agreement among the Company and any of the Company Shareholders or among the Company Shareholders with respect to the Company or its shares shall automatically, and without any further action by any of the Parties, terminate in full and become null and void and of no further force and effect with no Liability whatsoever for the Company. Further, the Company and the Company Shareholders hereby waive any obligations of the parties under any agreement described in the preceding sentence with respect to the Transactionstransactions contemplated by this Agreement and the Ancillary Documents, and any failure of the parties to comply with the terms thereof in connection with the Transactionstransactions contemplated by this Agreement and the Ancillary Documents.
Appears in 1 contract
Samples: Business Combination Agreement (Centricus Acquisition Corp.)
Termination of Certain Agreements. Without limiting the provisions of Section 1.5 2.7 or Section 13.212.2, the Company and the Company Shareholders hereby agree that, effective at the Share Contribution Acquisition Closing, any shareholders, voting or similar agreement among the Company and any of the Company Shareholders or among the Company Shareholders with respect to the Company or its shares (including the Shareholders’ Agreement) shall automatically, and without any further action by any of the Parties, terminate in full and become null and void and of no further force and effect with no Liability whatsoever for the Company. Further, the Company and the Company Shareholders hereby waive any obligations of the parties under any agreement described in the preceding sentence with respect to the Transactions, and any failure of the such parties to comply with the terms thereof in connection with the Transactions.
Appears in 1 contract
Samples: Business Combination Agreement (GoGreen Investments Corp)
Termination of Certain Agreements. Without limiting the provisions of Section 1.5 2.6 or Section 13.212.2, the Company and the Company Shareholders hereby agree that, effective at the Share Contribution Acquisition Closing, any shareholders, voting or similar agreement among the Company and any of the Company Shareholders or among the Company Shareholders with respect to the Company or its capital shares shall automatically, and without any further action by any of the Parties, terminate in full and become null and void and of no further force and effect with no Liability whatsoever for the Company. Further, the Company and the Company Shareholders hereby waive any obligations of the parties under any agreement described in the preceding sentence with respect to the Transactionstransactions contemplated by this Agreement and the Ancillary Documents, and any failure of the parties to comply with the terms thereof in connection with the Transactionstransactions contemplated by this Agreement and the Ancillary Documents.
Appears in 1 contract
Samples: Business Combination Agreement (Kismet Acquisition One Corp)
Termination of Certain Agreements. Without limiting the provisions of Section 1.5 or Section 13.23.7, the Company and the Company Shareholders hereby agree that, effective at the Share Contribution Closing, any shareholders, voting or similar agreement among the Company and any of the Company Shareholders or among the Company Shareholders with respect to the Company or its shares (including the Shareholders Agreement) shall automatically, and without any further action by any of the Parties, terminate in full and become null and void and of no further force and effect with no Liability whatsoever for the Company. Further, the Company and the Company Shareholders hereby waive any obligations of the parties under any agreement described in the preceding sentence with respect to the Transactions, and any failure of the such parties to comply with the terms thereof in connection with the Transactions.
Appears in 1 contract